Category: crypto
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Paris authorities on alert after attempted abduction targets crypto CEO’s family
Authorities in Paris are investigating a criminal case after masked attackers tried to kidnap the daughter of a crypto CEO and her child in broad daylight. The incident was caught on video, showing the woman being forced into a van while her partner shielded their child. The motive and suspects are still unknown.
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Curve Finance moves to new domain after DNS attack exposes security risks
Curve Finance is permanently moving to a new web domain, Curve.finance, after a targeted DNS attack exposed users to phishing risks on the compromised Curve.fi domain. Hackers redirected visitors to a fake site to trick users into draining their wallets. Security experts warn of increasing infrastructure-based vulnerabilities in the crypto industry.
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Tron strengthens grip on USDT, claiming nearly half of its $150B supply Research 25 seconds ago
Tron has significantly increased its holdings of USDT, now owning nearly half of its $150 billion supply. This development demonstrates Tron’s growing influence and control within the cryptocurrency market.
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21Shares says Solana on pace to become linchpin of digital finance
Solana (SOL) has become the fastest-growing Layer 1 blockchain in 2025, surpassing Ethereum (ETH) in developer growth. It has processed $364 billion in volume in the first two months of the year, supporting over 100 million monthly active users with low fees and fast transaction speeds. Solana’s DeFi ecosystem has grown to $8 billion in…
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Virtuals debuts veVIRTUAL staking to boost rewards for Genesis launchpad users
Virtuals has introduced a new staking mechanism for its native token VIRTUAL, giving users veVIRTUAL instead of passive holding incentives. veVIRTUAL holders will receive 20% of Virgen Point emissions, replacing previous token holding rewards. veVIRTUAL holders also gain eligibility for Genesis Airdrops on Virtuals’ launchpad, with details pending. The protocol aims to increase utility and…
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Fed council warns stablecoins may pose risk to bank deposits and credit capacity
Members of the Federal Reserve’s CDIAC expressed concerns about nonbank-issued stablecoins potentially leading to deposit outflows from traditional banks and reduced credit availability in local communities. They compared this threat to the past exodus of funds to money market mutual funds. They called for supervision of stablecoins to address risks and ensure consistent oversight. Fed…
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Crypto liquidity lags behind traditional finance despite market efficiency gains – S&P Global
A new report from S&P Global indicates that liquidity in crypto markets lags behind traditional finance due to fragmentation, technical differences, and exposure to external shocks. The study analyzed liquidity metrics for Bitcoin, Ethereum, and major stablecoins, showing that centralized exchanges dominate volume and provide higher liquidity compared to decentralized exchanges. Infrastructure constraints like political…
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US lawmakers warn Treasury on taxing US firms’ unrealized crypto gains
Two US senators are urging the Treasury Department to prevent the corporate alternative minimum tax from penalizing US firms for unrealized gains due to updated accounting standards. They argue that including digital asset gains in the tax calculation puts US companies at a disadvantage and call for regulatory guidance to exclude them.
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Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing
Twenty One Capital purchased 4,812 Bitcoins for $458.7 million through a business combination agreement with Cantor Equity Partners. The Bitcoin was initially acquired by Tether and will be transferred to Twenty One at the closing of the transaction. The company plans to hold over 42,000 BTC and focus on Bitcoin-native financial products.
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SEC punts decision on crypto ETFs again, final rulings anticipated later in 2025
The US Securities and Exchange Commission has postponed decisions on multiple crypto-related exchange-traded fund (ETF) applications, including those from Grayscale and BlackRock. The delays align with expectations that approvals will not be granted until the final quarter of 2025. The SEC also acknowledged a filing for a 21Shares spot Dogecoin (DOGE) ETF, with decisions expected…