Category: crypto

The Coinbase hacker recently spent $22.95 million worth of USD Coin on Solana, marking the second major Solana purchase by the hacker. The hacker has made multiple transactions with stolen funds, totaling at least $400 million. The cyberattack in May 2025 impacted nearly 70,000 users through social engineering tactics.

OranjeBTC, with 3,650 Bitcoin and support from the Winklevoss twins, plans to list on Brazil’s B3 exchange through a reverse merger with Intergraus. The move aims to provide regulated exposure to Bitcoin for local investors and expand the company’s reserves. OranjeBTC believes in the transformative power of Bitcoin in financial systems.

Sui has introduced suiUSDe, a new synthetic stablecoin built natively on the network to reduce reliance on dominant assets like USDC. The project is a partnership between Sui, SUIG, and Ethena Labs, with revenue funding SUI buybacks. Despite potential, regulatory and market challenges could slow adoption.

AVAX price surged to $31.32 following Avalanche Treasury Co.’s announcement to become a public vehicle acquiring up to $1 billion worth of AVAX tokens. The merger with Mountain Lake Acquisition Corp is expected to value the new entity at over $675 million, with plans to support the Avalanche ecosystem.

Plasma’s XPL token fell 45% from its peak, sparking rumors of insider selling and market maker ties. Founder Paul Faecks denied these claims, stating that team members and early investors are locked up for three years. Despite the decline, Plasma remains focused on long-term infrastructure and stablecoin ecosystem adoption.

Thai SEC plans to allow Crypto ETFs beyond Bitcoin to attract local and foreign investors. The agency is drafting rules to include a range of digital assets in ETFs offered by local mutual funds and institutions. This move aligns with Thailand’s goal to become a regional crypto hub and attract young investors.

Pendle Finance is partnering with Plasma’s digital bank to offer DeFi yield products to users globally, including the unbanked. Five yield markets with APYs ranging from 12.67% to 649% will be available on Plasma. $900,000 in XPL token incentives will support Yield Token holders and liquidity providers. Plasma’s mainnet beta saw over $2 billion in…

Sweden is considering establishing a national Bitcoin reserve funded by seized assets. Lawmakers are proposing the move to hedge against inflation and diversify state assets. The proposal aims to preserve Bitcoin’s legal status and follows a global trend, with countries like the US already developing strategic crypto reserves.

Coinbase is integrating 1inch’s Swap API to improve token swaps directly on its decentralized exchange feature, making it 1inch’s largest U.S. client. This integration will bring onchain trading to Coinbase users and offer better execution prices and liquidity depth by aggregating quotes from various sources. This move aligns with Coinbase’s goal of becoming a comprehensive…

SOON price has broken above key resistance after weeks of consolidation, reaching around $0.48 following a listing on Kraken. A retest at $0.43 is likely, with support at $0.35. If $0.43 holds, the price could target $0.55-$0.60 resistance. Stronger support at $0.35 may contain any pullback.