Category: crypto
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Oklahoma exits Bitcoin reserve race as Senate rejects bill
Oklahoma has exited the race to establish a Strategic Bitcoin Reserve after a key bill failed in the State Senate. Despite earlier momentum in the House of Representatives, the bill was struck down. Currently, 21 states are still exploring Bitcoin reserves, with discussions about federal funding options underway.
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Phishing scammers now exploiting Google’s infrastructure to target crypto users
Phishing scams targeting crypto users are becoming more advanced, with attackers exploiting Google’s infrastructure to conduct convincing attacks. Cybercriminals are using a loophole in Google’s ecosystem to send phishing emails that appear as genuine security alerts. Google has not addressed the issue, prompting concerns about the security of crypto wallets.
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China debates $50B in seized crypto policy shift, urged to create national reserve
China is considering implementing a nationwide policy to regulate the handling of cryptocurrencies seized from criminal activities. The absence of clear guidelines has led to varying disposal practices across regions, sparking concerns about misuse and corruption. Chinese local governments have been divesting crypto assets, but the growing scale of related crimes is prompting a rethink.…
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OKX relaunches in US with new trading platform and Web3 wallet after major legal settlement
OKX has relaunched its operations in the US with a new trading platform and leadership team. The exchange has implemented a compliance framework, including KYC procedures and fraud detection systems. It has set up a new headquarters in California and plans to gradually onboard users with a focus on regulatory compliance and security.
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S&P 500 futures fall on White House 245% tariff headline as Bitcoin lags all major asset classes
S&P 500 futures dropped 1.6% due to uncertainty in U.S. trade policy with China, with tariffs reaching 245%. Bitcoin underperformed as other assets like gold and bonds rose. Market reactions reflect U.S.-China tensions impacting capital allocation decisions. Nvidia’s export restrictions on semiconductor technology added to market uncertainty. Bitcoin’s response to global macro catalysts is being…
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Messari Reports Strong Q1 for TRON with Record Revenue, $19B Daily USDT Volume
Messari’s sponsored post highlights TRON’s advancements in Q1 2025, focusing on its role in DeFi and stablecoin adoption. The report emphasizes TRON’s technical infrastructure, scalability, and user engagement. Key insights include ecosystem growth, technical upgrades, and stablecoin usage. TRON continues to grow its ecosystem with initiatives like T3 FCU.
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ProShares taps into XRP’s momentum with new futures ETFs set for April 30 launch
ProShares plans to launch XRP futures-based ETFs by April 30, relying on futures contracts and swap agreements for exposure. This comes after the launch of the Teucrium 2x Long Daily XRP ETF on April 9. Kaiko believes XRP is a strong candidate for a spot ETF approval in the US, with prediction markets estimating a…
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SEC concludes review of Coinbase disclosures after over 2 years, no amendments required
The Securities and Exchange Commission has completed its review of Coinbase’s financial disclosures without requiring any amendments or restatements, according to a letter shared by the exchange’s Chief Legal Officer. The review process took over two years and focused on the company’s Form 10-K filings. Coinbase remains focused on expanding its offerings.
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Nigerian investors blindsided by massive CBEX Ponzi scheme
Thousands of Nigerians lost millions to a fraudulent digital asset trading platform, CBEX, operating as a Ponzi scheme. Initial reports estimated losses at $800 million, but analysis suggests a lower figure. CBEX lured investors with promises of high profits and AI-driven trading, leading to frozen accounts and backlash. The scam is linked to other international…
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Trump reportedly developing Monopoly-inspired crypto game
President Donald Trump is collaborating with Bill Zanker to create a crypto-based video game similar to Monopoly. The game involves virtual real estate and blockchain technology, but specific details have not been disclosed. Zanker has been involved in Trump family’s digital asset ventures, including NFTs and memecoins. The game is set to launch soon.