Category: crypto

The NFT market saw $61.5 million in sales with a 1.52% increase over the past week. Ethereum led with $29 million in sales. Bitcoin also had high sales. YES BOND on BNB Chain topped collection rankings. High-value sales were dominated by Bitcoin NFTs. CryptoPunks had top individual sales.

Interactive Brokers has introduced 24/7 USDC deposits, with Ripple USD and PYUSD coming soon, that automatically convert to USD, reducing cross-border wire delays from days to minutes. The move addresses market demand for faster capital movement as stablecoin adoption increases globally, with USDC leading in transaction volume.

A Bitcoin user lost 0.84 BTC after sending it to a compromised wallet with a private key derived from a block reward transaction identifier. Automated bots in the mempool detected the deposit and competed for the funds through replace-by-fee transactions, highlighting the importance of true entropy in key generation to prevent theft.

Cryptocurrency analyst TARA predicts Bitcoin will rise above $99,000 despite recent bearish signals. Other analysts suggest that Bitcoin ETFs are experiencing strong inflows, and BitMEX co-founder Arthur Hayes believes the rally could be sustained due to increasing dollar liquidity. Traders are positioning for a rally past resistance levels towards six figures.

Capital One has received preliminary court approval for a $425 million settlement to resolve a class-action lawsuit over alleged underpayment of interest on 360 Savings accounts. The settlement will compensate affected past account holders with $300 million and boost interest for current account customers with $125 million. The bank denies wrongdoing.

Utah man Brian Garry Sewell sentenced to 3 years in federal prison for a $2.9 million cryptocurrency investment fraud scheme affecting 17 victims. He also ran an unlicensed money-transmitting business, converting $5.4 million in cash to crypto. Sewell must pay over $3.6 million in restitution. Global cryptocurrency crime surges.

ARK Invest CEO Cathie Wood believes that Bitcoin’s low correlation with traditional assets and fixed supply make it a powerful diversification tool, with a 360% price surge since late 2022. Wood’s 2026 outlook shows Bitcoin’s correlation with gold at 0.14 and bonds at 0.06, making it an attractive investment option.

Interactive Brokers now supports instant USDC deposits for eligible clients, with RLUSD and PYUSD to be added soon. ZeroHash converts stablecoins to USD with a 0.30% fee, bypassing slow bank wires. This allows for quick access to funds 24/7 and eliminates costly wire transfer delays for international investors.

Citron Research accuses Coinbase CEO Brian Armstrong of withdrawing support for the CLARITY Act to protect the exchange’s stablecoin yield business from competition. Armstrong warns that the bill could ban tokenized equities, expand SEC control over DeFi, and end stablecoin rewards. Ripple CEO Brad Garlinghouse supports Armstrong’s concerns.

Pump.fun updated its creator fee system to include fee sharing, ownership transfers, and trader-voted narratives after Solana memecoin launches spiked towards 30,000 in a day. The changes aim to align incentives with market demand and increase engagement on the platform, with plans for further adjustments to balance creator earnings and platform sustainability.