Crypto News
The latest cryptocurrency news, market moves and industry updates.
Thailand SEC files complaint against Bitkub over alleged false disclosures
Thailand's SEC files complaint against Bitkub over alleged false disclosures linked to a 2021 cyberattack. The complaint targets Bitkub and two former directors
Odos Protocol to shut down, gives users until July 30 to withdraw assets
Odos Protocol will shut down on July 30, giving users one week to withdraw assets, according to CoinTelegraph
EU hits Russia with massive 21st sanctions package targeting $120B crypto network
The EU has imposed its 21st sanctions package on Russia, targeting a $120 billion crypto network, and is considering a ban on third-country crypto services providers. A total of 14 crypto companies are being targeted.
Crypto market maker B2C2 held sale talks with multiple potential buyers
B2C2, a crypto trading firm owned by SBI, has been in sale talks with several potential buyers, but valuation disagreements have hindered a deal, as reported by CoinDesk.
RWAs become Hyperliquid’s largest trading category
RWAs have become Hyperliquid's largest trading category, accounting for over half of the exchange's weekly volume, a first for the decentralized exchange.
Crypto's institutional influx has killed the memecoin craze
The rise of institutional investment in cryptocurrency has led to a decline in the memecoin craze, as reported by CoinDesk. This shift marks a significant change in the market
A $5 billion cluster has formed in bitcoin options. It tells a bullish story
A $5 billion cluster has formed in bitcoin options, with calls outnumbering puts, indicating a bullish trend. Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest.
Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market
Bitcoin settles near $65,000 as oil prices surge, with crypto markets rising despite geopolitical tensions. Oil reached $97.66, its highest since May.
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
Poolin, formerly the biggest Bitcoin mining pool, is filing for bankruptcy due to significant debt. The company owes $173 million.