Stablecoins Overtake Bitcoin as Top Target for Crypto Criminals: Chainalysis Report
A recent report by Chainalysis, a U.S.-based blockchain analysis firm, has uncovered a significant shift in cryptocurrency-related crimes. In its latest “2025 Crypto Crime” report, the firm reveals that criminals are increasingly targeting stablecoins over Bitcoin and other cryptocurrencies. Surge in Stablecoin Crimes According to the report, illegal transactions involving
Ripple CTO Defends XRP Sales Amid Investor Concerns
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple, has defended the company’s right to sell XRP, stating that Ripple will always act in its own interest. His comments came in response to criticism that Ripple’s ongoing sales of XRP could negatively impact investors. “Ripple can, will, and should
Crypto Market Plunges $300 Billion as Trump’s Tariffs Shake Investors
The crypto market faced a brutal crash, shedding over $300 billion in value following Donald Trump’s sweeping tariffs on China, Mexico, and Canada. Bitcoin (BTC) nosedived nearly 10%, while major altcoins such as Ethereum (ETH), Solana (SOL), and XRP recorded double-digit losses. The sudden downturn comes just a day after
Bybit Hack: $1.4B Heist Still Under Investigation as Funds Remain Traceable
Bybit CEO Ben Zhou has provided a crucial update on the largest crypto hack in history, detailing the movement of the stolen $1.4 billion. While 77% of the funds remain traceable, 20% have gone dark, and 3% have been frozen. Stolen Funds Converted to Bitcoin Zhou revealed that 83% of
Bitcoin Surges as Trump Unveils U.S. Crypto Reserve Plans
Bitcoin and the broader crypto market experienced a major rally over the weekend after U.S. President Donald Trump announced the creation of a strategic crypto reserve. This policy shift boosted investor confidence, pushing Bitcoin to new highs and lifting altcoins alongside it. Bitcoin Soars Past $93,000 Bitcoin surged nearly $14,000
Trump Teases Major Announcement, Crypto Markets on Edge
Just a day after unveiling his plans for a U.S. Crypto Reserve, President Donald Trump has once again ignited speculation in the crypto industry. In a brief but intriguing post on Truth Social, he wrote: “Tomorrow night will be big. I will tell it like it is!” With his recent
Trump Names XRP, SOL, ADA in U.S. Crypto Reserve, Excludes Bitcoin
U.S. President Donald Trump revealed plans for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) as key assets. The decision, shared on his Truth Social platform, aims to strengthen the U.S. crypto industry and counter past regulatory crackdowns. Notably, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—were
Bitcoin Slips into Bear Market with Biggest Monthly Drop Since 2022
Bitcoin has suffered its largest monthly drop since June 2022, plunging 17.5% in February and slipping into a technical bear market. The world’s biggest cryptocurrency closed the month at around $84,252 (£67,010), after hitting a three-month low of $78,273. This marks Bitcoin’s 11th worst month in the last decade, as
Bitcoin ETFs Face Third Week of Outflows, Losing $2.61 Billion
The crypto ETF market faced another turbulent week from February 24 to 28, with bitcoin ETFs recording a net outflow of $2.61 billion. This marked the third consecutive week of declines, reflecting growing bearish sentiment. The most significant single-day withdrawal occurred on February 26, when investors pulled $1 billion from
Trump to Host First White House Crypto Summit on March 7
President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together industry leaders, policymakers, and investors to discuss regulations, stablecoins, and Bitcoin reserves. The event, chaired by White House AI and Crypto Czar David Sacks, aims to provide much-needed clarity for the US crypto industry.
