Decrypt
P2P.me, backed by Coinbase Ventures and Multicoin Capital, apologized for using Polymarket to speculate on its fundraising round, admitting it caused confusion and hurt trust. The company made less than $15,000 in profits but acknowledged the negative impact of its actions.
LATEST NEWS
Decrypt
A Washington State man, Geoffrey Auyeung, faces charges for allegedly laundering $7.1 million in crypto from a $97 million oil and gas investment fraud scheme. The funds were moved through various cryptocurrency accounts and banks, with connections to Russia and Nigeria.
Decrypt
Ethereum's recent surge has positioned U.S.-based Ethereum ETF investors ahead of Bitcoin ETF holders, with high growth in Ethereum to Bitcoin ETF holdings and spot trading volume ratios since April. Factors like rising institutional interest and strong capital flows are driving Ethereum's outperformance.
Decrypt
DigitalX has acquired 74.7 BTC, increasing its total Bitcoin holdings to 499.8 BTC valued at over $91 million. The company's strategy focuses on consolidating Bitcoin as the core asset in its treasury portfolio.
Decrypt
The SEC's recent decision to halt the approval of Bitwise's 10 Crypto Index ETF has caused concern among crypto ETF observers. This marks the second time this month that the commission has intervened to block a staff-level recommendation, leaving other ETF issuers in limbo.
Decrypt
Four individuals were convicted in London for attempting to kidnap and extort a Belgian barber who they believed had a significant Bitcoin fortune. The victim, Quentin Cepeljac, was lured to the U.K. under false pretenses, but the kidnappers settled for a small amount of cash after discovering he had minimal crypto holdings.
Decrypt
BitMine Immersion's stock rose over 3% after ARK Invest bought $182 million of its shares, reflecting the growing interest in Ethereum investments. The company aims to acquire and stake 5% of all Ethereum, with its share price soaring 827% in the past month.
Decrypt
Established NFT projects like CryptoPunks are gaining interest as leading altcoin prices increase, particularly on Ethereum and Solana. The NFT market saw a surge in trading volume, with CryptoPunks.app contributing significantly to the activity, leading to a rise in floor prices for various collections.
Decrypt
Pump.fun's token has fallen below its ICO price, causing a loss for early buyers. The community is growing impatient as the airdrop date remains unannounced, while a rival platform gains market share.
Decrypt
The TON Wallet, developed by The Open Platform, is now available for U.S. residents on Telegram, offering features like buying, selling, and sending cryptocurrencies within the app. With over 100 million worldwide activations last year, the wallet aims to make decentralized finance more accessible to everyday users.
Decrypt
The XRP Army, a group of devoted XRP investors, expresses frustration over the SEC lawsuit that hindered the cryptocurrency's growth for seven years. Despite reaching a new all-time high, members feel sidelined compared to other cryptocurrencies.