Crypto

A vulnerability in some MediaTek-powered phones could allow attackers to extract encrypted data, including wallet seed phrases, using only a USB connection.

The prediction market is the first to use the USD1 stablecoin as its main settlement layer, creating a “faster, simpler” user experience.

Binance returns to Iran sanctions scrutiny after its $4.3 billion U.S. plea The Justice Department is reportedly probing Iran’s use of Binance to evade sanctions, pulling the world’s largest crypto exchange back into a national security case less than three years after it pleaded guilty in the U.S. and agreed to a resolution worth more […] The post DOJ probes Binance again over Iran-linked crypto flows after $4.3B settlement and CZ pardon appeared first on CryptoSlate.

XRP looks primed for significant volatility, yet it remains unclear whether that will translate into a rally or a steep pullback.

The Trump SEC appears to contend a token connected to Sun was offered as a security. The admission could complicate the regulator’s new views on crypto.

Ben McKenzie's film, “Everyone Is Lying to You for Money” touts interviews with former FTX CEO Sam Bankman-Fried on his political donations. Ben McKenzie, a Hollywood actor known for his roles on television shows including Gotham and The OC, has released the trailer for a documentary about cryptocurrency featuring interviews with actors and former executives at once-prominent trading platforms. Released by international sales agency and distributor The Forge on Tuesday, the trailer for the documentary, titled “Everyone Is Lying to You for Money,” showed McKenzie saying cryptocurrency was “pretty stupid” and the actor’s journey to advocating against the industry. The film features footage from 2022 of former FTX CEO Sam “SBF” Bankman-Fried and former Celsius CEO Alex Mashinsky before their respective companies collapsed, as well as interviews with celebrities including Morena Baccarin and Gerard Butler. The trailer shows McKenzie directly asking SBF how much he had donated to politicians; it lists among its ca...

The investment makes Strive the latest corporate to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments. Strive Asset Management (ASST) said Wednesday it has allocated $50 million of its corporate treasury to STRC, the variable-rate perpetual preferred stock issued by Strategy. The investment represents more than one-third of Strive’s treasury reserves and reflects growing institutional interest in yield-generating securities linked to Bitcoin-focused treasury strategies, according to a company announcement. The allocation makes Strive the latest company to add STRC to its balance sheet, following similar moves by companies including Prevalon Energy, Anchorage Digital and Oranjebtc, according to Strategy. Read more

The longtime bitcoin bear's gloom-and-doom call met with fierce rebuttal from industry analysts.

Bitcoin enters its most psychologically challenging cycle phase as BTC sellers and rising losses signal prolonged uncertainty and potentially more pain ahead. Bitcoin (BTC) failed to break the $72,000 resistance on Tuesday, as onchain data suggested that BTC was entering the most “challenging” phase of the cycle. Key takeaways: Bitcoin price stays range-bound following another rejection at $72,000. Read more

The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.

VanEck products will be available on fintech 401(k) provider Basic Capital, offering retirement savers potential exposure to digital assets through exchange-traded funds. VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts. On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored 401(k) plans. The companies did not specify which VanEck digital asset ETPs will be available on the platform. Within crypto, VanEck is best known for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum Trust (ETHV), its spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs). Read more

The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won't be allowed from third-party firms.

In this week’s Crypto Long & Short Newsletter, Sylvia To on AI agents choosing denationalized money.

Foundry Digital said it plans to offer a mining pool for Zcash next month, enabling people to earn the coin using shared resources.

Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Key points: Bitcoin is facing selling above $70,000, but a shallow pullback increases the likelihood of a rally to $74,508. Select major altcoins are showing strength and may break above their overhead resistance levels. Read more

STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined. Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings. Key takeaways: STRC share sales have generated cash to acquire over 3,500 BTC so far this week. Read more

Arthur Hayes says he’s waiting for central banks to print again before buying Bitcoin, even as he expects BTC to top $100K.

Over 85 crypto industry firms have signed on for Mastercard’s new initiative, which it said will inform future products and services.

The move mirrors JPMorgan's similar trademark filing that foreshadowed the bank's introduction of tokenized deposits on Ethereum layer-2 network Base.

An Oil Scare Near Hormuz Showed How Fast Bitcoin Reverts to a Risk Trade While Bitcoin has rebounded and held above $70,000 over the last 48 hours, the acute phase of the latest oil shock showed the market’s first instinct: sell crypto when inflation fear rises, and the path to easier money gets harder. Still, […] The post Why oil panic hitting global markets caused traders to dump Bitcoin instead of hiding in it appeared first on CryptoSlate.