Found 10222 news
Australia’s securities regulator said two-thirds of Gen Z are using social media to make decisions about their financial future, leading to “riskier” financial decisions. Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” invest in crypto. The Australian Securities and Investments Commission (ASIC) posted the results of a survey on Sunday, finding that Gen Z has high levels of trust in “often unreliable sources,” which has contributed to riskier financial decisions. “Moneysmart’s Gen Z study found that while Gen Z has a strong appetite for reputable and trustworthy financial content, many struggle to find it – and their search often leads them to sources designed for engagement rather than accuracy,” ASIC said. Read more
WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal. World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal. The proposal from the Trump family-backed crypto venture closed on Friday with 99.12% of 1,800 votes cast in favor, according to the snapshot governance vote. Over 76% of the tokens came from ten users. WLFI said the proposal was to ensure only those with “long-term alignment to the protocol” can make decisions on the protocol. Read more
In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE. Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week. “We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday. Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades. Read more
The legislation assumes that all crypto activity must pass through financial intermediaries licensed by the US government, warns Gnosis co-founder. The regulatory provisions outlined in the US Digital Asset Market Structure Clarity Act, otherwise known as the CLARITY Act, threaten to give large financial institutions control over crypto, according to Dr. Friederike Ernst, co-founder of the Gnosis blockchain protocol. Regulations in the CLARITY crypto market structure bill assume that activity must pass through centralized intermediaries, which risks consolidating crypto rails in the hands of a few entrenched players, Ernst told Cointelegraph. “Blockchain’s real breakthrough was not just a new financial infrastructure. It was the ability for users themselves to become owners of the networks they rely on," she said. Ernst added: Read more
The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets. Venus Protocol, a decentralized lending and borrowing platform, said on Sunday it had detected suspicious trading activity in the liquidity pool for the Thena (THE) token, the native cryptocurrency of the Thena decentralized finance platform. The unusual trading activity only affected pools for the Cake (CAKE) token, the native cryptocurrency of the PancakeSwap decentralized exchange, and the Thena token, according to an announcement from Venus Protocol. The Venus team said: The suspicious trading activity is suspected to be a supply cap attack that was executed in two phases: a steady accumulation of about 84% of the total THE token market cap, coupled with a lending attack, according Allez Labs, which was identified by Venus Protocol as its risk manager. The Venus exploiter used the Theta token as collateral to borrow 6.67 million CAKE tokens, 1.58 million USDC (USDC)...
The blockchain co-founder said the goal is to make the "self-sovereign" method of Ethereum users running their own nodes a user-friendly experience. Ethereum co-founder Vitalik Buterin posted a proposal, or a pull request, on Saturday that would merge the backend programs used by nodes to interact with Ethereum’s Beacon Chain, which handles consensus and staking, and the protocol’s execution layer into one unified code structure to simplify node setup. Ethereum node runners, also called validators, currently have to run two separate programs, which each require setup and synchronization to coordinate and communicate the data produced by Ethereum’s consensus and execution layers. This raises the technical complexity of running a node or providing validation services for the Ethereum network, preventing ordinary users from running their own infrastructure and forcing reliance on third-party service providers. Read more
Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line. Bitcoin (BTC) inched higher on Sunday as bulls sought to seal a weekly close above $70,000. Key points: Bitcoin eyes its highest daily close in over a week with a fresh weekend push above $70,000. Read more
During the Iran conflict, gold attracted safe-haven demand, while Bitcoin’s reaction reflected liquidity conditions and broader market sentiment rather than acting as a classic crisis hedge. The 2026 Iran conflict created a major geopolitical shock that triggered volatility across global markets. It pushed investors to reassess traditional safe-haven assets such as gold and emerging alternatives like Bitcoin. Gold initially benefited from safe-haven demand but later declined as the US dollar strengthened and bond yields rose. This showed that macroeconomic forces can override crisis-driven buying. Bitcoin experienced volatility but recovered quickly, reflecting its growing role as an alternative asset. However, its price movements remained closely tied to market sentiment and liquidity conditions. Read more
Forensic analysis of lobbyist Mauricio Novelli’s phone reportedly uncovered a draft document outlining a $5 million payment tied to Argentina's president's promotion of the Libra token. New forensic findings from the phone of crypto lobbyist Mauricio Novelli have revealed a draft document suggesting a possible $5 million agreement connected to Argentine President Javier Milei’s promotion of the Libra token, according to local media reports. The document, recovered from Novelli’s iPhone during a judicial investigation into the Libra crypto scandal, outlines a three-part payment structure totaling $5 million. Screenshots of the note surfaced after expert materials held by prosecutor Eduardo Taiano since November were made public, Argentine outlet El Destape reported. The draft note was reportedly written in English on Feb. 11, 2025, just three days before Milei posted about the Libra token on X. “Hello friends, this is the final agreement discussed with H,” the text begins, which is believed to refer to crypto ...
Regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules. Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital markets at Mega Matrix. Butler said financial institutions have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while lawmakers debate how stablecoins should be classified. “Their general counsels are telling their boards that you cannot justify the capital expenditure until you know whether stablecoins will be treated as deposits, securities, or a distinct payment instrument,” he told Cointelegraph. Several major banks have already developed parts of the infrastructure needed to support stablecoins. JPMorgan developed its Onyx blockchain payments network, BNY Mellon launched digital asset custody services, and Citigroup has tested ...
Only a few crypto tokens will experience price rallies and asymmetric upside, while broad altcoin market rallies are a thing of the past. Traditional altcoin cycles, which featured broad market rallies called “altseason,” are now a relic of the past as new crypto market dynamics set in, according to Andrei Grachev, Managing Partner of DWF Labs, a crypto market maker and investment firm. Too many tokens competing for limited capital and mindshare, a smaller number of market participants, and crypto exchange-traded funds (ETFs) altering market dynamics by trapping liquidity are driving factors of the disruption, Grachev told Cointelegraph. An institutional focus on large-cap digital assets like Bitcoin (BTC), Ether (ETH) and tokenized real-world assets (RWAs) is also diverting capital and attention away from altcoins, he said. Read more
The Ethereum Foundation completed a $10.2 million OTC sale of 5,000 ETH to BitMine as part of its treasury management strategy to fund operations and ecosystem development. The Ethereum Foundation has finalized an over-the-counter (OTC) sale of 5,000 Ether to BitMine Immersion Technologies, a transaction worth about $10.2 million based on the agreed price of $2,042.96 per ETH. In a Saturday post on X, the foundation said proceeds from the sale will support core operations, including protocol research and development, ecosystem growth initiatives and community grant programs. The onchain transfer will originate from an Ethereum Foundation Safe multisignature wallet. BitMine, a publicly traded company on the NYSE American under the ticker BMNR, has emerged as one of the largest corporate holders of Ether (ETH). Chaired by Fundstrat co-founder Tom Lee, the firm holds more than 4.5 million ETH worth roughly $9.3 billion, according to industry treasury trackers. Read more
Santiment says the recent uptick in Bitcoin whale accumulation is a "positive reversal," and the platform is watching for retail selling to confirm a potential market bottom. Large Bitcoin wallets are increasing their holdings again as the asset’s price holds around $71,000, according to crypto sentiment platform Santiment. “Their recent shift to accumulation is a bullish signal,” Santiment said in a report on Saturday, referring to wallets holding between 10 and 10,000 Bitcoin (BTC). “This is a positive reversal,” Santiment added. Santiment data shows wallets holding 10 to 10,000 Bitcoin (BTC) now control 68.17% of Bitcoin’s total supply, up from 68.07% seven days earlier. Read more
While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a Galaxy digital executive said more obstacles could appear. The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to a crypto executive. “If CLARITY doesn't pass committee by the end of April, odds of passage in 2026 become extremely low,” Galaxy Digital head of firmwide research Alex Thorn said in an X post on Saturday. “This needs to hit the Senate floor by early May... floor time is running out, and odds diminish every day that passes,” Thorn said. It comes after US Senate Majority Leader John Thune said he doesn’t expect the chamber to act on the digital asset market structure legislation before April, as it will prioritize the SAVE America Act, which would require voters to provide proof of US citizenship in person to register. Read more
Banks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly. The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge” influx of liquidity into BTC, according to market analyst Nic Puckrin. Under the current Basel rules, BTC and similar digital assets are given a 1,250% risk weight, meaning banks must hold reserve assets at a 1:1 ratio to back any Bitcoin held on their balance sheets, Puckrin said. These restrictive capital requirements make it “almost impossible” for banks to hold BTC or offer BTC-related services, he added. He said: Read more
Johnson said that he could understand why gold and Pokémon cards have investment appeal but not Bitcoin, which he characterized as a scam. Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history. Johnson wrote an opinion article published in the Daily Mail on Friday that began with a story about a friend who had given 500 British pounds, or about $661, to a man who promised to “double his money” by investing it in BTC. The friend continued to pay additional “fees” to the scheme’s promoter over the next three and a half years, but was never able to retrieve his funds, despite sinking 20,000 British pounds, or about $26,474, which led to financial hardship, Johnson said. Read more
BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000. Bitcoin (BTC) is on track for its strongest weekly gain since September 2025, defying a broader risk-off backdrop driven by the escalating US and Israel-Iran war. Key takeaways: Strategy raised $776 million this week, which could lead to the purchase of over 11,000 BTC. Read more
Former Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide. Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people. In a Saturday post on X, Srinivasan said the number of displaced individuals could grow as global conflicts intensify and economic migration increases. He pointed to examples ranging from Ukrainians fleeing war to workers leaving the Gulf countries amid regional tensions. “We should build more crypto tools for refugees and stateless people,” Srinivasan wrote, suggesting that blockchain-based systems can provide financial infrastructure when traditional institutions fail or become inaccessible. Read more
Blockchain's transparency traces illicit flows better than fiat systems. Industry-wide information sharing and unified AML rules close gaps, without curbing liberty. Opinion by: Ana Carolina Oliveira, chief compliance officer at Venga Crypto doesn’t have a money laundering problem on its own. At least, not when compared to traditional finance, where the practice is at least twice as prevalent and over 90% of which is believed to go undetected. Money laundering is a general problem wherever we see the transfer of funds. That’s the good news. Blockchain records everything for posterity. When money laundering does occur, an indelible record is created that allows the illicit financial flows to be traced from end to end. Read more10222 items