Crypto News Center

BitGo’s New WBTC Custody Plan Draws Scrutiny Over Justin Sun’s Role

BitGo, a leading crypto custodial platform, will shift its Wrapped Bitcoin (WBTC) to a new multi-jurisdictional and multi-institutional custody model. This decision has raised concerns in the crypto community, particularly because of the involvement of Justin Sun, founder of the TRON blockchain. On August 9, BitGo revealed a 60-day transition period. The company plans to expand its custodial locations to include Hong Kong and Singapore. Sun’s Role in WBTC Custody...

Top 5 Liquid Staking Platforms With the Highest APY in 2025

You are here: Home / News / Top 5 Liquid Staking Platforms With the Highest APY in 2025 The blockchain era has brought new ways to earn passive income and liquid staking is one of the coolest. With liquid staking you can earn rewards on staked crypto without sacrificing liquidity, making it a preferred choice for crypto fans. Among the many crypto staking platforms making this happen is STAKING AI,...

Hong Kong’s Bitcoin and Ethereum Spot ETFs Suffer Disappointing Debut, Yet Hope for Future Growth Persists

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Top Crypto Tokens Stumble As Cryptocurrency Market Hints A Bearish Price Action This Week!

Home / Crypto Live News / Top Crypto Tokens Stumble As Cryptocurrency Market Hints A Bearish Price Action This Week! The crypto market has lost 2.47% in valuation from $2.39 Trillion to $2.33 Trillion within 24 hours and has erased $100 Billion from its portfolio this week. Furthermore, Bitcoin has displayed a similar trend by losing 0.98% with a 24-hour low of $64,597.25. On the other hand, Ethereum has plunged...

Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum

Franklin Templeton has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in using public blockchains for transactions and fractional ownership, contributing nearly US$2 billion in traded value. Franklin Templeton ranks third in the tokenised government securities market, with over US$400 million in assets under management (AUM). One of the largest asset managers...

Whistleblower Lawsuit Accuses Binance of Bribery and Retaliation

A former senior employee at Binance has filed a whistleblower lawsuit in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, who worked remotely for Binance’s Link platform, claims she was wrongfully terminated after reporting the alleged misconduct.  Legal Troubles Continue for Binance According to Bloomberg reports, these allegations came forward during an employment tribunal earlier this week. Srivastava said...

Cardano Transactions Rise To Multi-Year Highs – Metrics Support Bullish Outlook

Cardano (ADA) is trading above the critical $1 level, fueling optimism among investors anticipating further upside in the coming weeks. After a strong bullish run in recent weeks, the recent pullback appears to be a temporary pause in an upward trend. Crucial on-chain data supports this outlook, indicating robust network activity that reinforces the bullish sentiment for ADA. Key metrics shared by IntoTheBlock reveal over 840,000 transactions recorded on the...

Base Network Reaches 1 billion Transactions But Faces NFT Copying Accusations

Coinbase’s Ethereum Layer-2 network, Base, found itself at the center of controversy during the celebration of its 1 billionth transaction. The celebration included the release of an NFT, which inadvertently copied the work of digital artist Chris Biron. Base Hits 1 Billion Transaction On November 15, Coinbase-backed Base proudly announced that it had completed 1 billion transactions since its launch in August 2023. This milestone was achieved in just over...

Iran Signals Shift in Crypto Regulation Narrative

By Mark Hunter 17 hours agoMon Dec 09 2024 10:33:46 Reading Time: 2 minutes The Iranian government has shifted its stance toward embracing cryptocurrency by introducing more regulations rather than imposing outright bans The Minister of Economic Affairs and Finance, Abdolnaser Hemmati, has highlighted plans to mitigate the negative impacts of cryptocurrency while leveraging its benefits Iran has aimed to use crypto to combat economic challenges by integrating digital assets...

Is Bitcoin dominance waning? Why altcoins like XRP might take over

Bitcoin dominance is a key indicator for determining the future trajectory of altcoins. Currently, Bitcoin and altcoins are emerging as two distinct asset classes. Many prominent analysts have noted that this market cycle is different from previous ones, with a shift from speculative trading to a more sustained, fundamental-driven rally. This optimism is fueled by the belief that Bitcoin’s next phase could lead to a bull run reaching $100K. As...