Category: Crypto

Blockchain analytics firm Chainalysis revealed that Mexican drug cartels have been using cryptocurrency payments to purchase fentanyl precursors from Chinese suppliers, uncovering a direct financial connection between the two groups. This discovery builds upon earlier findings, which identified over $37.8 million in suspicious cryptocurrency transactions linked to China-based chemical traders from 2018 to 2023.
The post Chainalysis Uncovers Crypto Transactions Linked to Mexican Drug Cartels and Chinese Labs appeared first on Cryptonews. …

Bybit CEO Ben Zhou reports that 88% of the $1.4 billion in stolen crypto assets remain traceable nearly a month after the breach. Security firms and blockchain experts collaborate to recover funds linked to North Korea’s Lazarus Group.
The post Bybit CEO Ben Zhou: 88% of Stolen $1.4 Billion Remains Traceable appeared first on Cryptonews. …

Experts highlight the EU’s long-standing regulatory framework, including MiCA, PSD2, and IPR, which have created a favorable environment for crypto adoption.
The post Europe Leads in Crypto-Friendly Banking With Over 60 Banks Offering Crypto Services appeared first on Cryptonews. …

President Donald Trump emphasizes stablecoin regulation and crypto oversight during his Digital Assets Summit speech, advocating clear frameworks to support U.S. leadership in digital assets and end prior regulatory crackdowns.
The post Trump Calls for Landmark Stablecoin Regulation and “Simple, Common-Sense Rules” appeared first on Cryptonews. …

Story Coin (IP) has risen by 2.5% in the past 24 hours, with its move to $5.47 confirming its status as the best-performing top-100 coin of the past month.
The post Story Coin Posts 2.5% Gain, Leads Top 100 with 178% Return in 30 Days appeared first on Cryptonews. …

The regulatory cloud that has loomed over XRP since 2020 has lifted, solidifying its claim to the altcoin throne.
The post Can XRP Overtake Ethereum? XRP Price Surges 13% After SEC Case Win  appeared first on Cryptonews. …

Bakkt, the struggling U.S.-based crypto trading and custody platform, has appointed Akshay Naheta as its new co-CEO, a move aimed at revitalizing its business.
The post Ex-SoftBank Exec Akshay Naheta Joins Bakkt as Co-CEO to Revive Crypto Platform appeared first on Cryptonews. …

Ripple’s SEC victory sets a new precedent as Trump backs Bitcoin’s national strategy. Will Bitcoin break $90K amid regulatory clarity? Read the full analysis.
The post Ripple’s $125M Appeal & Trump’s Bitcoin Move: Will BTC Hit $90K Next? appeared first on Cryptonews. …

Coinbase has emerged as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether (ETH).
The post Coinbase Becomes Largest Ethereum Node Operator, Controlling 11.42% of Staked ETH appeared first on Cryptonews. …

RedStone denies partnership rumors with Web3Port and Whisper, citing market integrity concerns amid controversies over trading manipulation, while its token RED surges 74% monthly despite false claims.
The post DeFi Platform RedStone Denies Partnership Rumors with Web3Port and Whisper appeared first on Cryptonews. …