Category: Crypto

Bitcoin’s first meme-driven layer 2, Bitcoin Hyper, could soon prove to be one of the most explosive propositions from 2025’s burgeoning presale market. Bitcoin (BTC) climbed past $117,000 on Wednesday after the U.S. Federal Reserve lowered interest rates by 0.25 points. For weeks, BTC had struggled to stay above $115,000 as traders waited for clarity […]
The post Bitcoin Back at $117K After Rate Cut – Are the Buying Floodgates Opening as Bitcoin Hyper ICO Tops $16.5M? appeared first on Cryptonews. …

Australia’s ASIC granted class relief for intermediaries distributing stablecoins issued by licensed AFS providers, exempting them from separate licensing requirements until June 2028 while naming Catena Digital as the first qualified issuer.
The post Australia’s ASIC Grants Relief for Stablecoin Intermediaries, Eases AFS License Requirements appeared first on Cryptonews. …

CEO of Praetorian Group International Ramil Ventura Palafox pled guilty to wire fraud and money laundering in a $200 million bitcoin Ponzi scheme that defrauded more than 90,000 investors worldwide.
The post CEO Pleads Guilty in ‘$200M Bitcoin Fraud’ That Duped 90,000 Investors With Fake 3% Daily Returns appeared first on Cryptonews. …

Nearly half of global crypto users now view digital assets as an inflation hedge, up to 46% from 29% last quarter, a survey found.
The post Almost Half of Global Investors Turn to Crypto as Hedge Against Inflation, Survey Shows appeared first on Cryptonews. …

Coinbase Payments joined the Open Intents Framework as a core contributor to standardize cross-chain asset movement within Ethereum’s ecosystem, collaborating with Ethereum Foundation, Hyperlane, and OpenZeppelin to address growing fragmentation and $21 billion in cross-chain crime.
The post Coinbase Payments Joins Open Intents Framework as Core Contributor for Ethereum Cross-Chain Standards appeared first on Cryptonews. …

The global crypto market cap rose 2% to $4.2 trillion as Bitcoin neared $118K after the Fed’s rate cut, though Powell’s cautious tone kept gains muted.
The post Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim appeared first on Cryptonews. …

South Korean crypto custodian BDACS launches first Korean won–backed stablecoin dubbed KRW1, on the Avalanche blockchain.
The post South Korean Custodian BDACS Launches First Fiat-Backed Won Stablecoin on AVAX appeared first on Cryptonews. …

Bullish has reported a net profit of $108.3 million for Q2 2025, marking a major turnaround from a $116.4 million loss in the same quarter last year.
The post Thiel-Backed Bullish Exchange Posts $108M Q2 Profit, Reversing Last Year’s Loss appeared first on Cryptonews. …

Binance founder CZ Zhao warned about North Korean hackers infiltrating crypto companies through fake job applications and fraudulent interviews, following $1.3 billion stolen in 2024 and $2.2 billion in first half of 2025.
The post CZ Warns of Advanced North Korean Hackers Posing as Job Candidates to Infiltrate Crypto Companies appeared first on Cryptonews. …

Crypto exchange Bullish secured a BitLicense from New York’s financial regulator to unlock institutional trading in America’s financial capital, building on its recent $1.15 billion record IPO entirely through blockchain-based stablecoins and MiCAR license uplift with Germany’s BaFin for European Union operations.
The post Crypto Exchange Bullish Secures New York BitLicense, Can Now Serve US Institutions appeared first on Cryptonews. …