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Coinbase has launched ETH-backed loans, allowing U.S. users (excluding New York) to borrow up to $1 million in USDC against their Ethereum without selling it. Powered by Morpho’s on-chain protocol, these loans offer flexible repayment and quick disbursement, expanding access to liquidity in volatile markets. Coinbase’s ETH-backed loans enable borrowing USDC without selling Ethereum, preserving […]
India’s Enforcement Directorate has attached ₹8.46 crore in bank accounts and cryptocurrency wallets linked to a massive cyber-fraud scheme involving fake apps and investment scams. The operation laundered ₹285 crore through banking channels and platforms like CoinDCX, targeting victims nationwide. ED’s Hyderabad office identifies fraud network using fake job and investment apps like NBC App […]
Aave Labs has donated €25,000 in stablecoins to Trinity College Dublin, marking the university’s first cryptocurrency contribution. This funding supports the Pathways to Business program, aiding underrepresented students in pursuing business careers through enhanced access to education and opportunities. Aave Labs’ €25,000 stablecoin donation pioneers crypto philanthropy at Irish universities. The funds target underrepresented students […]
Michael Selig’s nomination to become CFTC Chair has advanced through the Senate Agriculture Committee, positioning him to replace acting Chair Caroline Pham. This move signals potential shifts in U.S. crypto regulation oversight as the committee vote passed along party lines, highlighting bipartisan divides. Senate Agriculture Committee advances Selig’s nomination: The Republican-led panel moved forward with […]
China’s shipments to the United States are declining sharply due to escalating tariffs imposed by the Trump administration, impacting the entire supply chain from ports to trucking. This has led to reduced imports across electronics, furniture, and toys, with truckload rates dropping up to 11% year-over-year as demand weakens. Ports like Long Beach report a […]
Owen Gunden, an early Bitcoin whale, has sold his entire 11,000 BTC portfolio worth $1.3 billion after holding since 2011, marking the end of a 14-year investment through multiple market cycles. Owen Gunden’s wallet, dormant for years, initiated sales in late October 2025 with gradual transfers to Kraken. The process involved multiple tranches to minimize […]
A Bitcoin whale, identified as early trader Owen Gunden, has sold his entire 11,000 BTC stash accumulated since 2011, cashing out $1.3 billion amid recent market volatility. On-chain data from Arkham Intelligence shows transfers to Kraken, marking the end of a 14-year hold. Early Acquisition: Owen Gunden first purchased Bitcoin in 2011 through arbitrage trading, […]
Solana ETF inflows have reached $476 million cumulatively as of November 20, 2025, driven by strong institutional demand following the launch of 21Shares’ TSOL. This surge reflects growing confidence in Solana’s ecosystem, with daily inflows hitting a record $55 million and open interest climbing to $3.2 billion. Solana spot ETFs in the U.S. have seen […]
MicroStrategy faces potential ejection from major equity indices following an MSCI ruling on January 15, potentially triggering $2.8 billion in passive outflows and risking another $8.8 billion if other providers follow. This stems from its heavy Bitcoin treasury holdings, raising concerns over its classification as a traditional company. JPMorgan analysts predict significant capital flight from […]