Crypto
AI Summary
- The crypto market experienced significant volatility due to geopolitical tensions and ceasefire announcements involving Iran, with Bitcoin's price fluctuating around $72K amidst substantial short liquidations.
- Yuga Labs has successfully settled a lawsuit against artists accused of copying its NFTs, marking a win for intellectual property rights in the digital art space.
- Canary Capital has submitted an application for a US-based spot PEPE ETF, signaling continued institutional interest in meme coins and novel investment products.
- Chainalysis projects that stablecoin trading volumes could reach an astonishing $1.5 quadrillion by 2035, highlighting the growing importance of stablecoins in the global financial ecosystem.
- Concerns regarding quantum computing's potential threat to Bitcoin are persistent, with industry experts like Bernstein and Adam Back suggesting the risk is real but manageable, and development of quantum-resistant solutions is underway.
Sources
Cointelegraph
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Bithumb launches legal action to recover 7 Bitcoin from payout error
an hour ago
by Cointelegraph by Amin Haqshanas
Latest NewsSouth Korean crypto exchange Bithumb files for a court-approved asset freeze to reclaim 7 BTC remaining from a February payout error.
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Yuga Labs settles lawsuit against artists accused of copying its NFTs
3 hours ago
by Cointelegraph by Stephen Katte
Latest NewsYuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
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Canary Capital submits application for US-based spot PEPE ETF
3 hours ago
by Cointelegraph by Ciaran Lyons
Latest NewsCanary Capital is preparing to launch an ETF tracking Pepe’s price, despite the token trading 85% below its December 2024 all-time high.
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Anthropic loses early appeal over Pentagon ‘supply chain risk’ label
3 hours ago
by Cointelegraph by Martin Young
Latest News“In our view, the equitable balance here cuts in favor of the government,” said a panel of judges from the District of Columbia Court of Appeals.
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99.99% of Polymarket traders shouldn't quit their day jobs, data suggests
3 hours ago
by Cointelegraph by Brayden Lindrea
Latest NewsWhile nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job.
CoinDesk
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CFTC presses case that sports betting is finance, seeks to block Arizona enforcement
3 hours ago
by Sam Reynolds
Policy, NewsFederal lawsuit argues event contracts are swaps under U.S. law, not state-level gaming law, deepening a split with states that view the products as illegal gambling
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XRP slips 4% as selling pressure builds despite ETF inflows
4 hours ago
by Shaurya Malwa
Markets, NewsElevated volume and modest institutional buying fail to support price, with sellers continuing to dominate near resistance.
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Bitcoin's next big move hinges on oil, and right now it's a total coin flip
4 hours ago
by Omkar Godbole
Markets, Bitcoin News, NewsAnalysts say a sustained 15%–16% decline in crude could revive Fed rate cut bets, sending BTC higher.
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Bitcoin under $71,000, ETH, SOL, XRP drop as Iran ceasefire frays within 48 hours of being signed
5 hours ago
by Shaurya Malwa
Markets, NewsTehran says three clauses of the ceasefire have been breached, oil is rebounding toward $97, and the Strait of Hormuz remains effectively closed despite the deal.
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Bitcoin gets its first working prototype of quantum-resistant wallet rescue tool
5 hours ago
by Sam Reynolds
Tech, NewsLightning Labs CTO Olaoluwa Osuntokun demos a prototype that could prevent millions of wallets from being frozen under a future quantum-defense upgrade
Decrypt
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Bitcoin Depot ATM Operator Says $3.6 Million in BTC Stolen in Corporate Hack
12 hours ago
by Decrypt Agent
Law and OrderThe Bitcoin ATM operator disclosed a hack two weeks after attackers gained control of settlement account credentials and stole BTC.
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Researchers Propose New Way to Manage Financial Risk When AI Agents Fumble Trades
12 hours ago
by Jason Nelson
Artificial IntelligenceA newly proposed agentic settlement standard would hold fees in escrow and bring underwriters into AI agent transactions.
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Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs
12 hours ago
by Decrypt Agent
BusinessNYSE-listed miner Cango reduced costs by 19% by shutting down inefficient equipment, and sold Bitcoin to pay down debt.
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Meta Launches Muse Spark, Its Most Capable AI Yet—But Gemini 3.1 Pro Still Leads the Pack
13 hours ago
by Jose Antonio Lanz
Artificial IntelligenceMeta's first model from its Superintelligence team is natively multimodal, built for health reasoning, and genuinely competitive—but it doesn't top every leaderboard.
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Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Act
13 hours ago
by André Beganski
Law and OrderThe proposed rule prohibits people with criminal backgrounds from serving as the head of stablecoin issuers’ compliance programs.
AMBCrypto
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Iran’s $1 toll could cost ships 281 Bitcoin each through Strait of Hormuz
40 minutes ago
by Benjamin Njiri
Bitcoin, BTC Trading View, Global News, News, News 1, Social, Trading View, ambcryptoMarket watchers speculated that crypto tolls would undercut the U.S Dollar and fast-track the BTC to become world reserve currency.
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Avalanche – How tired buyers, active sellers are affecting AVAX’s weak rally
2 hours ago
by Akashnath S
Altcoin, Analysis, HideCryptopanic, News, No Homepage, Social, Trading ViewSecond rejection from the $9.6 supply zone cemented the short-term range formation in place.
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RAIN faces critical test as $294 mln unlock looms – Can $0.0075 hold?
2 hours ago
by Muriuki Lazaro
Altcoin, News, News 1, Social, Trading ViewRAIN’s bounce follows a sharp decline, yet rising supply and fading volume keep the outlook uncertain.
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Is TAO’s social spike of 141% simply part of a larger AI rotation?
3 hours ago
by Samyukhtha L KM
Altcoin, News, Social, Trading ViewSector has outperformed every other bracket in crypto this month.
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What makes XRP different from other payment-focused cryptos?
3 hours ago
by AMBCrypto Team
Google News, HideCryptopanic, Press ReleaseXRP is the native cryptocurrency for the Ripple network, and it was designed with a purpose in mind: to provide financial institutions with a way to make fast, cross-border transactions at a lower cost. Given its purpose, XRP has come under some scrutiny from crypto purists who believe in complete decentralization and cutting out theContinue reading "What makes XRP different from other payment-focused cryptos?"