Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle. Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according…
Key takeaways Stablecoins are nearing a $300-billion market cap, but adoption remains limited due to risks around depegging, collateral and trust. The depegging of stablecoins such as NuBits (2018), TerraUSD (2022) and USDC (2023) has revealed vulnerabilities across both algorithmic and fiat-backed models. The collapse of TerraUSD wiped out roughly $50 billion in value and…
Publicly traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem. The company announced the launch on Tuesday, saying that the validator runs on DoubleZero’s fiber network, which powers the validator and uses Jump Crypto’s…
Ethereum recorded its largest validator exit on record this week, with more than 2.4 million Ether worth over $10 billion awaiting withdrawal from its proof-of-stake network, but institutional participants are stepping in with billions in the validator entry queue. Ethereum’s exit queue surpassed 2.4 million Ether (ETH) worth over $10 billion on Wednesday. The spike…
Shares in Bitcoin miner IREN and treasury company Kindly MD have closed with losses on Tuesday after each announced multimillion-dollar convertible note deals amid a slowdown in venture capital activity in the crypto sector. Shares in IREN (IREN) finished Tuesday’s trading session with a gain of 6.81% but dropped 4.9% after the bell to trade…
Asset manager Canary Capital appears to be on the cusp of having its Litecoin and HBAR exchange-traded funds (ETF) approved after filing key final details, but they’re unlikely to launch while the US government is shut down. Canary filed amendments to its Litecoin (LTC) and Hedera (HBAR) spot ETFs on Tuesday, which each added a…
Today in crypto, BitGo secures a VARA license as Dubai’s regulator announces a wave of enforcement actions. NYSE parent Intercontinental Exchange backs crypto prediction market Polymarket with a $2 billion investment at a $9 billion valuation, while the European Union reportedly weighs sanctions against A7A5, a stablecoin pegged to the Russian ruble. BitGo secures VARA…
Solana generated $2.85 billion in revenue over the past year, according to a new report from 21Shares, driven by trading platform activity. Between October 2024 and September 2025, Solana averaged about $240 million in monthly revenue, peaking at $616 million in January during the memecoin boom led by tokens like Official Trump (TRUMP). But even…
Scam 1: Advanced phishing attacks Advanced phishing attacks now target crypto wallets and exchange accounts using sophisticated tactics that exploit user trust to steal private keys or login credentials. To carry out advanced phishing attacks, criminals create fake websites that mimic legitimate platforms. They send deceptive emails posing as trusted organizations or use social engineering…
How regulatory clarity propelled XRP past ETH XRP (XRP), introduced by Ripple Labs in 2012, was designed as a fast and cost-effective digital asset for cross-border transactions. However, its growth was hindered by a 2020 lawsuit from the US Securities and Exchange Commission, which alleged that Ripple had conducted unregistered securities offerings. The multi-year case…