Mon, February 2

Ethereum Treasury Firm BitMine Faces $7B Unrealized Loss Amid Crypto Downturn

BitMine Immersion Technologies, one of the largest publicly recognized holders of Ethereum (ETH), is currently struggling with unrealized losses of almost $7 billion due to the recent crypto market downturn, which has pushed its Ethereum treasury significantly into the red. The company’s Ether position, acquired at an average price of

8 hours ago 2 mins read

BitRiver’s Parent Firm Enters Bankruptcy Monitoring as CEO Faces House Arrest

Russia’s largest bitcoin mining company, Bitriver’s parent company, named Fox Group of companies LLC, which owns 89% of the BitRiver management company, is in serious trouble. On January 27, 2026, the Sverdlovsk Regional Arbitration Court ordered formal bankruptcy monitoring for the Fox group.  What was the bankruptcy case all about

9 hours ago 2 mins read

Vitalik Buterin Proposes Two-Layer Blockchain Model to Strengthen Decentralized Governance

Ethereum co-founder Vitalik Buterin has proposed a paradigm shift in how blockchain governance and mechanism design could be approached in the future. He introduced a two-layer system that separates execution from preference formation. Shared on X, the proposal has sparked significant interest across the broader blockchain community. Buterin’s two-layer system

10 hours ago 2 mins read

Raoul Pal Says Crypto Sell-Off Driven by U.S. Liquidity Drain, Not a Failed Cycle

The crypto market has already lost about $400 billion in value over the last ten days, with roughly $800 million being liquidated in the last 24 hours, as the major cryptos, such as Bitcoin, Ethereum, and leading altcoins, have continued to suffer severe losses.  In this market situation, Raoul Pal,

10 hours ago 2 mins read

Crypto ETPs See $1.7B Weekly Outflows as Investor Sentiment Weakens

Crypto investment products witnessed a continued sell-off in the last week, followed by the weakening of investor sentiment. Due to this, the investors witnessed two consecutive weeks of outflows.  Crypto exchange-traded products (ETPs) noted around $1.7 billion in outflows in the same week, as reported by CoinShares on February 2.

11 hours ago 2 mins read

KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder

KuCoin, an exchange platform, has announced its support for USD1. The WLFI stablecoin will be available on a network with deposits expected to commence soon. The move comes at a time when USD1 is moving upward on the list of global stablecoins in terms of market cap. KuCoin Now Supports

12 hours ago 2 mins read

Singapore Gulf Bank Rolls Out Fiat Stablecoin Bridge

Singapore Gulf Bank has launched a managed fiat-to-stablecoin interoperability solution, which improves connectivity between the traditional banking infrastructure and blockchain technology. The bank wants to facilitate the transfer of value between the regulated fiat system and digital assets. Analysts associated the news with the regulation of stablecoins and the adoption

12 hours ago 2 mins read

Senator Warren Presses for Probe Into Trump-Linked UAE Crypto Deal

U.S. Senator Elizabeth Warren has intensified their efforts to investigate a foreign investment in World Liberty Financial (WLFI), a cryptocurrency company associated with the Trump family, by initiating congressional oversight. This comes after it was revealed that a UAE-funded firm had invested $500 million in WLFI in January 2025, just

12 hours ago 2 mins read

Justin Sun Accused of TRX Price Manipulation by Alleged Ex-Girlfriend

The founder of Tron, Justin Sun, has been alleged by a woman, Ten Ten, who claims to be his ex-girlfriend. Ten has shared a number of posts on X claiming to manipulate the TRX price.   After the post, attention has been directed towards the claims, and the demand for stricter

13 hours ago 2 mins read
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