Fri, May 16

Eric Trump Bets on Low-Cost Mining Over Market Buys in BTC Strategy

Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price. During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the

5 minutes ago 2 mins read

XRP Dips 3.54% as Bulls Target $3.00: Can Momentum Hold?

XRP, a cryptocurrency that is native to the XRP Ledger and designed to facilitate payments and transfers of value across the XRPL, has reported a continuous uptick. However, in recent days, the asset has recorded a slight dip, triggering a concern on whether the dip will extend or if it

25 minutes ago 3 mins read

Cointree Fined $75K for Reporting Lapses Late by AUSTRAC

Melbourne-based cryptocurrency exchange Cointree has been fined $75,120 by Australia’s financial intelligence agency, AUSTRAC, for failing to submit suspicious matter reports (SMRs) on time. This fine comes amid a broader crackdown by regulators aiming to reinforce anti-money laundering compliance within the growing digital asset sector. According to AUSTRAC, the fine

43 minutes ago 2 mins read

Story’s $IP Token Surges 22% Monthly Amid Crypto Market Rally

A gradual uptrend in the crypto market can be witnessed after the overall market capitalization reaches $3.33 trillion, showing a 1.80% rise in the past day. The crypto fear and greed index is also at 69, indicating greed in the market.  During the fluctuation, smaller tokens are mostly impacted, however,

2 hours ago 2 mins read

US DOJ Charges 12 More in $263M Bitcoin Theft and Laundering Case

DOJ has filed additional charges against 12 individuals involved in a wide-ranging crypto crime operation. The group is accused of stealing $263 million, including 4,100 Bitcoin, from a Genesis creditor in August 2024. These charges, announced on May 15, extend the original indictment filed against Malone Lam in September 2024.

2 hours ago 2 mins read

Abu Dhabi’s Mubadala Increases BlackRock Bitcoin ETF Holdings to Over $408M

Abu Dhabi’s sovereign wealth fund Mubadala has reported a substantial increase in its stake in BlackRock’s iShares Bitcoin Trust (IBIT). According to a U.S. SEC 13F filing dated March 31, 2025, the fund now holds 8,726,972 IBIT shares, up from 8,235,533 shares reported at the end of 2024. The latest

2 hours ago 2 mins read

Coinbase Cyber Attack Could Cost $400M: What You Need to Know

One of the world’s top cryptocurrency exchanges, Coinbase, is reeling from a major cyberattack that could cost the company as much as $400 million. The breach, which compromised less than 1% of its user data, involved a scheme where hackers bribed Coinbase contractors and employees to gain unauthorized access to

3 hours ago 2 mins read

JP Morgan Sees Bitcoin Outpacing Gold in 2025

JP Morgan analysts say Bitcoin has stronger upside potential than gold heading into the second half of 2025. In a recent note, they cited fresh corporate interest and growing state-level support as key drivers of the asset’s sustained rally. The analysts believe crypto-related catalysts may fuel further gains and extend

3 hours ago 2 mins read

Deepfake scammers Targeted Government Officials and Crypto Leaders 

Federal authorities have issued an urgent warning about sophisticated deepfake scams targeting high-profile individuals across the government and cryptocurrency sectors. The FBI reported yesterday that hackers are employing artificial intelligence to impersonate senior U.S. officials in an elaborate phishing campaign that began in April. Government Officials and Crypto Founders Under

4 hours ago 2 mins read

Meliuz Becomes Brazil’s First Public Bitcoin Treasury Company

The executive chairman of Meliuz has announced that his fintech company has become the first publicly-traded Bitcoin Treasury company of Brazil. The company got shareholder approval, and it also purchased $28.4 million worth of Bitcoin.  The chief executive officer of Meliuz, Israel Salemen, announced through X on May 15 that

5 hours ago 2 mins read