Category Archives: Crypto

China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins

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Despite facing criticism for lagging behind the United States in creating a more accommodating environment for cryptocurrency growth and adoption, China reaffirmed its stringent stance on crypto once again this week.  Authorities issued warnings about the alleged risks posed by stablecoins, particularly amid concerns that the US may have solidified its dollar dominance through these… Continue reading China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins→

Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened

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In an unexpected and almost surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, mistakenly minted 300 trillion PYUSD — yes, with a “T” — earlier today after adding six extra zeros to the intended transaction. The blunder was swiftly corrected as Paxos burned the excess tokens and reissued the correct amount of 300 million… Continue reading Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened→

Hyperliquid Vs Binance: Founders Clash Over Liquidation Transparency

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During last week’s market downturn that saw HYPE prices plummet towards $20, Hyperliquid reportedly maintained 100% uptime with zero bad debt, as stated by the platform’s founder, Jeff Yan.  However, in a post shared on social media site X (formerly Twitter), Yan also raised concerns about certain centralized exchanges (CEXs), suggesting they may have underreported… Continue reading Hyperliquid Vs Binance: Founders Clash Over Liquidation Transparency→

Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies

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A consortium of major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS, announced on Friday that they will collaborate to explore the development of stablecoins pegged to G7 currencies.  A New Era For Crypto In Mainstream Finance The renewed interest in stablecoins comes in the wake of US President Donald Trump’s… Continue reading Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies→

2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now

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According to Morgan Stanley’s wealth unit, some clients should hold only a small slice of cryptocurrencies in their portfolios. The firm’s guidance suggests a cautious approach: up to 2% for more measured portfolios and up to 4% for those seeking higher growth. For accounts built around income or capital preservation, the guidance points to 0% crypto… Continue reading 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now→

Crypto Leverage Whipeout: $600M+ In BTC & ETH Longs Liquidated

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The cryptocurrency market faced a brutal shake-up as Bitcoin slipped below the $115,000 mark and Ethereum dropped under $4,500, erasing weeks of bullish momentum. What started as a period of cautious optimism quickly turned into a wave of panic selling, leaving bulls struggling to regain control. The sharp correction has pushed the market into a… Continue reading Crypto Leverage Whipeout: $600M+ In BTC & ETH Longs Liquidated→

X Blows The Lid Off Bribe Scandal In Crypto Account Restorations

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The Elon Musk-owned X social media platform has gone public with claims that a bribery network tried to pay its staff to bring back suspended crypto accounts. According to the company, middlemen acted on behalf of banned users, offering money to insiders in hopes of overturning account suspensions tied to scams and market abuse. Bribery… Continue reading X Blows The Lid Off Bribe Scandal In Crypto Account Restorations→

‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment

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Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year.  Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine… Continue reading ‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment→

Crypto Bull Run: Probability Of Fed Rate Cuts In September Almost At 100%

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Expectations surrounding possible rate cuts by the Federal Reserve in September are nearing peak levels, especially among crypto investors. Historically, Fed rate cuts have often meant the start of a bull run since it signals to investors to take more positions in risk assets such as Bitcoin and crypto. Thus, with only two weeks left… Continue reading Crypto Bull Run: Probability Of Fed Rate Cuts In September Almost At 100%→

WLFI Slides 15% After Launch As Trump Token Team Eyes Burn Strategy

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World Liberty Financial’s Trump-linked WLFI token plunged in price after a high-profile debut, prompting its backers to propose an aggressive buyback-and-burn plan to steady the market. According to trading data and market reports, the token briefly traded above $0.30 at launch before falling as much as 15%–30% and settling around $0.21–$0.24 in the hours that… Continue reading WLFI Slides 15% After Launch As Trump Token Team Eyes Burn Strategy→