Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K What to know: The leader of a fraudulent bitcoin operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam. […]
The funding round sets the stage for a long-awaited IPO, expected to take place next year. What to know: Popular cryptocurrency exchange Kraken closed a $500 million funding round, setting the stage for a long-awaited IPO now expected in 2026, Fortune reported. The round did not feature a lead investor and […]
The cloud company said the token, dubbed NET Dollar, will enable instant, global transactions for autonomous agents online. What to know: U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights […]
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows. What to know: The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners. The surge coincides […]
The USDT stablecoin issuer is reportedly looking to raise up to $20 billion at a valuation of $500 billion, which would make it one of the most valuable private companies in the world. What to know: Tech-focused investment companies SoftBank and Ark Invest are among the firms in early stage […]
The episode comes amid growing frustration among Coinbase users, many of whom alleged they’ve faced similar issues retrieving account access. What to know: NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price […]
Saylor says bitcoin’s volatility is easing as early holders cash out, clearing the way for institutions to step in and build a stronger market base. What to know: Bitcoin’s recent stretch of muted price action is a sign of strength, not weakness, according to Strategy (MSTR) Executive Chairman Michael Saylor. Speaking on […]
The tech giant expands its open-source AI protocol into financial transactions, partnering with Coinbase, the Ethereum Foundation to integrate stablecoin rails. What to know: Google is taking a step toward merging artificial intelligence (AI) and digital money, rolling out a new open-source protocol that lets AI applications send and receive payments, which […]
The firm said users in the U.S. will soon be able to send bitcoin, ether and its own PYUSD stablecoin directly across accounts as part of the company’s crypto payment push. What to know: Payments firm PayPal (PYPL) said it is expanding its peer-to-peer service by adding cryptocurrency transfers to its payment […]
The reorganization was pinned on Qubic, which has acquired over half of Monero’s mining power last month and uses XMR rewards to buy and burn its own token. What to know: Monero’s blockchain experienced an 18-block reorganization on Sunday, its deepest to date, that effectively invalidated 118 confirmed transactions by rolling back […]