News from Web3, Bitcoin and crypto crurrency launches and market updates

Victim Loses $91M in Bitcoin in Social Engineering Scam: ZachXBT

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Blockchain sleuth ZachXBT uncovered a high-profile social engineering attack on Thursday, with the victim losing 783 BTC worth around $91.4 million. The scam occurred on Aug. 19 and involved the attacker posing as a support agent for a hardware wallet before duping the victim into handing over wallet credentials. The attack mirrors a string of […]

Crypto Exchange Gemini Secures MiCA License in Malta, Expands European Footprint

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Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has secured a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority (MFSA), strengthening its bid to expand across the European Union under the bloc’s new regulatory framework, the company said in a blog post Thursday. The approval marks a significant step […]

HBAR Rebounds as SWIFT Blockchain Trials Boost Bullish Outlook

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HBAR traded in a narrow but active 4% range from Aug. 20–21, climbing to $0.24 in the evening before correcting to $0.23 early the next day. By session’s end, the token had regained $0.24, reinforcing the $0.23–$0.24 band as a zone of support and accumulation. The rebound comes as broader macro conditions favor digital assets. […]

There’s ‘No Question In The World’ Bitcoin Will Be Worth $1M: Eric Trump

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JACKSON HOLE, Wyo. — U.S. President Donald Trump’s son, Eric Trump, is convinced bitcoin (BTC) will eventually be worth over $1 million. Trump, who co-founded bitcoin mining company American Bitcoin earlier this year, reiterated his excitement for bitcoin during an appearance at the SALT conference in Jackson Hole on Wednesday. He even called himself a […]

Trump’s Crypto ‘Conflicts of Interest’ Are ‘Blocking’ Dem Legislation Support, Top Lawmaker Says

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JACKSON HOLE, Wyo. — Despite growing bipartisan efforts to bring clear regulation to the digital asset industry, one main issue that stands in the way of passing legislation in the U.S. is President Donald Trump and his family’s actions in the sector, according to Rep. Angie Craig (D-Minn.) “It’s no secret that my side of […]

Ether, Solana, BNB Outshine Bitcoin as Cryptos Rebound

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A group of major altcoins have bounced stronger than bitcoin (BTC) on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets. BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875. Ethereum’s ether (ETH) rebounded […]

Coinbase CEO Brian Armstrong Says Bitcoin Could Reach $1M by 2030

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Coinbase CEO Brian Armstrong said that bitcoin (BTC) could hit $1 million per token by the end of the decade, adding his voice to a growing chorus of high-profile crypto advocates calling for explosive growth. “I think we’ll see $1 million per bitcoin by 2030,” Armstrong said in a post on X this week while […]

Winklevoss Twins Heave $21M Toward Republicans in Next Year’s Congressional Battles

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Tyler and Cameron Winklevoss said they’re spending $21 million to continue the crypto policy momentum led by Republican lawmakers, countering a wider industry effort that’s carefully supporting politicians from both major parties. The U.S. congressional midterm elections are approaching next year, and they promise an intense political clash that could leave President Donald Trump without […]

Crypto Bleeds Ahead of Powell’s Jackson Hole Speech — Eight Reasons Why Traders Are Nervous

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Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday. Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano’s ADA slid […]

Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink

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Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin (BTC) down to $113,000. Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22. Ethereum (ETH) treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi […]

U.S. Federal Reserve’s New Supervision Chief Sold on Bringing Crypto to Finance

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The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been uttered by one of the industry’s own policy wonks, advocating that banks get behind the digital assets surge and that the Fed give the sector rules that won’t get in crypto’s […]

Best Crypto Investment Ideas According to CEO of $1.6T Asset Manager Franklin Templeton

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Bitcoin (BTC) aside, the best investment in crypto is its “picks and shovels,” according to the CEO of $1.6 trillion asset manager Franklin Templeton. Jenny Johnson, the third-generation leader of the manager, spoke at the SALT conference in Jackson Hole, Wyoming on Tuesday, doubling down on what in her opinion will be the biggest use […]