Category: Cryptocurrencies

Bitmine has disclosed plans to dedicate $250M from its latest private placement to Ethereum accumulation, replacing Bitcoin as its treasury focus. The strategy, backed by investors such as Pantera Capital and Kraken, has propelled the stock 511% and brought Thomas Lee to the board’s chair.
The post BitMine Stock Skyrockets 500% as $250M Funding Shift to Ether Targets 16X ETH Holdings appeared first on Cryptonews. …

Crypto Legislation has progressed toward passage. The House plans a combined procedural vote on the GENIUS and CLARITY Acts during the week of July 7, followed by separate floor votes that could set a broad U.S. digital-asset framework under a blockchain-friendly White House.
The post Crypto Legislation Hits House Floor: High-Stakes Vote on GENIUS, CLARITY Acts Nears appeared first on Cryptonews. …

CertiK has reported crypto investors have lost an estimated $2.29 billion to hacks, scams and wallet breaches in the first half of 2025. Two outsized incidents at Bybit and Cetus Protocol have dominated the damage, while phishing and flawed smart contracts have driven hundreds of smaller cases.
The post H1 2025 Crypto Losses Outpace 2024; CertiK Counts 344 Onchain Heists, $187M Recovered appeared first on Cryptonews. …

The Supreme Court has refused to revisit the 1976 third-party doctrine, keeping in place a decision requiring Coinbase to share user information when summoned by the IRS. Denial of James Harper’s Fourth Amendment petition maintains legal space for the agency’s expanding enforcement of crypto tax compliance.
The post Supreme Court Denies Coinbase User Appeal: IRS Can Still Access Your Crypto Data – What Now? appeared first on Cryptonews. …

Behind the flashy crypto facade, Golden’s scheme reveals how old frauds reinvent themselves—exploiting new tech to prey on trust and hope, while justice now seeks to reclaim what was lost
The post Crypto Ponzi Scheme Mastermind Gets 8 Years for $40M Investor Fraud—DOJ Confirms appeared first on Cryptonews. …

Arbitrum has surged 20% in 24 hours, driven by excitement surrounding the Yapyo SocialFi presale launch and speculation about a potential partnership with Robinhood, with trading volume jumping 590% to $770 million.
The post Arbitrum Explodes 20% as Yapyo SocialFi Mania Triggers Flywheel Effect — $0.5 Next? appeared first on Cryptonews. …

Brad Garlinghouse, the Harvard-educated CEO of Ripple Labs, has declared his unwavering belief in XRP by tattooing the token’s logo on his arm.
The post Ripple CEO Gets XRP Tattoo, Showing “1000%” Confidence in Token Future appeared first on Cryptonews. …