Cryptocurrency & Blockchain News

BitMine Surpasses 2.5% Control of Ethereum Supply, Paving the Way for Future Growth

BitMine reaches over 2.5% of Ethereum's supply, holding over 3 million ETH, and positions itself as a key player in the cryptocurrency market.

Bitmine Immersion Enhances Ethereum Holdings Amid Strategic Shift

Bitmine Immersion acquired over $830 million in Ethereum, reflecting a significant trend towards digital assets as treasury holdings.

Citi's Strategic Move into Crypto Custody and Stablecoins

Citi plans to launch crypto custody services in 2026, enhancing its digital asset strategy amid growing institutional interest.

Strategy's Strategic Bitcoin Acquisition: A Look at Institutional Trends

Strategy has acquired 220 Bitcoin for $27.2 million, reflecting growing institutional interest in digital assets.

WazirX Receives Court Approval for Restructuring After $235 Million Hack

WazirX's restructuring plan has court approval, enabling asset distribution to users after a $235 million hack. Security measures are prioritized.

China Renaissance and YZI Labs: Investing in the Future of BNB Coin

China Renaissance aims to raise $600 million to invest in Binance Coin with YZI Labs, focusing on Web3, AI, and biotech.

MARA Holdings Boosts Bitcoin Reserves with Strategic Acquisition

MARA Holdings increases its Bitcoin reserves by acquiring 400 BTC, enhancing its long-term cryptocurrency strategy through institutional support.

Binance's $283 Million Compensation Amid Market Volatility

Binance distributed $283 million to users affected by market volatility and technical issues, addressing losses from de-pegged assets.

The Tragic Death of Ukrainian Crypto Influencer Konstantin Galish and Its Implications

The death of crypto influencer Konstantin Galish raises concerns about the mental health of traders during severe market volatility.

Understanding Binance's Recent Transaction Disruptions and How to Respond

Binance faced transaction disruptions due to market volatility. Users are advised to contact customer service for assistance with loss claims.

Understanding the Impact of a Major Ether Sale on Ethereum ETFs

BlackRock clients sold $80.2 million in Ether, indicating significant outflows from Ethereum ETFs amid active portfolio rebalancing.

Veteran Trader Profits $160 Million by Short Selling Bitcoin and Ethereum

A veteran trader made over $160 million by shorting Bitcoin and Ethereum in just 30 hours, highlighting strategic trading in volatile markets.

Major Liquidation Event in Cryptocurrency Market: A $19 Billion Loss

Over $19 billion in leveraged crypto positions were liquidated in a day, marking a record loss impacting millions of traders.

Aster Delays Airdrop to Ensure Accurate Token Distribution

Aster has delayed its airdrop to October 20 to correct allocation discrepancies following community feedback.

Trump Weighs Pardon for Former Binance CEO Changpeng Zhao

Trump is considering a pardon for former Binance CEO Changpeng Zhao amid internal White House discussions on cryptocurrency regulations.