Coins

Circle Stock in Up Only Mode Even as Bitcoin, Crypto Market Struggle—Why?

Circle Stock in Up Only Mode Even as Bitcoin, Crypto Market Struggle—Why?

In brief Circle stock hit a new all-time high, rising above $298 at one point on Monday, despite broader market volatility from escalating U.S.-Iran military tensions. The USDC issuer’s market cap surpassed its flagship stablecoin’s $61.3 billion valuation just seven trading days after its NYSE debut. Circle benefited from a strategic partnership announcement with Fiserv […]

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Cointelegraph Website Hacked in Fake Airdrop Phishing Attack

Cointelegraph Website Hacked in Fake Airdrop Phishing Attack

In brief Cointelegraph has confirmed a front-end hack used to serve phishing pop-ups to people accessing the site. CoinMarketCap suffered a similar exploit days earlier. Victims are being tricked into connecting their wallets to receive fake token airdrops. Crypto news outlet Cointelegraph has confirmed that its website was compromised in a front-end exploit used to

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Texas Sheriffs Crack Bitcoin ATM With Power Tools to Retrieve ,000

Texas Sheriffs Crack Bitcoin ATM With Power Tools to Retrieve $32,000

In brief Texas sheriffs used power tools this week in retrieving $32,000 from a Bitcoin ATM. Images show stacks of hundred dollar bills, evidence bags, and a gas station on a rural road. Americans over 60 years old reported $107 million in Bitcoin ATM-related losses, according to an annual FBI report. Texas sheriffs used power

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USDC Issuer Circle Spikes After Wall Street Firm Initiates With Buy Rating

USDC Issuer Circle Spikes After Wall Street Firm Initiates With Buy Rating

In brief Circle (CRCL) surged 14% to $228 after Seaport Global initiated coverage with a buy rating and $235 price target, calling it a “top-tier crypto disruptor.” The rally was fueled by the Senate’s passage of the GENIUS Act stablecoin legislation, which would create the first federal framework for dollar-pegged stablecoins. Circle and Coinbase both

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TikTok Hits Back At Congressman’s ‘0 Million Bribe’ Accusation Over Trump Meme Coin

TikTok Hits Back At Congressman’s ‘$300 Million Bribe’ Accusation Over Trump Meme Coin

In brief Congressman Brad Sherman (D-CA-32) has accused TikTok’s Chinese owners of a “$300 million bribe” through purchases of U.S. President Donald Trump’s meme coin. In a tweeted rebuttal, TikTok called Sherman’s claim “patently false and irresponsible.” Trump this week announced a 90-day delay to the looming U.S. ban on TikTok. Social media firm TikTok

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Hyperliquid Token Hits 10-Day Low Following Recent Record High

Hyperliquid Token Hits 10-Day Low Following Recent Record High

In brief HYPE was recently down about 6% in Thursday trading. The decline comes just three days after the token of the Hyperliquid exchange reached a record high. Most altcoins were changing hands in mildly negative territory. Altcoin Hyperliquid was recently down more than 6% over the past 24 hours, the poorest performer among the

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Nasdaq-Listed Healthcare Firm Opens Bitcoin Treasury With  Million BTC Buy

Nasdaq-Listed Healthcare Firm Opens Bitcoin Treasury With $20 Million BTC Buy

In brief Healthcare firm Prenetics has purchased $20 million worth of BTC for its corporate treasury. The company plans to integrate Bitcoin into its consumer health platforms and operations, and hinted at further expanding its treasury. A Trump-linked crypto advisor will serve as an advisor, the firm announced. When most healthcare companies discuss digital transformation,

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How Will Bitcoin Defend Against Quantum Computing? This Project Just Raised M

How Will Bitcoin Defend Against Quantum Computing? This Project Just Raised $6M

In brief Project 11 has raised $6 million to protect Bitcoin’s network from quantum computing. Quantum computing is a new type of technology which has not yet been released. Still, some in the crypto space worry that it will one day be able to break Bitcoin’s cryptography. A startup has raised $6 million in a

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1inch Foundation Proposes User Compensation Plan Following October Hack

1inch Foundation Proposes User Compensation Plan Following October Hack

In brief A DAO proposal is seeking to reimburse $768,026 in USDC to affected users. But victims must submit KYC and law enforcement reports. The vote currently stands at 53.47% in favor, 46.53% against. The 1inch Foundation has submitted a new proposal to its decentralized autonomous organization to compensate users affected by an October 2024

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