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Bitcoin and Ether tumble as AI stock sell-off rattles markets
Digital currency markets took a hit Tuesday as traders pulled back from riskier investments amid growing worries about whether artificial intelligence company stock prices can hold up. The price of Bitcoin dropped to $103,952 by the end of trading, marking a 2.5% decline for the day and roughly 6% lower compared to where it stood […]Cryptopolitan
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RLUSD ranks as the 10th largest stablecoin, but billions below Tether
RLUSD, Ripple’s US dollar-pegged stablecoin, has entered the top 10 stablecoins by market cap. According to on-chain data, the coin has surpassed a $1 billion market capitalization threshold, marking a significant milestone less than a year after its launch. RLUSD was officially launched in December 2024. The coin first surpassed the $1 billion threshold on […]Cryptopolitan
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Binance-backed startup accused of wallet manipulation in APR token airdrop
aPriori, the trading startup backed by Binance founder Changpeng Zhao’s venture firm YZi Labs is facing allegations of a Sybil attack in its recent token airdrop. A huge chunk of the airdropped APR tokens on BNB Chain was allegedly claimed by wallets controlled by a single entity. The new YZi Labs project’s genesis airdrop in […]Cryptopolitan
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DeFi lender Moonwell hit by $1M exploit tied to Chainlink data error
Moonwell was exploited for 295 ETH, using flawed pricing from an external offline oracle. The DeFi lending protocol suffered a similar exploit earlier in October and apparently did not fix the flaw, allowing the hacker to attack again.Cryptopolitan
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This New Altcoin Might Be the Hidden 30x Opportunity in DeFi
The crypto market is at a new stage of its development, and people have already started to search for the next big crypto. Most of the successful projects, e.g. Aave and Solana began in small ways, and the ones who noticed them before got enormous returns. Another new token that attracts similar attention is Mutuum […]Cryptopolitan
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Plume taps OpenTrade in RWA push backed by WisdomTree tokenized funds
Plume, a permissionless, full-stack blockchain built for real-world asset finance, and OpenTrade have unveiled plans to launch and integrate new yield-bearing vaults via Nest, Plume’s flagship staking protocol, according to documents reviewed by Cryptopolitan. The endeavor will be powered by OpenTrade’s real-world asset (RWA) stablecoin yield infrastructure and backed by WisdomTree’s suite of tokenized funds. […]Cryptopolitan
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Portugal bets on data centers and tech to move beyond tourism
Portugal intends to diversify its economy with tech rather than relying on seasonal tourism. A $9.9 billion data center called Start Campus is already in the works in the coastal city of Sines to that effect. Portugal’s economy has always leaned heavily on tourism, with its sunny beaches and surf towns attracting millions of tourists […]Cryptopolitan
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Thodex founder Faruk Fatih Özer found dead in Turkish prison cell
The sudden death of Faruk Fatih Özer, founder of the infamous Turkish cryptocurrency exchange Thodex, is raising some serious questions in Turkey. The young entrepreneur, who was sentenced to over 11,000 years for the collapse of his coin trading platform, allegedly had the sons of politicians as partners and was expecting an early release. Özer […]Cryptopolitan
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CZ clarifies Binance’s Giggle fund donation plan after meme coin confusion
Binance co-founder Changpeng Zhao (CZ), in a X post, clarifies Binance’s Giggle fund token donation plan. This comes in as lots of confusion emerged among the community that sent the GIGGLE coin tumbling. An online dispute has turned a reportedly educational project into one of the week’s strangest crypto stories. CZ has already distanced himself […]Cryptopolitan
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Why US prosecutors are pushing for maximum sentence for the devs
Samourai wallet developers, Keonne Rodriguez and William Lonergan Hill, are currently attempting to resist US prosecutors who have been clamoring for a five-year sentence as punishment for their misdeeds in a case that has been tagged one of the government’s most aggressive prosecutions of crypto developers to date. The US government wants a statutory maximum […]Cryptopolitan
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Treasury Secretary Scott Bessent says the US might allow sales of Nvidia's Blackwell chips to China
The United States could eventually let Nvidia sell its most powerful computer chips to Chinese companies, Treasury Secretary Scott Bessent said Tuesday. He also laid out a busy schedule of meetings between President Donald Trump and Chinese President Xi Jinping next year. Bessent called Nvidia’s Blackwell chips the “crown jewel” when he spoke to CNBC […]Cryptopolitan
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Ferrari sets long-term revenue expectations a little higher than usual
European auto giant Ferrari has reported its Q3 earnings on Tuesday, showing that it earned €670 million ($769.2 million), beating the €649 million ($745 million) that was forecasted before, while core earnings increased 5% from a year earlier. In the earnings report, Ferrari said its performance was driven by higher pricing in the SF90 XX […]Cryptopolitan
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Ripple (XRP) Moves Slowly in Shadows as This New Crypto Coin Ignites Fresh Debate
Experts have highlighted the possible price movement of Ripple (XRP) to $6 based on the 10% Theory by Egrag Crypto’s Gaussian Channel formation. This indicates an opportunity for a 2.4x price jump from the current price levels. While XRP hangs around in the background, Mutuum Finance (MUTM) makes headlines as the new crypto coin to […]Cryptopolitan
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Binance CEO rejects claims of Trump-linked stablecoin deal for CZ pardon
The head of Binance is pushing back hard against claims that the crypto platform gave special treatment to a digital coin linked to the Trump family to get a presidential pardon for its former boss. Richard Teng runs the world’s biggest crypto exchange. He went on TV Monday to talk about the whole mess. At […]Cryptopolitan
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Crypto investigator lists Nigeria, India, Canada, UK, and Russia as worst jurisdictions for victims
Blockchain investigator ZachXBT has named the five countries where he struggles most to assist victims, listing counties like Canada, the UK, and Russia as part of the “bottom five” jurisdictions for crypto-related cases. In a Tuesday post on his Telegram investigations channel, ZachXBT wrote the counties in order of where he faced the most problems, […]Cryptopolitan
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