Crypto News
Everstake to SEC: Non-Custodial Staking Shouldn’t Be Regulated as Securities
Everstake has urged the U.S. Securities and Exchange Commission (SEC) to clarify that non-custodial staking should not be regulated as a securities transaction. The meeting comes amid rising regulatory uncertainty that threatens to undermine the foundational role of staking in blockchain networks. Everstake Defends Non-Custodial Model for Staking in SEC Talks Amid growing tension betweenSource link
ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating
Major tokens slumped Saturday as investors digested the implications of Moody’s Ratings downgrading the U.S. credit score, with ether (ETH), XRP, and dogecoin (DOGE) dropping roughly 3%. The broader crypto market held at $3.3 trillion, paring earlier gains after briefly touching the week’s high.The move came after rating giant Moody’s cut the U.S. sovereign credit rating to Aa1 from Aaa, citing the country’s swelling deficits, rising interest expenses, and a lack of political will to rein in spending. The firm now joins Fitch and S&P in assigning a rating below the once-unblemished triple-A status long held by the world’s largest economy.As such, the White House was quick to respond, with spokespersons for President Donald Trump criticizing the decision as politically...
River CEO: Businesses Increasingly Buying Bitcoin
Alexander Leishman, CEO of River, a financial company that provides zero-fee bitcoin recurring purchases services, has highlighted how businesses are increasingly adopting bitcoin as part of their corporate treasury strategy. On social media, Leishman revealed that several companies had enrolled River as part of their bitcoin accumulation processes. He noted that just in the lastSource link
CZ Shares Urgent Advice as Phishing Threats Target Crypto Users
Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao (CZ) shared on social media platform X on Thursday a detailed setSource link
Hacker Jailed for Posting Fake Bitcoin ETF News on SEC’s X Account
The DOJ handed down a prison sentence after the SEC’s social media was hacked to falsely announce bitcoin ETF approval, briefly sending crypto markets into overdrive. DOJ Sentences Hacker for SEC X Breach and Bitcoin ETF Hoax The U.S. Department of Justice (DOJ) announced on May 16 that a resident of Huntsville, Alabama, has beenSource link