Crypto News

Cryptocurrencies, precious metals, and equities all slipped today after an energetic rally that carried markets higher over the past week and a half. Signs of fatigue are emerging, with momentum stalling across several asset classes. Meanwhile, bitcoin dropped to a mid-day low of $102,622. Markets Begin to Lose Steam BTC touched $102,622 during Wednesday’s mid-daySource link

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team.In this issue:Hacking Attempt on Lido Results in 1.4 Ether Lost From Oracle ProviderBitcoin DeFi Security Improves as Rootstock Boosts Hashrate ShareEthereum’s Next Upgrade ‘Fusaka’ Could Cut Layer-2 and Validator CostsTelegram Cracks Down on $8 billion Crypto Crime MarketplaceUnknown block type "divider", specify a component for it in the `components.types` optionNetwork NewsLIDO AVOIDS MAJOR SECURITY BREACH: Lido, Ethereum’s largest liquid staking protocol, avoided a major security incident after one of its nine oracle keys was compromised in what appears to be a low-impact but serious breach involving validator operator Chorus One. Lido secures over 25%...

This content is provided by a sponsor. As 2025 persists, blockchain advancements remain resilient disruptors within the financial industry. With the sector’s digital district maturing, several cryptocurrency innovators are worthy of recognition for developing these dynamic platforms and protocols. Whether they’ve trailblazed decentralized finance (DeFi) ecosystems or launched international multimedia conglomerates, the most prestigious cryptoSource link

U.S. President Donald Trump’s crypto ventures, including the launch of his TRUMP memecoin in January, have complicated bipartisan efforts to get stablecoin legislation passed, Rep. French Hill, a lawmaker at the center of the industry's crypto efforts in Washington, said Wednesday at Consensus 2025 in Toronto.However, Hill — chairman of the House Financial Services Committee, which recently released a discussion draft of a crypto market structure bill — said that there is still a strong bipartisan consensus around the need for crypto legislation, despite Democrats’ growing frustration with the potential conflicts of interest and the opacity of Trump’s personal crypto investments.“Despite the politics around the Trump memecoin and crypto investments that has definitely made our work more complicated, I still argue that...

The investment firm attributed the surge partly to rising interest in layer-2 networks.Source link