Crypto News
Chart of the Week: Wall Street Has Claimed Bitcoin—Now What?
"Wall Street is coming for bitcoin."That phrase used to spark both hope and fear across crypto circles. Today, it's no longer a future threat or a bullish promise—it's just reality. The original premise of bitcoin (or crypto in general)—an asset that is censorship-resistant and doesn't answer to any traditional financial institution or government—is fading fast as Wall Street giants (as well as powerful political figures) continue to establish their strong foothold in the digital assets space. During the early years of the digital assets revolution, bitcoin was celebrated as uncorrelated and unapologetically anti-establishment. TradFi asset classes like S&P 500 would rise and fall—bitcoin didn't care. What bitcoin did care about were the flaws in the traditional financial system, which are...
TON Launches UAE Golden Visa Initiative for Toncoin Holders
Max Crown, CEO of the TON Foundation, announced the launch of an initiative allowing Toncoin holders to secure a 10-year Golden Visa in the UAE. Participants can obtain the visa by staking 100,000 in TON for three years and paying a one-time processing fee of $35,000. The process promises fast approval, with visas issued inSource link
ECB President Christine Lagarde Warns Stablecoin Adoption Might Lead to ‘Privatization of Money’
Lagarde stated that the rise of stablecoin adoption has introduced other risks, as it weakens sovereignty and reduces the ability to conduct monetary policy. She emphasized that, as they currently stand, stablecoins should not be treated as money. ECB President Christine Lagarde Warns About the Dangers of Stablecoin Adoption The rise in stablecoin adoption isSource link
Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam
A Canadian pharmacy manager is suing a telecom company and a trading platform after losing 12.58 bitcoins—now worth over $1.36 million—in a sophisticated SIM-swapping scam. Canadian Woman Blames Security Lapse by Telecom Employee for Crypto Loss Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.57969337 bitcoins, now valuedSource link
Coinbase Director Flags Possible Hack Behind $8B Bitcoin Awakening
A Coinbase director has raised suspicions that the recent movement of $8 billion in long-dormant Bitcoin may be the result of a hack. Conor Grogan, a Coinbase director, has speculated that the $8 billion in Bitcoin ( BTC) that recently “woke up” could have been hacked. To back this claim, Grogan pointed to a singleSource link