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Oil shock and inflation fears weigh on Bitcoin: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin fell more than 3.5% to below $67,000 as escalating tensions in the Middle East pushed investors out of risky assets and toward the U.S. dollar. As the conflict escalates, Iran has threatened to close the Strait of Hormuz, a key shipping lane that carries about […]

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US Judge Dismisses Uniswap Scam Token Class Action Lawsuit With Prejudice

A federal judge has dismissed a proposed class-action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling they cannot be held liable for so-called “rug pull” tokens traded on the decentralized exchange’s protocol. In a ruling Monday in the U.S. District Court for the Southern District of New York, Judge Katherine

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Japanese Prime Minister Sanae Takaichi Disavows Solana Coin After Its 75% Crash

Japan’s Economic Security Minister Sanae Takaichi said she had “absolutely no knowledge” of a Solana-based meme token bearing her name, after the cryptocurrency briefly reached a market capitalization of around $30 million. “I have heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded to some extent,” Takaichi wrote on His

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Tether taps Deloitte for its first report on USAT reserves

Leading stablecoin issuer Tether has won approval from Deloitte for the first reserves report linked to its new US-regulated stablecoin, after years of difficulties in its dealings with major accounting firms. Deloitte reviewed a report prepared by Anchorage Digital Bank, which issued the company’s new USAT token. In a letter released Monday, the accounting firm

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Over 95% of all bitcoins have already been mined, the rest will take over a century

Bitcoin BTC$68,105.70 is on the verge of reaching a major symbolic milestone with the issuance of its 20 millionth coin. According to the Clark Moody dashboard, 19,996,979 BTC have been mined, leaving only about 3,000 BTC before the 20 millionth bitcoin is reached, in about seven days at current issuance rates. Once this threshold is

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Bitcoin surges as IBIT records one of biggest inflow days of the quarter amid Iranian volatility

Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs brought in $458 million, according to data curated by SoSoValue, marking one of the strongest inflow days of the quarter despite the ongoing conflict with Iran. These inflows suggest that institutional investors are treating bitcoin’s recent volatility resulting from the war as contained rather than

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NEAR Token Jumps 17% After ‘Confidential Intents’ Launch, Outpacing Privacy Token Sector

The NEAR token soared as much as 17% after the launch of “Confidential Intents,” a new private execution layer designed to shield transactions from public view, extending a 40% weekly rally and outperforming both the CoinDesk 20 Index and the broader privacy token sector. The feature was first revealed last week at NEARCON in San

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South Korea investigates $4.8 million crypto theft after photo mistake in tax seizure

South Korean tax authorities lost $4.8 million in seized crypto after displaying the seed phrases of affected wallets in a photograph covering the February 26 event. The crypto was caught immediately after the National Tax Service (NTS) shared a photo containing hardware wallets and their passphrases. The department apologized for the incident, Asia Business Daily

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Australia could unlock A$24 billion in digital finance gains, says OKX report

Australia has just 26 million people, but OKX is betting the country could become one of the most important digital financial markets in the developed world if policymakers act fast enough. A new bourse-backed report estimates Australia could unlock A$24 billion ($17 billion) in annual economic gains from marketplaces, payments and tokenized assets, provided lawmakers

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