Author: John Smith
FTX, the bankrupt cryptocurrency exchange launched by disgraced entrepreneur Sam Bankman-Fried, issued warnings about phishing scams targeting its creditors. Summary FTX warns of phishing scams targeting third creditor payout round. Fake Kroll emails mimic official updates to steal logins and wallet access. Users reminded FTX won’t ask to connect external wallets for payouts. The third round began on September 30, distributing approximately $1.6 billion to remaining bankruptcy claimants. Scammers are impersonating Kroll Settlement Administration and the FTX Recovery Trust through fraudulent emails designed to steal user credentials and cryptocurrency. FTX’s official account posted examples of fake communications that mimic legitimate…
Mike Selig, chief counsel of the SEC’s cryptocurrency task force, is emerging as the frontrunner to chair the Commodity Futures Trading Commission (CFTC). According to Politico, Selig, a former partner at Willkie Farr & Gallagher and one-time law clerk to ex-CFTC Chair Chris Giancarlo, is reportedly pulling ahead of other candidates in the private selection process. Summary Mike Selig serves as the chief counsel of the SEC’s Crypto Task Force. He has experience in crypto policymaking. The previous lead candidate for the CFTC chair, Brian Quintenz, was Donald Trump’s pick. However, he was pulled by the White House after pressure…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 has had its booms. DeFi summer pulled billions into new protocols. NFTs turned avatars and collectibles into cultural phenomena. Millions opened wallets, experimented with dapps, and speculated on a future built on-chain. But after those surges, adoption slowed. Exchange collapses, speculative excess, and unclear regulation pushed many retail users away. Institutions have continued to build — ETFs, custody solutions, corporate treasuries — but the average consumer hasn’t come back in force. Summary Speculation brought early adopters,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Interest in the tokenization of real-world assets has propelled the market to a $23 billion valuation in 2025. Yet, continued success hinges on robust infrastructure. Summary Tokenization is gaining traction — with Coinbase, JP Morgan, Citi, Franklin Templeton, and Goldman Sachs all launching pilots — but efforts remain siloed and fragmented. Liquidity gaps and inconsistent infrastructure threaten the World Economic Forum’s $4T projection for tokenized assets by 2030. Strategic alliances (e.g., Chainlink with DTCC, Securitize with Ethena)…
The BNB Coin price continued its strong bull run this week, reaching its highest point on record. This performance may accelerate as key metrics improve. Summary Binance Coin price continued its strong bull run this week. The number of transactions on the BSC Chain has soared this month. The network will burn tokens worth over $1.2 billion soon. Binance Coin (BNB) token jumped to a high of $1,190, up 478% from its lowest level in 2023. This surge has pushed its market capitalization to over $162 billion, making it the fifth-largest cryptocurrency in the industry. Third-party data shows that most…
XRP price has formed a falling wedge pattern, pointing to an eventual rebound in the coming weeks as a recently launched spot Ripple ETF gains momentum. Summary XRP price as formed a falling wedge chart pattern. It has also formed a bullish pennant pattern on the daily chart. The recently-launched XRPR ETF is nearing the $100 million asset mark. XRPR ETF inflows are rising Ripple (XRP) was trading at a key resistance level of $3, up 10% from its lowest point in September. However, it remains about 18% below its highest level this year. There are signs of increased demand…
The crypto market is surging this week, with Bitcoin and Ethereum nearing their all-time highs and the total market capitalization climbing above $4.2 trillion. This article breaks down the top four drivers behind the rally, including growing expectations that the Federal Reserve will cut interest rates before the end of the year. Summary The crypto market rally is happening as odds of Fed interest rate cuts rise. Bitcoin has emerged as a safe-haven asset as the U.S. government shuts down. The crypto market normally does well in October and the fourth quarter. Fed interest rate cuts odds rise One key…
NFT sales volume more than doubled, surging by 103.11% to reach $256.9 million. This is a notable turnaround from last week’s $84.6 million in sales volume. CryptoSlam data shows: The number of NFT buyers jumped by 18.25% to 694,348 Sellers increased by 17.77% to 584,235. NFT transactions dipped by 8.67% to 1,874,619. Bitcoin’s (BTC) rally to the $122,000 level has energized the entire crypto market. Ethereum (ETH) has followed suit, climbing to $4,500. The global crypto market cap now stands at $4.2 trillion, up from last week’s $3.78 trillion. This bullish momentum has spilled over into the NFT sector, which…
Crypto projects raised $351 million across 13 deals from September 28 to October 4, led by Flying Tulip’s $200 million seed round, as DeFi and finance-focused ventures dominated the week’s funding activity. Summary Flying Tulip raised $200m seed at $1b valuation, leading weekly crypto funding. DeFi and finance startups dominate $351m crypto funding across 13 projects. Payments and gaming projects like xMoney and AmbrusStudio secured millions. Here’s a breakdown of this week’s top announcements, according to Crypto Fundraising data: Flying Tulip Flying Tulip, a full stack on-chain exchange, raised $200 million in a Seed round Backed by Brevan Howard, CoinFund,…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Little Pepe dominates 2025’s memecoin buzz as investors weigh its staying power amid rising volatility. Summary Little Pepe’s fast, low-fee Layer 2 tech and meme appeal make it 2025’s standout token. Its presale tops $26m as investors back its growth and upcoming exchange listings. With strong tokenomics and listings ahead, LILPEPE could become one of 2025’s leading memecoins. Little Pepe (LILPEPE) has…