A crypto trader said a former Revolut employee tried to extort him and contacted his relatives. Revolut confirmed an investigation and said no systems were breached. Read More at https://cointelegraph.com/news/ex-revolut-employee-crypto-trader-extortion-doxxing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Curve founder says DeFi must ditch token emissions for real revenue
Curve founder Michael Egorov told Cointelegraph that protocols cannot “live without real revenues flowing” as token incentives lose power to attract liquidity. Read More at https://cointelegraph.com/news/curve-egorov-defi-move-beyond-emissions-driven-yield?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Standard Chartered sticks to $2T stablecoin call but trims T-bill impact
Standard Chartered slashed its forecast for T-bill demand from stablecoins to $800 billion to $1 trillion by 2028, but maintained its $2 trillion stablecoin market call. Read More at https://cointelegraph.com/news/standard-chartered-2t-stablecoin-forecast-2028-t-bill-demand-trim?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fictional 2028 AI memo imagines mass layoffs and stablecoin adoption
Citrini Research’s 2028 scenario imagines AI turbocharging corporate profits, while hollowing out consumer demand and quietly migrating global payments to stablecoins on cheap chains. Read More at https://cointelegraph.com/news/fictional-2028-ai-memo-mass-layoffs-stablecoin-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Austria’s regulator slaps new business ban on KuCoin’s EU exchange
The Austrian Financial Market Authority has frozen new business at KuCoin EU months after granting the exchange a MiCA license, citing gaps in key AML and sanctions roles. Read More at https://cointelegraph.com/news/austria-regulator-slaps-new-business-ban-kucoin-eu?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy adds 592 BTC for $40M in 100th Bitcoin purchase
Strategy bought 592 Bitcoin for $39.8 million in its 100th purchase, increasing holdings to 717,722 BTC. Read More at https://cointelegraph.com/news/strategy-100th-bitcoin-purchase-592-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How SocialFi, memecoins and AI pushed Base to the top of the L2 ladder
Base rode SocialFi, memecoins and AI agents to the top of Ethereum’s layer-2 ladder before turning inward to rebuild its core stack. Read More at https://cointelegraph.com/news/socialfi-memecoins-ai-pushed-base-l2-ladder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitmine paper loss nears $8.8B as Ether slump tests cyclical thesis
The mounting unrealized losses of Bitmine shareholders and Ether’s 60% decline are signaling a critical inflection point that may define Ether’s medium-term momentum, analysts said. Read More at https://cointelegraph.com/news/bitmine-shareholders-8-8b-paper-loss-downturn-ether?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto funds lose $288M as ETPs extend outflow run to five weeks
Crypto investment products posted outflows for a fifth straight week, marking the longest exit streak since the launch of spot Bitcoin ETFs in 2024. Read More at https://cointelegraph.com/news/crypto-etp-five-week-exit-fresh-288-million-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin treasuries log rare selling streak as BTC trades near $66K
Continued selling from treasury companies and US Bitcoin ETFs threatens a deeper retracement for BTC, but some analysts see it as a sign of a healthy flush in speculative leverage. Read More at https://cointelegraph.com/news/bitcoin-treasury-selling-streak-btc-66-000?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound