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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  3. BITCOINCointelegraph

    Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet

    Bitcoin.com has integrated USDU, the UAE’s first central bank-registered US dollar stablecoin issued by Universal Digital, into its self-custodial web and mobile wallet, allowing users to hold, send, and receive the stablecoin. USDU, which is Ethereum-based, will also be supported for swap and buy-and-sell functionalities through third-party providers in the future. According to the announcement, Bitcoin.com plans to accept USDU for designated services and facilitate payments between users and merchants, with availability varying by jurisdiction. The integration follows USDU's broader distribution efforts, including support from Zodia Custody for institutional clients and a liquidity pool on Uniswap launched in August.

  5. ALLCointelegraph

    Crypto PAC notches primary wins, but loses $2M Florida race

    Four out of five candidates supported by the cryptocurrency-aligned PACs Fairshake, Protect Progress, and Defend American Jobs won their primaries or advanced in the US states of Alaska, Florida, and Wyoming, with the PACs spending approximately $3.6 million on races there, according to Cointelegraph. Despite these wins, Democrat Oliver Gilbert, who was targeted by more than $2 million in negative ads, secured victory in Florida's 24th congressional district, a race addressing the influence of the crypto industry. The PAC reported holding a war chest of $193 million as of January and spent over $82 million on races ahead of the 2026 midterm elections to support pro-crypto candidates. The outcome of these elections could influence the makeup of Congress and impact legislation such as the Digital Asset Market Clarity Act, which aims to establish comprehensive regulations for digital assets.

  6. ALLCointelegraph

    US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

    The US Commodity Futures Trading Commission (CFTC) announced consent orders against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary” Wang, imposing a five-year trading ban on both and additional registration bans (10 years for Ellison and eight years for Wang). The orders, filed in the US District Court for the Southern District of New York, require their continued cooperation with the CFTC and resolve agency enforcement actions against them, which also involve their roles in allegations of fraud related to Alameda and FTX. The CFTC’s enforcement director stated that the sanctions reflect their material assistance in ongoing investigations. These actions are part of broader legal proceedings, including the indictment of Ellison, Wang, and others on fraud charges connected to the misuse of customer funds at FTX.

  11. BITCOINCoinDesk

    The 'crack' in the energy market is wider than ever. Bitcoin might feel it.

    Recent data suggests that the "crack" spread—the difference between diesel and crude oil prices—has surged to a record $102.20 per barrel, driven by disruptions from conflicts in Iran and Ukraine and seasonal demand for agricultural fuel. This increase in oil product prices could contribute to higher inflation, affecting sectors like agriculture, shipping, and trucking. While oil prices have retreated from the highs of the second quarter and crude may be due for a bounce, ongoing supply disruptions continue to influence the market. Additionally, the U.S. Dollar Index fell to a two-and-a-half-month low, which has historically supported bitcoin, though the overall market remains influenced by multiple opposing factors.

  14. ALTCOINSCointelegraph

    China adds 8 banks to digital yuan network as operator count hits 30

    The People’s Bank of China (PBOC) has added eight banks—Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank—to its digital yuan network, increasing the number of operating institutions to 30, according to a Xinhua report. These banks will connect to the digital yuan system and begin offering services after operational and technical preparations, following a previous expansion in April that added 12 institutions. Prior to this year's growth, only 10 banks had been authorized as operators, with Industrial Bank joining in 2022. Dong Ximiao, chief researcher at Merchants Union Consumer Finance, noted that new operators could help fill gaps in services for regional small and medium-sized enterprises and cross-border trade.

  17. BITCOINCoinDesk

    The bitcoin price level where leveraged bulls could get whacked

    According to CoinDesk, $57,000 is a crucial liquidation level for bitcoin's leveraged long positions, as a drop to this level could trigger significant liquidations due to thin liquidity and large open contracts, potentially leading to a sharper decline in prices. Traders holding bullish futures bets are particularly at risk if bitcoin falls below this threshold, which could cause a wave of forced closures of leveraged positions. Despite this downside risk, bitcoin is currently trading near $64,000 and showing signs of a potential inverse head-and-shoulders pattern that might suggest a bullish rally towards $76,000. The market's resilience above $62,000 amid macroeconomic tensions has also been noted as indicating a possible bullish phase.

  23. ALLCointelegraph

    Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation

    Edward Zimbardi, identified as the alleged mastermind of a $165 million crypto Ponzi scheme, was deported from Fiji to the United States to face federal charges, according to the US Attorney’s Office for the Northern District of Georgia. He is accused of promoting a scheme called “The Crypto Program,” which promised investors guaranteed 25% monthly returns from June 2022 to August 2023, and of secretly controlling wallets that received over $165 million in crypto from thousands of investors. Prosecutors allege that instead of investing in advertising packages, Zimbardi used more than $34 million for foreign currency trades, paid earlier investors with new investments, and spent at least $10 million on personal expenses. He was indicted on multiple charges, including wire fraud and money laundering, after allegedly fleeing to Fiji following an FBI investigation.

  24. ALLCoinDesk

    Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push

    Payward, the parent company of Kraken, has joined Anthropic’s Project Glasswing, gaining access to the AI model Claude Mythos 5, which is designed to identify and fix software vulnerabilities. Payward plans to deploy Mythos 5 across its systems to enhance security and intends to share any vulnerabilities found in open-source software with relevant maintainers. This initiative is part of a broader effort to use AI for cybersecurity in critical infrastructure and financial sectors, with Project Glasswing already involving tech giants and financial institutions. The move emphasizes the increasing importance of AI in addressing cybersecurity threats faced by crypto companies, which operate continuously and are frequent targets for hackers.