Cryptocurrency

Cryptocurrency

New DePIN Provides ZK-Proof Processing with its Marketplace

Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC (USDC) stablecoin as the native … Read more

Cryptocurrency

SEC Drops Ondo Probe As RWA Tokenization Gains Ground

The US Securities and Exchange Commission has officially dropped its investigation into the New York-based tokenization platform Ondo Finance, which it initiated in 2023. Ondo Finance has received formal notice that a confidential, multi-year SEC investigation into the platform has been closed without any charges, the company announced on Monday. “The probe examined whether Ondo’s … Read more

Cryptocurrency

Three Arguments From BTC Market Bears

Bitcoin (BTC) climbed 14.50% from its recent lows at $80,600, inching back toward $93,000 as traders are at odds between a “comeback” by the bulls or the start of a bear market. Key takeaways: Analysts say Bitcoin’s rebound is a bull trap, with risks extending to as low as $40,000. Google Trends suggests a rally … Read more

Cryptocurrency

Tether just moved $4 billion Bitcoin for Twenty One, but the chain data reveals a deceptive liquidity trap

A $3.9 billion transfer moving 43,033 BTC was recorded on-chain and flagged by Whale Alert, with the receiving cluster matching labels used by intelligence dashboards for Twenty One, known as XXI. The timing aligns with the company’s stated plan to relocate more than 43,500 Bitcoin from escrow into its own custody before it begins trading … Read more

Cryptocurrency

Argentina Weighs Letting Banks Back Into Crypto: Report

Argentina is considering allowing local financial institutions to engage more directly with cryptocurrencies in a move that would mark a significant shift from its previous restrictive stance, according to a local media report. According to a Friday report by local news outlet La Nacion, Banco Central de la República Argentina (BCRA), Argentina’s central bank, is … Read more

Cryptocurrency

Crypto Prediction Markets Lure Traders With AI And Arbitrage

Blockchain-based prediction markets are drawing in more speculators as traders hunt for returns that can beat simply holding spot cryptocurrencies, according to a new report. Prediction markets are emerging as a new speculative arena for traders, pitting casual retail participants against data-driven, professional traders, creating “extreme information asymmetry and meaningful arbitrage windows,” according to a … Read more

Cryptocurrency

Can Panic Wallets Safeguard Holders Against Wrench Attacks?

On Dec. 1 in Val‑d’Oise, France, the father of a Dubai‑based crypto entrepreneur was kidnapped off the street. It was another entry in Jameson Lopp’s directory of 225‑plus verified physical attacks on digital asset holders. The database that Lopp, chief security officer at Bitcoin wallet Casa, has maintained for six years, shows the pace of coercion … Read more

Cryptocurrency

Crypto ETPs Surge With Bitcoin And XRP Inflows: CoinShares

Cryptocurrency investment products maintained upward momentum last week, logging two consecutive weeks of gains following substantial outflows. Crypto exchange-traded products (ETPs) attracted $716 million in inflows, adding to the previous week’s gains of $1 billion, European crypto asset manager CoinShares reported on Monday. “Daily data highlighted minor outflows on Thursday and Friday in what we … Read more

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