SEC Slaps Digital Currency Group with $38M Fine for Misleading Investors

Investigation reveals systematic misrepresentation of financial stability, with DCG concealing a potential $1B loss exposure through GGC subsidiary. The settlement includes both monetary penalties and a cease-and-desist order, highlighting SEC’s broader crackdown on crypto misconduct. Case draws parallels to other major financial enforcement actions, demonstrating regulators’ commitment to market transparency. The United States Securities and…

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Top Reasons behind Solana Price Rally Today

Daily transactions on the Solana blockchain rose sharply, while its Total Value Locked (TVL) hit $12 billion, reflecting a 212% weekly increase. Rising spot Solana ETF filings, including the recent by REX Shares and Grayscale, have fueled SOL’s price rally. Analysts expect SOL to break resistance near $260 and enter price discovery. While the rest…

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First-Ever Nasdaq Mining Giant Goes All-In on Bitcoin with $500M Treasury Move

Strategic implementation includes controlled Bitcoin acquisition based on market conditions, with convertible notes at $6 per share and warrants at $7. Company aligns with broader governmental crypto initiatives while positioning itself as pioneer in mining sector’s treasury diversification. Trend reflects growing corporate Bitcoin adoption, following moves by nine major firms in December 2024 and MicroStrategy’s…

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Ripple’s RLUSD Secures Another Listing: Are Coinbase and Binance Next?

Ripple’s RLUSD stablecoin is now listed on Margex, strengthening its role in cross-border payments and crypto trading. CEO Brad Garlinghouse and SVP Jack McDonald foresee RLUSD’s expansion to major exchanges like Coinbase and Binance in 2025. Billionaire Peter Thiel-backed Bullish already offers RLUSD in seven trading pairs, signaling strong market demand and adoption. Ripple’s RLUSD…

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Dogecoin Price Tests Critical Support: Will $0.30 Be Next Stop?

Dogecoin open interest declines by 8.71%, with the long-to-short ratio at 0.90%. Critical support for DOGE price stands at the $0.30 psychological zone. Broader market stabilization could spark recovery to $0.37772 and beyond. Funding rate rise to 0.0103% reflects remaining bullish willingness despite bearish sentiment. Amid the increasing volatility in the crypto market, as Bitcoin…

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Crypto Hackers Stole Nearly $80 Million in January 2025—Here’s What Happened

Phemex exchange suffers major security breach with $69.1M stolen, representing the bulk of January’s crypto losses amid hot wallet vulnerability. BNB Chain emerges as the most targeted network with 50% of all recorded attacks, followed by Ethereum accounting for 25% of incidents. Despite monthly surge, year-over-year crypto theft shows 44.6% decrease from January 2024, indicating…

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El Salvador Defies Critics, Expands Bitcoin Treasury Again

Nation’s dual approach balances traditional financing through IMF’s Extended Fund Facility while maintaining aggressive Bitcoin acquisition strategy. Strategic timing of Bitcoin purchase demonstrates El Salvador’s independence in monetary policy despite international financial pressures. Argentina shows potential for following El Salvador’s lead, with major corporations already holding significant Bitcoin reserves collectively. El Salvador has once again…

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Frax Finance Eyes $5M Investment in Trump-Linked DeFi Platform WLFI

Frax Finance proposes a $5 million investment in Trump-aligned DeFi platform WLFI. The partnership aims to integrate frxUSD into WLFI’s ecosystem, boosting adoption. The proposal has sparked both support and criticism within the crypto community. Renowned DeFi protocol Frax Finance has a $5 million investment in World Liberty Financial (WLFI), a decentralized finance platform tied…

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