Author: James Wilson

The cryptocurrency world saw a flurry of major developments this week, spanning politics, regulation, corporate moves, and market adoption. In addition to Bo Hines’ resignation from the Council of Advisors for Digital Assets, high-profile legal cases against Tornado Cash’s creator and Binance founder Changpeng Zhao advanced. Meanwhile, market players from Coinbase to Animoca Brands unveiled new ventures, universities made big Bitcoin moves, and President Trump authorized cryptocurrency in retirement plans. Here’s a breakdown of the top stories shaping the digital asset landscape right now. Summary Trump signs executive order permitting crypto investments in 401(k) plans Ripple and SEC voluntarily dismiss…

The Embargo ransomware group has stolen $34.2 million since emerging in April 2024, targeting victims across the healthcare, business services, and manufacturing sectors, according to TRM Labs research. Most victims are located in the U.S., with ransom demands reaching up to $1.3 million per attack. The cybercrime group has hit major targets, including American Associated Pharmacies, Memorial Hospital and Manor in Georgia, and Weiser Memorial Hospital in Idaho. TRM Labs identified approximately $18.8 million in victim funds that remain dormant in unattributed wallets. BlackCat connection suspected According to TRM Labs, Embargo may be a rebranded version of the defunct BlackCat…

That was fast. Bo Hines, executive director of the Council of Advisors on Digital Assets, stunned Washington, D.C. and the crypto community alike by announcing his sudden resignation on Saturday, Aug. 9, after serving only seven months. Hines’ unexpected departure has fueled speculation about the reasons behind his brief tenure and what this means for the future of U.S. cryptocurrency policy. As questions swirl around his backstory and next moves, Hines’s role during a pivotal period in American crypto regulation remains a subject of debate. Summary Bo Hines worked as an exec in the Council of Advisors on Digital Assets…

GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X, raising questions about the company’s commitment to cryptocurrency after accumulating $500 million in Bitcoin. This social media shift comes as GameStop sits on over $8.5 billion in cash reserves with a $10 billion market cap but has halted Bitcoin (BTC) purchases since May. “What the hell is going on over at GameStop?” posted analyst The Bitcoin Therapist, noting Cohen’s withdrawal from Bitcoin social media engagement following the company’s initial entry into cryptocurrency investments. JUST IN: Ryan Cohen no longer follows any Bitcoin accounts and GameStop now sits on over…

Hedera Hashgraph is enjoying a rally, fueled by a perfect storm of bullish technical patterns and on-chain recovery signs — from a double bottom and golden cross to rebounding stablecoin supply and surging DeFi activity — setting the stage for a potential run toward January’s highs. Summary HBAR price has formed a golden cross pattern on the daily chart. It has also formed a bullish pennant pattern whose two lines are nearing their convergence.  Hedera Hashgraph’s stablecoin supply has started to rebound. Hedera (HBAR) token rose to a high of $0.2650 on Sunday, Aug. 10, up by 16% from its…

The Pepe price continued its recovery this week, jumping for four consecutive days amid whale accumulation and an Ethereum rebound. Summary Pepe Coin price has bounced back in the past four consecutive days. Data shows that whale and smart money investors are accumulating. Technicals suggest that it has more upside in the near term. Whales are buying Pepe tokens Pepe (PEPE) token rose to $0.000012 on Saturday, Aug. 9, its highest level since July 28 and 135% above the lowest point this year. Nansen data shows that whales have continued to buy the recent dip, with their holdings jumping to…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent surge in cryptocurrency kidnappings in France has exposed a chilling trend: digital threats are no longer confined to cyberspace. Criminals are now leveraging online information to observe this shift, with several abduction attempts reported across the sector this year alone. This merging of cyber and real-world security challenges demands a fundamental change in how we think about security. Summary Digital exposure creates physical risk. Every day, sharing on social media, fitness apps, or professional platforms…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Savvy Mining now lets users mine BTC with XRP, SOL, offering up to $10k daily passive income. Summary SAVVY MINING now lets users mine BTC with XRP and SOL for daily passive income. XRP and SOL rally boosts interest in BTC mining contracts via SAVVY MINING. Cloud mining tech opens BTC earnings to XRP and SOL holders worldwide. Amid the surge in both XRP and Solana (SOL) prices, SAVVY MINING, the world’s leading cloud mining platform, announced full support…

Despite Ethereum’s price surge and a record-setting $2.5 million CryptoPunks sale, the NFT market is in steep retreat — with sales down 11% to $134.9 million and buyer and seller counts collapsing by about 90%, signaling a sharp contraction in participation across nearly all major blockchains. Summary NFT sales declined 11% to $134.9 million despite Ethereum’s 19% price surge. Market participation collapsed with buyer and seller counts dropping by approximately 90%. CryptoPunks #1021 set a new high-water mark with a 720 ETH sale worth $2.5 million. Where are all the NFT buyers? According to data from CryptoSlam, market participation has…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders eye LILPEPE, SEI, and ARB as altcoins set for explosive Q4 2025 gains amid BTC consolidation. Summary Bitcoin consolidates as traders target LILPEPE, SEI, and ARB for Q4 gains. Mid- and low-cap altcoins like LILPEPE, SEI, and ARB are poised for big moves in 2025. Q4 2025 bullish market could boost LILPEPE, SEI, and ARB to triple-digit gains. The crypto market is setting up for what could be one of the most volatile and rewarding runs in recent…