Author: James Wilson

Ukrainian authorities have blocked access to Kuna, the country’s first crypto exchange, operational since 2014. Kuna, Ukraine’s oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation. The news came from Kuna’s founder and CEO, Michael Chobanian, who said in Telegram posts that he wasn’t informed by authorities and only found out about the ban when users started reporting the issue. The restriction follows an order issued by Ukraine’s State Service of Special Communications and Information Protection. The order directs Ukrainian’s internet service providers to block access to Kuna’s domain as…

Buttcoin, a Solana meme coin parodying Bitcoin, is up a staggering 150% in the last 24 hours.  Buttcoin (BUTTCOIN) has surged 150% in the past 24 hours, yet still trading at $0.0002624, 95% below its all-time high of $0.005723 reached on Jan. 6, according to CoinGecko. With a market cap of just $271,577, Buttcoin has seen a 2,740.60% increase in trading volume, hitting $1,691,174 million in the last 24 hours. Buttcoin is gaining traction after a viral video from 11 years ago resurfaced on X, claiming to be the origin of Buttcoin’s lore. The coin was also mentioned on The…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto scams are surging across the United States, with the FBI’s latest cryptocurrency report revealing that Americans lost a staggering $5.6 billion in 2023—a worrying 45% increase from 2022. Alarmingly, older adults, particularly those over 65, were hit hardest, collectively losing more than $1.6 billion. California has borne the brunt of these losses, recording the highest state total at $1.1 billion. What makes these losses even more striking is the volume of financial fraud complaints received by…

South Korea’s largest crypto exchange launches trading support for the Virtuals Protocol token on its platform on Jan. 31, catapulting it by 20%. In recent notice, Upbit announced that VIRTUAL (VIRTUAL) will debut on its platform on Jan. 31 at 20:00 KST. The token will be available for trading on Korean won, Bitcoin (BTC) and Tether (USDT) markets. The crypto exchange supports trading for VIRTUAL on the Base (BASE) network or VIRTUAL-Base. Shortly after Upbit announced that it will be adding the AI agent network’s token, VIRTUAL saw its price leap as high as 20%, from $2.04 to $2.40. However…

On Jan. 30, 2025, several crypto influencer accounts celebrated the solo miner who managed to solve a block and grabbed the entire reward of 3.146 BTC for themselves. However, it turned out that the hashrate of the solo miner was donated by the 300+ members in a fundraiser for 256 Foundation. Several X accounts and at least one news outlet wrote about a “lucky” solo miner who won the entire mining reward of over 3.1 BTC. The Bitcoin Historian account on X claimed that the $400 worth home miner managed to solve a block with a reward worth $330,000. Later,…

Automated trading fueled 70% of stablecoin transaction volume last year, with Base surpassing Ethereum due to bot-driven activity, a survey reveals. A new survey by crypto exchange CEX.IO, which cited Allium’s data, reveals that automated trading bots handled 70% of stablecoin transaction volume in 2024, based on an analysis of blockchain activity across Ethereum, Base, and Solana. Per the exchange, on average, 77% of 2024’s total stablecoin transaction volume fell into the unadjusted category, largely driven by bot transactions. Stablecoin transaction volume | Source: Allium The bot activity experienced a fourfold increase compared to 2023, increasing its share from 80%…

Compact Games NFT launches its collection of ‘virtual game CDs’ for traders to mint and run on desktop and mobile devices starting from Jan. 31. Available on the NFT marketplace Magic Eden, Compact Games offers traders a collection of 33 unique games to choose from, each with four kinds of rarities: standard, bronze, silver and gold. The games featured on the Compact Games NFT site have an arcade-style of gameplay, similar to the classic mobile games such as Candy Crush or Flappy Bird. Some of the titles shown are The Witch, Spirit Halloween, Shumii, and Moonsheep. Not only that, a…

With institutional involvement and shifting market dynamics, analysts believe Bitcoin’s bull market could outlast past cycles, extending past 2025. Bitcoin’s (BTC) future might break from its usual cycle, with analysts suggesting that past steep corrections could be a thing of the past. In an X post on Jan. 31, analysts at Singapore-based blockchain firm Matrixport suggested that with Wall Street stepping in, Bitcoin’s bull market could extend well beyond 2025. The largest crypto by market capitalization typically follows a predictable pattern: three strong years, followed by a sharp correction of at least 70%. But this time could be different, the…

After three years in development, Dr Disrespect’s Midnight Society is shutting down, marking the end of its NFT-driven game project Deadrop. Video game YouTuber Dr Disrespect’s vision for a community-driven NFT shooter has come to an end. Midnight Society, the game studio co-founded by Guy “Dr Disrespect” Beahm, is shutting down. “Today we are announcing Midnight Society will be closing its doors after three incredible years,” the studio said in a Thursday announcement on X. More than 55 developers worked on its only game, Deadrop, which will never see release. Deadrop was an ambitious PvPvE extraction shooter set in a…

Bitcoin is moving with macro conditions. If U.S. labor data signals weakness, the Fed may step in—potentially pushing Bitcoin higher. Bitcoin’s (BTC) next move could hinge on upcoming U.S. labor market data, as macro conditions continue to shape liquidity and risk sentiment. Quantitative analyst Benjamin Cowen suggests the unemployment rate will be a key factor, predicting that if it stays within the 4.1%-4.2% range, Bitcoin could follow last year’s path and rally into February and March. However, a rate that is too high or too low could create uncertainty, affecting bond yields, Federal Reserve policy expectations, and ultimately, Bitcoin’s price action.…