The Avalanche Foundation has teamed up with Rain to unveil the Avalanche Card, a slick new way to spend crypto wherever Visa’s accepted. Announced in a release shared with crypto.news, this physical-and-digital card lets users tap into USD Coin, Tether Wrapped AVAX, and AVAX for everyday buys—no complicated conversions needed. It’s a practical fix, especially…
Singapore’s Metro department store chain is jumping into the future of shopping, rolling out stablecoin payments for customers both in-store and online at Metro Mall. Thanks to a fresh partnership with local crypto payments firm DTCPAY, shoppers can now use Tether’s USDT, Circle’s USDC, and Worldwide Stablecoin Payment Network’s WUSD to pay for everything from…
While the broader crypto market stumbles, Pi Network is charging ahead, jumping 22% in the last 24 hours to hit $1.90—putting it just 10% below its all-time high of $2.10, set back on February 20 when it first launched. According to CoinMarketCap, trading volume has soared past $700 million in that span, a bright spot…
PayPal’s got ambitious plans for its stablecoin, PayPal USD (PYUSD), aiming to weave it into more of its products and take it global by 2025. A recent Bloomberg report spilled the details: the payment giant wants to roll out PYUSD for cross-border transactions via Hyperwallet, its global payout platform, with payouts expected to go live…
Bitcoin took a nosedive to $86,099, and it wasn’t pretty—$1.06 billion got wiped out across the crypto market in a flash. The carnage hit long positions hardest, with traders betting on a rise losing a brutal $873 million. According to February 26 data from Coinglass, the past 24 hours have been a bloodbath, liquidating 230,000…
Sam Bankman-Fried, the fallen founder of FTX, broke his two-year silence on X with a post on February 25, 2025, sending the price of FTT, the exchange’s native token, up by 30% almost instantly. In his message, Bankman-Fried quipped about ignoring his email for hundreds of days, likening it to government workers facing layoffs. He…
SafeMoon LLC’s Chief Technology Officer, Thomas Smith, pleaded guilty to two criminal charges—securities fraud conspiracy and wire fraud conspiracy—related to a fraud scheme involving the SafeMoon token, according to a court filing on Thursday. The charges arose from an investigation into the company’s alleged misuse of investor funds. Smith was originally indicted in November 2023…
The crypto market is in a full-on panic mode right now, with the Fear and Greed Index plunging to 25—its lowest point since September 2024. That’s a nosedive from 49 just a day ago, flipping the mood from “Neutral” to “Extreme Fear” as Bitcoin slips under $93,000. For context, this index, cooked up by the…
Global crypto exchange OKX is shelling out a hefty $505 million to settle a legal mess after pleading guilty to running an unlicensed money-transmitting business, a violation of U.S. Anti-Money Laundering (AML) laws. The deal comes after a U.S. Department of Justice probe revealed that some American customers were trading on OKX’s global platform—despite the…
U.S. authorities have made a bold move in the fight against cybercrime, seizing $31 million in cryptocurrency connected to the 2021 Uranium Finance hack. The haul marks a significant step in tracking down funds stolen in one of the high-profile breaches that rocked the crypto world a few years back. Details remain scarce, though—officials aren’t…