dYdX Bridge Closes Leaving 45000 Investors $25M Lost
Over 45,000 investors are locked out of $25 million in ethDYDX tokens after @dYdX closed its migration bridge on June 13, 2025, reducing the total supply significantly. #Update #Crypto $DYDX
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Firm Keyrock Acquires Turing Capital
@Keyrock expands into asset management by acquiring Turing Capital, launching a new division for institutional clients. The firm aims to offer comprehensive digital asset services and has applied for EU regulatory approval. #Update #Crypto $BTC $ETH
Gold Surges to Record $3,700 High
Spot gold hit a record high above $3,700 per ounce amid ongoing market conditions, continuing its recent trend of successive new highs. #Update #Market
Crypto Fund Launches with $250M from Standard Chartered
@StandardChartered’s SC Ventures plans to launch a $250M cryptocurrency fund in 2026, backed by Middle East investors, reflecting increasing institutional interest in digital assets. #Update #Crypto $BTC $SOL
Stablecoins Defend Against Bank Deposit Fears
@Coinbase’s Faryar Shirzad argues stablecoins do not threaten bank deposits, countering U.S. banking claims and emphasizing their efficiency in payments over traditional banking methods. #Update #Crypto $USDT
Russia Revives Barter Amid Sanctions
Russia revives barter trade to bypass Western sanctions, exchanging Chinese cars for grain and flax seeds for raw materials. #Update #Economy
Federal Reserve Approves Stephen Miran Appointment
Stephen Miran confirmed to the Federal Reserve Board of Governors by Senate in a 48-47 vote, serving remainder of a 14-year term from February 1, 2012. #Update #Legal
Crypto PAC Launches with $100M Boost
The Fellowship PAC, a new super PAC, claims over $100M to support pro-Trump candidates and advance crypto policy, despite lacking reported contributions or expenditures. #Update #Crypto
Bitcoin: Dorsey Urges Square Adoption
Jack Dorsey urges @Square users to advocate for Bitcoin payment acceptance as Square plans to launch a Bitcoin checkout option, expanding its crypto services. #Update #Crypto $BTC
Crypto Tech Upskilling for Governments in 2024
The United Nations Development Programme will launch a “Government Blockchain Academy” in partnership with Exponential Science Foundation to educate public sector officials on blockchain and AI, starting in 2026. #Update #Crypto
Bullish Targets $55 with U.S. Entry
@KBW initiated coverage of @Bullish (BLSH) with a market perform rating and $55 price target, citing U.S. expansion and institutional interest as growth catalysts. Shares at $51.81. #Update #Crypto $BLSH
Court Schedules Sam Bankman-Fried Appeal Hearing
Sam Bankman-Fried’s appeal hearing is set for November 4, 2025, as he challenges his 2023 fraud conviction while serving a 25-year sentence. Legal team claims false narratives influenced the trial. #Update #Legal $BTC
Stablecoins Generate 12% Passive Income in 2025
Yield-bearing stablecoins, such as @OndoFinance’s USDY and sDAI, offer passive income but face regulatory hurdles in the US and EU prohibiting interest payments. #Update #Crypto $USDC
Pi Network Launches Final Testnet1 Upgrade
@PiCoreTeam has confirmed a phased upgrade to protocol v23, with Testnet1 moving from v19 to v22. Mainnet updates are expected soon, enhancing transaction stability and functionality. #Update #Crypto