CBDCs Perfect Orwell’s 1984 Surveillance Loop
Global CBDC initiatives may increase central bank control over finances, with the US banning CBDCs while Europe advances its digital euro, set to launch in October 2025. #Update #Crypto $EUR
Crypto News
General category for all types of news related to the cryptocurrency world.
Hyperliquid Surges 126x as Hayes Predicts
@Hyperliquid’s $HYPE gained nearly 4% to $45.64, with Arthur Hayes predicting a 126x increase in three years at WebX 2025. Total DEX volume hit $1.56 billion, marking all-time highs. #Update #Crypto $HYPE
LayerZero Wins Stargate Acquisition Bid War
@LayerZero wins the bid to acquire @Stargate after a community vote approved its $110M proposal with 95% support, despite competition from Wormhole and others. #Update #Crypto $STG
Crypto Soars with Permissioned Scale in Asia-Middle East
Regulatory frameworks in the UAE and India are advancing crypto compliance, with the UAE’s VARA issuing 36 licenses and India reviewing offshore exchange approvals, fostering innovation and market access. #Update #Crypto $BTC $ETH
Crypto Laundering Scheme Hits Record $72M
Taiwanese prosecutors indicted 14 individuals in a $72M cryptocurrency money laundering case, involving over 1,500 victims; they seek to confiscate $39.8M and additional assets. @CoinW denies involvement. #Update #Legal $USDT
IRS Crypto Chief Trish Turner Resigns After 3 Months
Trish Turner has resigned as head of the IRS digital assets division after three months, moving to Crypto Tax Girl as tax director amid ongoing US crypto tax reforms. #Update #Crypto $BTC
Crypto Laundering Scheme Hits Record $72M
Taiwanese prosecutors indicted 14 individuals in a $72M cryptocurrency money laundering case involving over 1,500 victims; $39.8M in assets requested for confiscation. #Breaking #Legal $USDT
Market Sentiment Soars with ChatGPT and Grok
Traders are increasingly using AI models like ChatGPT and Grok for market sentiment analysis over traditional charts, enhancing decision-making speed and clarity in crypto trading. #Update #Crypto $BTC $ETH
Trump’s World Liberty Mints 9% of USD1 Supply
@WorldLibertyFi minted $205 million of its stablecoin USD1, raising its treasury to $548 million after Fed Governor Christopher Waller’s pro-stablecoin speech. #Update #Crypto $USD1
Wormhole Launches $110M Counter to Stargate Bid
@WormholeFdn plans to counter @LayerZero’s $110M bid for Stargate, claiming it undervalues the platform. A bidding war may ensue as Wormhole seeks community support for a more competitive process. #Update #Crypto $STG
Stablecoins Unfrozen in $57M Libra Scandal
A US judge has unfrozen $57.6 million in $USDC linked to the Libra token scandal, allowing defendants Hayden Davis and Ben Chow access to funds amid ongoing lawsuits. #Update #Legal $USDC
Crypto Users Blocked 40% Payments Amid Controversy
Nearly 50% of UK crypto investors report blocked or delayed payments from banks, raising concerns about the country’s competitiveness in digital assets. #Update #Crypto $BTC $ETH
Crypto Groups Oppose Bankers’ GENIUS Act Rewrite
Crypto advocacy groups criticize Wall Street bankers for attempting to alter stablecoin regulations, urging Congress to maintain the integrity of the GENIUS Act. #Update #Crypto
America Party Plans Stalled Amid Controversy
Elon Musk has paused plans for his “America Party,” focusing instead on supporting Vice President JD Vance for the 2028 election, a move that may ease Republican concerns ahead of midterms. #Update #Politics