Crypto mining stocks have closed down for the second consecutive day as major tech stocks regained their footing after the US market was rocked by an artificial intelligence model from China’s DeepSeek, triggering concerns about the overvaluation of the country’s AI scene. Crypto mining firm Riot Platforms (RIOT) closed down 4.37% on Jan. 28, while…
US President Donald Trump’s executive order on the country’s leadership in digital financial technology has escalated the European Union’s concerns around US dollar dominance in the stablecoin market. European Central Bank (ECB) executive board member Piero Cipollone addressed the digital euro’s role in supporting Europe’s financial and strategic autonomy at a panel of the 13th ILF Conference…
The cryptocurrency industry has seen remarkable growth over the last few years, with the total market cap way past $3 trillion. However, the space still grapples with issues that may unsettle both novice and experienced users. Security vulnerabilities are a constant threat. Hackers can exploit vulnerabilities to steal funds or personal data, with such incidents causing…
Decentralized identity platform Humanity Protocol has secured $20 million in venture funding to compete with the likes of World Network in the push for onchain identity solutions. Humanity’s funding round was backed by venture capital firms Pantera Capital and Jump Crypto at a fully diluted valuation of $1.1 billion. The funds will be used to…
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA). On Jan. 27, OKX announced that it had received its full MiCA license through its dedicated crypto hub in Malta, while Crypto.com also received its full MiCA license on the same day. Granted by the Malta Financial Services Authority (MFSA), the…
US President Donald Trump’s recent foray into the memecoin market drove Google search interest for the term “crypto” to its highest level since 2021. On Jan. 18, Trump launched an official memecoin project just two days before his inauguration. Following the launch of the Official Trump (TRUMP) token, First Lady Melania Trump also launched a self-titled memecoin,…