Grosscrypto News

Nexo to pay $500K fine to California regulator over ‘risky loans’

Nexo to pay $500K fine to California regulator over ‘risky loans’ - Latest Cryptocurrency News

California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.

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Iran’s crypto ecosystem spikes to $7.8B amid mass protests: Chainalysis

Iran’s crypto ecosystem spikes to $7.8B amid mass protests: Chainalysis - Latest Cryptocurrency News

Bitcoin has become an “element of resistance” in Iran, providing liquidity in an increasingly restricted economic environment, says Chainalysis.

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Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’

Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’ - Latest Cryptocurrency News

The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.

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Uniswap lands on OKX’s X Layer as exchange deepens DeFi strategy

Uniswap lands on OKX’s X Layer as exchange deepens DeFi strategy - Latest Cryptocurrency News

The integration marks a key step in the crypto exchange's second-phase rollout, bringing Uniswap’s markets directly to its layer-2 network.

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Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out

Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out - Latest Cryptocurrency News

Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders watched from the sidelines. Will TradFi reignite the rally to $100,000?

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ETH’s next stop could be $4.1K, but this must happen first

ETH’s next stop could be $4.1K, but this must happen first - Latest Cryptocurrency News

An emerging ETH futures trend is predicting an Ether price rally to $4,100, but other data says the altcoin is overdue for a slight correction.

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West Virginia lawmaker introduces bill to allow state crypto investments

West Virginia lawmaker introduces bill to allow state crypto investments - Latest Cryptocurrency News

The legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of January.

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Behind the ‘Bitcoin lottery’ myth: NiceHash clarifies untagged BTC blocks

Behind the ‘Bitcoin lottery’ myth: NiceHash clarifies untagged BTC blocks - Latest Cryptocurrency News

Untagged Bitcoin blocks sparked solo-miner speculation before NiceHash confirmed they were mined during internal testing, highlighting limits of onchain attribution.

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Coinbase CEO expects market structure bill markup ‘in a few weeks‘

Coinbase CEO expects market structure bill markup ‘in a few weeks‘ - Latest Cryptocurrency News

Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't “support the bill as written,“ potentially leading to a postponement in consideration.

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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks - Latest Cryptocurrency News

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.

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