Donald Trump floats making Elon Musk a Cabinet member
After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025.
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UwU Lend hit by $20 million crypto hack
The ongoing exploit has already netted the attacker nearly $20 million in digital assets.

Algorand becomes first US blockchain sponsor of FIFA World Cup
The proof-of-stake blockchain will assist FIFA in developing a “digital assets’ strategy” along with providing an official “wallet solution”. 220 Total views 2 Total shares Blockchain network Algorand (ALGO) has partnered with FIFA inking a sponsorship and technical partner deal as the network becomes the soccer association’s first official blockchain platform.The deal announced on Monday,…

Bitfinex Attempts to Recover $880 Million in New Court Filing
IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or parties through the law of civil procedure before the actual trial. According to the application and supporting declaration by Bitfinex…

Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’
Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Good” PPI boosts risk assetsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs.Volatility had returned an hour before the open…

Bitcoin hodlers targeting $100K is what’s preventing 40% price drawdown, data suggests
Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says.In a series of tweets on April 19, popular analyst Root argued that there is “no real reason” for a dramatic Bitcoin sell-off.No major selling from "maturing" hodlersBitcoin has yet to wow the market…

Why Did Crypto Market Experience a $27 Billion Wipeout? Experts Discuss Factors
On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day.Source: CoinMarketCap.comFueled by the 18 percent drop in the price of Bitcoin Cash (BCH), every major cryptocurrency in the global market started to record intense sell-offs.Bitcoin, which…

Solana upgrades will strengthen network but squeeze validators — VanEck
Solana’s planned protocol upgrades are important for the network’s long-term health but could deal a blow to validators’ earnings, according to asset manager VanEck. In March, Solana’s validators will vote on two proposed upgrades — known as Solana Improvement Documents (SIMDs) — to the blockchain protocol designed to ensure rewards for stakers and adjust the

Crypto Exchange Coinbase Pro Is Adding Support for Orchid Trading
Major American cryptocurrency exchange Coinbase is adding support for Orchid (OXT) on its professional trading platform Coinbase Pro.According to a blog post published by Coinbase on Dec. 12, Coinbase Pro will start accepting OXT deposits starting Friday, Dec. 13, “for at least 12 hours prior to enabling full trading.” The company also noted:“Once sufficient supply…