Stablecoin adoption, ETFs to propel crypto performance in 2025: Citi

A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630 million and more than $1…

Ether (ETH) continued its stellar run and crossed the $3,500 barrier today. Dogecoin (DOGE) also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro. Traders may be buying DOGE with the expectation that Elon Musk will shill the…

Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations. 357 Total views 4 Total shares Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The…

The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.

UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets. 596 Total views 3 Total shares Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues.In a note sent to clients last week, the global wealth management…

This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.On a positive note, a CryptoPunk that was donated to Aid For Ukraine sold for…

Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. 186 Total views 3 Total shares Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the…

Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.