Injective brings largest publicly traded stocks on-chain with new TradFi index
Injective is taking another step toward narrowing the gap between traditional finance and decentralized finance by bringing stocks of the largest publicly traded companies on-chain. The layer-1 blockchain has introduced the TradFi Stocks Index, an on-chain index that will track some of the world’s largest publicly traded companies, including Amazon, Apple, Microsoft, and Goldman Sachs. […]
Roskomnadzor bans Russia’s largest crypto OTC aggregator
Russia’s communications watchdog Roskomnadzor has blocked access to the country’s largest crypto aggregator platform. The Russian telecoms watchdog Roskomnadzor has blocked access to BestChange, one of the largest crypto over-the-counter aggregators in Eastern Europe and Russia. As of press time, the regulator hasn’t explained the reason, though the website is on the list of blocked […]
Coinbase would rank 21st largest U.S. banks
Coinbase CEO Brian Armstrong highlighted the company’s growing financial footprint, comparing its holdings to major U.S. banks and brokerages. In a post on X, Armstrong stated that Coinbase now holds approximately $420 billion in customer assets. This would make it the 21st largest bank in the U.S. by total assets. If categorized as a brokerage, […]
‘This too shall pass’ amid single largest crypto liquidation event
Richard Teng, CEO of Binance, said volatility would become less relevant as crypto markets mature and projects grow larger. Teng, who succeeded Binance founder Changpeng Zhao as CEO, encouraged crypto users to weather oongoing volatility and focus on skill-building while markets slumped. More than $2 billion in liquidations within 24 hours sent cryptocurrency prices plunging, […]
HAQQ co-founder says Indonesia could be the largest crypto hub in Asia
In an exclusive interview with crypto.news, Mohammed AlKaff AlHashmi, talks about Indonesia’s potential as a crypto hub after receiving regulatory approval for the HAQQ’s native token from the country’s FSA. Indonesia is currently ranked as the third-highest country in terms of crypto adoption, according to Chainalysis. Less than 8% of the population is said to […]
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase. Source link
Russia’s largest power grid operator Rosseti to support Bitcoin mining
Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy capacity while driving additional revenue streams. A translated statement cited in the report states: “The […]
Hackers steal $70m from Phemex in 2025’s largest attack so far
Singapore-headquartered crypto exchange Phemex is investigating a $70 million hot wallet exploit as hackers continue to siphon funds into Ethereum wallets. Blockchain analytics firm PeckShield reported that Phemex lost $69.1 million in a Jan. 23 exploit targeting the exchange’s hot wallets, marking what appears to be the largest crypto hack of 2025 so far. In […]
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical failures that occurred during the martial law declaration in December, Korean news agency Yonhap reports. […]
Huione, company behind largest illicit online marketplace, launches stablecoin: report
Huione Group, a Cambodian conglomerate linked to the largest illicit online marketplace, has launched its own stablecoin, USDH. The news comes via an Elliptic report and comes despite ongoing scrutiny of its subsidiary, Huione Guarantee, a Telegram-based platform serving cybercriminals in Southeast Asia Elliptic’s research revealed that Huione Guarantee has facilitated at least $24 billion […]
