By Matt Wirz and Katy BarnatoThe Federal Reserve kept interest rates on hold Wednesday afternoon but Chair Jerome Powell and other members of the central bank struck a more hawkish tone than some investors expected, causing markets to wobble.Stock and bond prices were rising steadily until the midaf
Officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million “linked to cryptocurrency investment scams.”In a Wednesday notice, the DOJ said it had filed a civil forfeiture complaint against more than $225.3 million in cryptocurrency. In the US le
Today in crypto, China’s central bank is establishing an international operations center to broaden the global reach of its digital yuan. In Iran, crypto exchange Nobitex was reportedly hacked by a group linked to Israel. Meanwhile, several publicly traded companies have raised hundreds of millions
Telegram founder Pavel Durov warned that France may experience a societal collapse if it continues down its current political trajectory of censorship and regulatory policies during an interview on Wednesday.“Emmanuel Macron isn’t making the right choices. I’m very disappointed. France is getting we
The United States Federal Reserve decided to keep general interest rates unchanged at 4.25% to 4.5% – a move that was largely expected by the broader market.In fact, as CryptoPotatoreportedyesterday, more than 98% of the volume on Polymarket regarding potential rate cuts was betting on “no change.”
Ethena Labs, the developer of the synthetic dollar USDtb, and real-world asset tokenization firm Securitize have enabled round-the-clock atomic transfers between BlackRock’s tokenized fund BUIDL and Ethena’s stablecoin, which the fund backs."Through the USDtb Liquidity Fund, qualified participants o
Polygon co-founder Jordi Baylina and the team behind Polygon’s zkEVM have transitioned into an independent venture dubbed Zisk, just as the foundation prepares to wind down the underused zero-knowledge EVM network.ZisK will focus on a low-latency, open-source zkVM proving technology, Baylina said in
Key points:Bitcoin sees light relief as US President Trump reveals that Iran had been in touch.Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting.Order books show BTC price action ripe for liquidity grabs.Bitcoin returned to $10
The Nasdaq-listed Bitcoin mining firm Bitdeer Technologies Group aims to raise $330 million in its third convertible notes offering.Bitdeer investors would get 4.875% annual interest on the purchased notes until 2031, with the ability to convert their notes 25% higher than the firm's current stock p
A massive investigation involving the U.S. Secret Service, Federal Bureau of Investigation, and the U.S. Attorney’s Office has resulted in an order to seize roughly $225 million in crypto, the authorities announced jointly on Wednesday."This seizure of $225.3 million in funds linked to cryptocurrenc
A crypto scam that used Facebook ads to target Russian-speaking residents of New York City has been disrupted, according to local authorities who said on Wednesday they had both seized and frozen funds."Stolen cryptocurrency was sent to domain registrars as payment to create fake cryptocurrency inve
The tension in the Middle East doesn’t seem to be nearing a conclusive end as Iran’s Supreme Leader said his nation will not surrender despite US President Trump’s recommendations yesterday.In the meantime, BTC’s price continues to feel the consequences of yet another global turmoil as it fell below
After multiple failed attempts to break above the $108K resistance, Bitcoin is consolidating within a tightening range, showing signs of distribution. The market is caught between two liquidity zones: the buy-side above $108K and the sell-side beneath $100K, while the price slowly gravitates toward
Today in crypto, Iranian crypto exchange Nobitex was hacked by an Israeli-linked group, multiple public companies raised hundreds of millions of dollars to buy crypto, and the US Senate passed the GENIUS Act stablecoin bill.Iranian exchange Nobitex hacked for over $81 million by Israel-linked hacker
Iranian cryptocurrency exchange Nobitex appears to have been exploited for over $81 million across Tron and EVM-compatible chains, according to onchain sleuth ZachXBT.ZachXBT initially reported $48.65 million in suspicious outflows from wallets linked to the platform on the Tron network, later updat
Nobitex, Iran's largest crypto exchange, appeared to have suffered a major security breach on Wednesday, resulting in over $48 million in losses, according to blockchain sleuth ZachXBT.After the incident surfaced, Gonjeshke Darande, also known as Predatory Sparrow, a pro-Israel hacktivist group, cla
Update, June 18, 8:01 am UTC: This article has been updated to include a section on Gonjeshke Darande.Update June 18, 8:49 am UTC: This article has been updated to include the latest figures and quotes from Cyvers.Iran-based cryptocurrency exchange Nobitex has been hacked for more than $81 million o
By Dow Jones Newswires StaffGlobal stock markets were muted Wednesday, while oil slipped along with the dollar. Oil's slight decline came even as the conflict between Israel and Iran entered its sixth day and after President Trump warned he is losing patience with Iran.Broader markets were mixed as
The volatile bitcoin price moves continued in the past 24 hours due to the quickly developing situation in the Middle East, but the asset seemed to have calmed at around $105,000.However, more fluctuations are expected today as the US Federal Reserve concludes its fourth FOMC meeting of the year, al
Iran's largest cryptocurrency exchange Nobitex suffered a major security breach that drained approximately $82 million from its digital wallets, with an Israeli-linked hacking group claiming responsibility for the attack.Predatory Sparrow Hackers Hit Iran With $82M Crypto HeistThe group known as Gon