Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year. The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to
On Wednesday, July 9, 2025, the financial news headlines pronounced that bitcoin had reached a new record high. Consider an CNBC story titled “Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally,” which reads, “Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price
The jump in Bitcoin prices is part of a broader upward trend. Since Trump’s re-election in November, Bitcoin has continued to climb steadily, its market capitalisation now surpassing even that of Google. It is not just Bitcoin. Total crypto market capitalisation has grown from under $2.5 trillion in June 2024 to $3.7 trillion now. These
In a development that has again raised red flags over United States President Donald Trump’s conflict of interest in the cryptocurrency space, Bloomberg reported that Binance aided in the creation and promotion of the USD1 token for World Liberty Financial, before its founder sought pardon. According to sources cited by Bloomberg, the world’s largest crypto
XRP’s battle with the SEC continues to drag on, keeping its price action choppy and its future unclear. As July heats up, on-chain data is beginning to reveal a powerful new trend: smart wallets are moving capital out of XRP and into a rising DeFi infrastructure token that’s gaining serious momentum. That token is Mutuum
A crypto hacker who stole tens of millions of dollars from the decentralized crypto perpetuals exchange GMX (GMX) is turning white hat by returning the stolen funds to collect a bounty. In a new thread on the social media platform X, GMX says the hacker who stole $42 million worth of crypto assets earlier this
In a week marked by watershed shed developments across the cryptoverse, Bitcoin price soared to a new all-time high, braving a slew of macroeconomic headwinds from Trump tariffs. Cryptocurrency ETFs latched onto Bitcoin’s rally to post impressive figures while Ripple inked a historic deal with BNY Mellon to custody its RLUSD reserves. Bitcoin Spikes To
“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania. The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year’s $230 million hack. In an affidavit filed as
Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin’s 11.5% surge follows Bitcoin’s $118,000 milestone, creating optimistic conditions for new crypto listings. Bitcoin’s rally generates widespread market momentum, encouraging investor confidence in digital asset investments. Enhanced market sentiment supports strategic timing for emerging cryptocurrency projects seeking institutional backing. Federal Reserve
Join Our Telegram channel to stay up to date on breaking news coverage The global crypto market cap stands at $3.66 trillion, reflecting a 0.8% drop over the past day. However, this figure is higher than the market’s $3.2 trillion from three weeks ago. Recent shifts indicate renewed investor interest, potentially setting the stage for