Abandoned Wallets Present A Risk to All Digital Wallet Holders NEW YORK, NY / ACCESS Newswire / August 7, 2025 / Salomon Brothers today announced that its client completed the process of inserting notices into digital wallets in connection with its initiative to address the risks posed by abandoned wallets. An estimated .5% of digital
Digital asset exchange operator Bullish raised the target valuation for its initial public offering by almost 60% to potentially $990 million, a move that may reflect growing investor appetite amid renewed momentum in crypto-related stocks. Bullish now plans to sell 30 million shares at $32 to $33 apiece, Bloomberg reported Monday, citing recent regulatory filings
SINGAPORE – At least $2 million has been lost to government official impersonation scams involving cryptocurrency in the first three months of 2025. The police said on Aug 11 that the losses from January to March involved at least 19 reported cases. In this scam variant, victims would receive unsolicited calls from scammers impersonating representatives
Opinion by: Andrei Grachev, managing partner at DWF Labs Bitcoin’s role in sovereign finance is no longer hypothetical. As nation-states reassess reserve strategies amid inflation, sanctions and dollar volatility, crypto, particularly Bitcoin and stablecoins, is emerging as a neutral, programmable asset class with sovereign-grade utility. The properties that crypto can wield for retail users can
By: Ajay Raju The year 2025 marks a defining moment in financial history as cryptocurrency transforms from a niche technological experiment to a mainstream asset class embraced by the world’s most prestigious institutions. What began as Bitcoin’s humble launch in 2009 has culminated in almost $4 trillion global cryptocurrency market that reached historic record
Key Takeaways Bitcoin traded around its record high, helping shares of crypto-related firms move higher. The largest cryptocurrency got a lift last week when President Trump signed an executive order calling for workers to be able to invest in crypto in their 401(k) retirement plans. Shares of Strategy, which is the biggest corporate holder of
The rise of cryptocurrency in India has been nothing short of extraordinary. In the recent past, virtual currencies like Bitcoin, Ethereum, and more recently altcoins have attracted millions of investors from young tech-savvy traders to traditional investors seeking high returns. While this boom has ushered in innovation and money-making opportunities, it has also ushered in
In the period from November 2024 to February 2025, crypto investors saw plenty of evidence of the remarkable upside potential of XRP (XRP 2.66%). In just three months, the price of XRP exploded, from $0.50 to $3.40. Admittedly, the price of XRP has traded back down to the $3 level since then. But there are
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. There are thousands of crypto coins, from bitcoin and Ethereum to litecoin and solana. Just the sheer number of available cryptos can seem overwhelming when you’re new to investing. The top 10 cryptocurrencies listed
Photo-Illustration: New York Magazine; Photos: TMZ/Backgrid, David ‘Dee’ Delgado/Reuters This article was featured in One Great Story, New York’s reading recommendation newsletter. Sign up here to get it nightly. Earlier this year, word spread through the text chains of the insular group of men who own and operate high-end Manhattan nightclubs that two new whales