New York targets prediction markets as Polymarket inks Rangers deal
TL;DR New York debates ORACLE Act to regulate prediction markets. Polymarket signs major sponsorship deal with New York Rangers. New rules would significantly impact popular sports
CryptoNews (Latest Publications)
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Bank of America Rises Coinbase Rating While Warning of Binance US Threat
Bank of America upgraded Coinbase to “Buy,” keeping the price target at $340 per share. Analysts highlighted the exchange’s position as a leader in tokenization and
South Korea’s Bank-Issued Stablecoin Plan Runs Into Political Resistance
The Financial Services Commission (FSC) of South Korea supports the issuance of stablecoins by bank–led consortia. Banks must maintain majority ownership, although a tech company can
Mantle Vault Reaches $100M AUM on Bybit’s On-Chain Earn Platform
Bybit reported that Mantle Vault surpassed $100 million in assets under management, less than three weeks after its launch on Bybit On-Chain Earn.
CertiK Reports Suspicious Transactions Involving Truebit Protocol
CertiK reported that the address 0x6C8EC8f14bE7C01672d31CFa5f2CEfeAB2562b50, linked to the Truebit protocol, withdrew 8,535 ETH, about $26.4 million, consolidating the funds into a single wallet.
South Korea Rules Bitcoin Held on Exchanges Is Subject to Criminal Seizure
TL;DR South Korea’s Supreme Court ruled Bitcoin held on exchanges can be seized in criminal investigations, rejecting a claim that only physical objects qualify. The court
Upexi Moves Toward a Yield-Focused Strategy as Solana Treasury Grows
TL;DR Upexi will implement a risk-adjusted high-yield strategy for its Solana treasury in 2026, aiming to increase returns. The company holds 2,174,583 SOL, 3.2% more than
Optimism Targets DAO Funding Issues With OP Buyback Strategy
TL;DR Optimism proposes using 50% of Superchain revenue for monthly OP buybacks, beginning in February if governance approves the plan on January 22. Optimism says the
ETH and XRP Remain Stable as BlockDAG Approaches January 26 Presale Deadline
As 2025 moves toward its final stretch, market participants continue monitoring assets that show steady price behavior amid shifting liquidity conditions. The Ethereum current price remains
Crypto.com and Stripe link up to push crypto payments for merchants
TL;DR Crypto.com and Stripe partner for global crypto payments integration. Merchants can accept crypto, settled as local fiat automatically. Builds on Stripe’s existing stablecoin accounts and
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