Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Metaplanet Eyes Massive ¥5.55 Trillion Crypto Push but Will It Actually Happen?

Key Takeaways: Metaplanet seeks shareholder approval to issue up to ¥5.55 trillion ($35B) in preferred shares. The capital raise is tied to an aggressive plan to acquire 210,000 BTC by 2027. Despite the filing, no official decision has been made to issue the shares or list them. In a bold move that could reshape Japan’s…
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Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%

Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market.

UK regulator lifts ban on crypto ETNs for retail investors

After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail.

PNC Joins Coinbase Onchain Push, Are U.S. Banks Quietly Building a Crypto Banking Layer?

Key Takeaways: Coinbase partners with PNC Bank, signaling deeper U.S. banking adoption of onchain infrastructure. The deal enables crypto-native features like wallet integrations and tokenized access, a major step for regional banks. More banks are expected to follow, accelerating the shift toward crypto-banking as regulatory clarity improves. A quiet but significant move just reshaped the…
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New to Crypto and Already Regretting It? Read This

One thing I wish more people told me when I started when i was new to crypto was, it’s okay to feel lost, scared at some points, or unsure especially during a dip. I can vividly remember my first few weeks in crypto. I came in when everything was green, people were doubling their capital…
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Crypto Disaster: Qubetics Token Crashes Nearly 100%—Possible Rug Pull

A sudden crash in the TICS token has shaken confidence in Qubetics, the blockchain project that promised to bring together Bitcoin, Ethereum and Solana networks. Based on reports, the token plunged 97% after a failed airdrop launch. Investors who hoped for quick gains were left scrambling to understand what went wrong on July 30 and 31. Related Reading: XRP Traders Pull Back $2.4B—Brace For Impact Or Buy The Dip? Technical Glitch Sparks Token Collapse According to Qubetics’ own statement, a “critical error” hit the vesting contract during the live airdrop. The plan was to unlock 10% of tokens right away and then release 90% over the next 90 days at a rate of 1% per day. At first, TICS surged 950% to hit $2.16. But once users saw far less than their expected share—some got only 1% instead of 10%—selling pressure kicked in hard. By the end of Thursday, the price had tumbled almost back to zero. The initial 10% of your $TICS tokens has been successfully distributed. The remaining 90% will be released gradually, with 1% delivered daily over the next 90 days. To successfully interact with your TICS tokens, it is essential to add the Qubetics custom network to your wallet.… pic.twitter.com/IR22LHAiXD — QUBETICS (@qubetics) July 31, 2025 Within hours, community forums lit up with cries of foul play. Many wallets showed a fraction of what they should have received. Heavy sell-offs by early holders made matters worse. Based on reports, the token’s crash was as much about panic selling as it was about the initial coding mistake. Community Accusations Grow Loud Rumors swirled that presale investors once bought in at $0.33 per token, with promises of a 20% bump on listing day. Instead, TICS opened its trading at $0.19 on July 24 and then slipped to $0.06 within a week. Some users accused the team of holding back tokens, while others claimed insiders dumped large amounts on the market. On X, dozens of comments called Qubetics “scammers” and accused the team of a “rug-pull.” Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert Team Promises Full Distribution In response, Qubetics said it will issue a full report on the mishap and ensure all eligible wallets get their full allocation. They stressed that the error came from Antier, the outside firm handling smart contracts, not the core team. The announcement reaffirmed their commitment to build a layer-1 network that aggregates the Web3 ecosystem. Roadmap items include cross-chain bridges and on-chain governance tools. Even now, the team insists that long-term holders will see value once the tokens flow correctly and the network goes live. It’s a big “if” for many investors, but Qubetics said it is sticking to its plan. Featured image from Unsplash, chart from TradingView

Trump Slaps Brazil and Canada With 50% and 35% Tariffs; Mexico Gets Breathing Room

President Donald Trump finally made tariffs against Brazil official, slapping the South American nation with a 50% levy on imports. In the same way, Trump also announced 35% tariffs on Canada, the U.S.’s second-largest trading partner, while Mexico obtained more time to discuss a better trade agreement. Trump Lashes Out at Brazil and Canada With […]

State of stablecoins after GENIUS Act: Expert weighs in

Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation.

GENIUS sets new stablecoin rules but remains vague on foreign issuers

The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad.

Tether’s US Treasury holdings hit $127B, surpassing South Korea

Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows.