Tuesday, February 3

Crypto

Bitcoin Helps USD’s Reserve Status: Coinbase CEO

Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance.“[Bitcoin] provides a check and balance on the dollar in the…

Crypto Industry Backlash to California Billionaire Tax

A proposed 5% tax on billionaires’ wealth in California has drawn a strong response from crypto executives, who argue it would trigger an exodus of entrepreneurs and capital flight, and would be wasted anyway.The ballot initiative, known as the 2026…

Hackers Give Rainbow Six Siege Players 2B Credits Each

French video gaming giant Ubisoft has been forced to halt the live services of Rainbow Six Siege after hackers breached the game and dished out 2 billion in-game credits to every player.The exploit was initially confirmed by the team via…

Flow Validators Urged To Halt Work After Chain Rollback

deBridge founder Alex Smirnov has urged validators on the Flow blockchain to stop processing transactions until the Flow Foundation devises a remediation plan for users impacted by its controversial rollback of the chain.The rollback was in response to the theft…

2026 Will Be the Year of the Utility Token

For Animoca Brands co‑founder Yat Siu, 2025 will be remembered as “the Trump year,” not because US President Donald Trump saved crypto, but because the industry bet too heavily on him and mispriced everything from tariffs to rate cuts.Trump was…

Bitcoin Faces a Race to Secure a Green 2025 Yearly Candle

Bitcoin (BTC) eyed weekend highs into Sunday’s weekly close with the yearly candle in focus.Key points:Bitcoin sees an eerily calm weekend as analysis eyes a three-day bullish divergence locking in.It may take until the new year for capital to redeploy…

Bitcoin ETFs Shed 2M Over Christmas Week as Outflows Extend

Spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows over Christmas week, with investors pulling a combined $782 million from the products, according to data from SoSoValue. The most significant single-day withdrawal during the period occurred on Friday, when spot Bitcoin…

Uniswap Burns 6M in UNI After Fee Switch Governance Vote

Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury.Onchain data shows the burn transaction was completed at around…

Bitcoin Doesn’t Need Gold And Silver To ‘Slow Down’

Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts.“Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that…

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