Tag: Breaking

SoFi Bank went live on September 22, transitioning its entire $25 billion card program to settle transactions on Mastercard’s network using its own stablecoin, SoFiUSD. While the underlying network mechanics leverage SoFiUSD, merchants never touch the stablecoin, receiving instant, 24/7, and free-to-withdraw traditional fiat dollars directly into a SoFi Bank account. The integration allows participating merchants to access instantaneous...

Cryptocurrency exchange Bitget has temporarily suspended all user withdrawals following a major security breach. On-chain data and security monitors estimate the total losses from the exploit to be approximately $352 million. The platform’s engineering team is currently investigating the incident to secure remaining funds and trace the stolen assets. Major cryptocurrency derivatives and spot exchange Bitget has been forced to...

Privacy coin Zcash (ZEC) experienced a dramatic market surge, touching a notable multi-year high of $1,600. The sharp price movement underscores a broader resurgence in market demand for zero-knowledge privacy-preserving digital assets. Traders and analysts continue to monitor on-chain metrics and liquidity shifts as volatility remains elevated across major altcoin sectors. Privacy-focused cryptocurrency Zcash (ZEC) surged to a milestone of...

Bitcoin retreated from a local high above $87,000 following renewed macroeconomic pressures. CME FedWatch data began pointing toward a potential shift in interest rate expectations by the U.S. Federal Reserve. Traders and analysts continue to monitor macroeconomic indicators closely for further short-term volatility in crypto assets. Bitcoin pulled back from its Monday local high of over $87,000, slipping lower as macroeconomic sentiment...

Global markets are closely monitoring #AIStocksWhatNext as macroeconomic pressures and technological advancements reshape equity valuations. Investors are increasingly analyzing the intersection between artificial intelligence infrastructure and digital asset protocols. Market analysts emphasize the importance of monitoring upcoming earnings reports and regulatory updates to gauge future sector performance. As global equity markets continue...