Category: Other Crypto News

Indians slam Pudgy Penguins, ex-digital yuan boss’s crypto scandal: Asia Express

boss

Pudgy Penguins makes enemies in India Non-fungible token brand Pudgy Penguins has drawn backlash over a now-deleted post on X that singled out Indian social media users. X users outraged at Pudgy Penguins social media post. (0xmj) The controversy followed a recent announcement by X product head Nikita Bier that the platform will prohibit applications from rewarding users for posts, a category often referred to as “infofi,” citing the spread of AI-generated spam and low-quality content.  In crypto circles, the change affects users who earn rewards by farming engagement, including…

Injective Governance Vote Passes to Accelerate INJ Supply Cuts

boss

Injective’s protocol community approved a major tokenomics overhaul on Monday, passing a governance proposal with 99.89% support based on staked voting power. Injective is a layer-1 blockchain focused on decentralized finance applications, with INJ (INJ) serving as its native token for staking, governance and transaction fees. The Supply Squeeze proposal (IIP-617) reduces its native token issuance and maintains the network’s buyback-and-burn program, which uses protocol-generated revenue to permanently remove tokens from circulation. The network said it has removed about 6.85 million INJ from circulation through token burns. The proposal is designed to…

Why The Dogecoin Price Could Outperform Bitcoin Again

boss

The cryptocurrency market has shown choppy and uneven momentum in the past week. Bitcoin’s price recently climbed to an eight-week high above $97,000, but it has since retraced to trade around the low $90,000s. Dogecoin’s movement has mirrored this mixed mood. A brief rally lifted it close to resistance around $0.15 last week, but the meme coin has since slid back below $0.13, weighed down by profit-taking among investors. Against this backdrop of consolidation and short-term corrections, technical analysis shared recently by a crypto analyst on X highlighted a setup…

Bermuda Partners with Coinbase and Circle for ‘Fully Onchain‘ Economy

boss

The partnership builds upon previous work Bermuda’s government has done to attract crypto companies, including bypassing a comprehensive regulatory framework in 2018. The government of Bermuda is planning to create a “fully onchain” national economy using digital asset infrastructure provided through partnerships with cryptocurrency exchange Coinbase and stablecoin issuer Circle. In a Monday announcement from the World Economic Forum Annual Meeting in Davos, Switzerland, Bermuda Premier David Burt and representatives from Coinbase and Circle said the partnership would allow the Caribbean island nation to use the USDC (USDC) stablecoin and…

One Year After Gensler’s exit, SEC’s Crypto Playbook Looks Very Different

boss

One year ago Tuesday, Gary Gensler resigned as chair of the US Securities and Exchange Commission (SEC) amid the inauguration of President Donald Trump.  Many in the crypto industry had heavily criticized the former SEC chair for his approach to digital asset regulation and enforcement. Gensler’s position on cryptocurrencies likely contributed to companies like Ripple Labs funding political action committees (PACs) and backing many candidates in the 2024 US elections who had expressed views favorable to the industry and opposing those who didn’t. Shortly after Gensler’s resignation, Trump appointed SEC…

Bitcoin $92K Drop Resets Leverage, Clears Unhealthy Investor Optimism

boss

Bitcoin (BTC) saw a sharp pullback during the Asian market open, shaking out leveraged positions without breaking its market structure. While sentiment cooled rapidly, onchain and derivatives data suggest that the move resembles a structural reset rather than a deeper trend reversal. Key takeaways: $233 million in Bitcoin long liquidations flushed leverage while spot selling stayed muted, pointing to a reset, not panic distribution. Sentiment collapsed to 45% from 80% as open interest fell to $28 billion, confirming a mild risk-off unwinding. Bitcoin dip flushes leverage as sentiment cools Bitcoin…

Bitcoin Transitions Into A Higher Volatility Regime After Prolonged Compression: See How

boss

After weeks of unusually tight price action, Bitcoin is set to break free from its prolonged volatility compression. With price now expanding beyond its narrow range, liquidation activity is increasing, and stronger reactions to macro and on-chain catalysts are renewing momentum. This shift suggests that BTC is entering a phase where wider daily ranges and heightened market participation are likely to dominate the near-term structure. What This Volatility Expansion Means For The Next Major Trend Bitcoin has officially entered a new volatility regime, and a major change in market structure…

Revolut Seeks Peru Banking License Amid Latin America Expansion

boss

Revolut, a London-based digital banking and payments company, has applied for a full banking license in Peru as part of its expansion across Latin America, Bloomberg reported on Monday. If approved, the license will allow the company to operate as a regulated bank in the country, adding Peru to a list of regional markets alongside Mexico, Colombia and Brazil. Bloomberg said Revolut plans to compete primarily with incumbent banks rather than newer fintech rivals. Revolut has identified remittances and cross-border payments as key parts of its local strategy, noting that…

4 In 5 Hacked Crypto Projects Don’t Fully Recover, Expert Says

boss

A worrying pattern has formed in the crypto sector. Reports say that about four in five projects hit by major hacks do not fully recover. Money is lost, yes. But the deeper damage is often to trust — and that can be fatal. Related Reading Trust Erodes Fast When a breach is found, users pull funds quickly. Partners step back. Liquidity dries up. Industry experts, including Immunefi CEO Mitchell Amador, warn that slow or unclear responses can push entire communities away. Some projects try to fix code quietly. That can…

BTQ’s Bitcoin Quantum Testnet and “Old BTC” Risk, Explained

boss

Key takeaways Bitcoin’s quantum risk centers on exposed public keys and signature security. BTQ’s testnet explores post-quantum signatures in a Bitcoin-like environment. Post-quantum signatures significantly increase transaction size and block space demands. “Old BTC risk” is concentrated in legacy output types and address reuse patterns. BTQ Technologies said it had launched a Bitcoin Quantum testnet on Jan. 12, 2026, a Bitcoin-like network designed to trial post-quantum signatures without touching Bitcoin mainnet governance. The idea is that BTQ would replace Bitcoin’s current signature scheme with ML-DSA, the module-lattice signature standard formalized…