Author: AltCoinDrops.com
Crypto Hacks Surge: $19M In Ethereum Grab by Infamous Wallet Raises Alarming Questions
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto wallet connected to the notorious $300 million Coinbase hack has reappeared with another suspicious move on the Ethereum blockchain. Over the weekend, the address acquired 3,976 ETH worth approximately $18.9 million, according to on-chain data from Arkham Intelligence. The purchase was executed using 18.9 million DAI, a stablecoin, and split across multiple transactions before being consolidated into the buy. The transaction came just as Ethereum broke above $4,700, marking its highest level in more than two weeks. Currently, ETH trades at $4,538, down 2.9% in…
OpenVPP’s claim of “working alongside” SEC Commissioner Hester Peirce quickly earned clarification from the regulator. The project had posted a photograph of its CEO with Peirce during the Chicago stop of the SEC’s Crypto Task Force tour, hinting at a collaboration between the two entities on energy tokenization. Commissioner Peirce noted on X, “I welcome the chance to meet with crypto projects to hear from them about their regulatory challenges, but I do not ‘work alongside’ or endorse private crypto projects or firms.” Her remarks are in line with the SEC official view, which stresses that participation in task force…
In brief Coinbase has filed a letter with the DOJ urging federal preemption of state crypto laws, citing Oregon’s securities suit, New York’s ETH stance, and staking bans. Chief Legal Officer Paul Grewal called state actions “government run amok,” warning that patchwork enforcement “slows innovation and harms consumers.” A legal expert told Decrypt that states risk violating interstate commerce rules and due process, and DOJ support for preemption may mark a potential turning point. Coinbase has gone on the offensive against state regulators, petitioning the Department of Justice that a patchwork of lawsuits and licensing schemes is tearing America’s crypto…
In a recent tweet, Ripple highlights infrastructure as that key element that makes a stablecoin truly useful, with interoperability, transparency and scale underpinning this usability as infrastructure.According to Jack McDonald, CEO of Standard Custody and SVP of Stablecoins at Ripple, the design of a stablecoin is critical. For a stablecoin to succeed, it must be interoperable across platforms and networks rather than tethered to a single brand.What makes a stablecoin truly useful? Infrastructure.As @_JackMcDonald_ highlights, interoperability, transparency, and scale all underpin this usability as infrastructure. https://t.co/8KO0Yn9P0vAnd $RLUSD was built on these principles: an enterprise-grade, fully backed…— Ripple (@Ripple) September 16,…
Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion
Bullish (BLSH), the parent company of CoinDesk, has secured a coveted BitLicense from the New York State Department of Financial Services (NYDFS), a key regulatory approval that will allow the institutional digital asset platform to offer spot trading and custody services to customers in New York, the company said in a press release on Wednesday.The BitLicense, also known as a Virtual Currency Business Activity License, is considered one of the most rigorous state-level crypto approvals in the U.S. With it, Bullish’s U.S. entity, Bullish US Operations LLC, can now cater to institutional clients and advanced traders in the country’s financial…
Forward Industries Launches $4B Program to Boost Solana Holdings as Analyst Eyes $500 SOL
Forward Industries has unveiled a $4 billion capital program aimed at scaling its Solana treasury. The announcement comes as analysts flag bullish technical setups that may push SOL toward the $500 mark. Forward Industries Reveals Program To Boost SOL Holdings In a recent press release, Forward Industries, Inc. disclosed it has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. Securities and Exchange Commission. The initiative provides the company with the flexibility to issue and sell shares. The company will deploy proceeds into working capital, income-generating assets, and, most notably, additional SOL purchases. Chairman Kyle Samani described…
Flipido Trading Center Launches Eco-Friendly NFT Platform to Promote Sustainable Digital Asset Innovation
Flipido Trading Center introduces a carbon-neutral NFT marketplace designed to reduce environmental impact while supporting secure, scalable, and creative digital asset trading. Flipido Trading Center, a globally recognized cryptocurrency exchange, has officially launched its eco-friendly NFT platform, setting a new benchmark in the integration of sustainability and blockchain innovation. Designed for artists, collectors, and developers, the platform enables the creation and trading of non-fungible tokens (NFTs) on a carbon-neutral blockchain infrastructure, contributing to a more sustainable digital economy. The NFT platform is built on energy-efficient blockchain protocols that utilize proof-of-stake (PoS) consensus mechanisms and advanced scaling technologies to minimize energy…
Bulls Defend $4.4K as Traders Eye $5K
TLDR: Ethereum trades around $4,495 with price holding above $4,400 short-term support zone highlighted by Daan Crypto Trades. Price action remains choppy between $4,100 and $4,800 as traders wait for FOMC clarity. $BMNR continues buying ETH, though accumulation has slowed slightly as mNAV cools. The $4,868 level stays the main resistance as bulls aim for a $5K breakout later this cycle. Ethereum traders are bracing for another volatile session as price holds just above a critical support area. The market has been ranging for days with price swings shaking out both longs and shorts. Traders are waiting for clarity from…
House Republicans have moved to combine a measure banning the Federal Reserve from creating a central bank digital currency (CBDC) with the CLARITY Act, a sweeping bipartisan bill that sets out new rules for cryptocurrency markets.The House voted yesterday, September 26, on a procedural measure that links the two bills, both of which cleared the chamber in July.For context, the House voted 215-211 on July 16 to advance the GENIUS stablecoin bill, the Digital Asset Market Clarity Act, and the Anti-CBDC Act after President Trump secured GOP support in a late-night Oval Office meeting. Trump has urged the House to…
U.S.-listed banking titan Citigroup has issued a new outlook for Ethereum (ETH), predicting that the world’s second-largest crypto may close the year 2025 at $4,300. That target is slightly below its current market level of around $4,500, signaling the bank’s cautious stance despite ongoing optimism. Citigroup’s Ethereum Outlooks Notably, the bank’s outlook is not one-dimensional. In its base case, Ethereum closes the year at $4,300. However, Citigroup also outlined a bull case of $6,400 for the Ethereum price, driven by strong adoption and capital inflows. In contrast, its bear case projects just $2,200, citing risks such as weaker network usage…
