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Why is Cardano (ADA) price up today?

admin20 minutes ago06 mins

Cardano (ADA) has recovered strongly, bouncing 60% from a low of $0.64 on March 2 to reach a 12-week high of $1.19. The rebound comes after President Donald Trump directed a working group to “move forward” with establishing a Crypto Strategic Reserve including Solana (SOL), XRP (XRP) and ADA. ADA/USD daily chart. Source: TradingView Let’s…

Crypto lost to exploits, scams, hits $1.5B in February with Bybit hack: CertiK

admin52 minutes ago05 mins

Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share of losses, said blockchain security firm CertiK. The Feb. 21 attack on Bybit by North Korea’s Lazarus Group was the largest crypto hack ever, more than doubling the $650 million Ronin…

Uphold relaunches crypto staking in the US amid regulatory shifts

admin1 hour ago04 mins

Cryptocurrency exchange Uphold has relaunched staking services in the US, citing a shift in regulatory policies and a more favorable stance toward digital assets. After resuming crypto staking in the United Kingdom in early February, Uphold has now relaunched the feature in the US, the firm said in an announcement shared with Cointelegraph on Monday,…

‘Who the Hell Would Need That?’

admin2 hours ago02 mins

Prominent financial commentator Peter Schiff has joined the choir of skeptics criticizing the idea of establishing a multi-token cryptocurrency reserve, specifically taking aim at the Ripple-affiliated XRP token. Schiff has acknowledged that he gets the rationale behind a Bitcoin reserve since the largest cryptocurrency is usually treated as a digital version of gold. However, he is…

Crypto tsar David Sacks confirms he doesn’t hold any crypto

admin2 hours ago04 mins

White House AI and crypto czar David Sacks confirmed that he does not hold any crypto assets, having sold everything prior to US President Donald Trump’s inauguration. “I sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administration,” Sacks said on X on March 2. His comments came in…

Euro, Stocks Gain as Europe Seeks Ukraine Plan: Markets Wrap

admin3 hours ago09 mins

(Bloomberg) — The euro gained in early trading with Eastern European currencies as the region’s leaders scrambled to offer Ukraine their support amid concerns of a US pullback. Most Read from Bloomberg The common currency rose 0.4% against the dollar, outperforming major peers. The Polish zloty and Romanian leu also climbed. European equity futures pointed…

Trader profits $6.8M from BTC, ETH bets placed before Trump crypto reserve post

admin5 hours ago05 mins

A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has profited nearly $7 million from the trades. The whale deposited $5.9 million in USD Coin (USDC) on decentralized derivatives exchange Hyperliquid on March 1 to place the long…

US authorities to return $8.2M seized from crypto ‘wrong number’ scammers to victims

admin6 hours ago05 mins

US authorities are working to return $8.2 million in crypto frozen and seized from three scam addresses to victims of a con involving fraudulent messages and a fake investment scheme. The scam involved sending messages to random phone numbers pretending to have the wrong number. From there, the scammers would befriend the recipient, gain their…

UK hands down first criminal sentence over illegal crypto ATMs

admin7 hours ago04 mins

An illegal crypto ATM operator has been sentenced to serve four years in prison for operating them — in the UK’s first criminal sentencing for unregistered crypto activity. Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financial Conduct Authority (FCA) said in a Feb. 28…