The Cointelegraph Press Review

Cointelegraph.com News

• Bitcoin buyers 'in control' but trend won't change until this level breaks
  Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend.Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend.Key takeaways:Bitcoin price is up 17% from sub-$60,000 […]
• JPMorgan sued over alleged role in $328M crypto Ponzi scheme
  Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures.Investors on Tuesday filed a proposed class action in the US District Court for the […]
• Utah set to block prediction markets as state-federal tensions rise
  CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators and federal authorities […]
• US prosecutors urge judge to deny Sam Bankman-Fried retrial bid: Report
  Prosecutors say testimony from two former FTX executives cited by the defense does not qualify as newly discovered evidence, Bloomberg reported.Bloomberg reported Thursday that US prosecutors urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing that the former FTX chief failed to meet the legal standard for a retrial.According […]
• Bonk.fun warns hackers hijacked domain in wallet-drainer attack
  Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.The domain of Solana-based platform memecoin launchpad Bonk.fun has been hijacked after attackers gained access to a team account and deployed a wallet-draining scheme through the site.The Bonk.fun account on X warned users early Thursday not to […]
• New Zealand regulator says NZDD stablecoin not a financial product
  Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.New Zealand’s financial regulator has ruled that a local currency-tied stablecoin, NZDD, isn’t a financial product, a move a local law firm says is an important step toward regulatory clarity.The Financial Markets […]
• AI agent payment volumes lower than reported, but adoption is growing: a16z
  Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not a big number, but the infrastructure being built around it is.”Payment transaction volumes among artificial intelligence agents are more than 90% lower than reports suggest, but crypto giants are pouring billions into building the infrastructure […]