Crypto

Bitcoin fell 3.5% on Wednesday, testing the crucial $60,000 support level as a confluence of geopolitical and economic factors triggered broad de-risking.

A cryptocurrency trader lost nearly $1 million on Wednesday after falling victim to a phishing token approval scam on the Ethereum blockchain, according to onchain data from security firm Scam Sniffer.

Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, joining a growing list of crypto platforms folding amid a prolonged market downturn.

The rally is driven by a combination of aggressive accumulation by BitMine Immersion Technologies, progress on Ethereum's Glamsterdam upgrade, and the launch of Robinhood Chain, which strengthens ties with traditional finance.

StarkWare CEO Eli Ben-Sasson has reignited a long-standing debate within the Bitcoin community by proposing that the cryptocurrency's fixed 21 million supply cap be replaced with a 4% annual inflation rate.