Day: February 6, 2026

Crypto.com CEO unveils new AI platform that builds intelligent agents for consumers

admin

Kris Marszalek, who built Crypto.com into a global crypto powerhouse, is turning his attention to AI. The entrepreneur said Friday his AI platform ai.com is set to roll out its Autonomous AI agent offering that lets consumers create autonomous agents capable of executing tasks on their behalf. Marszalek acquired the ai.com domain in 2025 and has since expanded its AI-focused team and product offerings. The new platform aims to bring AI agents into everyday use, while building a network effect that allows agents to continuously learn and improve. “We are…

Here Are The Next Major Levels To Watch For XRP As The Crypto Market Enters Red Season

admin

Heavy capital outflows and large-scale liquidations have pushed the crypto market firmly into the red, with XRP recording a 26.5% decline over the past week. As prices slide and panic-driven selling accelerates, analysts are shifting focus away from rebound timing toward where support is most likely to form. One prominent market analyst, Casi, has now identified XRP’s next key macro levels, outlining where the asset could either stabilize or face deeper downside pressure. Panic-Driven Market Breakdown Keeps XRP Under Pressure According to Casi’s market assessment, the ongoing selloff reflects broad…

Crypto PACs Stack Millions Ahead of Midterms

admin

Political action committees (PACs) representing the interests of the crypto industry have already secured millions of dollars in funding as the US heads toward its midterm elections. Super PACs are the uber-rich, no-limits, non-disclosure counterparts to crypto PACs. Last year, the industry spent at least $245 million in campaign contributions alone. The main super PAC funded by the cryptocurrency industry, Fairshake, raised some $133 million in 2025, bringing its total cash on hand up to over $190 million. Venture capital firm a16z contributed an initial $24 million, while Coinbase and…

Bitcoin Core Maintainer Gloria Zhao Quits After Six Years

admin

Bitcoin Core developer Gloria Zhao has stepped down as a maintainer and revoked her Pretty Good Privacy (PGP) signing key, ending about six years as one of the project’s gatekeepers.  On Thursday, Zhao submitted her last pull request to the Bitcoin GitHub repository, removing her key from the trusted keys and withdrawing herself as one of the few maintainers able to update Bitcoin’s software. Becoming the first known female maintainer in 2022, she focused on mempool policy and transaction relay: the rules and peer‑to‑peer logic that decide which transactions get…

Why Privacy Coins Often Appear in Post-Hack Fund Flows

admin

Key takeaways Privacy coins are just a step in a broader laundering pipeline after hacks. They serve as a temporary black box to disrupt traceability. Hackers typically move funds through consolidation, obfuscation and chain hopping and only then introduce privacy layers before attempting to cash out. Privacy coins are most useful immediately after a hack because they reduce onchain visibility, delay blacklisting and help break attribution links. Enforcement actions against mixers and other laundering tools often shift illicit flows toward alternative routes, including privacy coins. After crypto hacks occur, scammers…

China moves to block offshore yuan-backed stablecoin issuance

admin

Chinese regulators have issued a new joint notice reinforcing their hardline stance on cryptocurrencies, with particular emphasis on banning the issuance of stablecoins, as eight departments, including the People’s Bank of China and the China Securities Regulatory Commission, move to address renewed risks from virtual asset speculation and real-world asset tokenization. Building on the 2021 crackdown, the notice reiterates that virtual currencies, including stablecoins such as Tether, have no legal tender status and that related business activities constitute illegal financial activities. It stresses that stablecoins pegged to legal tender perform…

Trend Research Dumps Over 400K as Liquidation Risk Rises

admin

Ethereum investment vehicle Trend Research continued to reduce its Ether exposure, as the latest market crash pushed the treasury company to sell off its assets to pay back loans. It held about 651,170 Ether (ETH) in the form of Aave Ethereum wrapped Ether (AETHWETH) on Sunday. That amount dropped by 404,090, to about 247,080 on Friday, at the time of writing. Trend Research transferred 411,075 ETH to cryptocurrency exchange Binance since the beginning of the month, according to blockchain data platform Arkham. The transfers occurred as ETH price dropped almost…

NFT Market Cap Returns to Pre-Hype Levels Near $1.5B

admin

The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021.  The retracement unfolded alongside a broader crypto market downturn over the past two weeks, CoinGecko data shows. On Jan. 23, total crypto market capitalization stood at about $3.1 trillion, before falling to $2.2 trillion on Friday. Major assets like Bitcoin (BTC) slid from around $89,000 to about $65,000, while Ether (ETH) fell from $3,000 to near $1,800 throughout the same time frame. Bitcoin and…

Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 BTC to users

admin

Bitcoin’s price on Bithumb, one of South Korea’s largest crypto exchanges, suddenly dropped 10% below global market prices today, after an exchange employee accidentally distributed 2,000 BTC to hundreds of users during an airdrop, according to Dumpster DAO core member Definalist. It looks like hundreds of users got that accidental 2,000 BTC. It’s a total comedy of errors—apparently, a staff member meant to give out 2,000 KRW as a random box prize but typed BTC instead. Crazy to think that exchanges can still do paper trading like this, even in…

Bitcoin Traders Say $58K is Key as Dip-Buyers Help BTC Rebound 11%

admin

Bitcoin (BTC) rebounded above $65,000 on Friday, up 11% from 15-month lows below $60,000, as focus shifted to institutional dip buyers. Key takeaways: Bitcoin finally sees investors who are willing to “buy the dip” as prices dropped to sub-$60,000 levels. Traders have shifted their focus to $58,000 as the last line of defense for Bitcoin. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin wipes out $1.1 billion longs on drop to $59,000 Bitcoin price fell as low as $60,000 on Thursday, erasing 15 months of bullish gains as investors accumulated more at…