Day: March 5, 2026

Coinbase Executives Face Shareholder Lawsuit over Compliance Failures

admin

A Coinbase shareholder filed a derivative lawsuit against several of the crypto exchange’s top executives and board members, accusing them of failing to oversee compliance and disclosures and exposing the company to legal and regulatory fallout. The complaint was filed Tuesday in the US District Court for the District of New Jersey and was brought by shareholder Kevin Meehan on behalf of Coinbase Global. It names CEO Brian Armstrong, co-founder Fred Ehrsam, and several current and former directors and senior executives, including chief legal officer Paul Grewal and chief financial…

Reform UK Gets Fresh $4M Boost from Tether‑Linked Crypto Investor

admin

Nigel Farage’s Reform UK secured a second boost, this one worth 3 million British pounds ($4 million), in November 2025 from Thailand-based crypto investor Christopher Harborne, the Financial Times reported on Thursday. The aviation entrepreneur and early crypto backer, who is one of Reform’s biggest individual funders, donated $12 million to the party in August 2025, in what was a record single gift to a UK political party by a living donor. The additional donation cemented Reform’s position at the top of the UK’s political party money race. The party…

Stablecoin Inflows Rebound as Yield Debate Stalls US Market Structure Bill

admin

Weekly net stablecoin inflows rebounded last week as onchain activity picked up even while US lawmakers and banking groups sparred over whether third parties should be allowed to pay stablecoin yield, according to a new report from Messari. Weekly net stablecoin inflows accelerated to $1.7 billion, a 414.5% increase week-on-week, according to the report published on Wednesday. The recovery also flipped the 30-day average to a positive $162.5 million in daily inflows. Transaction volumes also rose 6.3%, while average transaction size continued to decline, reflecting renewed stablecoin issuance demand and…

US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K

admin

US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across the vast majority of issuers, as BTC briefly surged past $73,000. Spot Bitcoin (BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing weekly inflows to $1.1 billion, according to Farside data. The new gains bring year-to-date flows to around $700 million, a modest amount after the ETFs shed $3.8 billion during a five-week outflow streak. Ether (ETH) funds shared the sentiment, drawing $169 million in inflows after seeing minor…

Anthropic Reopens Pentagon Talks as Trump Weighs Supply Chain Risk Label

admin

Anthropic CEO Dario Amodei has reportedly reopened negotiations with the US Department of Defense in a last-minute effort to secure continued access to Pentagon contracts as the company faces the possibility of being labeled a supply chain risk by the Trump administration. Amodei has been holding discussions with Emil Michael, the US undersecretary of defense for research and engineering, to finalize terms governing the military’s use of Anthropic’s artificial intelligence models, the Financial Times reported, citing people familiar with the matter. A new agreement would allow the Pentagon to keep…

Justin Sun-backed Tron Inc. adds $50K in TRX to treasury

admin

Tron Inc., backed by crypto entrepreneur and billionaire Justin Sun, acquired 175,251 TRX tokens for over $50,000 on Thursday, boosting its treasury to 685 million TRX, valued at approximately $195 million. Just buying more https://t.co/hlz2XL5jkG — H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron) March 5, 2026 The company has been steadily increasing its TRX holdings over the past few weeks. So far this month, Tron Inc. has accumulated around 886,000 TRX tokens worth over $250,000, on-chain data shows. Established last July following a merger with SRM Entertainment, Tron Inc. is a…

Crypto Stocks Soar as US Regulators Push Ahead

admin

Crypto-related stocks surged on Wednesday as recent pro-crypto commentary from the US presidential campaign pushed Bitcoin and the broader crypto market higher. Alongside a rise in the cryptocurrency market, the Bitcoin (BTC) treasury company Strategy spiked by more than 10%. Crypto exchange Coinbase registered a more than 14% gain, while miners Hut 8 clocked 13.89% and American Bitcoin Corp rose 11.65%. Dominick John, an analyst at Zeus Research, told Cointelegraph the promise of clearer regulations on the near horizon could be one of the factors fueling the rally. Bitcoin treasury…

Altcoin Social Media Interest Hits 12-Month Low: Santiment

admin

Mentions of altcoins on social media have reached their lowest level in two years, according to crypto sentiment platform Santiment, while indicators suggest that investors are focusing on Bitcoin.  Data from Santiment shows that for the week ended Feb. 27, altcoin social dominance scored 33, a sharp drop from its score of 750 in July 2025, around the time Dogecoin (DOGE) rallied 59% over 30 days. Google worldwide search data shows a similar pattern. The term “altcoins” scored 4 out of 100 near the end of February, compared with a…

Crypto Scams Using ‘Powerful’ iPhone Exploit Kit: Google

admin

Threat researchers at Google say they have uncovered a new exploit kit targeting Apple iPhone users, aimed at stealing crypto wallet seed phrases.  The kit, named “Coruna” by its developers, targets iPhones running iOS versions 13.0 up to 17.2.1. It has “five full iOS exploit chains and a total of 23 exploits,” including ones that were previously unknown to the public, the Google Threat Intelligence Group (GTIG) said in a report on Wednesday. The group said it first discovered the kit in February 2025 and has since tracked its use…

Solana (SOL) Rally Builds, Traders Watch Critical $100 Test

admin

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…