Category: Bitcoin News

SoFi Launches Fully Reserved SoFiUSD Stablecoin Through its National Bank

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SoFi Technologies has launched SoFiUSD, a fully reserved US dollar stablecoin issued by its banking subsidiary, SoFi Bank. According to Thursday’s announcement, SoFiUSD is backed one-to-one by cash held by SoFi Bank, a nationally chartered and insured depository institution, and is redeemable on demand. It is designed to support low-cost settlement for banks, fintechs and enterprise platforms. A SoFi spokesperson told Cointelegraph that SoFiUSD will initially be issued on the Ethereum network, with plans to add support to other blockchains over time. The company said SoFiUSD can be used across…

Intuit to Use Circle’s Stablecoin for Financial Platforms

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Intuit, the company behind TurboTax, Credit Karma, QuickBooks and Mailchimp, announced a “multi-year, strategic partnership” with stablecoin issuer Circle involving its stablecoin infrastructure and USDC (USDC). In a Thursday notice, Intuit said the agreement with Circle would allow “faster, lower-cost” payments through their platforms, which focus on business transactions, tax refunds and marketing. According to Circle CEO Jeremy Allaire, the deal will “extend the speed, power and efficiency of USDC for everyday financial transactions.” Source: Circle USDC is the second-largest stablecoin by market capitalization, trailing Tether’s USDt (USDT) by more…

ETH Rally Toward $3K Possibly Halted By Rising ETF Outflows

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Key takeaways: US-listed Ether ETFs saw heavy outflows, signaling fading institutional interest as network fees, staking and leverage demand declined. ETH futures premiums and open interest declined, indicating cautious positioning and limited confidence, without a clear shift to outright bearishness. Ether (ETH) plunged to $2,800 on Wednesday, triggering $165 million in liquidations across bullish futures positions. The 13% weekly decline in the ETH price was accompanied by strong outflows from Ethereum exchange-traded funds (ETFs), as risk aversion intensified amid concerns about the artificial intelligence sector.  The tech-heavy Nasdaq index fell…

Aptos Proposes Post-Quantum Signatures With AIP-137

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Blockchain network Aptos is moving toward a post-quantum signature option, reflecting growing concern that advances in quantum computing are no longer purely theoretical and could eventually affect how blockchain networks secure accounts and transactions. On Thursday, Aptos outlined a proposal to introduce post-quantum signatures, addressing the network’s reliance on digital signatures for ownership, transaction authorization and overall security.  While existing cryptographic schemes remain secure against classical computers, researchers warn that sufficiently powerful quantum machines could one day forge them, potentially compromising account security retroactively. “Quantum computing is not a distant…

Here’s Where Ethereum Traders Say ETH Will Bottom After Losing $3K

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Ether (ETH) has retraced 42% from its all-time high of $4,950 with traders wondering where the altcoin was likely to bottom out next. Key takeaways: Ethereum traders see ETH price dropping to $2,100 if support at $2,800 fails. Persistent Ether ETF outlaws and less treasury buying introduce more risks for bulls. Analysis: 25% ETH price drop possible Data from Cointelegraph Markets Pro and TradingView showed that the ETH/USD pair has dropped back below $3,000. Commenting on the latest price action, analyst and trader Daan Crypto Trades said that although this cycle…

Tether CEO Predicts AI Bubble Could Shake Bitcoin In 2026

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Paolo Ardoino, CEO of Tether, the issuer of the world’s largest stablecoin, has raised concerns about how a potential AI bubble could affect Bitcoin by 2026. Ardoino shared his outlook on Bitcoin (BTC) and the broader crypto industry on Thursday during the Bitcoin Capital podcast, co-hosted by Bitfinex Securities and Blockstream. The executive said he sees Bitcoin “still too much correlated” to capital markets, thus potentially being impacted by the AI bubble, or a theorized stock market bubble growing amid the current AI boom. “That is the so-called AI bubble,…

DAT longevity hinges on avoiding ‘mNAV roller coaster’: Solmate CEO

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The rise of digital asset treasury (DAT) companies will go down as a meta-narrative of 2025, but the longevity of the movement will be decided by capital management and sound business strategies. According to Solmate CEO Marco Santori, all DATs have to contend with the value of the underlying token they hold on their balance sheets. This shouldn’t be a problem for revenue-generating businesses, but pure-play DATs will be in for a bumpy ride. The Solana DAT space might be the most competitive out there (besides Bitcoin 😏). But what…

Crypto Losses Reach $3.4B in 2025: Chainalysis

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Crypto hackers focused on large crypto entities and personal crypto wallets this year, resulting in $3.4 billion in crypto losses in 2025 — the highest figure since 2022. Just three hacks in 2025, led by the $1.4 billion hack of crypto exchange Bybit, accounted for 69% of all losses from January through to early December, a Chainalysis report released on Thursday found, with the largest attacks a thousand times larger than the typical incident.  Andrew Fierman, the head of national security intelligence at Chainalysis, told Cointelegraph that while massive attacks…

ETHGas Raised $12M for ETH ‘Gas Futures’ and 50ms ‘Blocks’

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Ethereum blockspace trading platform ETHGas announced it has raised $12 million in a seed round led by Polychain Capital. The funding announcement comes after Ethereum co-founder Vitalik Buterin recently discussed the idea of an onchain “gas futures” market, arguing that such a product could give users a clearer signal of expected fees and let them hedge future costs. ETHGas argues that Ethereum needs “a reimagination of the way blockspace is allocated on the network” and claims that its newly-launched blockspace trading platform is a step in that direction. The company…

SEC Staff Clarifies Custody Rules for Tokenized Stocks and Bonds

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The US Securities and Exchange Commission’s Trading and Markets Division on Wednesday laid out how broker-dealers can custody tokenized stocks and bonds under existing customer protection rules, signaling that blockchain-based crypto asset securities will be slotted into traditional securities safeguards rather than treated as a new category. The division said it would not object to broker-dealers deeming themselves in possession of crypto asset securities under existing customer protection rules, as long as they meet a set of operational, security and governance conditions. This applies only to crypto securities, including tokenized…