Latest Crypto News — Page 35

The latest developments in cryptocurrency, blockchain and digital finance.

Bitcoin acts as an unexpected backstop for the dollar, Coinbase CEO says

Coinbase CEO Brian Armstrong says Bitcoin indirectly supports the US dollar by acting as a market check on inflation and excessive spending. While Bitcoin offers a pressure valve during economic stress, stablecoins may play an even more direct role in extending dollar dominance worldwide.

Tokenized Commodities Near $4B as Precious Metals Rally Drives Onchain Demand

Tokenized commodities are nearing $4 billion in value as record-high gold prices drive demand for onchain exposure to precious metals. While still small relative to traditional markets, the sector highlights how real-world assets are gradually finding practical use cases on blockchains, led largely by Ethereum.

Trust Wallet Faces Insider Questions After $7M Holiday Hack

Trust Wallet will reimburse about $7M lost in a Christmas Day browser extension exploit that was quietly prepared weeks in advance. Investigators say the attack may point to insider access, raising fresh concerns around wallet software security and update controls.

Trend Research emerges as a top Ethereum holder after $135M ETH accumulation

Trend Research has quietly amassed around 580,000 ETH, placing it among the largest known Ethereum holders despite being privately owned. The move highlights a broader trend of institutional-scale accumulation, as large players position for staking influence and long-term dominance within the Ethereum network.

$50M USDT Lost After Wallet Address Spoofing Trick

A crypto user lost nearly $50M in USDT after copying a poisoned wallet address from transaction history. The incident highlights how address spoofing scams exploit habit and speed, not technical flaws.