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Latest coverage curated from CoinOtag

Cryptocurrency news platform covering market trends, blockchain technology, and digital asset analysis.

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FTX Recovery Trust Withdraws Payout Restriction Motion in Key Foreign Jurisdictions Amid Creditor Concerns

FTX Recovery Trust Withdraws Payout Restriction Motion in Key Foreign Jurisdictions Amid Creditor Concerns

The FTX Recovery Trust has withdrawn its motion to restrict creditor payouts in foreign jurisdictions like China and Russia, responding to strong objections from over 70 creditors. This decision aims...

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1 min
US Crypto Czar David Sacks Warns AI Could Foster Orwellian Surveillance Risks

US Crypto Czar David Sacks Warns AI Could Foster Orwellian Surveillance Risks

David Sacks, the US crypto and AI czar, has warned that artificial intelligence could enable Orwellian levels of surveillance and information manipulation, posing greater risks than rogue machines. He...

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1 min
RLUSD Stablecoin Tops $1B Market Cap, Signaling Potential Growth for Ripple Ecosystem

RLUSD Stablecoin Tops $1B Market Cap, Signaling Potential Growth for Ripple Ecosystem

Ripple USD (RLUSD) stablecoin has achieved a $1 billion market capitalization milestone, marking the largest for any stablecoin on the XRP Ledger. Launched in December 2024, RLUSD’s total supply now...

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1 min
FTX Withdraws Plan That Could Exclude $800M in Claims from Restricted Jurisdictions

FTX Withdraws Plan That Could Exclude $800M in Claims from Restricted Jurisdictions

FTX has withdrawn its Restricted Jurisdiction Procedure motion, which aimed to exclude about $800 million in claims from customers in 49 countries with restrictive crypto laws, including China, Ukrain...

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1 min
Balancer DeFi Exploit Suggests Advanced 2025 Attack Tactics Involving ETH and Tornado Cash

Balancer DeFi Exploit Suggests Advanced 2025 Attack Tactics Involving ETH and Tornado Cash

The Balancer exploit in 2025 involved a sophisticated attack on the decentralized exchange, resulting in $116 million stolen through advanced onchain tactics. Attackers used Tornado Cash for funding a...

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1 min
Stream Finance Probes $93M Loss Amid XUSD Depegging Concerns

Stream Finance Probes $93M Loss Amid XUSD Depegging Concerns

The Stream Finance $93 million loss stems from an external fund manager’s mismanagement of assets, leading to a DeFi protocol suspension of deposits and withdrawals. Investigations by Perkins Coie LLP...

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1 min
US Cybersecurity Professionals Accused of Aiding BlackCat Ransomware in Cryptocurrency Extortions

US Cybersecurity Professionals Accused of Aiding BlackCat Ransomware in Cryptocurrency Extortions

Three US cybersecurity professionals face federal charges for allegedly partnering with the ALPHV BlackCat ransomware group to extort millions in cryptocurrency from American businesses, using insider...

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1 min
Bitcoin Dips Below $104K Amid $1.3B Liquidations and Bearish Technical Signals

Bitcoin Dips Below $104K Amid $1.3B Liquidations and Bearish Technical Signals

Bitcoin has dropped below $104,000 amid heavy selling pressure, with over $1.3 billion in leveraged positions liquidated in the last 24 hours. This marks a 2.6% daily decline for BTC,...

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1 min
Balancer Exploit May Have Involved Months of ETH Preparations via Tornado Cash

Balancer Exploit May Have Involved Months of ETH Preparations via Tornado Cash

The $116 million Balancer exploit involved sophisticated preparation, with the attacker using Tornado Cash for small ETH deposits to evade detection, pointing to months of planning by an experienced h...

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1 min
Wintermute Denies Rumors of Binance Lawsuit After BNB Flash Crash

Wintermute Denies Rumors of Binance Lawsuit After BNB Flash Crash

Wintermute has firmly denied rumors of suing Binance over the October 10, 2025 flash crash, with CEO Evgeny Gaevoy confirming the firm remains solvent and sees no basis for legal...

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1 min
Berachain Halts Operations After BEX Exploit; Potential BERA Fund Recovery in Talks

Berachain Halts Operations After BEX Exploit; Potential BERA Fund Recovery in Talks

The Berachain exploit on November 3, 2025, involved a vulnerability in its BEX DEX linked to Balancer V2, leading to a $12.86 million loss and an emergency network halt. The...

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1 min
Peter Brandt Sees 60% Chance Bitcoin Has Topped Amid Ripple’s $4 Billion Acquisitions

Peter Brandt Sees 60% Chance Bitcoin Has Topped Amid Ripple’s $4 Billion Acquisitions

Ripple Acquisitions 2025: Key Developments Ripple has aggressively expanded in 2025, deploying over $4 billion in strategic acquisitions to bolster its position in crypto infrastructure, custody, and ...

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1 min