The post Dubai Cracks Down on KuCoin’s Unlicensed Crypto Services appeared first on Coinpedia Fintech News

Virtual Assets Regulatory Authority has issued a formal warning against KuCoin, saying the platform has been offering crypto services to residents of Dubai without the required regulatory approval. The regulator stated that KuCoin does not hold a license to provide virtual asset services in or from the emirate and ordered the company to immediately stop any unlicensed activities. Authorities also advised investors to avoid using unregulated platforms as Dubai strengthens enforcement of its crypto licensing framework.

The post XRP Spot ETFs See $6.15M Outflows as Demand Slows appeared first on Coinpedia Fintech News

U.S. XRP spot ETFs recorded $6.15 million in net outflows, reflecting weak investor demand across crypto ETF products, according to data from SoSoValue. The entire outflow came from Franklin Templeton’s XRPZ fund, which saw $6.15 million leave the product during the period. Meanwhile, other XRP ETFs reported no net inflows or outflows, showing limited trading activity.

The post Pi Network Gains Attention Today With New Update appeared first on Coinpedia Fintech News

Pi Network is drawing growing attention after a recent price surge pushed its market ranking up to around 34th place. The project has also been teasing major ecosystem upgrades, including plans for decentralized exchanges (DEXs) and new applications on its network. These developments could bring more activity and adoption to the platform. Pi Network continues to build its ecosystem as it aims to move beyond its early mining phase and grow into a broader crypto platform.

The post Bitcoin and Ethereum ETFs See $320M in One-Day Outflows appeared first on Coinpedia Fintech News

Spot Bitcoin and Ethereum ETFs saw heavy withdrawals on March 5, with nearly $320 million leaving the funds in a single day. Data from SoSoValue shows Bitcoin spot ETFs recorded about $228 million in outflows, with BlackRock’s IBIT seeing the largest withdrawal among the funds. Ethereum spot ETFs also faced pressure, posting $90.94 million in net outflows. Despite the broader trend, BlackRock’s ETHA stood out by attracting $30.25 million in inflows, making it the only major Ethereum ETF to record gains during the day.

The post XRP Holders Selling at Loss as Price Struggles appeared first on Coinpedia Fintech News

XRP holders are selling at a loss as market pressure increases. Data from Glassnode shows XRP’s Spent Output Profit Ratio (SOPR) has dropped below 1.0, meaning many investors are selling for less than they paid. The token is trading around $1.41 after failing to break the $1.45 resistance level. A similar pattern was seen during XRP’s long sideways market between 2021 and 2022. Despite the weakness, some investors remain hopeful. They point to possible support from future crypto regulations and speculation about a partnership between Elon Musk’s X Money platform and Ripple-linked Cross River Bank.

The post Vitalik Buterin: AI Wallets Need Strong Security appeared first on Coinpedia Fintech News

Vitalik Buterin says future crypto wallets will likely integrate AI, but he warns they should not directly control large transactions. Instead, AI could suggest a transaction plan while the wallet runs a simulation to preview the outcome. Users would then review the results and confirm manually. The goal is to ensure that what users intend matches what the system actually executes. This layered approach, using simulations, limits, and verification, could significantly reduce phishing attacks, mistakes, and other security risks.

The post OKB Jumps 23% After NYSE Parent Invests in OKX appeared first on Coinpedia Fintech News

OKB surged about 23% in the past 24 hours, becoming one of the day’s biggest crypto gainers. The rally followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has invested in crypto exchange OKX at a $25 billion valuation and secured a board seat. The partnership plans to bring tokenized NYSE stocks and futures trading to OKX users by late 2026. Data from CoinGecko shows the move added roughly $640 million to OKB’s market value in one session, with analysts noting no signs of insider trading before the announcement.

The post Pudgy Penguins Sued Over Penguin Trademark appeared first on Coinpedia Fintech News

Pudgy Penguins is facing a trademark lawsuit from PEI Licensing, the company behind the Original Penguin clothing brand. The case was filed in a Florida federal court, accusing the NFT project of using and attempting to register penguin-related trademarks without permission. PEI Licensing claims the branding could confuse consumers and violates trademark and fair competition laws. Pudgy Penguins launched in 2021 as an Ethereum NFT collection and later grew into a major crypto brand. The project has since expanded with retail toys and a Solana-based culture coin called $PENGU.

The post Did Iran Blackouts Cause Bitcoin’s $72K Surge? appeared first on Coinpedia Fintech News

A theory claiming Iran’s blackouts cut cheap mining and eased selling pressure as Bitcoin jumped from below $63,000 to over $72,000 doesn’t hold up, experts say. While Iran historically benefited from ultra‑low electricity costs that made mining cheap, its share of the global Bitcoin hashrate has fallen to a low single digit and contributes only a minor portion of total network activity, so any local disruption would have limited impact. The real drivers of the recent price rise include ETF inflows, short liquidations, and broader market recovery, with no significant hashrate drop or on‑chain sell‑offs detected.

The post BC.GAME Offers $500K Bounty After ETH Hack Loss appeared first on Coinpedia Fintech News

BC.GAME has announced a $500,000 bounty for credible leads on an Ethereum wallet tied to a $4.37 million exploit of a third‑party game, prompting the crypto community to help trace the hacker. On‑chain tracking by EyeOnChain showed the attacker used about 1.7 million USDC from the stolen funds to open a $31 million short on ETH, which was liquidated with $1.53 million in losses after the price rose. BC.GAME publicly named the wallet and urged worldwide analysts and investigators to submit tips to identify the perpetrator or aid in asset recovery.

The post TON Whale Loses $17K in Scam appeared first on Coinpedia Fintech News

A TON blockchain whale accidentally sent 126,000 TON, worth about $220,000, to a scammer’s fake wallet created through a dusting attack, which uses tiny transactions to identify and target wallets. The scammer returned 116,000 TON (around $203,000) but kept 10,000 TON ($17,000) as a “fee,” even leaving a message apologizing for taking it. The incident highlights the rising risks of wallet impersonation on the TON network and underscores the importance of carefully verifying addresses before sending large amounts.

The post New iPhone Exploit “Coruna” Targets Crypto Users appeared first on Coinpedia Fintech News

Google’s Threat Intelligence Group has uncovered a powerful new iPhone exploit toolkit called Coruna, which uses five exploit chains and 23 vulnerabilities to attack devices running iOS 13.0 through 17.2.1 and steal sensitive data, including crypto wallet seed phrases. Initially spotted in February 2025 and linked to state‑level surveillance campaigns, Coruna later appeared on fake cryptocurrency websites to harvest wallet details and financial info from unsuspecting visitors. Apple has since patched these flaws in newer iOS releases, and Google urges users to update to the latest software or enable Lockdown Mode for protection.

The post a16z Crypto Raises $2B in Fifth Fund Despite Downturn appeared first on Coinpedia Fintech News

Andreessen Horowitz’s crypto‑focused venture arm, a16z Crypto, is raising its fifth fund with a target of about $2 billion, planning to close in the first half of 2026 amid a broader crypto downturn. The new fund is less than half the size of its previous $4.5 billion vehicle, reflecting a cautious shift as venture investors face tighter market conditions and faster-changing trends. Despite the pullback in overall crypto valuations and investment activity, a16z’s continued fundraising signals confidence in blockchain’s long‑term potential, even as some peers explore opportunities in areas like AI.

The post Crypto Market Today: Bitcoin Price Holds Near $72K Amid Global Uncertainty appeared first on Coinpedia Fintech News

Bitcoin is trading around $72,000 after rebounding from levels near $67,000, showing strong movement on the daily chart. The broader crypto market is seeing increased activity, with Bitcoin maintaining a large share of the total market. Global tensions and uncertainty are also boosting demand for safe-haven assets like gold and silver, with gold moving toward the $2,300–$2,400 range. Despite geopolitical risks, Bitcoin continues to hold above $70,000, suggesting steady interest from investors.

The post SEC Moves Closer to Crypto Clarity With New Proposal appeared first on Coinpedia Fintech News

The U.S. Securities and Exchange Commission has submitted a proposal to federal regulators explaining how existing U.S. securities laws could apply to certain crypto assets and related transactions. The interpretation is currently under interagency review before a vote by SEC commissioners. The move shows the agency is willing to move ahead with digital asset oversight without waiting for Congress. While the CLARITY Act could offer a broader framework, the proposal is seen as another step toward the regulatory clarity many institutional investors are waiting for.

The post Crypto Trader Loses $24M in Violent Attack appeared first on Coinpedia Fintech News

A crypto trader known as Sillytuna was reportedly violently extorted, resulting in the theft of about $23.6 million in aEthUSDC from his wallet. Blockchain tracking shows the attacker quickly converted most of the stolen funds into around $20.34 million in DAI, while a smaller portion was bridged to Arbitrum and later moved to Hyperliquid. The funds were reportedly used to purchase Monero (XMR), a privacy-focused cryptocurrency, making the stolen assets harder to trace.

The post Iran’s Crypto Market Sees Spike Amid Rising Tensions appeared first on Coinpedia Fintech News

Iran’s crypto market, worth about $7.8 billion, is seeing a sharp rise in activity as tensions and airstrikes increase in the region. Data from blockchain analysis firms Chainalysis and Elliptic show that money leaving Iranian crypto exchanges jumped as much as 873% above normal levels after the attacks. Experts say people and organizations may be moving their funds to keep them safe or to avoid financial restrictions. With high inflation, a weakening currency, and ongoing geopolitical tensions, many Iranians are turning to cryptocurrency as a financial lifeline. At the same time, the government is also using crypto to help manage economic pressure caused by international sanctions.

The post Morgan Stanley Updates Filing for Bitcoin Trust ETF appeared first on Coinpedia Fintech News

Morgan Stanley has updated its SEC filing for a Bitcoin Trust ETF, naming BNY Mellon as administrator and cash custodian and Coinbase Custody to safeguard the bitcoin holdings. The trust will hold physical bitcoin and track its value via the CoinDesk Bitcoin Benchmark, ensuring regulated and transparent pricing. If approved, shares would trade on NYSE Arca, allowing creation and redemption in cash or bitcoin. The move signals Wall Street’s increasing embrace of crypto spot products amid rising institutional demand.

The post Kraken Becomes First Crypto Firm with Fed Master Account appeared first on Coinpedia Fintech News

Kraken’s banking arm, Kraken Financial, has become the first crypto company in the U.S. to secure access to the Federal Reserve’s core payment systems via a Fed master account, allowing direct use of Fedwire for dollar settlements without intermediary banks. This milestone marks a major step toward integrating digital assets with traditional finance and comes amid a more crypto‑friendly regulatory climate. While the account doesn’t include all bank privileges, it promises faster, more reliable transactions and boosts Kraken’s institutional credibility.

The post Tether Invests in Eight Sleep to Advance AI-Powered Health Tech appeared first on Coinpedia Fintech News

Tether Investments has made a strategic $1.5 billion investment in New York–based Eight Sleep to accelerate AI-driven health technology and personalized sleep optimization. Eight Sleep combines advanced AI with embedded sensors to monitor and enhance sleep quality. Through this partnership, Tether’s QVAC architecture will power adaptive, edge‑intelligence features in Eight Sleep products, transforming continuous health data into actionable insights. Tether views this technology as essential for improving longevity, performance, and overall wellness.

The post Why Bitcoin is Surging? appeared first on Coinpedia Fintech News

Bitcoin is showing strength even as global markets face rising tension. Conflicts involving Iran, complicated oil and gas trade routes, and a 70% surge in European gas prices have increased uncertainty. Meanwhile, South Korean stocks fell another 12% today. Despite this, Bitcoin has moved back above $71,000, supported by five straight days of inflows into spot Bitcoin ETFs. Buying activity is also rising, with Binance’s buy-to-sell ratio reaching 1.18, the highest this year. Strong buying pushed volumes above $1 billion per hour, helping BTC break higher. If inflows and buying pressure continue, Bitcoin could see further short-term gains.

The post Coinbase CEO: Crypto Foundations Stronger Than Ever appeared first on Coinpedia Fintech News

Coinbase CEO Brian Armstrong highlighted the crypto market’s growing strength, citing faster settlements, institutional adoption, clearer regulations, ETF growth, and countries exploring Bitcoin reserves. His optimism came as Bitcoin surged over 6% in 24 hours, climbing past $71,000 after weekend fears from U.S. and Israeli strikes on Iran. Spot Bitcoin ETFs saw over $1 billion in weekly inflows, while reactions on X ranged from bullish cheers to memes about empty wallets during volatile swings, reflecting renewed confidence in crypto infrastructure and market resilience.

The post Bitcoin Whale Profits $570K as Bitcoin Price Rise Above $71K appeared first on Coinpedia Fintech News

Bitcoin has climbed back above $71,000, and one trader quickly took advantage of the move. Wallet 0x004E opened a 30x long position on 600 BTC worth about $42.7 million at an entry price of $70,235.8 in the last 20 minutes. As the price rose, the position reached about $570,000 in unrealized profit. If Bitcoin drops to $66,942.69, the position could be liquidated.

The post Bitcoin, Ethereum, and XRP Price Surge appeared first on Coinpedia Fintech News

The crypto market roared back to life as Bitcoin surged past $71,000 and Ethereum crossed $2,050, sparking a rapid market rally. Bitcoin jumped 5%, adding nearly $70 billion to its market cap, while Ethereum climbed 5.6%, gaining $14 billion. In just five hours, the total crypto market expanded by about $100 billion. The sharp move triggered a wave of liquidations, wiping out nearly $110 million in short positions as bullish momentum swept across the market.

The post OKX Launches Perpetual Futures for Top U.S. Stocks on March 4 appeared first on Coinpedia Fintech News

Crypto exchange OKX will introduce USDT‑settled perpetual futures for selected U.S. equities on March 4, 2026, available through its web platform, mobile app, and API in supported jurisdictions. These 24/7 contracts carry leverage from 0.01x to 5x, letting traders speculate on price moves without owning shares. Initial listings include major tech names like NVDA, MU, SNDK, GOOGL, MSFT, AAPL, and META, plus index trackers QQQ and SPY. The launch expands equity derivative options and bridges traditional markets with crypto trading.

The post Trump Privately Meets Coinbase CEO appeared first on Coinpedia Fintech News

President Donald Trump held a private meeting Tuesday with Coinbase CEO Brian Armstrong just hours before publicly criticizing big banks for blocking progress on U.S. crypto market structure legislation. Trump accused banks of undermining the GENIUS Act and stalling the broader CLARITY Act by pushing to ban stablecoin yield programs, a point of contention between banks and crypto firms. He urged lawmakers to pass the bill “ASAP” to bring regulatory clarity and protect American crypto innovation.

The post Bitcoin Price Holds Near $68K as South Korea Stock Market Crashes  appeared first on Coinpedia Fintech News

Bitcoin traded near $68,200 on Wednesday as global markets reacted to a sharp sell-off in South Korea’s stock market and rising geopolitical tension in the Middle East.

The cryptocurrency rose about 0.7 percent in the past 24 hours after briefly slipping below $67,500 earlier this week. Data shows Bitcoin held above a 24-hour low of $67,406 while trading volumes increased during early Asian hours.

The move comes as investors assess broader market stress following a sudden decline in South Korea’s benchmark KOSPI index.

Korea Market Crash Triggers Global Risk Reaction

South Korea’s stock market plunged more than 10 percent during Wednesday trading, triggering a circuit breaker after an earlier 8 percent drop halted trading temporarily.

The sell-off wiped out an estimated $270 billion in market value in a single session. Major semiconductor companies led the decline. Samsung Electronics fell about 10 percent, while SK Hynix dropped roughly 12 percent.

The sharp decline came as oil prices climbed above $80 amid tension in the Middle East and concerns over shipping through the Strait of Hormuz.

South Korea imports most of its energy supply, and disruptions in the region can raise production costs for industries such as semiconductor manufacturing.

The global chip sector plays a major role in artificial intelligence infrastructure, particularly through high-bandwidth memory used in advanced computing systems.

Bitcoin Institutional Demand Continues

Institutional flows into Bitcoin remain active despite volatility in global markets.

Data from spot Bitcoin ETF filings shows BlackRock’s fund purchased roughly $264 million worth of Bitcoin within the past 24 hours. The inflow indicates continued institutional exposure to the asset class even as traditional markets face turbulence.

BTC Price Consolidates Amid Market Uncertainty

While equities in Asia dropped sharply, Bitcoin remained relatively stable. The cryptocurrency continues to trade within a consolidation range between roughly $67,000 and $70,000.

A daily close above $70,000 could strengthen the bullish structure and open the path toward $77,000.

On the downside, a close below $62,000 would weaken the market structure and increase the risk of a deeper correction.

Current price action forms a bear flag pattern, which historically can lead to a downward breakout if selling pressure increases.

What Next For Bitcoin Price?

Several support and resistance levels remain important for Bitcoin’s next move. A major support zone between $54,000 and $57,000. Another support level sits near $55,000, which previously acted as strong horizontal support during earlier market corrections. 

On the upside, Bitcoin continues to face resistance near the top of its current consolidation range, a level the price has struggled to break in recent sessions. 

A decisive move above this resistance could trigger another bullish rally, while a drop below support may open the door for a deeper correction toward the mid-$50,000 range.

The post AI Models Favor Bitcoin Over Fiat in New Study appeared first on Coinpedia Fintech News

A new study by the Bitcoin Policy Institute shows that 22 of 36 top AI models ranked Bitcoin as their preferred currency in simulated economic tests, while none chose fiat as their top pick. Researchers evaluated models from OpenAI, Anthropic, Google, DeepSeek, xAI, and MiniMax across 28 currency scenarios, including store of value, payments, and settlement efficiency. The findings suggest AI sees Bitcoin’s digital properties as more favorable than traditional money in key economic roles.

The post Circle Mints $1B USDC on Solana appeared first on Coinpedia Fintech News

Circle has minted $1 billion in USDC on Solana in just hours, bringing its total 2026 issuance on the network to $23.75 billion. Institutions and exchanges create USDC by depositing dollars, fueling liquidity for trading, DeFi protocols, and new token launches on Solana’s fast, low-fee blockchain. Analysts view the surge as significant “dry powder” ready for market deployment, boosting Solana’s role as a leading stablecoin hub alongside Ethereum and Tron.

The post Ethereum Queue Hits 3.4M ETH, 60-Day Wait appeared first on Coinpedia Fintech News

Ethereum’s validator entry queue has ballooned to around 3.4 million ETH, signaling strong demand from large investors, corporations, and crypto exchanges choosing to stake rather than sell during recent market conditions. This has created one of the longest staking queues since the move to Proof of Stake, with an estimated 60-day wait for new validators to activate. Compared with about 904,000 ETH in early January, the sharp rise shows a growing commitment to locking up ETH for yield and long-term participation in network security.

The post Upbit Lists EDGE, Expands Trading Options appeared first on Coinpedia Fintech News

South Korea’s top crypto exchange, Upbit, will list the EDGE token with trading pairs in KRW, BTC, and USDT, expanding access for its large user base. EDGE (Definitive) is an on-chain trading platform that works like a decentralized exchange aggregator, offering advanced order types, multichain liquidity routing, and CEX-style execution directly from users’ wallets. The token also provides fee benefits and premium features on the Definitive platform, making it appealing for active traders.

The post Binance Plans to Acquire Five Additional Regulatory Licenses in Asia appeared first on Coinpedia Fintech News

Binance plans to acquire five more regulatory licenses in Asia this year as it expands its presence in the region’s fast-growing crypto market. The exchange already holds approvals in Australia, India, Indonesia, Japan, New Zealand, and Thailand, with South Korea expected to join after its planned acquisition of Gopax. Asia-Pacific remains a key market for the company as crypto adoption rises rapidly. Binance says it is strengthening compliance and working closely with regulators while seeking approvals in several new markets.

The post MARA Updates Bitcoin Strategy, May Sell Some Reserves appeared first on Coinpedia Fintech News

MARA Holdings revised its treasury strategy to allow the potential sale of Bitcoin holdings that were previously held long term, according to its latest SEC filing. As of December 31, 2025, the company held 53,822 BTC, with about 9,377 BTC loaned out and 5,938 BTC pledged as collateral against debt. The policy change gives MARA greater flexibility to manage liquidity and balance sheet needs, signaling a shift from its earlier strict long‑term holding approach toward a more active digital asset strategy.

The post SoFi and Mastercard Launch Bank-Backed Stablecoin appeared first on Coinpedia Fintech News

SoFi, the first U.S. nationally chartered and FDIC-insured bank to issue a stablecoin on a public blockchain, has partnered with Mastercard to use SoFiUSD for global payment settlements. Launched in December 2025 and fully backed by cash reserves, SoFiUSD enables instant 24/7 transactions for businesses, cross-border remittances, and B2B payments. SoFi CEO Anthony Noto called it a key step toward faster, cheaper, and safer money movement, while Mastercard highlighted how it combines regulated digital currency with its trusted scale amid $30 billion in daily stablecoin volume.