The post Why Did the US Attack Iran? appeared first on Coinpedia Fintech News

On February 28, 2026, the U.S. and Israel launched joint strikes on Iran to target military bases, missile sites, and suspected nuclear facilities in Tehran and other cities. President Trump described the operation as “massive and ongoing,” aimed at dismantling Iran’s missile and nuclear programs and reducing threats to regional security. Israel declared a nationwide emergency, warning of potential Iranian retaliation. In response, Iran vowed a “crushing response” and closed its airspace. Explosions and smoke in Tehran sparked global concern, sending shockwaves through markets as Bitcoin and other cryptocurrencies fell sharply amid rising Middle East tensions.

The post Why Is Crypto Crashing? appeared first on Coinpedia Fintech News

Cryptocurrency markets are falling sharply as geopolitical and financial pressures collide. Bitcoin fell sharply to $63,000 after U.S. and Israeli strikes on Iran triggered panic across global markets. Nearly $75 billion was wiped from crypto’s total value, with over 154,000 traders liquidated and $522 million in forced closures, mostly long positions. BTC futures volume surged to $76 billion, showing heavy leveraged selling rather than organic exits. The total crypto market cap dropped 5.5% to $2.21 trillion as rising war tensions fueled uncertainty and risk-off sentiment.

The post Trump Confirms Launch Operation Against Iran appeared first on Coinpedia Fintech News

President Trump announced and ordered a large-scale U.S. military assault against Iran, with explosions reported in Tehran as Israel carried out coordinated strikes on Iranian regime targets. Trump described the action as necessary to neutralize Iran’s nuclear threat and weaken its military, while Israeli Prime Minister Benjamin Netanyahu called the mission “Lion’s Roar.” Smoke was seen over government buildings and suspected nuclear-related sites near Parchin, and Iranian officials vowed swift retaliation as missile alerts sounded across Israel. Some opposition figures welcomed the offensive, while global leaders watched closely for escalation.

The post Why Is Bitcoin Dropping? appeared first on Coinpedia Fintech News

Bitcoin fell 6.25% to $63,442 in 24 hours, hit by a wave of liquidations and growing risk aversion across markets. About $87.8 million in BTC positions were wiped out as funding rates turned negative, signaling heavy leveraged selling. Heavy liquidations, nearly $100 million in long positions, were triggered when prices slid, flushing out leveraged traders. The decline also follows broader crypto weakness and rising geopolitical tensions between Iran and Israel, adding to global market uncertainty. If Bitcoin fails to reclaim $66,307, it could retest support near $60,074.

The post Bitcoin Falls to $63K as Israel-Iran Conflict Escalates appeared first on Coinpedia Fintech News

Bitcoin dropped to around $63,000 after reports of an Israeli strike on Iran escalated geopolitical tensions and rattled global markets. The sudden risk-off reaction triggered over $100 million in leveraged long liquidations within minutes, amplifying the downside move. Crypto markets saw a sharp spike in volatility as traders reduced exposure, with derivatives funding rates flipping and open interest declining. The move highlights Bitcoin’s sensitivity to geopolitical risk, with volatility rising sharply during unexpected global events.

The post Tether Freezes $4.2B in USDT to Fight Crime appeared first on Coinpedia Fintech News

Tether has frozen roughly $4.2 billion in USDT linked to illegal activities, including $3.5 billion since 2023. Recently, the company helped the U.S. Department of Justice block $61 million connected to “pig-butchering” scams. With a total circulating supply now above $180 billion, Tether can remotely freeze tokens in user wallets when requested by authorities, demonstrating how stablecoins can play a role in combating crypto-related crime.

The post Grant Cardone to Tokenize $5 Billion in Real Estate Assets appeared first on Coinpedia Fintech News

Billionaire investor Grant Cardone says his company, Cardone Capital, is preparing to tokenise about $5 billion in U.S. real estate assets, aiming to turn property equity into digital tokens that can improve liquidity and act as collateral in secondary markets. The firm is exploring Layer 2 blockchain partners to support high‑volume token issuance and lower transaction costs as part of a broader strategy that includes holding Bitcoin. This push reflects growing interest in real estate tokenisation, projected to expand significantly despite regulatory hurdles.

The post ZKsync Lite to Shutdown on May 4, 2026 appeared first on Coinpedia Fintech News

ZKsync has announced that ZKsync Lite will be retired on May 4, 2026, with block production stopping and the network’s final state permanently frozen to ensure balances cannot change. Launched as a payment-focused ZK-rollup, ZKsync Lite helped demonstrate the potential of zero-knowledge technology, but the project is now concentrating on newer chains and the broader zkSync ecosystem. Users can still claim their funds, and other ZKsync systems will continue operating without disruption.

The post $4.8M Crypto Stolen After South Korea Tax Leak appeared first on Coinpedia Fintech News

South Korea’s National Tax Service accidentally exposed the recovery seed phrase of a seized crypto wallet in a public press release photo, leading attackers to drain about $4.8 million worth of PRTG tokens shortly afterward. The leaked seed phrase gave full control of the wallet, allowing transfers to unknown addresses within hours. Experts say the mistake highlights serious gaps in how authorities handle and secure sensitive digital asset information, raising concerns about institutional readiness for crypto regulation and custody.

The post UK Gambling Commission to Allow Crypto for Betting appeared first on Coinpedia Fintech News

The UK Gambling Commission is exploring allowing cryptocurrency payments for bets, starting discussions on how digital assets could be used by licensed gambling operators in the country. This move comes as the Financial Conduct Authority advances its digital asset regulatory framework, with new crypto rules expected to take effect by October 2027, and could open the door for gambling firms to seek crypto‑related licences under the updated regime. Regulators say the change could help protect consumers and reduce illegal gambling, though challenges like anti‑money laundering checks and crypto volatility remain key concerns.

The post Minnesota Moves to Ban Crypto ATMs appeared first on Coinpedia Fintech News

Minnesota legislators introduced House File 3642, a bill that would ban the placement and operation of all cryptocurrency kiosks, physical crypto ATMs, across the state by prohibiting anyone from installing or running them. The proposal also calls for repealing existing rules that regulate kiosk licensing, require disclosures, set transaction limits, and govern consumer protections, effectively dismantling the current legal framework. Supporters say the ban aims to reduce scams tied to these machines, while critics worry it could limit access to digital currency services for residents

The post MARA Faces $1.7B Loss as Bitcoin Slide Hits Hard appeared first on Coinpedia Fintech News

Marathon Digital Holdings (MARA) reported a $1.7 billion net loss in Q4 2025, down from a $528 million profit last year, mainly due to a $1.5 billion write-down on its Bitcoin after BTC fell about 30%. Revenue dropped 6% to $202.3 million, and adjusted EBITDA was negative $1.49 billion. By year-end, MARA held 53,822 BTC, with about 28% loaned or pledged, highlighting how Bitcoin price swings can hit the company’s earnings hard.

The post Bitcoin Holds at $67K Amid Market Uncertainty appeared first on Coinpedia Fintech News

Bitcoin is trading near $67,000 after a volatile week that pushed it down to $64,000 following President Donald Trump’s 15 percent global tariff announcement and over $1 billion in liquidations. Analyst Willy Woo sees a possible bear market bottom near $45,000, with some warning of $30,000 if support fails. Meanwhile, Bitwise CIO Matt Hougan and MicroStrategy’s Michael Saylor argue the pullback is healthy, pointing to whale accumulation and long term cycle trends for a potential rebound.

The post Morgan Stanley Moves to Offer Bitcoin Custody and Trading appeared first on Coinpedia Fintech News

At the Bitcoin for Corporations conference in Las Vegas, Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, confirmed that the Wall Street bank plans to create its own Bitcoin custody and trading infrastructure for clients. The firm, which manages nearly $9 trillion in assets, is also exploring Bitcoin‑based yield and lending products as part of its broader digital asset roadmap. Oldenburg said developing these services internally is essential and a natural next step, though the bank is still early in the process.

The post Terra Classic (LUNC) Surges 27% appeared first on Coinpedia Fintech News

Terra Classic (LUNC) jumped 26.69% to $0.0000459 in 24 hours, sharply outperforming a mostly flat crypto market. The rally is driven by a rotation of capital into speculative altcoins, reflected in a rising Altcoin Season Index and extreme gains in low-cap tokens. A high-volume breakout above the 200-day simple moving average at $0.0000447 and key Fibonacci resistance confirms strong buyer momentum. If LUNC holds this support, it could target $0.0000494, while a drop could trigger a pullback toward $0.0000400.

The post Citi to Bring Bitcoin to Mainstream Finance appeared first on Coinpedia Fintech News

Citibank plans to roll out Bitcoin infrastructure later this year to bring the cryptocurrency into mainstream finance, an executive said at the Strategy World event. The initiative will start with institutional‑grade custody, key management, and wallet services, allowing clients to manage BTC alongside stocks and bonds within existing tax, reporting, and compliance systems. Citi has been building this capability for years, aiming to make Bitcoin easier and safer for large institutions to use while fitting it into traditional financial systems.

The post Aave Surpasses $1 Trillion in DeFi Lending appeared first on Coinpedia Fintech News

Aave, the DeFi lending platform founded by Stani Kulechov in 2020, has surpassed $1 trillion in cumulative loans across multiple blockchains, up from $500 billion just months ago. The platform leads DeFi with $27.4 billion in total value locked and $83 million in recent fees. Its Horizon platform attracts institutions using tokenized assets like U.S. Treasurys as collateral. Active loans currently stand at $17 billion, highlighting Aave’s growing influence in decentralized finance.

The post Telegram’s TON Wallet Adds Crypto Yield Feature appeared first on Coinpedia Fintech News

Telegram’s TON Wallet has introduced an Earn feature that lets users deposit BTC, ETH, or USDT into decentralized finance vaults to earn yield. Through partners such as Morpho and TacBuild, users can earn up to 18 percent on USDT, about 3 percent on ETH, and around 2 percent on BTC, with rewards accumulating in real time on the TON blockchain. TON Wallet CEO Andrew Rogozov says this move brings everyday holders into DeFi using Telegram’s vast global reach.

The post Indiana Crypto Bill Heads to Governor’s Desk appeared first on Coinpedia Fintech News

HB 1042 has passed both chambers of the Indiana Legislature and now awaits the signature of Eric Holcomb. The bill defines cryptocurrency under state law and requires certain public retirement plans, including PERF and TRF annuity accounts, to offer self-directed brokerage options with crypto investments by July 1, 2027. It also prevents state and local agencies from restricting crypto payments, self-custody, mining, or staking, while banning discriminatory taxes or fees.

The post FG Nexus Sells Additional Ethereum as Losses Hit $82M appeared first on Coinpedia Fintech News

Ethereum treasury firm FG Nexus sold another 7,550 ETH ($14.06M) today as it continues downsizing its holdings. The firm had bought 50,770 ETH for $196M in August–September 2025 at an average price of $3,860, but market conditions forced it to cut exposure, including a prior sale of 21,025 ETH at roughly $2,649 each. FG Nexus now holds 30,094 ETH ($57.5M), leaving it with an estimated loss of about $82.8M on its initial position.

The post Bitcoin ETFs See $258M Inflows, Fidelity Tops the List appeared first on Coinpedia Fintech News

On February 24, Bitcoin spot ETFs recorded strong inflows totaling $258 million. Fidelity’s FBTC led the day with $82.81 million in net inflows, ranking first among Bitcoin ETF products. Meanwhile, Ethereum spot ETFs posted a more modest $9.23 million in total inflows. Grayscale’s ETH fund stood out in the Ethereum category, attracting $11.08 million. The data reflects steady investor interest in crypto ETFs, with Bitcoin products continuing to dominate overall flows.