The post Coinbase Faces $400 Million Blow After Cyberattack Fallout appeared first on Coinpedia Fintech News In a recent security mishap, Coinbase, one of the biggest crypto exchanges in the world, has found itself facing an internal betrayal. The breach didn’t come from hackers breaking through firewalls—it came from insiders leaking private information of coinbase customer. This cyber attack is expected to cost the company anywhere between $180 million and $400 million. How the Breach Happened According to a blog post by the company, some overseas customer support agents working for Coinbase were bribed by cybercriminals. These agents leaked personal…
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The post Bitcoin Search Drops To 6-Month Low Despite Recent Rally Above $105k appeared first on Coinpedia Fintech News After a two-week crypto rally, Bitcoin is holding strong above $100K, but retail investors are still skeptical. In 2025, big institutions have been buying most of the Bitcoin, while retail investors have been selling. However, retail interest may pick up if Bitcoin breaks above $109,350. Businesses are the largest net buyer of bitcoin so far this year, lead by @Strategy which makes up 77% of the growth. pic.twitter.com/Bbj89gyk2h — River (@River) May 12, 2025 According to Google Trends, retail interest in…
BitcoinWorld Bitcoin to Hit $500,000 to $1 Million, Binance Founder CZ Predicts Changpeng Zhao recently made a bold prediction about Bitcoin in an interview with Rug Radio on May 5th. The former Binance CEO and founder said that Bitcoin would reach $500k to $1 million in this cycle. A bold speculation that many would consider crazy, but this isn’t CZ’s first daring prediction. In December 2020, CZ shared a tweet on X (formerly Twitter), predicting that a future headline would announce Bitcoin’s crash from $101,000 to $85,000. Four years later, Bitcoin crossed the $100k mark in December 2024. In February…
The post Peace Talks or Profit Play? Trump’s Crypto Ties Cast Shadow Over India-Pakistan Deal appeared first on Coinpedia Fintech News Pakistan has signed a crypto deal with World Liberty Financial (WLF), a Defi firm where the Trump family owns about a 60% stake. However, the timing has raised eyebrows as it comes just days after the peace negotiations between India and Pakistan. For the unversed, Trump is taking credit for facilitating peace between the two nations, although India hasn’t backed that claim. Pakistan’s New Crypto Council Signs Swift Deals with WLF As reported by TOI, the newly formed Pakistan…
The post Why Crypto Market is Down Today? Altcoins Crash After Massive Profit-Taking appeared first on Coinpedia Fintech News After a strong week-long surge, the crypto market has entered a cooling phase. Major altcoins like Dogecoin, Cardano, and Solana have dropped over 5% in the past 24 hours as investors chose to lock in recent gains. The broader sentiment remains cautious as traders await fresh catalysts. Profit-Taking Hits Major Altcoins The latest dip in prices comes after a macro-driven rally last week that pushed Bitcoin to nearly $104,000 and Ethereum to $2,700. But both hit resistance at key levels, prompting…
The post Ukraine Plans National Bitcoin Reserve, Says Lawmaker Yaroslav Zheleznyak appeared first on Coinpedia Fintech News Ukraine is getting ready to do something big with Bitcoin. The government is working on a new law that could let the country officially hold Bitcoin as part of its national reserves. Member of Parliament Yaroslav Zheleznyak says the bill is almost ready. If this happens, Ukraine could join the short list of countries treating Bitcoin like a key financial asset. Ukraine Draft Bitcoin Bill Ukrainian lawmaker Yaroslav Zheleznyak has confirmed that a draft bill is being finalized to allow the government to…
The post Crypto News: Ukraine Plans Europe’s First Binance-Backed Bitcoin Reserve appeared first on Coinpedia Fintech News Ukraine is all set to make history by creating Europe’s first Strategic Bitcoin Reserve — a step backed by Binance. The country is currently pushing to legalize cryptocurrency and expand its financial system. As reported by Incrypted, officials have confirmed the plans to introduce the bill soon. However, the proposal is not yet finalised. Earlier this year, top finance official Yaroslav Zhelezniak talked about draft laws to create crypto reserves, but no details were shared. Kirill Khomyakov, Binance’s head for CEE, Central Asia,…
The post Trump To Sign Crypto Laws By August, Says Bo Hines appeared first on Coinpedia Fintech News Some big news is coming from the stage of the Consensus Toronto 2025 event. Bo Hines, a top advisor from the White House, says President Trump is still planning to sign important crypto laws by August. These include rules for stablecoins and how the crypto market should work. Let’s dive in detail! Crypto Bills Nearing: August Deadline Speaking at the Consensus 2025 event, Bo Hines shared a hopeful update on crypto progress in the U.S. shared a hopeful update on crypto progress…
The post Brazil’s New Crypto Regulation Framework Targets Foreign Stablecoin Transfers appeared first on Coinpedia Fintech News Brazil is making massive strides in the cryptocurrency space, from becoming the first country in the world to launch a spot XRP ETF to planning its own stablecoin and embracing a Bitcoin reserve strategy. And now, it’s eyeing the country’s first sovereign bonds denominated in Chinese yuan, also known as Panda Bonds. This isn’t just another financial move, it’s Brazil quietly rewriting global money rules. Brazil Strengthening Ties With China By exploring yuan-denominated bonds, Brazil is signaling interest in deepening its economic ties…
The post XRP News: Why Did Ripple’s President Meet With UAE Officials? appeared first on Coinpedia Fintech News Ripple President Monica Long recently met with UAE officials at the Dubai Fintech Summit. With big plans to boost blockchain and fintech, this move puts Ripple—and the region—right at the center of the digital finance revolution. Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum met with leaders from Kotak Mahindra, Ripple, and Bolt at the event, exploring ways to discuss collaboration and innovation in the fast-growing fintech space. There were over 9,000 attendees, including CEO’s, investors, policymakers, and innovators from more than…