Author: Kryptonews

Political action committees (PACs) representing the interests of the crypto industry have already secured millions of dollars in funding as the US heads toward its midterm elections.Super PACs are the uber-rich, no-limits, non-disclosure counterparts to crypto PACs. Last year, the industry spent at least $245 million in campaign contributions alone.The main super PAC funded by the cryptocurrency industry, Fairshake, raised some $133 million in 2025, bringing its total cash on hand up to over $190 million. Venture capital firm a16z contributed an initial $24 million, while Coinbase and Ripple each donated $25 million.This influx of cash has alarmed activist and…

cMost game studios launch with hope. Origami launched with receipts.  When a new gaming platform enters the market, operators face a familiar gamble: invest resources integrating unproven content, hope it resonates with players, and pray it drives revenue. It’s expensive, risky, and often disappointing. Origami is rewriting this equation entirely. Their games didn’t just launch, they arrived with a track record that would make any established studio jealous: $20 billion in betting volume processed over the past 12 months, tens of thousands of monthly active users, and a proven ability to generate more than 50% of total platform revenue. These…

The Los Angeles County Museum of Art announced that it will open its long-awaited new building, officially called the David Geffen Galleries, on April 19 to members, who will have access to the building ahead of the public for two weeks. On Sunday, May 3, LACMA will offer access to members of its NexGenLA program, which offers free membership to LA County residents 17 and younger. Then on May 4, the expansion will officially open its doors to the public. (Members can now book reservations for the April 19–May 3 window on LACMA’s website.) Related Articles The public has already…

Key takeawaysPrivacy coins are just a step in a broader laundering pipeline after hacks. They serve as a temporary black box to disrupt traceability.Hackers typically move funds through consolidation, obfuscation and chain hopping and only then introduce privacy layers before attempting to cash out.Privacy coins are most useful immediately after a hack because they reduce onchain visibility, delay blacklisting and help break attribution links.Enforcement actions against mixers and other laundering tools often shift illicit flows toward alternative routes, including privacy coins.After crypto hacks occur, scammers often move stolen funds through privacy-focused cryptocurrencies. While this has created a perception of hackers…

The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021. The retracement unfolded alongside a broader crypto market downturn over the past two weeks, CoinGecko data shows. On Jan. 23, total crypto market capitalization stood at about $3.1 trillion, before falling to $2.2 trillion on Friday.Major assets like Bitcoin (BTC) slid from around $89,000 to about $65,000, while Ether (ETH) fell from $3,000 to near $1,800 throughout the same time frame. Bitcoin and Ethereum are the top two networks for NFTs in terms of 30-day…

ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows.On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4 million, according to a trade filing seen by Cointelegraph.The sale comes just a day after a modest 3,510-share ($630,000) purchase on Tuesday, following a series of buys at higher prices earlier in 2026.This marks ARK’s first Coinbase sale of 2026 and its first since August 2025, signaling a shift in trading strategy. The cryptocurrency exchange’s stock is down around 37%…

Key NotesMetaplanet CEO Simon Gerovich stated the company will continue steady accumulation and prepare for long-term growth.Recently, Metaplanet approved $137 million in new equity financing, largely earmarked for Bitcoin purchases in 2026.The MTPLF stock price crashed 20% in a single session on February 5, extending its annual decline by 50%. Japan’s MicroStrategy Metaplanet said that it will continue with the company’s Bitcoin accumulation plan, unfazed by the BTC BTC $66 471 24h volatility: 5.6% Market cap: $1.33 T Vol. 24h: $162.94 B price correction. This comes as Bitcoin is down more than 22% over the past week, with expectations of…

Ethereum (ETH) has entered a decisive phase after a sharp sell-off erased much of its recent gains and pushed the price toward the closely watched $2,200 level. The move followed repeated failures to break above the $2,500–$2,550 zone, triggering liquidations. Related Reading: Crypto Hacks Explode: $370 Million Stolen In January Alone: Researchers With large holders taking opposing positions and on-chain data flashing caution, ETH is now at a point where both downside risk and rebound potential remain firmly in play. ETH’s price records major losses across the board. Source: ETHUSD on Tradingview Ethereum Price Structure Weakens as $2,200 Comes Into…

ARK Invest sold $17.4 million worth of Coinbase (COIN) stock and bought a similar amount in Bullish (BLSH) stock on Thursday as crypto equities were routed.Cathie Wood’s investment management company sold 119,236 COIN shares, worth $17.4 million as of Thursday’s close. COIN lost 13.3% on the day to close at $146.12 amid ongoing tanking of the crypto market which has seen bitcoin BTC$66,263.80 fall as low as $60,000, its lowest point since November 2024.ARK also bought 716,030 shares in crypto exchange Bullish, according to an emailed disclosure. The shares are worth $17.8 million, based on BLSH’s closing price of $24.90,…

Bitcoin (BTC) liquidated billions of dollars going into Friday as BTC price action set bearish records.Key points:Bitcoin liquidates $2.6 billion as it sees its first red $10,000 daily candle ever.BTC price action dives further in percentage terms than on any day since the 2022 bear market.It may take until 2028 for Bitcoin to return above $93,500 again.Bitcoin seals biggest daily dollar rout in historyData from TradingView showed BTC/USD consolidating after bouncing from $59,930 — its first trip below the $60,000 mark since October 2024. BTC/USD one-day chart. Source: Cointelegraph/TradingViewSustained selling pressure during Thursday’s US trading session eventually sparked a liquidation…