Todayq

The Swiss National Bank won’t be adding #bitcoin to its reserves. Citing volatility, legal gaps, and unreliable software, SNB remains skeptical of digital assets, even as the US sets up a strategic #crypto stockpile. Here's what SNB vice president Martin Schlegel had to say and why Switzerland is still playing it safe. Read Full Story: https://lnkd.in/gzjxZqHH

#Tether, the issuer of the largest #stablecoin USDT, is in discussions with leading audit firms—KPMG, Deloitte, PwC, and EY—to conduct a full audit of its reserves. This marks a significant step towards addressing long-standing transparency and reserve sufficiency concerns. Read Full Story: https://lnkd.in/garYbfqZ

A cloth merchant from Rishikesh lost ₹2.67 crore in a well-planned #crypto scam. It began with a Facebook chat and ended with fake profits and UPI payments. The woman behind the fraud posed as a trader and tricked him into USDT investments. The case is now under cyber police investigation. Read Full Story: https://lnkd.in/g2VHcw5V

Had an incredible time organizing a quick engaging #Crypto Trivia Event in collaboration with WeWork India. We teamed up to bring a vibrant, real-world experience that blended learning with laughter, offering attendees the chance to test their crypto knowledge 💡, win amazing prizes, and most importantly - spark conversations around Web3. Huge thanks to our passionate team, and everyone who showed up with curiosity and competitive spirit. This is how we make Web3 mainstream - one conversation (and trivia question) at a time.

In a major security breach, the Zoth restaking platform lost over $8 million after hackers compromised its deployer wallet. #Blockchain analysis firm Cyvers Alerts reported the incident, noting that the proxy contract 'USD0PPSubVaultUpgradeable' was upgraded by a suspicious address shortly before the attack. The stolen assets were quickly converted into DAI #stablecoin and moved to an unknown address. Read Full Story: https://lnkd.in/gE6fmCgy

As Q1 2025 nears its end, the #cryptocurrency market is showing continued bearish momentum, with a sharp decline of over 17% in the past week alone. Market capitalization has dropped to $2.71 trillion, far from the $4 trillion goal that analysts once predicted. On January 1st, 2025, the market cap stood at $3.2 trillion, with #Bitcoin near $93,425 and neutral market sentiment. A mix of futures expiry, declining volume, and low investor confidence has taken a toll. Read Full Story: https://lnkd.in/gXKXsjic

Australia is launching an enhanced regulatory program in 2025 to help #crypto and fintech startups test products without needing a full license. This move is part of the country’s effort to modernize finance through tokenization, digital currency trials, and tighter rules that improve access, safety, and innovation across the broader economy. Read Full Story: https://lnkd.in/g-pTN7P6

Study by Hjalte Fejerskov Boas and Mona Barake reveals that over 90% of #crypto traders in Denmark failed to report their gains or losses in 2021. The researchers analyzed data from 3 regulated exchanges, cross-border bank transfers, and tax filings. Due to Denmark's high crypto capital gains tax of up to 52%, many traders have shifted their activities to offshore exchanges to avoid regulatory scrutiny. Read Full Story: https://lnkd.in/gXw28i9E

Over $2 billion in #Bitcoin and #Ethereum options are set to expire today, just after the FOMC minutes and #crypto summit stirred fresh market expectations. With BTC nearing $85K and ETH close to $2K, price action could intensify. Traders are watching closely for any sharp moves as expiry hits at 8:00 UTC. Read Full Story: https://lnkd.in/gmViyCbv

In a shocking #crypto-related crime, a South Korean teacher has been sentenced to two years in jail for stealing 80M won from students and parents to purchase digital assets. The Jeju District Court rejected the teacher's appeal, citing the severity of the offense despite the restitution made. The individual is also accused of running a secondhand goods scam worth 7M won and borrowing an additional $4k. Read Full Story:https://lnkd.in/gMFZiXFY