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Saga Pauses EVM Chain after Smart Contract Exploit
Layer 1 protocol Saga paused its SagaEVM chain after a smart contract exploit drained nearly $7 million in USDC, which was later bridged out and converted to ether.
Layer 1 blockchain protocol Saga has paused its SagaEVM chain following a smart contract exploit that resulted in the loss of nearly $7 million in USDC. The project said the incident involved unauthorized withdrawals that were quickly bridged out of the network and converted into Ether. Saga halted the chain after detecting suspicious activity and identified the wallet associated with the attacker.
The team said the exploit stemmed from a coordinated sequence of contract deployments, liquidity movements, and cross-chain interactions. Saga emphasized that the incident was isolated to the SagaEVM chain and did not impact its core infrastructure, validator set, or consensus mechanisms. No evidence of compromised keys or validator failures was found.
Saga said it is working with exchanges and bridge operators to blacklist the attacker’s address and limit further risk. A full post-mortem is expected after the investigation concludes, as the broader crypto sector continues to face elevated levels of security breaches.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bitwise Says Q4 Showed Signs of Bear Market Bottom
Bitwise said crypto markets showed characteristics of a potential bear market bottom in the fourth quarter, despite weak price performance.
The fourth quarter of 2025 showed signs consistent with a potential bottom in the crypto bear market, according to a new report from crypto asset manager Bitwise. Chief investment officer Matt Hougan said markets delivered mixed signals, with prices declining even as several underlying fundamentals strengthened.
Hougan compared the period to early 2023, when crypto prices struggled in the aftermath of the FTX collapse despite improving onchain and business metrics. He said similar divergences between sentiment and fundamentals have historically appeared near cyclical lows, though he emphasized that outcomes remain uncertain.
Bitwise highlighted several data points from Q4, including record transaction activity on Ethereum and layer-2 networks, continued revenue growth among crypto-native firms, and stablecoin usage reaching new highs. The report also noted sustained adoption in decentralized finance, with decentralized exchanges processing volumes comparable to centralized platforms. Analysts across the market remain divided on the outlook for 2026, reflecting ongoing macroeconomic and policy uncertainty.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Thailand Prepares Crypto ETF Rules as Institutional Interest Grows
Thailand’s securities regulator is drafting rules for crypto ETFs and futures trading as the country seeks to attract more institutional participation.
Thailand’s Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds, crypto futures, and tokenized investment products, according to comments from senior officials this week. The regulator expects to issue formal guidelines for crypto ETFs early this year, aiming to improve investor access while reducing operational risks such as custody and wallet security.
In parallel, the SEC plans to enable crypto futures trading on the Thailand Futures Exchange and formally recognize digital assets as an asset class under the Derivatives Act. Additional measures include establishing market makers to support liquidity and expanding regulatory frameworks for tokenized bonds through a sandbox approach coordinated with the central bank.
The initiative reflects Thailand’s effort to position itself as a regional crypto hub for institutional investors, even as crypto payments remain restricted. The SEC is also tightening oversight of financial influencers and has recently suspended KuCoin Thailand for failing to meet capital requirements, underscoring a broader push toward stricter supervision.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
BitGo Prices IPO at $18 Ahead of NYSE Debut
Crypto custody firm BitGo priced its initial public offering at $18 per share, above its marketed range, with trading set to begin on the NYSE.
BitGo Holdings has priced its initial public offering at $18 per share, exceeding its earlier indicated range of $15 to $17, ahead of its expected debut on the New York Stock Exchange. Shares are set to trade under the ticker BTGO, with the offering expected to close later this week, subject to customary conditions.
The IPO includes 11.8 million shares of Class A common stock and is projected to raise approximately $212.8 million in gross proceeds. Of that total, about 795,000 shares are being sold by existing shareholders, meaning BitGo will not receive proceeds from those sales. The offering implies a valuation of more than $2 billion for the company.
Founded in 2013, BitGo has built its business around digital asset custody and infrastructure, reporting more than $90 billion in assets under custody. The listing underscores growing investor focus on crypto-native service providers as institutional participation in digital assets expands.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Strive Targets $150M Raise to Reduce Debt and Expand Bitcoin Holdings
Strive plans to raise up to $150 million through a preferred stock offering to pay down debt and potentially increase its Bitcoin exposure.
Strive, an asset manager co-founded in 2022 by Vivek Ramaswamy, plans to raise as much as $150 million through an offering of Variable Rate Series A Perpetual Preferred Stock. The proceeds are intended primarily for debt reduction and, if excess capital remains, additional Bitcoin purchases.
The funds would be used to reduce liabilities at Strive’s wholly owned subsidiary, Semler Scientific, including repurchasing portions of its 4.25% convertible senior notes due in 2030 and outstanding borrowings under a loan agreement with Coinbase Credit. Strive said the move is aimed at simplifying its balance sheet and returning to a preferred-equity-focused capital structure.
Strive also plans to pursue private debt-for-equity exchanges with certain noteholders, which could reduce the size of the public offering but would not generate new cash. The preferred shares carry an initial annual dividend rate of 12.25%, paid monthly, with terms that adjust based on market conditions.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Aave Hands Lens Stewardship to Mask Network
Aave has transferred stewardship of the Lens Protocol to Mask Network as it refocuses on core DeFi infrastructure and protocol development.
Aave has handed stewardship of the Lens Protocol to Mask Network, shifting responsibility for consumer-facing social applications while retaining Lens as open-source infrastructure. Aave founder Stani Kulechov said the move reflects a strategic refocus on decentralized finance, with Aave stepping back from product execution into a technical advisory role.
Under the new arrangement, Mask Network will lead development at the application layer, including product roadmap decisions, user experience, and day-to-day operations for Lens-based social apps. Lens’ core components, such as its onchain social graph and smart contracts, will remain permissionless and open-source, with no changes announced to protocol ownership or governance.
The transition reinforces Lens’ original positioning as infrastructure rather than a standalone platform. For Aave, the move allows greater concentration on DeFi protocol development, while Mask Network expands its footprint in decentralized social technology amid renewed interest in open, composable social networks.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Solana Mobile Launches SKR Airdrop for Seeker Users
Solana Mobile has launched an SKR token airdrop for Solana Seeker smartphone users, distributing nearly 2 billion tokens to the community.
Solana Mobile has launched an airdrop of its SKR token for users of the Solana Seeker smartphone, expanding the token economy around its Web3-focused mobile platform. The SKR token serves as the utility and governance asset for the Solana Mobile ecosystem and is now live on the Solana blockchain.
The airdrop allocates nearly 2 billion SKR tokens to more than 100,000 Seeker users and participating developers. Eligible users have a 90-day window to claim their tokens, which can be staked immediately through Solana Mobile’s staking interface to earn protocol-defined rewards. SKR has a fixed supply of 10 billion tokens and is issued as a standard Solana SPL asset.
The initiative underscores Solana Mobile’s strategy to align incentives among users, developers, and ecosystem partners. By pairing hardware distribution with token-based participation, the company is positioning its mobile products as an access point for onchain applications, governance, and rewards within the broader Solana ecosystem.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Chainlink Launches 24/5 US Equities Data for Tokenized Markets
Chainlink has launched 24/5 data streams for US stocks and ETFs, supporting tokenized equities trading beyond standard market hours.
Chainlink has introduced 24/5 US equities and exchange-traded fund data streams designed to support tokenized stocks and ETFs across crypto-native platforms. The new service extends Chainlink’s existing market data products, providing continuous pricing coverage during weekdays beyond traditional US trading hours.
The data streams are intended to enable crypto platforms to offer trading, lending, and derivatives tied to tokenized equities, addressing a key limitation in bringing traditional financial assets on-chain. Chainlink said US stocks remain underrepresented in blockchain markets due to fragmented trading sessions, creating demand for more consistent and high-fidelity data.
The launch comes as crypto firms and traditional exchanges move toward round-the-clock market access. Several protocols have already integrated the new data feeds, while regulators and major exchanges are evaluating always-on trading models. Chainlink said it plans to expand coverage to additional asset classes and regions as on-chain financial infrastructure continues to develop.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bitcoin Online Interest Fell in 2025 Despite Record Prices
Bitcoin search activity and social media mentions declined in 2025, even as prices reached new highs and volatility increased.
Bitcoin experienced a decline in online attention during 2025, despite reaching multiple record price levels over the year. Google Trends data shows global search interest peaked after the November 2024 US election before trending lower throughout 2025, with only brief periods of renewed attention in the second half of the year.
Social media activity reflected a similar pattern. Data shared by Bitcoin developer Jameson Lopp shows that posts on X containing the term “Bitcoin” fell roughly 32% year over year, dropping to about 96 million mentions. Posting activity peaked around major political and policy events early in the year, then steadily cooled despite continued price volatility.
The divergence between price performance and online engagement suggests reduced retail participation and growing market maturity. While prominent Bitcoin advocates remained highly active, broader sentiment indicators point to cautious positioning, even as Bitcoin prices recovered during parts of the year.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bhutan to Deploy Sei Validator, Explore Tokenization Projects
Bhutan plans to deploy a Sei Network validator in the first quarter, expanding its blockchain strategy while exploring tokenization and payments initiatives.
Bhutan is preparing to deploy and operate a validator on the Sei Network in the first quarter, marking another step in its broader digital transformation strategy. The initiative is being developed in collaboration with the Sei Development Foundation and Druk Holding and Investments, Bhutan’s sovereign wealth fund.
Running a validator will allow Bhutan to participate directly in securing the proof-of-stake network, validating transactions, and contributing to protocol governance. Officials at Druk Holding said the deployment aligns with longer-term efforts to build domestic capabilities in blockchain infrastructure and data-driven technologies.
Beyond validator operations, Bhutan and the Sei Development Foundation are exploring potential collaborations in areas such as tokenization, payments, and digital identity. The move builds on Bhutan’s existing blockchain activity, which includes Bitcoin mining operations and a self-sovereign identity system powered by Ethereum. Together, these initiatives position the country as an active government participant in blockchain adoption rather than a passive observer.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Galaxy Plans $100M Hedge Fund for Long and Short Crypto Bets
Galaxy is preparing to launch a $100 million hedge fund designed to profit from both rising and falling crypto prices across digital assets and related equities.
Galaxy is set to launch a $100 million hedge fund in the first quarter, targeting opportunities across both rising and falling cryptocurrency prices. The strategy will take long and short positions in digital assets as well as traditional equities linked to financial infrastructure.
Up to 30% of the fund’s capital will be allocated directly to crypto tokens, with the remainder invested in financial services stocks affected by regulation, blockchain adoption, and technology trends. The fund has secured $100 million in commitments from family offices, high-net-worth individuals, and select institutional investors, with Galaxy expected to provide a seed investment.
The initiative comes as crypto markets show increased volatility following a recent pullback from prior highs. Galaxy executives have characterized the environment as shifting away from an up-only cycle, reinforcing demand for more flexible trading strategies that can adapt to changing macro and regulatory conditions.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Nansen Launches AI Trading Tools on Base and Solana
Nansen has introduced AI-driven crypto trading tools that allow users to execute trades through natural language prompts on Base and Solana.
Nansen has launched AI-powered crypto trading tools that allow users to execute transactions using natural language commands, marking its expansion from onchain analytics into trade execution. The tools are available through Nansen’s mobile app and replace traditional charts and order books with conversational prompts, targeting retail users seeking simplified market access.
The initial rollout supports trading on the Base and Solana blockchains. The AI system analyzes onchain data from Nansen’s proprietary database to generate insights before executing trades, while users retain final decision-making control. Trade execution is handled through the embedded Nansen Wallet and supported by integrations with liquidity and cross-chain infrastructure providers.
The launch reflects broader industry efforts to integrate AI into crypto trading workflows, lowering technical barriers while raising new considerations around automation and user responsibility. Nansen said access will be restricted in certain jurisdictions due to regulatory requirements, underscoring the evolving compliance landscape for AI-enabled financial tools.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Massachusetts Judge Bars Kalshi from Offering Sports Bets
A Massachusetts court granted a preliminary injunction blocking prediction-market operator Kalshi from offering sports bets to state residents without a gaming license.
A Massachusetts judge on January 20 granted a preliminary injunction barring prediction-markets operator Kalshi from offering sports betting to residents of the state, concluding that its event contracts fall under state gambling laws. Suffolk County Superior Court Judge Christopher Barry-Smith approved the injunction at the request of Massachusetts Attorney General Andrea Joy Campbell, who alleged the platform was offering illegal sports wagering without the required license from the Massachusetts Gaming Commission. The court action represents a significant legal setback for Kalshi’s products in at least one major US market.
Kalshi has marketed its sports-related event contracts as prediction market offerings regulated federally by the US Commodity Futures Trading Commission. However, the judge rejected this defense and found that state gaming laws still apply to such services absent explicit preemption. The ruling underscored that Kalshi continued to operate in Massachusetts, knowing its model could conflict with local enforcement regimes, yet did so without securing a state license.
The decision could have implications beyond Massachusetts, as other states weigh legal and regulatory responses to prediction markets that resemble gambling. Kalshi faces similar legal challenges in multiple jurisdictions where regulators have argued the products constitute unlicensed betting. A hearing is scheduled to determine how the injunction will be implemented and whether it may be stayed pending appeal.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
White Whale Memecoin Slides 60% after Dump by Large Holders
Solana-based meme coin White Whale fell 60% within minutes after large holders sold $1.3 million in tokens, sparking rug pull accusations across the market.
White Whale, a Solana-based memecoin launched three months ago on Pump.fun, plunged roughly 60% within minutes on Monday following a sudden sell-off by large holders. Onchain data indicates the largest wallet offloaded about $1.3 million worth of tokens, triggering sharp losses and fueling accusations of a coordinated rug pull.
Blockchain analysts flagged that at least one early participant realized significant gains. One trader reportedly acquired a sizable position for a minimal initial cost before selling a portion during peak trading, contributing to the rapid decline. Despite the crash, some large wallets continue to hold substantial balances, suggesting incomplete liquidation.
The episode comes amid heightened scrutiny of memecoin sustainability as market conditions remain volatile. While White Whale has since partially rebounded, the incident underscores structural risks in thinly traded tokens and reflects broader concerns about liquidity events and investor protections in the memecoin sector.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Spot Bitcoin ETFs See $395M Outflows amid Trade Tensions
US spot Bitcoin ETFs returned to net outflows as geopolitical uncertainty tied to US-EU trade tensions weighed on crypto markets.
US spot Bitcoin exchange-traded funds posted net outflows of $394.7 million on January 16, reversing a four-day inflow streak as broader crypto markets weakened. Data shows Fidelity’s FBTC led the withdrawals, while Grayscale, Bitwise, and Ark and 21Shares products also saw significant redemptions, partially offset by modest inflows into BlackRock’s IBIT.
The shift followed reports of escalating trade tensions between the United States and the European Union after comments from President Donald Trump regarding potential tariffs linked to Greenland. The geopolitical backdrop added pressure to bitcoin, which fell from recent highs above $95,000 and extended losses into the weekend amid reduced risk appetite.
Market participants also pointed to domestic policy uncertainty after delays to US crypto market structure legislation. While other crypto ETFs showed mixed flows, analysts said macro and political risks continue to shape short-term sentiment across digital asset markets.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.