Brian Shroder, the former CEO of Binance.US, has successfully raised over $20 million in seed funding for his new project, 1Money, a layer-1 stablecoin payments network. The funding aims to accelerate the…
Texas state Senator Charles Schwertner has introduced Senate Bill (SB 778), a proposal to establish a Strategic Bitcoin Reserve for the Lone Star State. If passed, Texas would become the first state…
Crypto trading activity on centralized exchanges (CEXs) soared to an all-time high in December, coinciding with Bitcoin surpassing $100,000 for the first time and hitting a peak of $108,249 later in the…
Thailand’s former prime minister, Thaksin Shinawatra, has proposed the legalization of stablecoins and online gambling to enhance the nation’s economy and encourage innovation. He argued that stablecoins, backed by tangible assets, present…
Cryptocurrency banking firm Sygnum has achieved unicorn status with a valuation exceeding $1 billion after completing a $58 million funding round. This milestone positions the company for significant global expansion and product…
Singapore has restricted access to Polymarket, a cryptocurrency-based prediction market platform, as part of its ongoing efforts to regulate gambling activities under the Gambling Control Act 2022. On January 12, several Singaporean…
A Meta shareholder, Ethan Peck, has submitted a proposal urging the tech giant to allocate a portion of its $72 billion in cash and short-term equivalents to Bitcoin. Citing Bitcoin’s fixed supply…
Stablecoin issuer Circle has donated $1 million USD Coin (USDC) to President-elect Donald Trump’s Inauguration Committee. Circle CEO Jeremy Allaire shared the news on January 9, stating that the acceptance of the…
Bitcoin exchange-traded funds (ETFs) experienced a sharp recovery on Friday, pulling in $908.1 million—their strongest single-day inflow since late November, according to U.K.-based asset manager Farside Investors. This significant rebound follows weeks…
The Bitcoin network recorded a remarkable $19 trillion in transactions in 2024, more than doubling the $8.7 trillion settled in 2023. This achievement reversed a two-year decline in transaction volume, reinforcing Bitcoin’s…
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