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A California man, Ken Liem, has filed a lawsuit against three Asia-based banks, accusing them of failing to implement basic security measures that could have stopped scammers from defrauding him of nearly…
BlackRock’s iShares Bitcoin Trust (IBIT) experienced its largest single-day outflow since its launch, as trading in the United States resumed on January 2. Largest Outflow in IBIT’s History On January 2, BlackRock’s…
Singapore is cementing its position as Asia’s premier cryptocurrency and blockchain hub, thanks to its innovation-friendly regulatory framework and a significant increase in digital asset licenses issued in 2024. This approach has…
Despite ongoing efforts by the United Kingdom’s Financial Conduct Authority (FCA) to regulate crypto advertising, illegal promotions continue to proliferate. A recent report reveals that only 54% of the 1,702 alerts issued…
As 2025 begins, the US crypto industry is cautiously optimistic about the potential for regulatory clarity under the incoming presidential administration and Congress. With President-elect Donald Trump and a wave of freshmen…
Ether exchange-traded funds (ETFs) experienced a surge in popularity in December 2024, recording over $2.6 billion in net inflows for the month. Despite this impressive growth, Ether ETFs still lag behind Bitcoin…
Crypto lending platform Celsius has officially appealed a recent court ruling that dismissed its $444 million claim against bankrupt exchange FTX. This development is part of Celsius’ broader efforts to recover funds…
The United States Internal Revenue Service (IRS) has announced a temporary postponement of a new rule regarding the cost-basis method for cryptocurrency sales on centralized exchanges. The delay offers a reprieve to…
Venture capital (VC) investment in crypto and blockchain startups rebounded strongly in 2024, hitting $13.6 billion, according to the latest DeFi Report. This represents 4.9% of the total $279 billion invested across…
A new initiative is underway in Switzerland to amend the nation’s constitution and require the Swiss National Bank (SNB) to hold Bitcoin as part of its monetary reserves. The proposal, officially registered…
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