General News

JPMorgan and Citi Lead Major U.S. Banks in New Blockchain Payment Initiative

Major U.S. banks, including JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo, are working together on a new blockchain-based payment network designed around...

Bitmine Seeks $300 Million to Expand Ethereum Holdings and Staking Network

Bitmine Immersion Technologies is moving forward with plans to raise up to $300 million through a new preferred stock offering as it strengthens its...

US Sanctions Iran’s Largest Crypto Exchange Nobitex Over Alleged Sanctions Evasion

The United States has imposed new sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing the platform of helping Tehran bypass international financial restrictions through...

Peter Schiff Warns Bitcoin Could Slide to $20,000 if Key Support Fails

Veteran economist Peter Schiff has renewed his bearish outlook on Bitcoin, warning that the leading cryptocurrency could fall to $20,000 or lower if it...

MoneyGram Launches MGUSD Stablecoin to Strengthen Global Payment Services

MoneyGram has launched MGUSD, a U.S. dollar-backed stablecoin built on the Stellar blockchain, as the company accelerates its transition toward blockchain-powered payment services. The...

Robinhood Completes $180M WonderFi Deal, Expands Canadian Crypto Presence

Robinhood has officially completed its acquisition of Canadian crypto platform WonderFi in a deal valued at approximately US$180 million (C$250 million). The transaction received...

Michael Saylor’s Strategy Sold Bitcoin, Marks First Disposal Since 2022

Bitcoin treasury company Strategy has sold a small portion of its Bitcoin holdings for the first time since 2022, marking a notable shift in...

Binance Brings U.S. Stock and ETF Trading to Global Users

Binance has expanded beyond cryptocurrency by launching U.S. stock and exchange-traded fund (ETF) trading for eligible users outside the United States. The move marks...

Coinbase Enables Direct INR Deposits and Withdrawals for Indian Crypto Users

Coinbase has officially expanded its presence in India by introducing direct Indian rupee (INR) deposit and withdrawal services. The new feature, available from June...

Mystery Investor Burns $8.5 Million in Bitcoin, Triggering Market Speculation

A mysterious Bitcoin holder has permanently removed 107 BTC, worth nearly $8.5 million, from circulation by sending the funds to a well-known Bitcoin burn...

Former Celsius CEO Alex Mashinsky Moves to Challenge 12-Year Prison Sentence

Former Celsius Network CEO Alex Mashinsky is attempting to overturn his 12-year prison sentence, adding a new twist to one of the cryptocurrency industry’s...

CFTC Approves First Regulated Bitcoin Perpetual Futures for U.S. Traders

The U.S. cryptocurrency market reached a major milestone after the Commodity Futures Trading Commission (CFTC) approved regulated bitcoin perpetual futures products for trading through...