General News

Roaring Kitty’s GameStop Fraud Allegations Likely to Fail

Keith Gill, famously known as "Roaring Kitty" from the 2021 GameStop short-squeeze, is now embroiled in a class-action lawsuit. The lawsuit accuses Gill of...

Nigerian Regulator Highlights Youth Interest in Crypto

Emomotimi Agama, the Director General of Nigeria’s Securities and Exchange Commission (SEC), noted that young Nigerians are increasingly adopting cryptocurrencies, attracted by their secrecy...

Hacks and Fraud Cost Crypto Industry Over $572 Million in Q2 2024

In the second quarter of 2024, digital assets worth over $572.7 million were lost to hacks and fraud, bringing the total for the year...

SEC Sues Consensys Over MetaMask’s Brokerage and Staking Services

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, the parent company of MetaMask, alleging the company has been...

IRS Reveals Final Regulations for Crypto Broker Rules

The United States Internal Revenue Service (IRS) has unveiled the final draft of its new crypto broker reporting requirements, clarifying which industry participants will...

Riot Platforms’ Takeover Bid Sparks Board Changes at Bitfarms

In a strategic move to counter a potential hostile takeover, Bitfarms has appointed a new independent board member amid tensions with Riot Platforms. This...

History Associates Joins Coinbase in FDIC Legal Battle

History Associates has partnered with Coinbase in a lawsuit against the United States Federal Deposit Insurance Corporation (FDIC) to compel compliance with a Freedom...

Nigerian SEC Projects $52.5 Million Crypto Market by 2028

Emomotimi Agama, the Director General of Nigeria's Securities and Exchange Commission (SEC), has emphasized the significant benefits that cryptocurrency could bring to the country's...

Yield App Ceases Operations Due to FTX-Related Losses

Yield App, a crypto investment platform based in Seychelles, has announced an immediate halt to all operations due to substantial losses tied to the...

Bitcoin Spikes as Trump Gains Edge Over Biden in Debate

Bitcoin's price saw a notable increase of 1.1% as former President Donald Trump gained an edge over current President Joe Biden in betting markets...

Coinbase and Stripe Partner to Streamline Crypto Onboarding

Coinbase and Stripe have teamed up to introduce seamless fiat-to-crypto on-ramps and off-ramps for users of both platforms, according to a June 27 announcement....

Asia-Pacific Market Heats Up for Bitcoin and Ethereum ETFs

The Asia-Pacific market for Bitcoin and Ethereum exchange-traded funds (ETFs) is rapidly expanding. In June, two Bitcoin ETFs launched in Australia, following the introduction...