General News

Mt. Gox Begins Repaying Customers After Decade-Long Wait

Mt. Gox, the once-dominant cryptocurrency exchange, has started repaying its customers, concluding nearly ten years of waiting. The company, which managed over 70% of...

Sam Ikkurty Fined $120 Million for Crypto Fraud

Sam Ikkurty and his company Jafia, LLC have been ordered by U.S. District Judge Mary Rowland to pay over $120 million in fines and...

Hong Kong to Revise Crypto Licensing and Distribution Rules

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) are poised to review requirements for virtual asset-related activities. This initiative...

Bitwise Advances Ethereum ETF Plans with Amended SEC Filing

Bitwise Asset Management has taken a significant step towards launching its Ethereum exchange-traded fund (ETF) by submitting an amended S-1 form to the Securities...

Bank of Russia Promotes Crypto Use Amid Western Sanctions

Russia’s central bank has advised businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter...

Nigerian Student Returns $14,000, Mistakenly Sent Solana Tokens

A Nigerian chemical engineering student, Anjola Femi, recently garnered praise from the crypto community for his honesty. Femi returned Solana tokens worth $14,000 that...

Crypto Advocates Gain Momentum Across States

Crypto advocates are seeing significant victories across states from Louisiana to New Hampshire, showcasing a strong bipartisan push for clear and consistent digital asset...

Kamala Harris Memecoin Surges 250%

A Kamala Harris-themed memecoin, KAMA, has surged nearly 250% since Thursday amid increasing calls for Joe Biden to bow out of the presidential race...

Genesis Digital Assets Considers IPO Amid Crypto Market Revival

Genesis Digital Assets (GDA), a major player in the crypto mining industry, is reportedly exploring the possibility of an initial public offering (IPO) in...

Global Banks to Reveal Crypto Risks Under New Basel Framework

The Basel Committee on Banking Supervision has approved a new disclosure framework for banks’ exposure to cryptocurrencies, which must be implemented by 2026. This...

Bitcoin to Hit $100,000? Standard Chartered’s 2024 Prediction

Standard Chartered Bank, managing $820 billion in assets, has projected that Bitcoin could reach a new all-time high by August and potentially surge to...

Indian Crypto Giant CoinDCX Acquires Dubai’s BitOasis

Indian cryptocurrency exchange CoinDCX has acquired Dubai-based BitOasis, marking its first venture into the Middle East and North Africa (MENA) region. This strategic acquisition,...