General News

Bitcoin Investors Withdraw $331M from BlackRock’s Bitcoin ETF

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...

Singapore Rises as Asia’s Leading Crypto Hub

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...

Illegal Crypto Ads Persist in the UK Despite FCA Crackdown

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...

US Crypto Leaders Hope for Clearer Regulations in 2025

As 2025 begins, the US crypto industry is cautiously optimistic about the potential for regulatory clarity under the incoming presidential administration and Congress. With...

Ether ETFs Close 2024 with $2.6 Billion in Net Inflows

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...

Celsius Files Appeal After $444M Claim Against FTX Is Rejected

Crypto lending platform Celsius has officially appealed a recent court ruling that dismissed its $444 million claim against bankrupt exchange FTX. This development is...

IRS Temporarily Delays Crypto Cost-Basis Rule

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...

Crypto VC Funding Surges to $13.6 Billion in 2024

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...

Swiss National Bank May Soon Be Required to Hold Bitcoin

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...

Do Kwon Extradited to the US After Months-Long Legal Battle

Montenegrin authorities have officially handed over Do Kwon, the co-founder of Terraform Labs, to the United States following a lengthy legal dispute over his...

MicroStrategy Acquires 2,138 Bitcoin for $209M

MicroStrategy, the business intelligence firm and major Bitcoin investor, has continued its aggressive cryptocurrency purchasing strategy. The company announced it acquired 2,138 BTC for...

Vietnamese Police Thwart $1.17M Crypto Scam

The Hanoi City Police Department has successfully disrupted a sophisticated crypto scam, preventing 300 potential victims from falling prey to fraudulent schemes. The scam,...