General News

SEC Sues Elon Musk Over Alleged Disclosure Violations

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing the billionaire of violating securities laws by failing to...

Osprey Funds Plans to Convert Bitcoin Trust into ETF

Osprey Funds has announced plans to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF), following the termination of a deal for...

Deribit Evaluates Buyout Offers Amid $5 Billion Valuation

Deribit, a leading cryptocurrency options exchange specializing in Bitcoin and Ether trading, is reportedly evaluating potential buyout offers as merger and acquisition (M&A) activity...

Gary Gensler Says Crypto Money Didn’t Sway 2024 Election

Gary Gensler, chair of the US Securities and Exchange Commission (SEC), stated that the 2024 presidential election outcome was not significantly influenced by money...

Italy’s Largest Bank Invests $1M in Bitcoin

Italy’s largest bank, Intesa Sanpaolo, has made its first foray into the cryptocurrency market by purchasing 11 Bitcoin (BTC) worth €1 million ($1.02 million)...

Former Thai PM Urges Crypto and Online Gambling Legalization

Thailand's former prime minister, Thaksin Shinawatra, has proposed the legalization of stablecoins and online gambling to enhance the nation’s economy and encourage innovation. He...

MicroStrategy Surpasses 450,000 Bitcoin as It Buys the Dip

MicroStrategy has crossed a major milestone in its Bitcoin holdings, acquiring an additional $243 million worth of BTC, bringing its total to over 450,000...

ScaleBit Warns of ‘Alarming’ Uniswap Wallet Vulnerability

Security firm ScaleBit, a subsidiary of BitsLab, has flagged a critical vulnerability in Uniswap’s Web3 wallet that could expose users’ assets if attackers gain...

Robinhood Settles SEC Charges with $45 Million Penalty

Online brokerage platform Robinhood has agreed to pay $45 million in civil penalties to the U.S. Securities and Exchange Commission (SEC) to resolve allegations...

Sygnum Becomes a Crypto Unicorn After Raising $58M in Funding

Cryptocurrency banking firm Sygnum has achieved unicorn status with a valuation exceeding $1 billion after completing a $58 million funding round. This milestone positions...

Millions of OpenSea User Emails Leaked in 2022 Now Fully Public

Over 7 million email addresses compromised during a 2022 OpenSea email vendor breach have recently been fully publicized online, according to cybersecurity firm SlowMist....

Indian Crypto Exchange Mudrex Temporarily Halts Withdrawals

Indian cryptocurrency exchange Mudrex has suspended crypto withdrawals until January 28 to implement compliance upgrades, triggering widespread criticism and skepticism among users. On January 11,...