General News

MicroStrategy Rebrands to ‘Strategy’ After Reporting $670M Q4 Loss

Bitcoin-focused firm Strategy—formerly known as MicroStrategy—reported a net loss of $670.8 million in the fourth quarter of 2023, marking its most aggressive Bitcoin acquisition...

Law Firms Demand Pump.fun Remove Over 200 Infringing Memecoins

Two U.S. law firms, Burwick Law and Wolf Popper, have issued a cease and desist letter to Solana-based memecoin platform Pump.fun, demanding the immediate...

SEC Reportedly Scaling Back Its Crypto Enforcement Unit

The U.S. Securities and Exchange Commission (SEC) is reportedly reducing the size and scope of its 50-person crypto enforcement unit, according to a Feb....

Crypto-Stealing Malware Found in Android and iOS App

Cybersecurity firm Kaspersky Labs has uncovered malware hidden in software development kits (SDKs) used to create apps for both Google’s Play Store and Apple’s...

Ohio Senator Proposes Bitcoin Reserve Fund in New Bill

Ohio Senator Sandra O’Brien has introduced a new bill aiming to allow the state to invest in Bitcoin, marking the second attempt to establish...

Robinhood Pauses Super Bowl Betting After CFTC Intervention

Robinhood Derivatives has suspended its newly launched Super Bowl betting feature just a day after its debut, following a request from the Commodities and...

Coinbase Wins FCA License, Eyes Further Expansion in Europe

Coinbase has received official approval from the United Kingdom's Financial Conduct Authority (FCA) to operate as a registered virtual asset service provider (VASP). Announced...

Kraken Secures MiFID License to Expand Crypto in Europe

U.S.-based crypto exchange Kraken has acquired a Markets in Financial Instruments Directive (MiFID) license, allowing it to offer crypto derivatives across the European Union....

CFTC Investigates Super Bowl Bets Offered by Crypto.com and Kalshi

The U.S. Commodity Futures Trading Commission (CFTC) is scrutinizing Super Bowl-related betting markets offered by Crypto.com and prediction platform Kalshi. The investigation focuses on...

Canadian Charged in $65M Crypto Hacks Targeting KyberSwap

The U.S. Department of Justice (DOJ) has charged Canadian national Andean Medjedovic with exploiting two major decentralized finance (DeFi) protocols, KyberSwap and Indexed Finance,...

Kraken to Delist Tether (USDT) and Four Stablecoins in Europe

Cryptocurrency exchange Kraken announced plans to delist five stablecoins, including Tether’s USDT, across Europe in response to new European Union regulations. Kraken Aligns with MiCA...

India May Rethink Crypto Policy Amid Global Adoption Trends

India, known for its tough stance on cryptocurrencies, is reportedly reconsidering its regulatory approach as more countries embrace digital assets. Global Adoption Pressures India to...