General News

Crypto.com Secures Payment Service License from Bahrain Central Bank

Singapore-based cryptocurrency exchange Crypto.com continues its rapid expansion in the Middle East and North Africa (MENA) region, receiving a full payment service provider license...

BingX Resumes Withdrawals After $52 Million Hack

BingX, a leading cryptocurrency exchange, has announced the resumption of its withdrawal services following a recent hack. Initially reporting $26 million in losses, the...

Bank of Canada Puts Retail CBDC Plans on Hold

The Bank of Canada has decided to scale back its work on retail central bank digital currency (CBDC) to focus on more immediate concerns...

MicroStrategy Raises $1.01 Billion for Bitcoin Purchases

MicroStrategy Inc. announced that it has raised $1.01 billion through the sale of convertible senior notes, with plans to use a portion of the...

Crypto Exchange BingX Hacked for $43 Million

BingX, a cryptocurrency exchange, recently suffered a hack that resulted in the loss of nearly $43 million in digital assets. Despite the sizable theft,...

US Federal Reserve Cuts Interest Rates by 50 Basis Points After Four-Year Pause

The day the economy has been waiting for has arrived, as the US Federal Reserve has cut interest rates by 50 basis points, marking...

Revolut Plans to Join Stablecoin Market with New Crypto Offering

Revolut, a leading financial tech firm, is reportedly making strides in creating its own cryptocurrency stablecoin. According to a recent report from Coindesk, the...

House Republicans Press SEC Chair Gensler for Clarity on Crypto Airdrops

U.S. Representatives Tom Emmer and Patrick McHenry are demanding answers from Securities and Exchange Commission (SEC) Chair Gary Gensler regarding the regulatory treatment of...

Professor Crypto Alleged For Bot Use Following Award Win

A prominent crypto influencer known as "Professor Crypto" is under fire after being accused of using bots to inflate his social media presence, following...

Australia’s Central Bank Shifts Focus to CBDC with 3-Year Roadmap

The Reserve Bank of Australia (RBA) has confirmed it will not be pursuing a retail central bank digital currency (CBDC) for now, focusing instead...

BlackRock and Microsoft Announce $30 Billion AI Infrastructure Fund

BlackRock and Microsoft have teamed up to launch a massive $30 billion fund aimed at developing artificial intelligence (AI) infrastructure. The collaboration between the...

Ex-SEC Officials to Testify on Politicized Crypto Regulation

On September 18, U.S. lawmakers will host a hearing examining the Securities and Exchange Commission's (SEC) regulatory approach toward the crypto industry, featuring testimony...