The U.S. Securities and Exchange Commission (SEC) will shut down one of its eleven regional offices following a federal judge’s order to pay approximately $1.8 million due to “bad faith conduct” in…
Bitcoin is showing signs of an impending breakout as its average price across multiple time frames converges, signaling low volatility and a potential significant price movement. Tight Price Clustering Indicates Imminent Breakout…
Several U.S. politicians have urged President Joe Biden to intervene in the case of Tigran Gambaryan, a Binance compliance officer detained in Nigeria for over three months on charges of money laundering…
Thailand’s Securities and Exchange Commission (SEC) has approved the country’s first Bitcoin exchange-traded fund (ETF), marking a significant milestone in the region’s financial landscape. One Asset Management (ONEAM) spearheads this initiative, offering…
Block Earner, a crypto-based startup, will not face penalties for its yield-bearing product, “Earner,” due to its honest efforts to engage with the government over regulatory matters. This decision came after an…
David Krause, a finance professor at Marquette University, believes that the State of Wisconsin Investment Board’s (SWIB) initial investment in Bitcoin exchange-traded funds (ETFs) is just a preliminary step. According to Krause,…
Crypto broker Bitpanda has partnered with Deutsche Bank to manage fiat deposits and withdrawals for its German users. This is Bitpanda’s second significant collaboration in Germany this year, following an agreement with…
Changpeng Zhao, the founder and former CEO of Binance, has officially started his four-month prison sentence in California. Zhao, often referred to as “CZ,” reported to a federal prison in Lompoc, California,…
The Qatar Central Bank (QCB) has completed the infrastructure for its central bank digital currency (CBDC) project and has initiated the first phase of an experimental trial. This phase will focus on…
Dapper Labs has reached a tentative settlement with investors who accused the non-fungible token (NFT) company and its co-founder and CEO, Roham Gharegozlou, of violating federal securities laws. This settlement, pending approval…
Bitfarms, a prominent Bitcoin mining company, experienced a significant revenue decline in May, the first full month after the Bitcoin halving event in April. The company’s crypto mining revenue fell by 42%,…
Bitcoin exchange-traded funds (ETFs) have become a substantial component of BlackRock’s and Fidelity’s ETF inflows this year. According to Bloomberg ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise…
Coinbase has donated $25 million to the crypto-focused super political action committee (PAC) Fairshake, joining forces with Andreessen Horowitz and Ripple to bolster its lobbying efforts ahead of the November U.S. elections.…
Bitcoin could potentially reach a cycle peak of $130,000 to $150,000 between late August and early September 2025 if it follows the trajectory of previous post-halving bull markets, according to renowned crypto…
Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether has been removed from centralized crypto exchanges. This withdrawal, totaling…
Frax Finance’s X account was hacked on June 1, despite no passwords being breached or tampered with. The incident has led CEO Sam Kazemian to suspect insider involvement at X, possibly pointing…
On May 28, Maple Finance, an institutional lending platform in decentralized finance (DeFi), launched a new protocol named Syrup. Designed to provide institutional yield to the DeFi community, Syrup allows users to…
Major global cryptocurrency exchange OKX has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet. The announcement on June 3 marks a significant step for…
The Uniswap Foundation announced on Friday that it is postponing a crucial vote on a protocol upgrade, which would have introduced rewards for UNI holders who staked and delegated their tokens. This…
On May 31, U.S. Senator Ted Cruz announced his purchase of three Bitcoin miners, which will begin operations in Iraan, Texas. In a post on X, Cruz expressed pride in joining Texas…
Just hours before President Joe Biden vetoed the repeal of the Staff Accounting Bulletin (SAB) 121 on May 31, the American Bankers Association (ABA), the largest lobbying organization for the U.S. banking…
Cryptocurrency exchange Coinbase has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling the digital assets industry. In a May 31 filing with the U.S. Court of Appeals, Coinbase…
One year into President Bola Tinubu’s tenure, Nigeria’s crypto industry is grappling with confusion and concern. While Tinubu’s campaign promised to legalize cryptocurrency and blockchain technology to bolster Nigeria’s fragile economy, stakeholders…
Online payment giant PayPal has announced the official launch of its PYUSD stablecoin on the Solana blockchain. The company revealed this expansion in a recent press release, emphasizing that the move aims…
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