President Joe Biden has mandated the cessation of operations at a cryptocurrency mining facility near Warren Air Force Base in Wyoming, citing national security risks. The facility, operated by MineOne, a company…
In a striking financial reversal, Hong Kong’s Bitcoin and Ether exchange-traded funds (ETFs) faced a severe blow on Monday, May 13, with a record $39 million in net outflows, erasing all gains…
FalconX, a cryptocurrency trading firm, has agreed to pay $1.8 million in penalties to resolve charges from the Commodity Futures Trading Commission (CFTC). The charges, announced on Monday, allege that FalconX operated…
Crypto exchange OKX is enhancing its services in Australia by establishing a locally regulated entity, OKX Australia, to cater specifically to the Australian market. This strategic move, part of the company’s broader…
A senior Bloomberg analyst specializing in exchange-traded funds (ETFs), Eric Balchunas, has indicated that the approval of spot ethereum ETFs in the United States appears unlikely for the current year. Despite the…
North Korean state-backed hackers are using a new malware variant called “Durian” to attack South Korean cryptocurrency firms. The hacking group known as Kimsuky has been identified as the perpetrator behind these…
Two long-dormant Bitcoin wallets have reactivated, transferring a total of 1,000 Bitcoins, now valued at $61 million. These wallets, which had been inactive since acquiring the Bitcoins in September 2013 at a…
Recent allegations of bribery and the detention of Binance executives in Nigeria could potentially hinder the nation’s efforts to attract foreign investment, according to a report by SBM Intelligence, an Africa-focused risk…
Runes, a newly introduced token standard on the Bitcoin blockchain, has seen a significant drop in activity and transaction fees after a bustling initial launch period. Despite still generating substantial daily revenue,…
The Bitcoin network is experiencing a substantial decrease in hashrate, showing a 19.7% drop from last month’s peak. The three-day simple moving average (SMA) has fallen sharply to about 550 exahash per…
The U.S. House of Representatives is poised to vote on a significant piece of cryptocurrency legislation, the Financial Innovation and Technology for the 21st Century Act (FIT21), as confirmed by Rep. Patrick…
The U.S. Securities and Exchange Commission (SEC) has responded strongly to Coinbase’s request for an interlocutory appeal in their ongoing legal dispute, accusing the cryptocurrency exchange of attempting to manipulate legal interpretations…
Interpol Nigeria, in collaboration with local cybersecurity experts and the Africa Stablecoin Consortium, recently conducted a specialized training session in Abuja. This initiative, spearheaded by A&D Forensics, aims to bolster the nation’s…
The U.S. Department of Justice (DOJ) has reportedly appointed Forensic Risk Alliance (FRA), a London-based consulting firm, to oversee Binance under a three-year monitorship, sidelining the prominent law firm Sullivan & Cromwell.…
ARK Invest and 21Shares have recently revised their proposal for a spot Ether exchange-traded fund (ETF), notably removing all references to staking activities. The initial filing in February included plans for 21Shares…
In a surprising turn of events, a hacker involved in an address poisoning attack that led to the theft of 1,155 Wrapped Bitcoin (wBTC), valued at $68 million, has returned almost all…
JPMorgan Chase, the largest bank in the U.S., has taken a significant step into the cryptocurrency market by investing in spot Bitcoin ETFs. This move, revealed in a recent SEC filing, highlights…
Billionaire investor Mark Cuban is advocating for the Commodities Futures Trading Commission (CFTC) to regulate all cryptocurrency operations, suggesting that such a move could significantly influence the upcoming 2024 U.S. presidential election.…
Harvest, a Hong Kong-based issuer of a spot Bitcoin exchange-traded fund (ETF), is exploring ways to expand its cryptocurrency offerings into mainland China. CEO Han Tongli is actively considering utilizing the Hong…
Wells Fargo, the third-largest bank in the United States, has recently revealed its involvement in the cryptocurrency market through a filing with the U.S. Securities and Exchange Commission (SEC). This disclosure marks…
Binance, the world’s leading cryptocurrency exchange by volume, has taken significant steps towards resuming its operations in India by registering with the Indian Financial Intelligence Unit (FIU). This move comes after both…
Coinbase has escalated its political engagement by initiating a political action committee (PAC) under its Stand With Crypto campaign, signaling a strategic move to influence U.S. politics favorably towards cryptocurrency. The PAC…
Arch Labs, known for developing the innovative Bitcoin-native software system called Arch network, recently secured $7 million in a seed funding round. The round was spearheaded by Multicoin Capital, with notable participation…
Crypto exchange Kraken has requested a U.S. court to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC), arguing that accepting the SEC’s claims would lead to a substantial reshaping…
You are all caught up.
