[May 12, 2024 11:15 AM] The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…
[May 12, 2024 8:20 AM] Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face…
[May 12, 2024 6:23 AM] Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid…
[May 12, 2024 3:32 AM] Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading…
[May 12, 2024 2:16 AM] Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized. In an interview at the All-in podcast, Altman stated…
[May 11, 2024 11:42 PM] In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could…
[May 11, 2024 12:40 PM] The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision comes in the wake of Binance’s acknowledgment of breaching U.S. anti-money laundering regulations and…
[May 11, 2024 10:33 AM] The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s…
[May 11, 2024 8:20 AM] Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do…
[May 10, 2024 10:39 PM] According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga…
[May 10, 2024 9:27 PM] Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of…
[May 10, 2024 4:21 PM] Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the…
[May 10, 2024 1:19 PM] Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little…
[May 10, 2024 4:20 AM] The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables…
[May 10, 2024 2:13 AM] SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger…
[May 10, 2024 1:00 AM] Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X…
[May 10, 2024 12:36 AM] The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing…
[May 9, 2024 11:32 PM] Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential…
[May 9, 2024 9:55 PM] Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the platform’s large user base and potential for fostering cryptocurrency adoption and innovation in decentralized finance…
[May 9, 2024 9:29 PM] Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an…
[May 9, 2024 9:10 PM] Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions…
[May 9, 2024 8:28 PM] Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by…
[May 9, 2024 6:33 PM] Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used…
[May 9, 2024 4:11 PM] Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to…
[May 9, 2024 3:20 PM] Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is…
[May 9, 2024 10:16 AM] The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an…
[May 9, 2024 3:40 AM] The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential…
[May 9, 2024 3:36 AM] Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an…
[May 9, 2024 1:20 AM] Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into the…
[May 8, 2024 11:20 PM] Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with…
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