[Dec 5, 2024 12:05 AM] BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A…
[Dec 4, 2024 4:30 AM] David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto…
[Dec 4, 2024 2:30 AM] China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian…
[Dec 4, 2024 12:30 AM] XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx…
[Dec 3, 2024 9:53 PM] Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by…
[Dec 3, 2024 1:30 PM] The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the…
[Dec 3, 2024 6:30 AM] Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and practically uncertain. He questioned whether U.S…
[Dec 3, 2024 3:45 AM] Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior…
[Dec 2, 2024 8:34 PM] Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including…
[Dec 2, 2024 6:45 PM] Stuart Alderoty, chief legal officer (CLO) of Ripple, has made a petition to the cryptocurrency industry to avoid providing jobs for attorneys involved in anti-crypto initiatives. On social media, Alderoty stated: “As crypto enters its…
[Dec 2, 2024 1:04 PM] Coinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these…
[Dec 2, 2024 4:30 AM] China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao…
[Dec 1, 2024 1:30 PM] China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group…
[Nov 30, 2024 11:30 PM] The Spanish securities watchdog, the CNMV, has approved the first tokenization license in the country, opening the doors for tokenizing real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium that will be able…
[Nov 30, 2024 4:30 AM] Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy…
[Nov 29, 2024 3:30 AM] Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of…
[Nov 28, 2024 7:04 PM] Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current…
[Nov 28, 2024 4:30 AM] Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and…
[Nov 27, 2024 11:30 PM] The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new…
[Nov 27, 2024 7:35 PM] Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This…
[Nov 27, 2024 3:03 PM] Robinhood Crypto has announced the launch of ethereum staking for its European customers, allowing them to earn rewards on their ETH holdings. The platform is offering a limited-time promotion that includes a 100% match on staking earnings, up to…
[Nov 27, 2024 5:30 AM] The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development…
[Nov 27, 2024 3:30 AM] On Tuesday, CNBC’s Mad Money host Jim Cramer shared on X: “I always find it hilarious when I read ‘time to dump crypto’ when I have owned and backed crypto since Thestreet.com days. Remember that?” As co-founder…
[Nov 27, 2024 12:05 AM] David Bailey, CEO of BTC Inc. and one of the crypto aides of President-Elect Trump’s campaign, has referred to the newfound state of the crypto as a determinant element among single-issue voters. Bailey reported that during this election…
[Nov 26, 2024 12:30 PM] Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling…
[Nov 26, 2024 10:30 AM] Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem…
[Nov 25, 2024 9:27 PM] Pump.fun, a decentralized launchpad for meme coins, has suspended its live streaming feature following its reported use to share shocking and controversial videos. The platform, known for enabling users to promote Solana-based crypto token launches…
[Nov 25, 2024 8:40 PM] Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family. Known for his moves in the…
[Nov 25, 2024 11:30 AM] Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of…
[Nov 25, 2024 10:30 AM] Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin. Most of those polled stated they preferred to receive…
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