General News

SEC Approves Spot Ether ETF, Marking a Major Milestone for Crypto Industry

The Securities and Exchange Commission (SEC) has cleared the way for the first U.S. exchange-traded funds (ETFs) that invest directly in Ether, marking a...

Coinbase Resumes Ripple (XRP) Trading in New York After SEC Lawsuit

Coinbase, the major cryptocurrency exchange, has resumed trading for Ripple (XRP) in New York. The news was shared by Coinbase’s Chief Legal Officer, Paul...

U.S. House Passes Major Crypto Regulation Bill with Bipartisan Support

The U.S. House of Representatives achieved a significant legislative milestone for the cryptocurrency industry on Wednesday by passing the Financial Innovation and Technology for...

Kraken Maintains USDT Listing in Europe

Kraken, a leading cryptocurrency exchange, has confirmed that it has no plans to delist Tether (USDT) in Europe, despite reports suggesting otherwise. This announcement...

Former Pump.fun Employee Arrested in UK and Release on Bail

A former employee accused of exploiting the memecoin platform Pump.fun for $1.9 million claims he was arrested and charged in the United Kingdom and...

XRPL On-Chain Transactions Surge 108% in Q1 2024

The XRP Ledger (XRPL) witnessed a significant surge in transaction activity in the first quarter of 2024, recording 251.39 million on-chain transactions. This marks...

Venezuela Bans Crypto Mining to Protect Power Grid

Venezuela has joined a growing list of countries restricting cryptocurrency mining due to its substantial electricity demands. The Ministry of Electric Power announced plans...

SEBI Proposes Multi-Regulator Approach for Crypto Assets

The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator framework for cryptocurrency regulation to a government panel. Meanwhile, the Reserve Bank...

BRICS Currency Development Signals Shift Away from US Dollar

Amid ongoing efforts to reduce reliance on the US dollar, officials have confirmed the development of a BRICS currency. According to a TASS report,...

Ghana and Singapore Pilot Trade with Semi-Fungible Tokens

The Bank of Ghana (BOG) and the Monetary Authority of Singapore (MAS) have successfully completed a proof-of-concept for the Digital Economy Semi-Fungible Token (DESFT)...

Point72 and Other Major Hedge Funds Invest in Bitcoin ETFs

Point72, the $34 billion hedge fund owned by billionaire Steven Cohen, who also owns the New York Mets, held $77.5 million in the Fidelity...

Crypto Influencer Pleads Guilty to $1.3 Million Ponzi Scheme

Cryptocurrency personality Thomas John Sfraga has pleaded guilty to wire fraud charges after allegedly deceiving over a dozen victims with fraudulent investment schemes, including...