General News

IRS Temporarily Delays Crypto Cost-Basis Rule

The United States Internal Revenue Service (IRS) has announced a temporary postponement of a new rule regarding the cost-basis method for cryptocurrency sales on...

Crypto VC Funding Surges to $13.6 Billion in 2024

Venture capital (VC) investment in crypto and blockchain startups rebounded strongly in 2024, hitting $13.6 billion, according to the latest DeFi Report. This represents...

Swiss National Bank May Soon Be Required to Hold Bitcoin

A new initiative is underway in Switzerland to amend the nation's constitution and require the Swiss National Bank (SNB) to hold Bitcoin as part...

Do Kwon Extradited to the US After Months-Long Legal Battle

Montenegrin authorities have officially handed over Do Kwon, the co-founder of Terraform Labs, to the United States following a lengthy legal dispute over his...

MicroStrategy Acquires 2,138 Bitcoin for $209M

MicroStrategy, the business intelligence firm and major Bitcoin investor, has continued its aggressive cryptocurrency purchasing strategy. The company announced it acquired 2,138 BTC for...

Vietnamese Police Thwart $1.17M Crypto Scam

The Hanoi City Police Department has successfully disrupted a sophisticated crypto scam, preventing 300 potential victims from falling prey to fraudulent schemes. The scam,...

MoonPay Secures MiCA Approval in the Netherlands

Crypto payments firm MoonPay has received regulatory approval to operate as a licensed crypto business in the Netherlands under the European Union’s Markets in...

Blockchain Bandit Transfers $172M in ETH After Years of Inactivity

A hacker known as Blockchain Bandit, notorious for stealing Ether by exploiting weak private keys, has transferred 51,000 ETH—valued at $172 million—into a single...

Judge Delays CFTC v. Gemini Trial to January 21

A New York judge has postponed the start of the trial between the Commodity Futures Trading Commission (CFTC) and Gemini Trust Company to January...

South Korean Court Issues Arrest Warrant for Impeached President Yoon

A South Korean court has issued an arrest warrant for President Yoon Suk Yeol, marking an unprecedented legal action against a sitting leader in...

Squid Game Token Scams Flood Crypto Markets

The release of Netflix's Squid Game Season 2 on December 26 has sparked a wave of crypto tokens inspired by the series. However, blockchain...

Australia’s Bitcoin ATM Growth Hits 29-Month Streak

Australia has experienced continuous monthly growth in Bitcoin ATMs for over two years, placing the country on track to surpass Europe in total Bitcoin...