General News

First-Ever Cryptocurrency Seizure in Scotland Follows Brutal Robbery

Scottish authorities have successfully tracked, seized, and converted 23.5 Bitcoin into cash, following a 2020 home invasion near Glasgow. The robbery, which involved three...

Bluesky Gains 1 Million Users in 3 Days Amid Brazil’s Ban on X

Bluesky, a decentralized microblogging platform, has experienced a significant surge in user growth in Brazil following the country’s ban on Elon Musk's social media...

Qatar Unveils Regulatory Framework for Digital Assets

Qatar has taken a significant step toward embracing digital transformation by introducing a comprehensive regulatory framework for digital assets. The Qatar Financial Centre (QFC),...

Bitcoin Declines 8.6% in August as U.S. Presidential Election Looms

With just 65 days remaining until the U.S. presidential election, Bitcoin closed out August with an 8.6% decline, settling at an intraday low of...

Polymarket Sets Record $472.87 Million in August

Polymarket Trading Volume Reaches New Heights The blockchain-based prediction platform Polymarket experienced a significant increase in trading activity in August, with a record-breaking $472.87 million...

Elon Musk Warns of U.S. Economic Peril

Elon Musk, the influential owner of X (formerly Twitter) and CEO of Tesla, Inc., has recently intensified his criticism of U.S. government spending, linking...

Canadian Court Orders $1.2M Bitcoin Loan Repayment

In a significant ruling that underscores the growing legal recognition of cryptocurrencies, the Supreme Court of British Columbia has ordered Daniel Tambosso to repay...

Bitcoin Miners Face Steep Revenue Decline Amid Rising Difficulty

August marked a challenging month for Bitcoin miners, with revenues plummeting to their lowest point in nearly a year. According to data from Bitbo,...

Crypto Exchange Takes Action to Protect Elderly Users from Scams

Crypto exchanges are increasingly focusing on safeguarding their customers from scams, particularly older users who may be more vulnerable to fraudulent schemes. Adrian Przelozny,...

Telegram’s Financial Report Reveals $400 Million in Crypto Holdings

Telegram, the popular messaging platform, held $400 million in digital assets by the end of 2023, according to the company's latest financial statement. The...

Bankrupt Rhodium Receives Court Approval for $30 Million Loan

Rhodium Enterprises, a Bitcoin mining company that recently filed for bankruptcy, has been granted court approval to secure a loan in either United States...

Hong Kong Grants Crypto License Despite Missed Deadline

Hong Kong Digital Asset Xchange Limited (HKDAEx) recently submitted a license application to the Hong Kong Securities and Futures Commission (SFC) for operating as...