General News

Sygnum Secures Liechtenstein License to Expand EU Crypto Services

Sygnum, a Swiss digital asset banking group, has taken a major step toward expanding its services in Europe. The company recently registered its subsidiary...

Mango Markets Weighs $500K Settlement Amid CFTC Probe

Mango Markets, a decentralized exchange (DEX) built on the Solana blockchain, is considering paying a $500,000 fine to resolve ongoing allegations from the Commodity...

Doctors Argue SBF’s Neurodivergence Led to Misunderstanding During Trial

A group of doctors has argued that Sam Bankman-Fried's neurodivergence may have affected how the court and jury interpreted his behavior during his criminal...

Tether Surpasses BlackRock in 2023 Profit

In a surprising turn of events, Tether, the issuer of the USDT stablecoin, generated more profit than global asset management giant BlackRock in 2023....

Crypto.com Secures Payment Service License from Bahrain Central Bank

Singapore-based cryptocurrency exchange Crypto.com continues its rapid expansion in the Middle East and North Africa (MENA) region, receiving a full payment service provider license...

BingX Resumes Withdrawals After $52 Million Hack

BingX, a leading cryptocurrency exchange, has announced the resumption of its withdrawal services following a recent hack. Initially reporting $26 million in losses, the...

Bank of Canada Puts Retail CBDC Plans on Hold

The Bank of Canada has decided to scale back its work on retail central bank digital currency (CBDC) to focus on more immediate concerns...

MicroStrategy Raises $1.01 Billion for Bitcoin Purchases

MicroStrategy Inc. announced that it has raised $1.01 billion through the sale of convertible senior notes, with plans to use a portion of the...

Crypto Exchange BingX Hacked for $43 Million

BingX, a cryptocurrency exchange, recently suffered a hack that resulted in the loss of nearly $43 million in digital assets. Despite the sizable theft,...

US Federal Reserve Cuts Interest Rates by 50 Basis Points After Four-Year Pause

The day the economy has been waiting for has arrived, as the US Federal Reserve has cut interest rates by 50 basis points, marking...

Revolut Plans to Join Stablecoin Market with New Crypto Offering

Revolut, a leading financial tech firm, is reportedly making strides in creating its own cryptocurrency stablecoin. According to a recent report from Coindesk, the...

House Republicans Press SEC Chair Gensler for Clarity on Crypto Airdrops

U.S. Representatives Tom Emmer and Patrick McHenry are demanding answers from Securities and Exchange Commission (SEC) Chair Gary Gensler regarding the regulatory treatment of...