General News

37% of UAE Retail Investors Plan to Increase Crypto Investments

A recent survey conducted by trading platform eToro has revealed that 37% of retail investors in the United Arab Emirates (UAE) plan to increase...

MicroStrategy Seeks Shareholder Approval to Fund More Bitcoin Purchases

MicroStrategy, the software company known for its aggressive Bitcoin strategy, has called a special shareholder meeting to expand its equity-issuance plan. The goal: raise...

Hacker Nets $500K by Breaching 15 Crypto X Accounts

A hacker has stolen approximately $500,000 over the past month by exploiting 15 crypto-focused accounts on X (formerly Twitter) to run phishing scams promoting...

Canadian Firm Matador Technologies Diversifies Treasury with Bitcoin

Matador Technologies, a Canadian firm specializing in gold tokenization, has announced plans to diversify its treasury by incorporating Bitcoin. The company aims to reduce...

Memecoins Dominate Crypto Investor Interest in 2024

Memecoins have emerged as the most talked-about crypto trend of 2024, capturing nearly one-third of investor interest, according to a recent study by CoinGecko....

Malaysia Bans Atomic Wallet Over Unauthorized Operations

Malaysia’s Securities Commission (SC) has flagged Atomic Wallet, a Web3 wallet service, for operating without proper registration. The wallet provider has been added to...

MoonPay Reportedly Eyes $150 Million Acquisition of Helio Pay

Crypto payments firm MoonPay is reportedly in discussions to acquire crypto e-commerce platform Helio Pay for approximately $150 million, according to a December 23...

IRS Reaffirms Stance on Crypto Staking Taxes

The Internal Revenue Service (IRS) has doubled down on its position that cryptocurrency staking rewards are taxable as income upon receipt, disputing claims that...

Michael Saylor Proposes $81 Trillion Bitcoin Reserve to Boost US Economy

Bitcoin advocate and MicroStrategy founder Michael Saylor has unveiled a bold proposal for a US Digital Assets Framework. The plan, introduced on Dec. 21,...

Italy Fines OpenAI $15.7M for Privacy Violations

Italy’s data protection agency, the Italian Data Protection Authority (IDPA), has fined OpenAI €15 million ($15.7 million) for privacy violations. The agency also ordered...

Metaplanet Makes $60 Million Bitcoin Purchase

Japanese investment firm Metaplanet has acquired nearly 620 Bitcoin in a record-breaking $60 million transaction, doubling down on its cryptocurrency strategy. A Massive Bitcoin Buy...

Quantum BioPharma Invests $1M in Bitcoin and Cryptos

Quantum BioPharma (QNTM), a biopharmaceutical company traded on multiple global stock exchanges, has invested $1 million in Bitcoin and other cryptocurrencies as part of...