General News

U.S. Set to Greenlight First Bitcoin ETFs Next Week

The U.S. Securities and Exchange Commission (SEC) is on the brink of approving the first spot bitcoin exchange-traded funds (ETFs) in the country. This...

Michael Saylor Initiates Sale of MicroStrategy Shares to Increase Bitcoin Holdings

Michael Saylor, the executive chairman of MicroStrategy, has started a four-month plan to sell $216 million of his company shares. He disclosed this process...

India Tightens Grip on Foreign Crypto Exchanges

India has intensified its regulatory actions against foreign cryptocurrency exchanges, such as Binance, accusing them of operating without proper authorization. The country's Financial Intelligence...

Crackdown on Crypto-Based Underground Banking in China

Chinese authorities have dismantled a significant underground banking operation that reportedly utilized cryptocurrencies to evade the nation's stringent capital controls. Underground Network Circumvents Currency Exchange...

Hong Kong Embraces Crypto ETFs: Regulators Ready for Applications

Hong Kong's financial regulatory authorities are gearing up to welcome applications for spot crypto exchange-traded funds (ETFs). This move aligns with the country's evolving...

Argentina Embraces Bitcoin for Contract Settlements

Argentina's economy, grappling with severe inflation exceeding 140%, has been on a quest for financial stability. This search led to a significant political shift...

Grayscale Predicts $30 Trillion Unlock in Advised Wealth with Spot Bitcoin ETF

Grayscale CEO Michael Sonnenshein recently shared insights on CNBC's "Squawk Box" program about the potential impact of a Spot Bitcoin ETF approval. He believes...

Ledger Hardware Wallet Hack Leads to $484,000 Theft in DeFi Sector

On Thursday, a shocking event unfolded in the world of blockchain technology. Hackers managed to steal $484,000 by injecting harmful code into the Github...

KuCoin to Block New York Users and Pay $22 Million in Settlement

KuCoin, a major player in the global cryptocurrency exchange market, recently reached a settlement with New York State, agreeing to a $22 million payment....

US Senator Warren Broadens Support for Crypto Crackdown Bill

Senator Elizabeth Warren of Massachusetts has recently bolstered the support for the Digital Asset Anti-Money Laundering Act, a bipartisan initiative. This act represents a...

M&G Investments Funds GFO-X with $30 Million for Digital Trading Platform

M&G Investments, a division of M&G Plc, recently spearheaded a $30 million funding round for Global Futures and Options (GFO-X), a digital assets trading...

Do Kwon to Face Extradition to the US

Terra Luna's Do Kwon is likely to be extradited to the United States, marking the latest development in his ongoing legal troubles. As per...