General News

Tether Boosts Reserves with Regular Bitcoin Purchases

In a recent announcement, Tether, the issuer of the industry's leading stablecoin, revealed its plans to start buying Bitcoin regularly to enhance its excess...

North Korean Hackers Allegedly Steal Billions in Cryptocurrency

A report from Nikkei suggests that Japan has been the country most impacted by North Korean cyberattacks on cryptocurrency platforms and users. The report...

Binance Announces Departure from Canadian Crypto Market

In a move it describes as "proactive", Binance, the cryptocurrency exchange, has announced its withdrawal from the Canadian market. This decision, shared on Twitter...

Terra Founder Do Kwon Granted Bail in Montenegro

Do Kwon, the founder of Terra, has been granted bail by a court in Montenegro while he faces a multibillion-dollar fraud case led by...

Binance.US Founder Considers Reducing Stake Amid Regulatory Scrutiny

Changpeng Zhao (CZ), the founder of Binance.US, is reportedly contemplating methods to decrease his ownership in the firm. This development comes amidst a year...

New York Legislation Proposes Acceptance of Stablecoins for Bail Payments

New York has proposed a law that could significantly alter the digital asset landscape in the United States. Assembly Bill number 7024 aims to...

Bittrex Files for Chapter 11 Bankruptcy Protection

Cryptocurrency trading platform Bittrex filed for Chapter 11 bankruptcy protection in the District of Delaware on May 8. In its filing with the United...

Zimbabwe Sets Price for Gold-Backed Digital Tokens

The Reserve Bank of Zimbabwe has set prices for its gold-backed digital tokens, planning to sell them to investors starting May 8. Individual investors...

US Crypto Firms Seek Overseas Opportunities Amid Regulatory Crackdown, Says JPMorgan

In response to the increasing US regulatory crackdown, American crypto firms are looking for opportunities overseas, according to a research report by JPMorgan released...

Twitter User Wins $1 Million Inflation Bet Against Balaji Srinivasan

A pseudonymous leftist Twitter account, @jdcmedlock, won a $1 million bet on US inflation against crypto investor Balaji Srinivasan. The account, supposedly linked to...

Coinbase Launches Crypto-Derivatives Exchange in Bermuda

Coinbase Global, the parent company of the largest crypto exchange in the United States, has opened a new international exchange in Bermuda to trade...

Block Develops 5nm Bitcoin Mining Chip Prototype

Block, a financial services and technology company owned by former Twitter CEO Jack Dorsey, has completed the prototype design of its new 5nm Bitcoin...