General News

Binance, CZ, and Influencers Face $1 Billion Lawsuit

Binance, a cryptocurrency exchange, and its CEO CZ have been facing a lot of scrutiny lately. The US Commodity Futures Trading Commission (CFTC) recently...

US Government Plans to Sell 41,500 Bitcoin, Justin Sun Offers to Purchase

The US government is reportedly the largest holder of Bitcoin, holding over 2,05,000 BTC as of March 27. This is due to the seizure...

Bittrex to Close Down US Operations as Regulatory Pressure Mounts

Seattle-based cryptocurrency exchange Bittrex has announced that it will close down its operations in the US. The exchange's CEO, Richie Lai, cited an uncertain...

Elon Musk’s Lawyers Seek Dismissal of $258 Billion Dogecoin Lawsuit

Elon Musk and his legal team have requested a US judge to dismiss a $258 billion lawsuit filed by investors who accused him of...

Binance.US Temporarily Halts BUSD Services

Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD...

Michael Burry Takes it Back: Admits He Was “Wrong to Say Sell”

Michael Burry, known for his role in the financial crisis of 2008 and inspiration for the movie "The Big Short," recently tweeted that he...

OKX sets up Hong Kong office, plans to apply for virtual asset licenses

Cryptocurrency exchange OKX has opened an office in Hong Kong and intends to apply for virtual asset licenses to offer digital asset services in...

MicroStrategy Acquires 6455 BTC for $150 Million

MicroStrategy, a business intelligence firm, has acquired 6455 BTC for around $150 million, according to the firm’s founder and CEO, Michael Saylor. The BTC...

Binance and CEO CZ Zhao Sued by CFTC for Trading Violations

The United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO Changpeng Zhao for alleged trading violations. According...

Coinbase is Exploring Flatcoins, an Inflation-Pegged Stablecoin on its Base Network

Coinbase, a well-known cryptocurrency exchange, is exploring the possibility of launching “flatcoins” on its Base network. The exchange revealed that “flatcoins” are essential and...

Tim Draper recommends keeping at least two payrolls worth of cash in Bitcoin

American venture capitalist and entrepreneur Tim Draper has advised business founders to keep at least two payrolls' worth of cash in Bitcoin or alternative...

German Bank Dwpbank to Offer Bitcoin Trading to Retail Customers

German bank Deutsche WertpapierService Bank (Dwpbank), which provides securities processing to around 1,200 banks in Germany, is set to launch a new platform called...