General News

Elon Musk Reposts Call to Abolish Federal Reserve

Elon Musk has drawn attention to a call to end the Federal Reserve after sharing Utah Senator Mike Lee’s post criticizing the central bank's...

Crypto Exchange Traffic Surges 8% in October

Cumulative traffic to major crypto exchanges rose by 8% in October, reflecting increased investor activity as the U.S. gears up for the 2024 elections....

FTX Sues Anthony Scaramucci and SkyBridge for $100M

The FTX bankruptcy estate has filed a lawsuit seeking to recover over $100 million from SkyBridge Capital and its founder, Anthony Scaramucci. The funds...

BlackRock’s Spot Ether ETF Sees $60.3M Inflow Surge

Highest Inflows in Three Months for BlackRock’s Ether ETF BlackRock, the world’s largest asset management firm, recorded a significant $60.3 million inflow into its iShares...

Norway Considers CBDC for Financial Cross-Border Payments

Norway’s central bank, Norges Bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the nation assesses the benefits of launching its...

MicroStrategy Shares Surge 20% Following Trump’s Victory

MicroStrategy (MSTR) shares jumped nearly 20% this week, driven by Donald Trump’s recent election win and a series of Federal Reserve rate cuts. The...

Crypto Community Reacts to Potential SEC Chair with Wall Street Ties

The crypto community is responding with mixed feelings to reports that Wall Street attorney Richard Farley may be considered for the role of SEC...

FTX’s Legal Battle to Recover $11M from Crypto.com Account

As part of its ongoing bankruptcy case, FTX’s affiliated firm, Alameda Research, has filed a lawsuit to reclaim over $11 million in funds held...

Canadian Police Applaud Tether’s Swift Recovery of Stolen Funds

In a recent operation, the Ontario Provincial Police (OPP) recognized Tether’s rapid assistance in recovering stolen funds, marking a positive moment for the stablecoin...

WonderFi CEO Kidnapped and Forced to Pay $1 Million Ransom

Dean Skurka, CEO of Toronto-based crypto company WonderFi Technologies, was reportedly abducted in downtown Toronto during rush hour on Nov. 6 and forced to...

Detroit to Accept Cryptocurrency for Tax Payments

Starting in mid-2025, Detroit residents will be able to pay taxes and city fees using cryptocurrency, marking a significant step in the city’s effort...

Will Robinhood’s Dan Gallagher Become the Next SEC Chair?

The legal head at Robinhood Markets, Dan Gallagher, is reportedly a leading candidate to chair the U.S. Securities and Exchange Commission (SEC) if Donald...