General News

Bitwise Proposes ETF Focused on Companies with Large Bitcoin Holdings

Bitwise Asset Management has filed to launch a new exchange-traded fund (ETF) targeting public companies that maintain substantial Bitcoin reserves. This move reflects growing...

Russia Embraces Bitcoin and Digital Assets for Foreign Trade

Russia’s finance minister, Anton Siluanov, has announced that the country is actively using Bitcoin and digital financial assets (DFAs) in international trade, with plans...

Binance Bitcoin Reserves Drop to January Levels

Bitcoin reserves on Binance have fallen to their lowest level since January 2024, sparking speculation about whether another price surge is on the horizon. The...

SBI Finalizes Deal to Absorb Hacked DMM Bitcoin Exchange

SBI VC Trade has officially taken over DMM Bitcoin’s assets following a devastating hack, with customer accounts set to migrate by March 2025. SBI’s Acquisition...

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...