General News

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...

Michael Saylor Proposes $81 Trillion Bitcoin Reserve to Boost US Economy

Bitcoin advocate and MicroStrategy founder Michael Saylor has unveiled a bold proposal for a US Digital Assets Framework. The plan, introduced on Dec. 21,...

Italy Fines OpenAI $15.7M for Privacy Violations

Italy’s data protection agency, the Italian Data Protection Authority (IDPA), has fined OpenAI €15 million ($15.7 million) for privacy violations. The agency also ordered...

Metaplanet Makes $60 Million Bitcoin Purchase

Japanese investment firm Metaplanet has acquired nearly 620 Bitcoin in a record-breaking $60 million transaction, doubling down on its cryptocurrency strategy. A Massive Bitcoin Buy...

Quantum BioPharma Invests $1M in Bitcoin and Cryptos

Quantum BioPharma (QNTM), a biopharmaceutical company traded on multiple global stock exchanges, has invested $1 million in Bitcoin and other cryptocurrencies as part of...

Metallicus Targets 80+ Credit Unions in Bonifii Acquisition

Digital banking and blockchain platform Metallicus has announced its acquisition of Bonifii, a fintech service company that connects with over 70 credit unions. This...

Bitcoin Approaches Key Reversal Level After Major Sell-Off

Bitcoin’s ongoing price correction may be approaching its conclusion as realized losses peak significantly above their weekly average, according to recent market analysis. Traders...

Tether Invests $775M in Rumble to Challenge YouTube

Tether, the issuer of the world’s largest stablecoin by market cap, has announced a significant $775 million investment in Rumble, a video-sharing platform known...

SEC Approves Bitcoin-Ether ETFs from Hashdex

The United States Securities and Exchange Commission (SEC) has approved two new crypto-focused exchange-traded funds (ETFs) from asset managers Hashdex and Franklin Templeton. Both...

Decentralized Supercomputer by Nexus Attracts 1.5M Nodes in Testnet

Nexus, a company focused on decentralized computing, has achieved a major milestone in the development of its global supercomputer. During a five-day testnet period...

El Salvador Buys Bitcoin Despite IMF Restrictions

El Salvador has purchased 11 Bitcoin (BTC), valued at $1 million, just a day after securing a $1.4 billion loan agreement with the International...