General News

REX Shares Launches 2X Bitcoin ETFs

REX Shares and Tuttle Capital Management have launched the T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL) and the T-REX 2X Inverse Bitcoin...

Goldman Sachs Announces Three Tokenization Projects for 2024

Goldman Sachs has unveiled plans to launch three tokenization projects in 2024, marking its significant entry into the digital asset market. This move aligns...

Crypto Payment Service Payeer Hit with Record $10M Fine in Lithuania

Payeer, a crypto payment company, has been fined approximately $10 million by the Lithuanian Financial Crime Investigation Service (FNTT) for violating Anti-Money Laundering (AML)...

Crypto Miners Stole $723M Worth of Electricity in Malaysia

Illegal crypto mining operations in Malaysia have stolen an estimated $723 million worth of electricity between 2018 and 2023, according to the country’s Deputy...

SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion

SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. This strategic move...

UK Aims for Crypto Innovation with New City Minister Tulip Siddiq

UK Prime Minister Keir Starmer appointed Tulip Siddiq as Economic Secretary to the Treasury and City Minister on Tuesday. Siddiq, who previously served as...

Uniswap Urges SEC to Abandon DeFi Regulation Efforts

Uniswap Labs, the developer behind the Uniswap decentralized exchange, has once again urged the US Securities and Exchange Commission (SEC) to drop its proposal...

Standard Chartered’s in Talks to Acquire Elwood Capital

Zodia Markets, the crypto arm of British multinational bank Standard Chartered, is reportedly in discussions to acquire Elwood Capital Management. Billionaire hedge fund manager...

TeraWulf Settles Outstanding Debt Early to Focus on Expansion

On July 9, crypto mining firm TeraWulf announced that it had paid off its outstanding debt earlier than anticipated, with a final payment of...

Ronaldinho Promoting Water-Themed Solana Memecoin

Ronaldinho Gaúcho, the famed soccer legend, has become the latest sports icon to promote the Solana token Water Coin (WATER) on social media. Following...

German Government Prepares for Next $276M Bitcoin Sell-Off

The German government has continued its Bitcoin sell-off, moving approximately 3,100 BTC worth around $178 million within an hour on July 9. This activity...

Nigeria Plans Domestic Blockchain to Enhance National Security

Nigeria’s National Information Technology Development Agency (NITDA) is considering the development of a domestic blockchain named “Nigerium.” This initiative aims to enhance national security...