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Over $650 Million Liquidated as Bitcoin Remains Volatile
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale’s converted GBTC spot Bitcoin ETF. According to data from CoinMarketCap, the le...
5 months ago
Binance Labs’ portfolio averages an over 14 times return on investment rate, according to the announcement.
Binance Labs has become an independent venture capital arm, after severing ties with Binance exchange. The independent VC fund’s portfolio is now worth over $10 billion, covering...
6 months ago
Bitcoin ETFs shattered records with a 14,261 bitcoin purchase on March 12, as a former Swiss Bank Director shed light on the changing Bitcoin ETF investment scene.
On March 12, net spot Bitcoin ETF inflows surpassed $1 billion, with Blackrock’s IBIT product reaching a record $849 million inflow and exceeding 200,000 BTC in assets under...
6 months ago
The SEC has charged 17 individuals for their involvement in a $300 million Ponzi scheme targeting predominantly Latino investors through the so-called CryptoFX LLC.
The U.S. Securities and Exchange Commission (SEC) has brought charges against 17 individuals implicated in a $300 million Ponzi scheme, targeting predominantly Latino investors in the U.S. ...
6 months ago
Federal Judge Edgardo Ramos found the SEC’s suit “plausibly alleges” that Gemini Earn was a securities offering, allowing the case to continue in court.
The United States Securities and Exchange Commission’s allegation that crypto firms Gemini and Genesis sold unregistered securities through the Gemini Earn program is plausible enough to c...
6 months ago
EL SALVADOR BENEFITS FROM BITCOIN'S RISE!
El Salvador’s Bitcoin (BTC) holdings have yielded an unrealized profit of $84 million, with the treasury’s value increasing by 69% to over $206 million due to Bitcoin’s 250% ap...
6 months ago
Although plans for a shekel CBDC have been in place since 2021, no pilot tests have since carried forward.
Israel’s central bank will support a new Israeli shekel central bank digital currency (CBDC) that has the option of bearing interest. In the March 11 announcement, the Bank of Is...
6 months ago
Two senior executives from cryptocurrency exchange Binance have been detained against their will by Nigerian authorities for the past two weeks.
Tigran Gambaryan, who leads Binance’s criminal investigations team, and Nadeem Anjarwalla, Binance’s regional manager for Africa based in Kenya, have been stripped of their passports...
6 months ago
U.S. Senator Cynthia Lummis said that while this shows that the government is bullish on crypto, a 30% tax would destroy the industry’s foothold in the country.
United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. In a U.S. Department of the Treasury doc...
6 months ago
Crypto Firm Allegedly Transfers $4.2m To Sanctioned Russian Arms Dealer
UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russian arms dealer. Subsequently, the individual faced US s...
6 months ago
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