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The exchange’s Q1 2024 report highlights a growing customer appetite for complex crypto products during the crypto bull market.

Bitget exchange volume topped $1.6T in Q1

Futures and spot volume on crypto exchange Bitget topped $1.4 trillion and $160 billion in the first quarter, growing substantially from the $658 billion in futures trading volume and $59 billio...

5 months ago

Paraguay’s lawmakers have proposed an alternative to a controversial Bitcoin mining blanket ban and are set to debate the topic later this month.

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners

Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now considering the benefits of selling excess energy from its Itaipu hydr...

5 months ago

The overall proportion of total illicit crypto funds is shrinking by 9% on a year-on-year basis, although bad actors still handled over $34 billion in 2023.

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The total volume of illicit crypto funds decreased by nearly one-third in 2023, according to research done by TRM Labs. The findings reveal that the volume fell from $49...

5 months ago

FBI Demands Mike Schimdt’s Cooperation

FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack

In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a...

5 months ago

British Columbia Seeks to Preserve Electricity

British Columbia Province to Regulate Electricity Supply for Crypto Miners

Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.” Josie Osborne, Minister of Energy, Mines and...

5 months ago

Google search data and exchange activity point to the declining interest from retail traders as crypto investors search for the next big spark that will bring fresh capital into the ecosystem.

Retail interest in crypto declines as investors search for the next big price mover

One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders.&...

5 months ago

More than 62% of SushiSwap voters backed the move to a “Labs model” in a signal vote on April 10, showing support for the DEX’s shift toward a less decentralized business structure.

SushiSwap DAO backs transition to ‘Labs model’ in preliminary vote

Decentralized exchange SushiSwap has received a positive sign to move forward with a controversial plan for a less decentralized business model. According to a signal vote c...

5 months ago

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. Th...

5 months ago

The Crime and Corruption Commission is calling for a reform of Queensland’s Criminal Proceeds Confiscation Act 2002 to counter the growing illicit use of cryptocurrencies in the state.

Queensland law enforcement agency calls for more powers to seize crypto

The Crime and Corruption Commission (CCC), a law enforcement agency in Queensland, Australia, has identified certain gaps in state laws that encourage criminal use of digital assets. T...

5 months ago

Blockchain forensics firm TRM Labs has expanded its leadership team, appointing Boon Hui Khoo as senior advisor.

TRM Labs appoints ex-Interpol president as senior advisor

In a blog announcement on April 11, blockchain forensics firm TRM Labs announced the appointment of Boon Hui Khoo as senior advisor, signalling the company’s strategic ...

5 months ago