Cryptocurrency News

Malaysian Police Raid Illegal Bitcoin Mining Operation

Malaysian Police Raid Illegal Bitcoin Mining Operation

Key Notes Malaysian police seized 45 illegal Bitcoin mining machines worth $52,145. The operation stole $8,342 worth of electricity each month. No arrests were made, but investigations are ongoing. The Malaysian police carried out a raid on an illegal Bitcoin mining syndicate operating in the Hulu Terengganu and Marang districts on April 30. Authorities believe […]

Malaysian Police Raid Illegal Bitcoin Mining Operation Read More »

KiloEx Hack: Binance Helped Recover .1 Million In Lost Funds

KiloEx Hack: Binance Helped Recover $6.1 Million In Lost Funds

Key Notes Binance exchange’s security team joined a few others to investigate and track the $7.5 million fund. The attacker executed a series of transactions on Base, BNB Chain, and Taiko networks which were tracked. KiloEx gave the hacker a 10% bounty, but Binance’s recovery nullifies it. Under the leadership of CEO Richard Teng, Binance

KiloEx Hack: Binance Helped Recover $6.1 Million In Lost Funds Read More »

Dogecoin Flat as Whales Grab 100M DOGE

Dogecoin Flat as Whales Grab 100M DOGE

Key Notes DOGE stays resilient amid speculation over Elon Musk’s future at Tesla. Bloomberg analysts place an 80% probability on the SEC approving a Dogecoin ETF by year-end. Whales scooped up over 100 million DOGE in the past week. Despite the rumors of Tesla seeking a replacement for Elon Musk, a known Dogecoin DOGE $0.18

Dogecoin Flat as Whales Grab 100M DOGE Read More »

KuCoin launches  billion Trust Project to boost transparency and security

KuCoin launches $2 billion Trust Project to boost transparency and security

KuCoin has committed $2 billion to boost platform transparency, security, and compliance. The multi-year Trust Project is already underway with phased rollouts. The initiative also aims to strengthen KCS token utility and global user trust. KuCoin has launched a sweeping $2 billion initiative dubbed the “Trust Project,” aimed at significantly enhancing the platform’s transparency, user

KuCoin launches $2 billion Trust Project to boost transparency and security Read More »

Roswell Becomes First U.S. City to Add Bitcoin to Reserves

Roswell Becomes First U.S. City to Add Bitcoin to Reserves

Key Notes Roswell has become the first U.S.city to create a Bitcoin reserve. The reserve was initiated with a 0.0305 BTC anonymous donation. The fund will support public services and disaster relief in Roswell. Roswell became the first U.S. city to create a Bitcoin reserve on April 29, 2025, when it established the Roswell Strategic

Roswell Becomes First U.S. City to Add Bitcoin to Reserves Read More »

FIFA Moves NFT Platform to New EVM-Compatible Blockchain

FIFA Moves NFT Platform to New EVM-Compatible Blockchain

Key Notes FIFA is migrating its NFT platform to an EVM-compatible blockchain for better performance and scalability. Migration is set to occur on or after May 20, 2025. FIFA Collect owners will need to re-import exported collectibles before the deadline. The Fédération Internationale de Football Association (FIFA) has announced plans to launch a new blockchain

FIFA Moves NFT Platform to New EVM-Compatible Blockchain Read More »

KuCoin Launches B Trust Project to Boost Crypto Security

KuCoin Launches $2B Trust Project to Boost Crypto Security

Key Notes KuCoin commits $2 billion to its new Trust Project. The initiative aims to boost crypto security and transparency. KuCoin expands into Thailand and eyes EU growth. Popular crypto exchange KuCoin has announced its latest initiative, the “Trust Project,” pledging $2 billion to improve security and transparency across the crypto ecosystem. The project is

KuCoin Launches $2B Trust Project to Boost Crypto Security Read More »

Michael Saylor Confirms .42B Bitcoin Purchase

Michael Saylor Confirms $1.42B Bitcoin Purchase

Strategy’s executive chairman, Michael Saylor, hinted at another round of Bitcoin purchases by the company, which has just become a reality. Overall, Strategy is the largest institutional holder of the leading cryptocurrency. Saylor’s hint was very timely, as major players are actively buying up Bitcoin, further reducing the available supply of the coin How many

Michael Saylor Confirms $1.42B Bitcoin Purchase Read More »

XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers

XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers

Key Notes XRP price to close April on a positive note, the first time in 3 years. The coin’s growth stems from positive advances within the Ripple Labs ecosystem. Hopes of a sustained bullish reversal are now tied closely to the general market outlook. Ripple Labs-backed XRP is eyeing a more bullish rebound after breaking

XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers Read More »