Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says it finished setting up its $1 million ether reserve last week and has now completed the set up for its bitcoin reserve, also worth $1 […]
BTC Digital Buys $1 Million Worth of Bitcoin Read More »
U.S. authorities have closed investigations into crypto-betting platform Polymarket, signaling a regulatory shift under the Trump administration. Bloomberg reports that the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) formally notified Polymarket this month that their probes into the prediction market are ending. The investigations, which intensified late in the Biden administration,
DOJ and CFTC Terminate Polymarket Investigations: Bloomberg Read More »
Following the recent passage of legislation to regulate virtual assets, including cryptocurrency, Nauru’s government has appointed Australian banking and financial markets executive Brian Phelps as the inaugural CEO of the Command Ridge Virtual Asset Authority (CRVAA). President David Adeang highlighted Phelps’ extensive experience in the industry, emphasizing that his leadership will establish a foundation of
Nauru Appoints Australian Brian Phelps as CEO of New Virtual Asset Authority Read More »
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company, has announced the acquisition of an additional 797 bitcoin, bringing its total holdings to 16,352 BTC. The latest purchase was made at an average price of 17,312,239 yen (approximately $117,540) per bitcoin, totaling approximately 13.798 billion yen. This acquisition is
Metaplanet Acquires Additional 797 Bitcoin, Total Holdings Reach 16,352 BTC Read More »
Bitcoin continued its ascent on Monday morning, achieving yet another all-time high in its price record. The leading cryptocurrency reached nearly $122,600 on Bitstamp, with analysts suggesting that this is just another stepping stone on the path to even higher highs. Bitcoin has continued its rise to all-time high prices on Monday morning, having reached
Bitcoin’s Unrelenting Rise Continues: BTC Passes $122K Read More »
India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s Financial Intelligence Unit (FIU-IND) is intensifying its investigation into Binance and several cryptocurrency exchanges over allegations of digital assets being funneled through private wallets
India Probes Binance Over Crypto Transfers From Pakistan Read More »
A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts. The Directorate of Criminal Investigations (DCI) has launched an investigation
USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says Read More »
On July 12, President Donald Trump threatened to impose a 30% tariff on imports from Mexico and the European Union starting August 1, following unsuccessful trade negotiations. This escalation in the trade war has angered U.S. allies and unsettled investors. Trump communicated this decision in letters to European Commission President Ursula von der Leyen and
Trade War Escalates as Trump Threatens New Tariffs on Mexico, EU Read More »
The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With new capital flowing in, the sector shows no signs of slowing its climb—at least for
USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days Read More »
Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team
Coinbase Snags Opyn Leadership in Lift-Out Acquisition Read More »
