El Salvador Acquires 11 Bitcoins Shortly After Finalizing IMF Agreement
El Salvador has made a notable addition to its national cryptocurrency reserve, purchasing 11 bitcoins for over $1 million, just a day following the conclusion of a significant $1.4 billion…
Binance.US Targets Early 2025 for Resumption of USD Services
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is gearing up to reinstate US dollar services by early 2025, as stated by interim CEO Norman Reed. This announcement…
Judge Declines to Halt Coinbase’s wBTC Delisting Amid Justin Sun Controversy
In a recent virtual hearing at the United States District Court for the Northern District of California, Judge Araceli Martínez-Olguín ruled against issuing a temporary restraining order that would prevent…
Crypto Advocacy Group Urges SEC to Reassess Investigations and Lawsuits with New Administration
A prominent crypto advocacy organization, the Digital Chamber’s Token Alliance, has called on the United States Securities and Exchange Commission (SEC) to undertake a comprehensive review of all crypto-related investigations,…
BlackRock Reignites Debate on Bitcoin’s 21 Million Cap with Uncertainty Disclaimer
The long-standing certainty around Bitcoin’s 21 million supply cap has been called into question following a recent explainer video by BlackRock. In the video, while reaffirming Bitcoin’s status as a…
South Korean Lawmaker Faces Six Months in Prison for Concealing Crypto Assets
Kim Nam-kuk, a member of South Korea’s National Assembly, is under scrutiny and could face a six-month prison sentence for allegedly failing to report his complete cryptocurrency holdings to the…
Deutsche Bank Develops Layer-2 Blockchain on Ethereum
Deutsche Bank, Germany’s most prominent financial institution, is reportedly advancing its blockchain initiatives by developing a layer-2 (L2) blockchain solution on Ethereum, employing ZKsync technology. This development is designed to…
Alaska Governor Requests Trump Administration to Lift Restrictions on Resource Development
Alaska Governor Mike Dunleavy is setting his expectations high with the incoming Trump administration, urging for significant policy shifts that would enhance oil and gas exploration, particularly in the Arctic…
Compliance-Driven Stablecoins Lead European Cryptocurrency Market
As Europe’s regulatory environment evolves, compliant stablecoins have begun to dominate the cryptocurrency market, marking a significant shift in digital asset usage across the region. A joint report by research…
ASIC Takes Legal Action Against Binance Australia for Consumer Protection Breaches
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Binance Australia Derivatives, the cryptocurrency derivatives trading platform, citing significant failures in consumer protection. This move highlights ASIC’s…
Coinbase Faces Backlash for Associating wBTC Delisting with Justin Sun’s Risks
Coinbase has come under fire from the cryptocurrency community following its decision to delist Wrapped Bitcoin (wBTC), which the exchange attributed to the “unacceptable risk” linked to Justin Sun, the…
Crypto.com CEO Meets Trump as Exchange Ends SEC Lawsuit
In a significant development for the cryptocurrency industry, President-elect Donald Trump recently held discussions with Crypto.com CEO Kris Marszalek at his Mar-a-Lago residence in Florida. The discussions, as reported on…
President Biden Supports Congressional Stock Trading Ban
President Joe Biden has expressed support for legislative measures that would prohibit members of Congress from trading stocks while in office. In a forthcoming interview with the labor advocacy group…
Rudy Giuliani Required to Attend January Contempt Hearing for Non-Compliance in Asset Turnover
A federal judge in Manhattan, Lewis J. Liman, has mandated that Rudy Giuliani, the former New York City mayor and personal attorney to President-elect Donald Trump, appear in court on…
European Exchanges Maintain Tether USDT Trading Despite Coinbase’s Delisting
Despite the recent delisting of Tether’s USDT stablecoin by Coinbase for its European customers, several major cryptocurrency exchanges across Europe are continuing to support USDT. This decision comes as the…
Bybit to Cease Crypto Services for French Users by January 2025
Bybit, a prominent global cryptocurrency exchange, has announced it will discontinue withdrawal and custody services for its French users effective January 8, 2025, at 8:00 AM UTC. This decision arises…
European MP Advocates for EU Bitcoin Reserve, Rejects CBDC
European lawmaker Sarah Knafo, a French magistrate and member of the European Parliament since June, has made a strong case for the European Union to prioritize establishing a strategic Bitcoin…
Influx of Executives in Blockchain Gaming Ahead of 2025 AAA Launches
As the blockchain-based gaming industry progresses towards mainstream acceptance, it is witnessing an increasingly concentrated hierarchy of executive roles. This trend was highlighted in the Blockchain Gaming Association’s fourth annual…
Biden Advocates for Congressional Stock Trading Ban
In a revealing interview with Faiz Shakir, an advisor to Senator Bernie Sanders, published on Tuesday by the progressive nonprofit news site More Perfect Union, President Joe Biden expressed his…
Nearly 800 Arrested in Nigeria for Involvement in Crypto Romance Scam
On December 10, Nigerian authorities conducted a significant raid in Lagos, arresting 792 individuals connected to a suspected large-scale crypto romance scam operation. The operation, believed to be one of…