Changpeng Zhao Open to a Presidential Pardon from Donald Trump
Former Binance CEO Changpeng “CZ” Zhao has expressed his openness to receiving a federal pardon from United States President-elect Donald Trump. This statement came during a December 1 exchange on…
MicroStrategy Acquires $1.5 Billion Worth of Bitcoin in a Week
MicroStrategy, known for its substantial corporate Bitcoin investments, recently disclosed the purchase of approximately 15,400 BTC over the period from November 25 to December 1. This acquisition, financed through $1.5…
Brazil Tightens Regulations on Stablecoin Withdrawals
Amid a steep decline in the value of the Brazilian real against the U.S. dollar, Brazil’s central bank, Banco Central do Brasil (BCB), has issued a draft regulation aimed at…
XRP Climbs Back to Third Place After Extended Legal Battle with SEC
XRP, the digital currency used by U.S. blockchain payment firm Ripple, has reclaimed its position as the third-largest cryptocurrency by market capitalization. This resurgence marks a significant comeback after being…
Biden’s Pardon of Hunter: A Complex Decision Shrouded in Controversy
In an unprecedented move, President Joe Biden issued a blanket pardon for his son, Hunter Biden, sparking a firestorm of criticism from both political parties. This action, taken late on…
Federal Judge Rejects Appeal in $18 Million Cryptocurrency Fraud Case
In a recent decision, a Utah federal judge refused to dismiss a U.S. Securities and Exchange Commission (SEC) lawsuit against Kristoffer Krohn, a promoter implicated in an $18 million fraudulent…
Bomb Threats and ‘Swatting’ Incidents Target Trump’s Cabinet Nominees and Appointees
As President-elect Donald Trump prepares to transition into office, several of his cabinet nominees and administration appointees were subjected to bomb threats and ‘swatting’ attacks this past Tuesday night and…
Morocco’s Central Bank Moves to Legalize Cryptocurrencies
Morocco is poised to transform its stance on cryptocurrencies, planning to legalize all forms of digital assets after initially banning them in 2017. This reversal is propelled by the drafting…
Report Highlights Critical Gaps in Financial Literacy Among Crypto Investors
A recent study conducted by the crypto gaming startup PiP World has revealed alarming deficiencies in the financial literacy of the cryptocurrency community, despite Bitcoin trading near record highs. The…
Ex-Binance Executives Introduce Euro-Pegged Stablecoin Compliant with MiCA Regulations
As Europe edges closer to the final enforcement deadline of the Markets in Crypto-Assets Regulation (MiCA) by the end of the year, Schuman Financial, steered by former Binance executives including…
Telegram’s Cryptocurrency Portfolio Surges to $1.3 Billion in First Half of 2024
Telegram‘s cryptocurrency assets experienced a remarkable increase, soaring to $1.3 billion in the first half of 2024, a significant rise from $400 million at the end of 2023. This growth…
Changpeng Zhao Calls for a Shift Toward Genuine Blockchain Innovations Over Memecoins
Changpeng “CZ” Zhao, the former CEO of Binance, has recently vocalized a significant pivot in his stance towards cryptocurrency, emphasizing the importance of developing substantial blockchain applications rather than focusing…
Canadian Wellness Company Approves $1 Million Bitcoin Treasury Investment
In a significant shift towards digital asset adoption, Jiva Technologies, a wellness and plant-based e-commerce leader, has embraced a Bitcoin treasury strategy. The decision came after its board of directors…
Bitcoin’s $93K Dip: A Temporary Setback Before the $100K Surge
Bitcoin recently experienced a dip below $93,000, retreating nearly 7% from its Nov. 22 all-time high of $99,645. The asset hit an intraday low of $92,775 during early trading on…
Appeals Court Rules to Dismiss Trump’s Classified Documents Case
On Tuesday, an appeals court ruled to dismiss charges related to Donald Trump’s alleged mishandling of classified documents, effectively ending Special Counsel Jack Smith’s prosecution of the former president. This…
Crypto Miners in Texas’ ERCOT Region Required to Report Power Demand
On November 21, Texas’ Public Utilities Commission (PUCT) passed a new rule requiring Bitcoin miners operating on the state’s ERCOT-managed power grid to register with the state and provide essential…
Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading Service
Hong Kong‘s largest virtual bank, ZA Bank, has launched a new service allowing retail customers to buy and sell Bitcoin and Ethereum directly with fiat currency. The move is part…
Crypto Liquidations Reach $470M as Bitcoin Retraces, Altcoins Surge
Bitcoin faced a pullback on November 24 after failing to break the $100,000 milestone, sparking one of the largest weekend crypto liquidation events in more than six months. Over the…
Tether Mints Additional $3B in USDt Stablecoins Amid Crypto Surge
Tether minted an additional $3 billion in USDt tokens on November 23, responding to a surge in crypto market activity, particularly Bitcoin, which neared the $100,000 price level. According to…
Reserve Bank of India Expands Cross-Border Payments Platform
The Reserve Bank of India (RBI) is expanding its cross-border payments platform to enable instant settlements, with plans to add new trading partners in Asia and the Middle East. India…