Argentine President Milei Refutes Involvement in Cryptocurrency Scandal
Argentine President Javier Milei has come under scrutiny following allegations of promoting a controversial cryptocurrency, $Libra. On Friday, Milei mentioned $Libra in a social media post, leading to a swift…
Musk and Altman Clash Over OpenAI
Elon Musk’s ambitious $97.4 billion bid to acquire all assets of OpenAI has been officially rejected by the company’s board of directors. The offer, which Musk claims aims to return…
Australian Police Crack Down on Syndicate Stealing Bitcoin ATMs and Collector Cards
Australian police have unearthed a significant trove of stolen items, dubbed an “Aladdin’s cave,” following a crackdown on a local crime syndicate accused of targeting cryptocurrency ATMs and collector card…
Tether and Guinea Forge Partnership to Develop Blockchain Technology
Tether, the issuer of the major stablecoin, has announced a new partnership with Guinea, aiming to explore the integration of blockchain and peer-to-peer technologies in the country. On February 17,…
New MiCA Guidelines Set Competence Standards for Crypto Industry Staff
The European Securities and Markets Authority (ESMA) has issued a consultation paper on February 17, outlining proposed guidelines to assess the knowledge and competence of staff at crypto asset service…
GameStop Shifts Focus to Cryptocurrency Investments
GameStop, the American video game retailer, is making headlines with its strategic pivot toward cryptocurrency investments. In December 2023, the company’s board approved a new “investment policy,” positioning itself to…
Bitcoin’s Sharp Decline Leads to Broad Sell-Off in Asian Crypto Stocks
On February 3, Asian cryptocurrency stocks experienced significant declines, with Bitcoin plummeting to $91,163 — its lowest level in over three weeks — sparking a broad market sell-off across various…
SEC Thailand Advances with Plans for Digital Token Trading Platform
The Securities and Exchange Commission of Thailand is set to introduce a trading platform utilizing distributed ledger technology (DLT) specifically for securities firms to engage in digital token trading. According…
Bitcoin Regains Dominance Over 60% as Altcoins Face Sharp Declines
Bitcoin’s dominance — a metric that gauges Bitcoin’s proportion of the total cryptocurrency market capitalization — rose above 60% on February 2, during a broad downturn in the crypto markets…
India Considers Adjusting Crypto Policies in Response to Global Adoption
In response to increasing cryptocurrency adoption by other nations, the Indian government is reassessing its regulatory stance on digital assets. India’s economic affairs secretary, Ajay Seth, highlighted the borderless nature…
Trump’s Diplomatic Strategy May Push Allies Towards China
If there’s one lesson that foreign leaders might have deduced from Donald Trump’s presidency, it’s that being America’s adversary can sometimes seem more advantageous than being its friend. Strained Relationships…
Crypto Hack Losses Drop in January Despite Major CeFi Breaches
Cryptocurrency hackers have persisted in their efforts to steal user funds, though the amount stolen in January showed a decline from the previous year, indicating a potentially positive development for…
El Salvador Modifies Bitcoin Law After IMF Deal
El Salvador’s Congress has swiftly approved legislation to amend its Bitcoin laws, aligning with an agreement reached with the International Monetary Fund (IMF). The legislation was ratified by the Legislative…
Fed Chair Powell Encourages Congressional Action on Crypto Regulation
Federal Reserve Chair Jerome Powell recently discussed cryptocurrency regulations after announcing that interest rates in the United States would remain unchanged. Banking and Crypto Following a Federal Open Market Committee…
Robinhood Launches Bitcoin Futures Trading
Online brokerage Robinhood is expanding its offerings with the launch of futures trading, including Bitcoin and other assets. Expanding Beyond Stocks The company, known primarily for stock trading, introduced…
Gary Gensler Rejoins MIT Faculty to Explore AI and FinTech
Gary Gensler, the former chairman of the Securities and Exchange Commission (SEC), has taken up a professorship at the Massachusetts Institute of Technology (MIT) to teach and conduct research on…
Fortitude Mining Emerges as DCG’s Dedicated Mining Subsidiary
Digital Currency Group (DCG) has announced the creation of Fortitude Mining, a new subsidiary focused on cryptocurrency mining. This move signals DCG’s intention to provide institutional investors with exposure to…
Utah Advances Bill Allowing State to Invest in Crypto
A Utah House committee has given the green light to a bill that could pave the way for the state to invest public funds in cryptocurrencies. The Utah House Economic…
Bitwise Seeks SEC Approval for Dogecoin ETF Tracking Memecoin Price
Bitwise has filed with the US Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) that tracks the price movements of Dogecoin, the popular memecoin. The proposed Bitwise…
Poland Surpasses El Salvador in Global Bitcoin ATM Count
Poland added 10 new Bitcoin ATMs on Jan. 27, bringing its total to 219 active machines and surpassing El Salvador as the fifth-largest cryptocurrency ATM network globally, following the US,…