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Swiss Bitcoiners Intensify Efforts to Incorporate Bitcoin into National Bank Reserves

In Switzerland, a group of Bitcoin enthusiasts is spearheading a renewed campaign to incorporate Bitcoin into the Swiss National Bank’s (SNB) reserves, an initiative that involves a proposed constitutional amendment.…

Bitcoin Halving Sparks Surge in Layer 2 Adoption

On April 20, Bitcoin marked a significant milestone with its fourth halving event, known as “Epoch V.” This event, which slashes the new bitcoin supply by 50%, not only celebrated…

Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO

Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest…

Bitcoin Miners Eye AI Integration in Post-Halving Era, CoinShares Reports

In the wake of the recent Bitcoin halving, which cut the reward for mining by 50%, CoinShares has released a report suggesting that crypto miners may increasingly turn to artificial…

Twelve Solana Memecoin Projects Abandoned Within a Month of Presales

In the last 30 days, at least twelve Solana-based memecoin projects that collectively raised $26.7 million through presales have been abandoned, according to data revealed by blockchain investigator ZachXBT. This…

Bitcoin Transaction Fees Plummet Following Record High on Halving Day

Just one day after the fourth Bitcoin halving event, which saw average transaction fees soar to a record $128, the fees have dramatically decreased. On April 21, the cost for…

Bitwise CEO Forecasts Surge in Bitcoin ETF Investments by Wealth Management Firms

Hunter Horsley, CEO of Bitwise, anticipates a significant uptick in Bitcoin ETF holdings among wealth management firms, particularly in the wake of the recent Bitcoin halving event, which traditionally fuels…

Victory Securities Announces Fee Structure for Newly Approved Bitcoin and Ether ETFs in Hong Kong

Hong Kong-based investment firm Victory Securities has unveiled the proposed fee structure for its upcoming Bitcoin and Ethereum exchange-traded funds (ETFs), following the Hong Kong Securities and Futures Commission’s (SFC)…

Bitcoin Maintains Stability Following Its Fourth Halving Event

On Friday, Bitcoin experienced its fourth halving, a significant event in the cryptocurrency’s lifecycle that adjusts the rate at which new coins are generated. Despite the potential for volatility, Bitcoin…

Sweden Claims $90 Million in Unpaid Taxes from Cryptocurrency Mining Firms

The Swedish Tax Agency, Skatteverket, has concluded an extensive investigation into the tax practices of cryptocurrency mining companies, resulting in claims of over $90 million in unpaid taxes. This follows…

Canada Sets Early Implementation of Global Crypto Tax Reporting Standards

Canada is poised to adopt the international Crypto-Asset Reporting Framework (CARF) by 2026, according to a recent supplement to the country’s 2024 annual budget. This proactive measure places Canada ahead…

New Zealand Explores the Potential Introduction of Digital Cash

The Reserve Bank of New Zealand (RBNZ) has initiated a 101-day public consultation to gather input on the foundational principles and design options for a potential digital dollar. This move…

Binance Secures Dubai Crypto License as Co-Founder Zhao Relinquishes Voting Power

Binance, the world’s largest cryptocurrency exchange, has successfully obtained a Virtual Asset Service Provider (VASP) license in Dubai, marking a significant regulatory milestone. This achievement came after Changpeng Zhao, Binance’s…

Sen. Lummis Advocates for Circle Over Tether Amid Proposed U.S. Stablecoin Regulations

Senator Cynthia Lummis (R-Wyo.), a co-author of the latest bill aimed at regulating stablecoins in the U.S., highlighted potential regulatory advantages for Circle Internet Financial compared to Tether, given the…

Binance Bolsters Security and Trust by Converting $1 Billion SAFU to USDC Stablecoin

Binance, the largest cryptocurrency exchange globally, announced on Thursday a significant strategic move involving the conversion of its $1 billion Secure Asset Fund for Users (SAFU) into USDC stablecoin. This…

Upbit Halts High-Value Crypto Transactions Over Regulatory Changes

Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of deposits and withdrawals for digital assets exceeding 1 million Korean won (approximately $721). This decision is…

Tether CEO Stresses Importance of Competition in Stablecoin Market for Regulatory Engagement

Tether CEO Paolo Ardoino, speaking at Paris Blockchain Week, highlighted the significance of Ripple’s decision to launch its own stablecoin, noting that this move could enhance the legitimacy of the…

Ore Project’s Creator Suggests Incentives for Testnet Participation to Mitigate Solana Congestion

Hardhat Chad, the pseudonymous creator behind the Ore project, has put forward a proposal to the Solana Foundation suggesting the implementation of rewards to enhance testnet activity amid recent network…

Telegram’s Durov Foresees Crypto-Inspired Devices to Counter Government Surveillance

Pavel Durov, the founder of the encrypted messaging app Telegram, envisions the emergence of secure communication devices inspired by cryptocurrency hardware wallets as a response to increasing government surveillance. In…

Binance.US Welcomes Former NY Fed Chief Compliance Officer to Its Board

Binance.US, the American arm of the global cryptocurrency exchange, has announced the addition of a distinguished new member to its board of directors. Martin Grant, who served as the chief…