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…
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…
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…
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…
FCA Unveils Discussion Paper on Enhancing Crypto Market Transparency and Combating Abuse
The Financial Conduct Authority (FCA) of the United Kingdom has signaled that comprehensive crypto asset regulation could be established by 2026. As part of these efforts, the FCA has recently…
Canada’s Finance Minister Resigns Amid US Trade Challenges
Chrystia Freeland, the Deputy Prime Minister to Canadian Prime Minister Justin Trudeau, recently announced her decision to resign as Canada’s Finance Minister. This move comes after being offered another cabinet…
Crypto Investment Products Log 10th Week of Consecutive Inflows, Totalling $3.2 Billion
The enthusiasm for cryptocurrency investments continues unabated, with Bitcoin reaching new heights and crypto investment products marking their tenth consecutive week of inflows. According to the latest data from CoinShares,…
Bitcoin to Gold Ratio Achieves New Record as BTC Price Soars
The Bitcoin to gold ratio, a critical metric assessing Bitcoin’s value relative to gold, reached a historic peak as Bitcoin’s price surged to unprecedented levels. On December 16th, this ratio…
Arizona Impersonator Allegedly Steals $300K in Crypto by Posing as Uber Driver
In Scottsdale, Arizona, a man was arrested after allegedly masquerading as an Uber driver to steal approximately $300,000 worth of cryptocurrency from two passengers. The incidents occurred outside the W…
MicroStrategy’s Saylor Hints at Bitcoin Acquisition Above $100K
Michael Saylor, the chief architect behind MicroStrategy’s Bitcoin investment strategy, recently suggested that the company has made another Bitcoin purchase—potentially its first at an average price exceeding $100,000. This hint…
Bitcoin Enters ‘Santa Claus Mode’ Amid Speculation of US Reserve Asset Status
On December 15th, Bitcoin’s price surged almost 5%, setting a new all-time high over $106,000 amid growing speculation about its potential role as a United States reserve asset. The cryptocurrency…