Bison, a cryptocurrency trading platform owned by the Boerse Stuttgart Group, announced on Jan. 13 that Deutsche Bank has become its banking partner. This collaboration aligns with Bison’s multi-banking strategy and enables Deutsche Bank to safeguard the euro balances of…
Bitcoin miners have reported a rising hashrate, a development that reflects growing confidence in BTC’s future value despite ongoing market uncertainties. The term “hashrate” refers to the computational power used to secure the Bitcoin network by solving complex mathematical problems.…
Block Inc., a financial services and digital payments company, could become the first S&P 500-listed firm with an explicit Bitcoin strategy, according to Matthew Sigel, VanEck’s head of digital assets research. Sigel shared his analysis on January 9, noting that…
Banca Intesa Sanpaolo, Italy’s largest bank by assets, purchased 11 Bitcoins on Monday, worth €1 million ($1.02 million). According to a Wired Italia report, this marks the first time in Italy, a credit institution concluded a direct crypto transaction. Some…
Sygnum, a crypto bank based in Switzerland and Singapore, has secured $58 million in an oversubscribed strategic growth funding round, propelling its valuation past the $1 billion mark and earning it the prestigious Unicorn status. The cornerstone investor for the…
Russia has “started” selling the Bitcoin it seized during a 2023 probe into the Infraud hacker group. The move suggests Moscow hopes to trade over BTC 1,000 for fiat. Per the Russian state-run news agency TASS, the Russian Treasury has…
Abkhazia crypto miners are once again blamed for the de facto state’s ongoing energy crisis, with officials claiming that emergency Russian electricity supplies are running low. The crisis, the South Caucus republic claimed, could come to a head next month…
Tether, the company behind the world’s largest stablecoin USDT, has announced its decision to relocate its headquarters and subsidiaries to El Salvador after securing an operating license in the country. The move comes after Tether obtained its second Salvadoran Digital…
Japanese firms are continuing to press ahead with their Bitcoin (BTC)-buying strategies, with the former crypto exchange operator Remixpoint completing a $3.2 million purchase. Per the Japanese media outlet Coinpost, Remixpoint announced late last week that it had bought “additional”…
Blockchain analytics firm Chainalysis has acquired Alterya, an AI-powered fraud detection startup, for a reported $150 million, marking its first significant foray into artificial intelligence (AI). “With Alterya, Chainalysis is doubling down on its strategy to invest in the prevention…