News BTS
A Moscow bank staffer has been arrested on suspicion of stealing “about 180 million rubles [$1.8 million] from a client’s safe deposit box” and swapping the “stolen” banknotes for crypto. The banker was reportedly arrested “at one of the capital’s airports.”…
Upbit and Bithumb, South Korea’s two biggest crypto exchanges, have agreed to pay customers around $2.4 million worth of compensation for outages during the martial law chaos of December 3. Maeil Ilbo reported that the platforms have agreed to settle with…
Coinbase CEO Brian Armstrong announced on Wednesday plans to improve the platform’s support for Solana (SOL) following the resolution of recent transaction delays that affected users. We have the Solana backlog triaged, and transactions should generate quickly again. If your transaction…
MicroStrategy, the American development company founded by Michael Saylor, expanded its Bitcoin holdings by 11,000 BTC, equivalent to $1.1 billion, as revealed in a January 21 post on X by the business intelligence executive. MicroStrategy’s $1.1 Billion Bitcoin Acquisition According to…
Crypto.com has introduced an institutional trading platform in the United States, aiming to complement its existing crypto retail trading mobile application. The new platform, announced on January 21, will offer more than 300 trading pairs and advanced trading tools tailored to…
Deribit, one of the leading crypto derivatives exchanges globally, reported a staggering $1.1 trillion in trading volumes in 2024, marking a 95% year-over-year increase from $608 billion in 2023. In the company’s year-end report, Deribit CEO Luuk Strijers attributed the surge…
Crypto-based exchange-traded fund (ETF) applications have reportedly doubled after former SEC Chair Gary Gensler’s resignation this week. According to Bloomberg analyst Eric Balchunas, 33 crypto asset ETFs have been submitted to the US SEC currently. “The list doubled since Gensler left…
The Trump administration on Tuesday launched a task force to lower regulatory hurdles for cryptocurrencies, a day after President Donald Trump returned to the White House. Addressing long-standing calls from the digital assets industry, the Securities and Exchange Commission announced that…
President Donald Trump has officially signed a “full and unconditional” pardon for Silk Road mastermind Ross Ulbricht on Tuesday. The President has followed through on another campaign promise to commute Ulbricht’s two life sentences plus 40 years without parole for his…
Circle, a leading stablecoin issuer, announced on Tuesday its acquisition of Hashnote, the issuer of the US Yield Coin (USYC), as part of a broader initiative to integrate USYC with USDC and expand tokenized asset adoption. Circle announced today the acquisition…
$TRUMP and $MELANIA meme coin holders should beware fraudsters who are now targeting their crypto wallets, a Russian security provider warned on January 21. Maria Sinitsyna, a senior analyst at FACCT, told Izvestia that fraudsters “have started creating new $TRUMP-themed websites”…
At the World Economic Forum in Davos on Tuesday, Binance CEO Richard Teng announced that between 2022 and 2024, the platform’s users saved $1.75 billion in remittance fees through its fee-free crypto service. Binance processed $26 billion in crypto remittances during…