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Mudrex, an Indian crypto investment platform, has suddenly halted its withdrawals on Saturday, attracting more criticism from the community. The exchange later announced that it was due to an effort to upgrade the compliance suite to avoid bad actors. Mudrex’s founder…
Grayscale Investments announced adjustments to its Digital Large Cap Fund (GDLC) allocation on Wednesday, with Bitcoin (BTC) and Ethereum (ETH) now comprising nearly 90% of the portfolio. As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets and…
Singapore has blocked crypto-based prediction market Polymarket as part of its ongoing crackdown on unlicensed gambling platforms. On Jan. 12, users reported being unable to access the site. Alex Zuo, vice president of investment and custody at Cobo Global, shared on…
Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aiming to integrate Bitcoin into the state’s economy. The bill proposes allowing employees and vendors to conduct transactions in Bitcoin, presenting it as an alternative to the inflation-weakened U.S. dollar.…
Crypto mining hardware sales have tripled in Russia year-on-year, one of the nation’s top Bitcoin mining experts has claimed. Speaking to the Russian news outlet Prime, Sergey Bezdelov, the head of the Industrial Mining Association said that “in the fourth quarter…
U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. CryptoQuant CEO Ki Young Ju shared on X that this ratio measures Bitcoin holdings of prominent U.S. entities, such as MicroStrategy, exchange-traded funds (ETFs),…
Bitcoin miner manufacturer Canaan has announced that it will integrate Bitcoin mining into everyday life by unveiling the Avalon Mini 3 and Avalon Nano 3S home miners at CES 2025 in Las Vegas. The two new rigs promise to mine Bitcoin…
While Bitcoin battles to hold $100,000, an analyst cautions an impending “new wave” of corporate adoption as the roster of companies approving Bitcoin reserves grows. Bitcoin’s 2025 price projections have received a vote of confidence from KULR Technology Group, becoming the…
Bhutan’s Mindfulness City located in the southern Himalayan foothills, Gelephu, has announced that it will hold Bitcoin, Ethereum and Binance Coin in its strategic reserve assets. The Special Administration Region (SAR) has become one of the first jurisdictions to officially include…
A federal grand jury in Georgia has indicted three Russian nationals for operating cryptocurrency mixing services Blender.io and Sinbad.io, accusing them of money laundering. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik, who were arrested last month, face charges of laundering criminal…
New York Attorney General Letitia James has taken legal steps to recover over $2 million in cryptocurrency stolen through an elaborate scam targeting individuals seeking remote job opportunities. The scheme involved scammers sending text messages promising flexible, high-paying jobs. Victims were…
Fidelity claims nation states face greater risks by avoiding Bitcoin allocations than by embracing them. In a report on Tuesday, Fidelity Digital Assets analyst Matt Hogan highlighted that many countries have indirectly acquired Bitcoin through government seizures and recoveries tied to…