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…
This week, the crypto market has witnessed a notable positive shift, particularly in prices for major alternative cryptocurrencies XRP, DOGE and XLM. These tokens are once again priced more or less the same on the Nasdaq-listed Coinbase, considered a proxy…
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to 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…
XRP, priced at $2.52 with a market cap of $145 billion and 24-hour trading volume of $9.35 billion, has shown a price range between $2.33 and $2.56 on January 13, 2025, as technical indicators suggest a mix of consolidation and…
It’s the metric that many Bitcoin investors don’t know—or care—about. But they should, despite the biggest and oldest digital coin’s price taking a hit earlier Monday. Bitcoin’s mining difficulty has edged up again to touch a new high. Data from…
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…