Trump Media, Led by CEO Devin Nunes, Plans $2.5 Billion Bitcoin Treasury In a bold and unprecedented move, Trump Media, under the leadership of CEO Devin Nunes, has announced plans to allocate a staggering $2.5 billion to Bitcoin as part of its treasury strategy. The decision comes as Bitcoin continues to gain traction as a […]
Ripple calls for legal test on digital asset classification
Ripple Calls for Legal Test on Digital Asset Classification In the ever-changing landscape of digital assets, regulatory clarity is paramount for companies operating in the space. Ripple, a prominent player in the cryptocurrency industry, has recently made a significant move by calling for a legal test on digital asset classification. In a letter addressed to […]
Coinbase expands altcoin support in Germany
Coinbase Expands Altcoin Support in Germany Coinbase, one of the leading cryptocurrency exchanges worldwide, has made significant strides in expanding its altcoin support in Germany. The exchange’s move comes after being approved by Germany’s regulatory authority BaFin in 2021, making it the first platform to receive a crypto custody license in the country. With this […]
Pakistan appoints crypto advisor amid push for Bitcoin mining
Pakistan Appoints Bilal Bin Saqib as Crypto Advisor to Spearhead Bitcoin Mining and Blockchain Adoption In a significant move towards embracing the world of cryptocurrencies, Pakistan has appointed Bilal Bin Saqib to spearhead its blockchain strategy. This appointment comes at a crucial time when the country is actively promoting Bitcoin mining and the adoption of […]
Tether plans US stablecoin to comply with local rules
Tether Plans US Stablecoin to Comply with Local Rules Tether, the popular cryptocurrency stablecoin issuer, has recently announced its plans to launch a US dollar-pegged stablecoin. This strategic move comes as part of Tether’s efforts to comply with local regulations and ensure its long-term sustainability in the ever-changing cryptocurrency landscape. USDT, Tether’s existing stablecoin, has […]
Stablecoin bill could trigger huge demand for US bonds
Stablecoin Bill Could Trigger Huge Demand for US Bonds In the realm of digital assets, stablecoins have emerged as a popular choice for investors seeking a reliable store of value without the volatility often associated with cryptocurrencies. These digital tokens are pegged to stable assets like the US dollar, offering a sense of security in […]
Kazakhstan to license crypto-to-fiat exchanges
Kazakhstan to License Crypto-to-Fiat Exchanges Kazakhstan is making a significant move in the world of cryptocurrencies by announcing plans to license crypto-to-fiat exchanges. This decision comes as National Bank officials in the country have taken the initiative to regulate crypto platforms, including those dealing with stablecoins. This proactive approach showcases Kazakhstan’s willingness to adapt to […]
Crypto.com gains EU approval for crypto derivatives
Crypto.com Secures EU Approval for Crypto Derivatives In a significant move for the cryptocurrency industry, Crypto.com has successfully acquired Cyprus-based A.N. Allnew Investments to gain regulatory approval for offering crypto derivatives within the European Union. This strategic acquisition not only marks a milestone for Crypto.com but also opens up new avenues for the company to […]
Bitcoin hits all-time high above $111K
Bitcoin Hits All-Time High Above $111K Bitcoin, the leading cryptocurrency, has recently surged to an all-time high above $111,000. This milestone has once again brought the spotlight back on the digital currency, showcasing its potential as a lucrative investment option in the ever-changing financial landscape. One of the key drivers behind this recent surge in […]
Coinbase hit by cyber-attack with up to $400m losses
Coinbase Hit by Cyber-Attack: A Deep Dive into the $400m Losses The world of cryptocurrency has once again been rocked by a significant cyber-attack, with industry giant Coinbase falling victim to a sophisticated hacking scheme. Reports have surfaced that hackers managed to breach Coinbase’s defenses by paying overseas contractors to gain unauthorized access to the […]