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Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating...
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led...
Feds Charge Chinese Nationals in $73 Million ‘Pig Butchering’ Crypto Scam
Two Chinese nationals were charged with orchestrating a large-scale cryptocurrency scam that netted at least $73 million in laundered funds,...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the...
BloFin Whales’ View: After Halving
A loose liquidity environment and new narrative outbreaks are the main determinants of the bull market after the Bitcoin halving....
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial...
Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round
Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of...
El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using...
CME prepares to launch spot Bitcoin trading — FT
Share this article The Chicago Mercantile Exchange (CME), the world’s largest futures Bitcoin (BTC) trading platform, is preparing to introduce...
Dogecoin (DOGE) Bull Run, Bitcoin (BTC) Price Recovery, and More: Bits Recap May 6
TL;DR BTC rebounds from recent lows to over $64,000, signaling resilience and potential bullish momentum. DOGE sees a notable 12%...
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act,...
Robinhood Launches Its First Crypto Staking Product
Robinhood has introduced its first-ever crypto staking product, which will be available to European customers. The company has also launched...
Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also...
Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges
On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7...
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s...
Dencun is Destroying Ethereum’s “Ultrasound Money” – CryptoQuant
Dencun, Ethereum’s major upgrade in mid-March, while promising to enhance the network’s scalability, is showing a nasty side effect. According...
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an...
Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain
The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to...
USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million...
Tim Draper Joins $3.5 Million Bitcoin Lending Investment
Tim Draper has led a $3.5 million seed funding round in Zest Protocol, a Bitcoin lending startup. This move marks...
Coinbase claims full recovery after system-wide outage
Share this article US crypto exchange Coinbase has been grappling with a “system-wide outage” since 12:15 am ET earlier today,...
