Elon Musk criticizes the U.S. Treasury for fraudulent payments, advocating blockchain for transparency as experts debate its feasibility in government finance.
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Ben Zhou, Bybit CEO, stated that the Total liquidation experienced by the crypto market yesterday exceeded $2 billion. Ben reacted to a Cointelegraph tweet explaining that the actual liquidation figures were around $8 billion to $10 billion and not $2 billion as reported. I am afraid that today real total liquidation is a lot more…
Award-winning and Popular Sleuth ZachXBT revealed Coinbase users lost over $65 million to fraudulent schemes in the last 2 months. The crypto sleuth who played a key role in recovering several funds shared his latest insights on the largest crypto exchange in the United States. ZachXBT, in a thread on X, shared key details from…
As Europe’s MiCA regulation becomes mandatory, exchanges like Crypto.com delist Tether’s USDT. Experts weigh in on how the new rules may impact stablecoins, liquidity, and market efficiency. EU MiCA Regulation Forces Exchanges to Delist Tether's USDT The European Union’s new Markets in Crypto-Assets (MiCA) regulations have led to a major shift in the stablecoin market,…
Cipher Mining secures a $50 million investment from SoftBank to expand its high-performance computing data centers, solidifying its role in industrial-scale infrastructure. Tech Giant Becomes Key Stakeholder in Bitcoin Mining Firm Cipher Mining Inc. (NASDAQ: CIFR) has secured a $50 million private investment from SoftBank Group Corp., positioning the technology-focused investor as a key stakeholder…
World Liberty Financial (WLFI), a crypto investment firm backed by the Trump family, has seen its portfolio decline by $51.7 million following the announcement of new import tariffs by U.S. President Donald Trump. The downturn, which represents a 21% loss on WLFI’s recent $242.77 million crypto investment, underscores the broader market reaction to the policy…
Jordan's government (JSC) has taken a significant step toward regulating digital assets by approving an initiative to develop a comprehensive regulatory framework within the year. The initiative aims to align Jordan's regulations with global standards, creating a secure environment for digital asset trading while enhancing the country's digital economy. Regulatory Framework to Be Developed by…
The Securities and Exchange Commission (SEC) of Thailand is set to introduce a new trading system for digital tokens, leveraging distributed ledger technology (DLT) to enhance market efficiency and attract securities firms into the digital asset space, according to local reports published on February 3. Notably, Jomkwan Kongsakul, deputy secretary-general of the Thai SEC, stated…
The Arkansas Senate has rejected a bill banning bitcoin mining near military bases, keeping digital asset operations unrestricted despite national security concerns. Legislators Vote Against Restricting Digital Asset Mining Operations The Arkansas Senate has rejected Senate Bill 60, which sought to ban bitcoin mining operations within 30 miles of military facilities due to national security…
21Shares files for Polkadot ETF with the SEC, aiming to offer direct exposure to DOT with secure asset management.