Stephen Akridge, Solana blockchain developer, is sued by ex-wife for allegedly stealing millions in staking rewards from her digital wallet.
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Montenegro has approved the extradition of Do Kwon, Terraform Labs co-founder, to the U.S., amidst ongoing fraud charges related to the $40 billion TerraUSD crash. Montenegro Greenlights Extradition of Terraform Labs’ Do Kwon to the U.S. Montenegro has officially approved the extradition of Do Kwon, the co-founder of Terraform Labs, to the United States. The…
The Biden administration finalizes a sweeping IRS crypto reporting rule requiring platforms to track all transactions. Learn how this impacts the crypto industry. Sweeping IRS Crypto Rule Finalized by Biden Administration The U.S. Treasury and Internal Revenue Service (IRS) have issued sweeping new regulations requiring brokers facilitating digital asset transactions to report all user activity…
Explore the latest crypto market trends as Bitget, Uniswap, and FTX tokens soar, while Best Wallet Token gains traction during its $5.5M presale. Read now for insights. Crypto Market Sees Major Shifts Amid Holiday Trading The crypto market has experienced significant movements this holiday season, with key players like Bitcoin and Ethereum retracting from recent…
Discover Polymarket’s Bitcoin predictions, with 30% confidence in $100K by year-end and 21% betting on $150K by March 2025. Explore what these trends mean for Bitcoin’s future. Polymarket's Wagering Activity Highlights Market SentimentParticipants on Polymarket, a decentralized prediction platform, are showing a modest 30% confidence that Bitcoin (BTC) will surpass the $100,000 threshold before the…
Key Takeaways Cambodia’s central bank approved stablecoins for financial firms while banning unbacked assets like Bitcoin. Banks can process crypto transactions, transfers, and custody services under strict regulatory oversight. Firms must secure NBC permits before offering crypto services, ensuring compliance and market stability. Recently, Cambodia's central bank has approved regulated stablecoin services for banks and…
The FBI, in collaboration with Japan’s National Police Agency, uncovers North Korean hacking group TraderTraitor’s involvement in the $308 million DMM exchange breach. Learn more about the investigation and its findings. Key Takeaways North Korea’s TraderTraitor group has been linked to the $308 million DMM exchange hack. The attack involved advanced social engineering tactics, including…
Strive Asset Management proposes a Bitcoin Bond ETF to invest in bitcoin-linked convertible securities, targeting companies like Microstrategy. Strive Asset Management Proposes Bitcoin Bond ETF Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has submitted a proposal for a Bitcoin Bond exchange-traded fund (ETF). This ETF aims to provide exposure to bitcoin (BTC) by investing…
Fidelity’s FETH outperformed Blackrock’s ETHA as the nine-spot Ethereum ETFs pulled in $117 million yesterday. Blackrock’s ETHA and IBIT for the first time in a long time failed to lead inflows in the Bitcoin and Ethereum ETFs. Blackrock was outperformed by Fidelity on both Exchange Traded Funds, a rare occurrence since both ETFs were launched…
Spot Bitcoin ETFs ended a bad run of outflows yesterday recording its first positive balance sheet in four days. The 11 Bitcoin ETFs closed the day pulling $475 million a sharp contrast from the last trading which saw the funds lose $338 million. Seven out of the 11 Spot Bitcoin ETFs recorded transactions for the…