The Media’s Fascination with Cryptocurrency’s Dark Side
The fascination with the dark side of cryptocurrency has been a hot topic lately, with social media feeds flooded with crypto enthusiasts touting the success of bitcoin. But how did we get here? Why...
New Title: SEC Chair Gary Gensler Resignation Effective Jan. 20
SEC Chair Gary Gensler will be resigning from his position on Jan. 20, 2025, according to a recent Commission statement. Gensler, who has been in the role since April 2021, expressed his gratitude for...
Establishing Trump’s Crypto Advisory Council and Strategic Bitcoin Reserve: A Detailed Report
President-elect Donald Trump is making moves to establish a Crypto Advisory Council and a Strategic Bitcoin Reserve, as reported by Reuters on Nov. 21. This proposed council, dedicated to crypto matters, would be a...
Chris Giancarlo Considered for White House ‘Crypto Czar’ by Trump
Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, also known as “Crypto Dad,” is being considered for the role of the first White House “crypto czar” by the Trump administration, according to a...
Bitcoin Futures Open Interest on CME Hits Record High, BTC Targets $100K
Bitcoin futures open interest on the CME exchange has reached a record high of 218,000 BTC, equivalent to $21.3 billion. This surge in open interest indicates a bullish sentiment in the market, especially with...
Blockchain Partnership Between Mastercard and JPMorgan Enhances Foreign Exchange Services
Mastercard has teamed up with JPMorgan to enhance their foreign exchange services for businesses. This partnership aims to provide more transparency, faster settlement, and reduce time zone issues in cross-border payments for B2B transactions.The...
BCH Leads CoinDesk 20 Index with 13.1% Gain: Weekly Performance Update
CoinDesk, an esteemed media outlet covering the cryptocurrency industry, recently reported that BCH (Bitcoin Cash) has taken the lead in the CoinDesk 20 Index with an impressive gain of 13.1% for the week.It is...
Sui Network Outage Leads to 7% Price Drop in Bull Market
Sui Network Outage Leads to 7% Price Drop in Bull MarketThe Sui network recently experienced a major outage, causing a 7% drop in the price of SUI tokens. This outage disrupted the network's validators...
Uncovering South Korea’s Bitcoin Recovery Operation and North Korea’s Crypto Heist Connection
South Korea has made a significant breakthrough in combating North Korean cybercrime by successfully recovering 4.8 Bitcoin (BTC) linked to the 2019 hack of the Upbit exchange. This marks a crucial development in the...
Cryptocurrency Defined as Personal Property in China, Still Restricted for Businesses
China has recently clarified that owning cryptocurrencies is not illegal and has been defined as personal property under Chinese law. However, the use of cryptocurrencies is strictly limited to personal ownership and as commodities,...