Tag: Crypto

news-28102024-170147

Cryptocurrency Market Sees $27 Billion Inflows by 2024, $901 Million Last Week Amid US...

The cryptocurrency market has been booming, with a total of $27 billion in inflows recorded in 2024. Just last week, there was a significant influx of $901 million into crypto investment products. This surge...
news-27102024-225625

Validating Crypto’s Long-Held Truths: The Role of TradFi

Wall Street's recent acceptance of Bitcoin signifies a significant shift in the world of finance, paving the way for increased collaboration and innovation between traditional and digital financial sectors. The acknowledgment of Bitcoin's potential...
news-25102024-224200

Netherlands Crypto Tax Reporting Bill Consultation Begins

The Netherlands has started a consultation process for a new bill that would require crypto services to share user data with tax authorities. This move is in response to a European directive called DAC8,...
news-25102024-224052

DOJ Probe of Tether Dampens Crypto Rally Hopes

Cryptocurrency prices took a hit during U.S. afternoon hours on Friday following reports of a Department of Justice (DOJ) probe into stablecoin issuer Tether for potential violations of sanctions and anti-money laundering regulations. Stablecoins...
news-25102024-103741

Pennsylvania House of Representatives Passes Crypto Regulation Bill: What You Need to Know

The Pennsylvania House of Representatives recently passed a bipartisan bill focused on regulating bitcoin and other digital assets. This bill, known as House Bill 2481 or the Bitcoin Rights bill, aims to provide clarity...
news-25102024-043413

Exploitation of US Government-Linked Address for Over $20 Million in Cryptocurrency

A hacker has potentially stolen more than $20 million in cryptocurrency from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers, which took place on Oct. 24, have raised...
news-24102024-223034

Ripple CEO Positive About Crypto Future After Election Regardless of Outcome

Brad Garlinghouse, the CEO of Ripple Labs, is feeling positive about the future of cryptocurrency in the United States post-election, regardless of which political party emerges victorious. He expressed his optimism during DC Fintech...
news-23102024-040840

Defending Crypto Enforcement Approach: SEC Chair Gensler’s Response

SEC Chair Gary Gensler recently defended the agency's enforcement approach to crypto during an interview, addressing criticism of the SEC's regulatory methods. Despite concerns that the SEC's reliance on enforcement may hinder innovation and...
news-22102024-040139

Is Bitcoin’s Rally Failing as Price Dips Below $67K?

Bitcoin faced a setback as its price dipped below $67,000 after failing to break the $70,000 level during early Monday trading hours in Asia. The price of bitcoin dropped by 2.3% over the past...
news-20102024-153542

Adapting Data Centers for the Future of Crypto

The rise of Bitcoin and the subsequent growth of the crypto industry have had far-reaching implications, including the evolution of data center infrastructure to support blockchain networks. As the sector continues to expand, the...