Daily Feed
Bitfinex Derivatives Moves to El Salvador, Embracing Crypto Hub Ambitions
Bitfinex Derivatives Relocates to El Salvador: A Bold Step into the Crypto Hub Bitfinex Derivatives, a subsidiary of the renowned cryptocurrency exchange Bitfinex, has made a strategic move to El Salvador after securing a Digital Asset Service Providers (DASP) license. This relocation aligns with El Salvador’s ambitions to become a leading cryptocurrency hub in Latin […]
Read MoreBitcoin Millionaire Jailed for Tax Fraud: A $124M Crypto Cautionary Tale
From Bitcoin Millionaire to Prison Inmate: The Cautionary Tale of Frank Richard Ahlgren III Frank Richard Ahlgren III, once a Bitcoin millionaire, now faces a two-year prison sentence for tax fraud involving $124 million worth of the cryptocurrency. Ordered to surrender his passcodes, this case sets a precedent for accessing hidden digital assets and highlights […]
Read MoreKazakhstan Blocks 3,500+ Illegal Crypto Exchanges in Regulatory Crackdown
Kazakhstan’s Crackdown on Illegal Crypto Exchanges: A Balancing Act In a bold move to combat financial crime, Kazakhstan has blocked over 3,500 illegal cryptocurrency exchanges, signaling a stringent regulatory approach that reflects both the country’s ambition to become a crypto hub and its commitment to curbing illegal activities. Over 3,500 illegal crypto exchanges blocked 36 […]
Read MoreUK High Court Seizes $4.3M Bitcoin from Fugitive Crime Boss ‘Don Car-Leone’
UK High Court Seizes $4.3 Million in Bitcoin from Fugitive ‘Don Car-Leone’ The UK High Court has ordered the seizure of $4.3 million in Bitcoin from Alexander Surin, a fugitive crime boss known as “Don Car-Leone,” after failing to prove his cryptocurrency was not linked to criminal activities. $4.3 million in Bitcoin seized Surin, aka […]
Read MoreBhutan’s Gelephu City Leads with BTC, ETH, BNB in Strategic Reserves
Bhutan’s Gelephu City: Pioneering Bitcoin in Strategic Reserves Gelephu Mindfulness City (GMC) in Bhutan is setting a global precedent by including Bitcoin (BTC), Ether (ETH), and BNB in its strategic reserves. This pioneering move aims to enhance economic resilience and aligns with GMC’s commitment to fostering blockchain technology and innovation. Serving over two billion people […]
Read MoreEden Gallery Battles NFT Holders’ Lawsuit Over Meta Eagle Club Value Crash
Eden Gallery Fights Back Against NFT Holders’ Lawsuit Over Meta Eagle Club Eden Gallery has moved to dismiss a lawsuit filed by over 40 NFT holders of the Meta Eagle Club, asserting that any losses were due to market forces rather than fraud. Eden Gallery denies responsibility for NFT losses Over 40 NFT holders sue […]
Read MoreLotte Group Integrates Arbitrum at CES 2025 to Boost Metaverse Gaming
South Korea’s Lotte Group to Leverage Arbitrum Blockchain for its Metaverse At CES 2025, Lotte Group announced the integration of Arbitrum into its AI-driven metaverse platform, Lotte Caliverse, aiming to boost performance in virtual worlds and gaming. This move introduces crypto payments and new interactive experiences to the platform. Lotte Group integrates Arbitrum at CES […]
Read MoreBitcoin Miner Transaction Volume Plummets: Navigating Challenges and Opportunities
Bitcoin’s Miner Transaction Volume Hits Historic Low: Navigating the New Normal Is Bitcoin’s mining industry on life support? Recent data suggests a historic low in miner transaction volume, which is the number of transactions processed by miners. This significant drop raises questions about the future of Bitcoin’s ecosystem. Here’s what you need to know: Bitcoin […]
Read MoreBiG Bank Halts Fiat to Crypto: Portugal’s Regulatory Shift and DeFi Push
Portugal’s BiG Bank Halts Fiat Payments to Crypto Platforms: Navigating Regulatory Shifts Banco de Investimento Global (BiG), managing assets close to €7 billion, has halted fiat payments to cryptocurrency platforms, signaling a shift in Portugal’s once crypto-friendly stance amidst evolving regulations. BiG suspends fiat payments to crypto platforms Delphi Labs’ José Maria Macedo criticizes the […]
Read MoreFidelity Predicts Nation-State Bitcoin Adoption and Tokenization Boom by 2025
Fidelity’s Vision: Tokenization, Nation-state Bitcoin, and More in 2025 Fidelity Digital Assets’ 2025 outlook report offers a bold vision for the future of cryptocurrency, predicting a surge in nation-state Bitcoin adoption, mainstream acceptance through structured digital asset products, and tokenization as a transformative trend. Nation-state Bitcoin adoption Mainstream acceptance via structured products Tokenization: The “killer […]
Read MoreSuperWine Launches in Budapest: Fine Wine Meets Blockchain with $ELXR Token Pre-Sale
Turning Bottles into Blockchain: SuperWine Revolutionizes Fine Wine Investment with Web3 In Budapest, SuperWine is merging the worlds of fine wine and cryptocurrency, offering a groundbreaking investment opportunity. By converting premium wines into digital certificates of ownership on the blockchain, SuperWine is redefining luxury goods investment. SuperWine launches in Budapest, revolutionizing wine investment. Premium wines […]
Read MoreFinnish Police Seize $2.6M in Luxury Watches from HEX Founder Amid Global Legal Woes
Finnish Police Seize $2.6M in Luxury Watches from HEX Founder Amid Tax Evasion Charges Finnish authorities have seized 20 luxury watches valued at $2.6 million from Richard Schueler, the founder of the cryptocurrency HEX, also known as Richard Heart, amid allegations of tax evasion and assault. Schueler remains elusive despite an Interpol Red Notice. Finnish […]
Read MoreRipple CEO’s Dinner with Trump Sparks 2025 Crypto Optimism
Ripple CEO Dines with Trump: A Promising 2025 for Crypto? Ripple CEO Brad Garlinghouse’s dinner with President-elect Donald Trump and Ripple’s Chief Legal Officer Stuart Alderoty has sparked optimism about a pro-crypto future in 2025. This meeting could signal a shift in Ripple’s fortunes after regulatory challenges under the Biden administration. Ripple CEO dines with […]
Read MoreCrypto.com Partners with Dubai Islamic Bank to Transform Islamic Finance via Tokenization
Crypto.com and Dubai Islamic Bank Join Forces to Revolutionize Islamic Finance in the UAE Crypto.com has signed a groundbreaking Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to integrate cryptocurrency services with Islamic finance. This isn’t just another partnership; it’s a game-changer for Islamic finance. Crypto.com and […]
Read MoreWeMade Sued for $11M in Unpaid WEMIX Token Bonuses: Court Demands Plan
WeMade Employees Sue Gaming Giant Over Unpaid Altcoin Bonuses 27 current and former employees of WeMade, a South Korean gaming company, have filed a lawsuit demanding around $11 million in damages for unpaid bonuses in the form of WEMIX tokens, a cryptocurrency developed by WeMade’s former blockchain arm, WeMade Tree. 27 employees sue WeMade over […]
Read MoreU.S. Court Grants Coinbase Rare Appeal in SEC Case: Howey Test in Focus
U.S. Court Grants Coinbase Rare Appeal in SEC Case Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare interlocutory appeal by Judge Katherine Polk Failla of the Southern District of New York. This significant move allows Coinbase to challenge the Securities and Exchange Commission’s (SEC) allegations that it operated as […]
Read MoreAndrew Tate Launches BRUV Party: Pro-Bitcoin but Riddled with Controversy
Andrew Tate’s BRUV Party: Bitcoin Ambitions Meet Controversial Policies From his house arrest in Romania, Andrew Tate has launched the “Britain Restoring Underlying Values (BRUV)” party in the UK, championing Bitcoin and blockchain technology. However, the party’s manifesto, filled with far-right policies and marred by execution flaws, has sparked significant controversy. BRUV party launched by […]
Read MoreArcana Network’s Chain Abstraction SDK: Revolutionizing Multi-Chain Asset Management
Arcana Network Launches Chain Abstraction SDK to Revolutionize Multi-Chain Experience Arcana Network’s Chain Abstraction SDK aims to revolutionize the multi-chain experience by simplifying asset management across different blockchains. Streamlines multi-chain asset management Supports unified balances and instant transactions Compatible with major EOA wallets Plans for Mainnet launch in Q1 2025 Ever struggled with managing multiple […]
Read MoreThumzup Media Corp Buys $1M Bitcoin, Plans to Pay Gig Workers in Crypto
Thumzup Media Corp Bolsters Balance Sheet with $1 Million Bitcoin Purchase Thumzup Media Corp has made a strategic move into the world of cryptocurrencies by purchasing $1 million in Bitcoin on January 6, 2025. The decision to hold up to 90% of its liquid assets in Bitcoin and pay gig-economy workers in the cryptocurrency signifies […]
Read MoreTravala’s Bitcoin Incentives Boost Crypto Travel, Surpass $100M Revenue
Travala’s Bitcoin Bonanza: Igniting Crypto Travel and Enhancing Blockchain Activity Travala, a trailblazer in crypto travel, is turbocharging its mission with a new Bitcoin incentive campaign designed to expand its crypto travel community and boost on-chain activity. This initiative, launched in January 2025, offers tantalizing rewards, including two grand prizes of $20,000 in Bitcoin for […]
Read MoreJohn Deaton to Lead Probe into Operation Choke Point 2.0: A Fight for Crypto Freedom
Pro-Crypto Lawyer John Deaton Volunteers to Lead Federal Probe into Operation Choke Point 2.0 Pro-crypto lawyer John Deaton has stepped forward to head a federal investigation into Operation Choke Point 2.0, a move aimed at exposing possible government overreach against the cryptocurrency industry under a potential Trump administration. The focus will be on multiagency coordination […]
Read MoreOCBC Launches Tokenized Bonds in Singapore: Revolutionizing Finance with Blockchain
OCBC Launches Tokenized Bonds: A New Era for Finance in Singapore OCBC, a leading bank in Singapore, has rolled out tokenized bonds aimed at corporate accredited investors, marking a significant step forward in the use of blockchain technology in finance. Tokenized bonds launched for corporate investors Enables fractional ownership at S$1,000 Singapore’s crypto licenses surge […]
Read MoreStablecoins Revolutionize Cross-Border Remittances, Outpacing Traditional Apps
Stablecoins Surge as the New Frontier for Cross-Border Remittances In 2024, the financial landscape saw a significant shift as traditional remittance apps experienced a decline in usage, while stablecoins reached unprecedented heights, revolutionizing the cross-border payment sector. This transition, driven by the efficiency and lower costs of stablecoins, marks a pivotal moment in the quest […]
Read MoreCFTC Chair Rostin Behnam Resigns, Advocates for Stronger Crypto Regulation
CFTC Chair Rostin Behnam Resigns, Calls for Stronger Crypto Regulation Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), announced his resignation effective January 20, 2024, marking the end of a tenure focused on enhancing regulatory oversight in the cryptocurrency sector. Rostin Behnam resigns as CFTC chair on January 20. CFTC secures […]
Read More