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March 1, 2024
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Crypto derivatives’ daily trading volumes reach record highs

In the past week, daily trading volumes for options and futures crypto derivatives have surged, reaching record highs on various exchanges.   On February 29, Deribit, […]
March 1, 2024
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Bitcoin sees 3% correction as GBTC investors dump nearly $600M

Bitcoin experienced a 3% decline from its 24-hour high on Feb. 29, coinciding with investors pulling $598.9 million from Grayscale’s spot Bitcoin exchange-traded fund (ETF) — […]
March 1, 2024

Bitcoin mining stocks dip more than 27% despite Bitcoin rally

Over the past three trading days, Bitcoin mining stocks have seen significant declines of up to 27%, despite Bitcoin’s recent rally that nearly reached $64,000.   […]
March 1, 2024
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Binance user gets drained on exchange, shares ‘strange’ experience

A crypto trader, known as “DoomXBT,” recounted a distressing encounter on the Binance exchange shortly before losing $70,000 in digital assets to a hacker.   On […]
March 1, 2024
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Binance drops naira from P2P platform, gov’t demands $10B compensation

Binance, a cryptocurrency trading platform, has removed the Nigerian currency, the naira, from its peer-to-peer (P2P) service amid the Nigerian government’s crackdown on the exchange. This […]
February 29, 2024
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US govt moves $922 million of seized Bitcoin after BTC price broke $60,000

The United States government has conducted transfers totaling $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016.   […]
February 29, 2024
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Spot Bitcoin ETFs record new ATH of $680M as BTC bull run gathers pace

Spot Bitcoin exchange-traded funds (ETFs) in the United States have achieved a new milestone, recording a cumulative daily inflow of $676.8 million, marking an all-time high […]
February 29, 2024
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Seneca stablecoin hacker returns stolen funds after $6.4M exploit

In a recent development, the stablecoin protocol Seneca fell victim to an exploit, resulting in the theft of approximately $6.4 million in digital assets. This incident, […]
February 29, 2024
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Nigerian central bank head criticizes Binance, execs reportedly arrested

The Central Bank of Nigeria (CBN) has raised concerns about “suspicious flows” of funds through Binance Nigeria in 2023, signaling heightened scrutiny of the cryptocurrency exchange […]
February 29, 2024
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Hong Kong allocates $383 million for Cyberport AI scheme

The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial […]
March 7, 2024
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Philippine gov’t blocks unlicensed crypto exchange sites, Binance unaffected

The Philippine National Telecommunications Commission (NTC) has initiated measures to block websites of crypto firms offering investment products in the country without proper licenses.   On […]
March 7, 2024
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NYCB stocks flip wildly as banks brace for end to fed bailouts

Investors in NYCB experienced significant turbulence on Wednesday as shares in the bank plummeted by 42% before rebounding sharply following the announcement of a $1-billion lifeline […]
March 7, 2024
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Is Tesla buying Bitcoin again? BTC wallet data sparks curiosity

Tesla’s Bitcoin (BTC) holdings have sparked renewed interest in the crypto community. Reports indicate that the company’s wallet now contains approximately 11,500 BTC, surpassing the previously […]
March 7, 2024
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Hut 8 stock crash attracts multiple lawsuits

Several law firms extend offers to represent Hut 8 investors who suffered losses on the Nasdaq amidst short-selling accusations.   On Jan. 19, Hut 8’s Bitcoin […]
March 7, 2024
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Generative AI teacher lands job in Indian high school

A high school in Kerala, India, has made waves by appointing an artificial intelligence (AI) teacher, leveraging generative AI to deliver personalized education to students.   […]
March 7, 2024
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FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M

Bankrupt crypto firms BlockFi and FTX have reached an “in principle” agreement to settle their disputes, with FTX agreeing to pay up to $874.5 million to […]
March 7, 2024
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Digital Currency Group files motion to dismiss $3B NYAG lawsuit

In October 2023, the New York Attorney General’s Office (NYAG) filed a $3 billion lawsuit against crypto firms Gemini, Genesis, and DCG, accusing them of defrauding […]
March 7, 2024
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Bitcoin miner revenue records second-best day in history

Bitcoin miner revenue experienced its second-highest recorded day on March 6, following Bitcoin‘s surge to a new all-time high above $69,200.   According to a post […]
March 7, 2024
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Binance.US says it’s ‘radioactive’ to banks, SEC dealt ‘near-mortal blow’

Binance.US suffered severe consequences following a June lawsuit from the U.S. Securities and Exchange Commission (SEC), leading to the termination of over 200 employees as revenues […]

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