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February 19, 2024

Virginia proposes $39K yearly fund for crypto and AI commissions

The Subcommittee on General Government of the Senate Finance and Appropriations Committee in Virginia has recommended an annual fund allocation of $39,240 for two newly established […]
February 19, 2024
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Verkle trees promise superior Ethereum solo staking benefits, says Vitalik Buterin

Vitalik Buterin, Ethereum’s co-founder, emphasizes the advantages of implementing Verkle trees in Ethereum’s protocol. He highlights their potential to enable “stateless validator clients,” allowing staking nodes […]
February 19, 2024
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South Korean ruling party pledges 2-year delay for crypto tax as elections loom

Amid South Korea’s upcoming general election in April, the ruling People Power Party is advocating for a two-year postponement of crypto gains taxes, aligning with its […]
February 19, 2024
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Japan opens up Web3 investments for local VCs

Japan aims to boost strategic domestic investments into Web3 startups by permitting limited partnership (LP) firms to acquire and retain crypto assets.   The Ministry of […]
February 19, 2024
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Grayscale’s GBTC outflows reach $7B, but data shows it’s slowing

Grayscale, the crypto asset manager, has experienced a slowdown in outflows from its spot Bitcoin ETF, GBTC. However, analysts suggest that there may still be further […]
February 19, 2024
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FixedFloat confirms $26M exploit in Bitcoin, Ether

FixedFloat, a decentralized exchange, has reportedly fallen victim to a significant exploit resulting in the loss of at least $26 million worth of Bitcoin and Ether. […]
February 19, 2024
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Coinbase drops native Bitcoin payments from merchants’ platform

Coinbase Commerce, the payment platform for merchants, has announced the removal of support for native Bitcoin and other UTXO coins, as confirmed by Lauren Dowling, the […]
February 19, 2024
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Apple yet to remove fake Rabby Wallet app as users report being drained

The team behind DeBank’s Rabby Wallet has confirmed reports of a fake version of the Rabby Wallet app causing havoc among users of the Apple App […]
February 17, 2024
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Tech giants pledge to curb AI election interference

Twenty leading technology companies announced their commitment on Friday, Feb. 16, to prevent their artificial intelligence (AI) software from influencing elections, including those in the United […]
February 17, 2024
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OpenAI’s valuation reportedly soars to $80 billion in latest deal

OpenAI, a San Francisco-based artificial intelligence (AI) company, has reportedly signed a deal that has skyrocketed its valuation to $80 billion or more, marking a nearly […]
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 […]

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