The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
May 5, 2025 2 mins read
The Solana Foundation has recently encountered a bug that allowed hackers to mint some tokens and even take those tokens from users’ accounts. However, the bug has been reportedly fixed now. The Foundation’s analysis reveals that the vulnerability was first found on April 16, and it could have permitted a
May 5, 2025 2 mins read
The Governor of Arizona, Katie Hobbs, has rejected the bill, citing that allow the state to hold BTC as part of its official reserves, eventually killing the hope of making Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill was the door to
May 3, 2025 2 mins read
The United States district judge has recently passed its judgment that Apple has breached a ruling in its antitrust legal fight against Epic Games. As a result, crypto app developers can now direct users to payment outside of Apple’s ecosystem without any limitations or heavy fees. On April 30, US
May 3, 2025 2 mins read
Pi Network has dropped a new update that unlocks Mainnet wallets for a wider user base. Now, any user can activate their Mainnet wallet, regardless of their Pi’s KYC stage. The users do not need to wait for full migration. This is said to be a significant step in the
May 3, 2025 2 mins read
The chief executive officer of World, Alex Blania, and its co-founder, Sam Altman, recently publicized the launch of the company in the United States. The company has come up with a revolutionary tech project, the Orb, that scans your eyeball in exchange for cryptocurrency and a World ID. World ID
May 3, 2025 2 mins read
The policymakers of Texas are planning to bring digital currency to the citizens of America by positioning crypto ATMs in federal buildings. A Republican representative of Texas, Lance Gooden, wrote a letter to Stephen Ehikian, acting administrator of the General Services Administration, on May 1, and requested the urgency to
May 2, 2025 2 mins read
Riot Platforms, the biggest Bitcoin mining platform in North America, has witnessed the highest-ever quarterly revenue. Despite this milestone, the firm reported losses as mining costs almost doubled year-over-year. The Chief Executive Officer of Riot Platforms, Jasos Les, revealed its Q1, 2025 earnings report on May 1 and mentioned that
May 2, 2025 1 min read
The US Treasury Department wants to ban the Cambodia-based Huione Group from having access to the American banking system. The Department also claimed that the Group helped a hacker group from North Korea in laundering cryptocurrency. On May 1, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) made a proposal
May 2, 2025 2 mins read
A North Korean hacker applied for an engineering role at the crypto exchange Kraken. On May 1, Kraken posted, mentioning that it had identified a North Korean hacker applying for a job role in the company. However, the exchange did not contact the authorities or send the candidate away, instead,
May 2, 2025 2 mins read