Wed, December 24

Cryptocurrency Dominates in South Korea Market, Surpasses Stock Market

The market capitalization of cryptocurrency in South Korea has exceeded 100 trillion won or $74.8 billion. With these numbers, the daily transaction volumes of crypto have now surpassed the nation’s stock markets.  Due to this, everyone in the nation is concerned about excessive speculative trading, as a report suggests that

April 22, 2025 2 mins read

CFTC-KuCoin Settlement Faces Delays Amid Policy Shift and Legal Challenges

The planned settlement of the crypto exchange KuCoin with the US CFTC is expected to face delays due to a policy change at the CFTC. The policy change is now putting less emphasis on cases involving crypto firms under Trump’s administration.  John Murphy, a CFTC attorney, asked for extra time

April 22, 2025 2 mins read

Bithumb Accelerates IPO Plans with Strategic Business Restructuring

Bithumb, the South Korean crypto exchange, extends its market domination by executing a major corporate restructuring plan. The company will establish a distinct entity for its non-exchange operations by July 31, 2025, to make distinct business boundaries between exchange activities and other ventures. Bithumb continues To Focus on Nasdaq  The

April 22, 2025 2 mins read

WazirX Awaits Crucial Court Ruling on May 13 to Restart Operations

The recently hacked Indian crypto exchange, WazirX, has announced that it is on the way to restarting its operations, awaiting a court ruling on May 13 concerning its restructuring and user compensation plan.  In July last year, the exchange was hacked for around $234.9 million worth of crypto assets by

April 22, 2025 2 mins read

SEC Welcomes Paul S. Atkins as New Chair

Paul S. Atkins has been inaugurated as the new SEC chair chair. Most think his appointment might bring about improved and more transparent rules for digital assets in the U.S. Atkins was appointed by President Donald J. Trump on January 20, 2025, and was confirmed by the Senate on April

April 22, 2025 2 mins read

Michael Saylor’s Strategy Buys Another 6,556 BTC for $555 Million

Strategy is circling around mainstream media with its latest Bitcoin purchase. Its most recent press release revealed that the firm purchased 6,556 Bitcoins for $555.8 million. Popular on-chain analytics platform Lookonchain confirmed the purchase earlier today.  Strategy acquired funds for this purchase from its two ATM (at-the-market) stock offering programs.

April 21, 2025 2 mins read

Ethereum NFT Platform Zora Set to Launch ZORA Tokens on April 23

Even though Ethereum is gradually losing its spark, projects that operate on it are working tirelessly to improve their offerings. NFT platform Zora has announced that it is going to launch its native token this week on April 23. This is a remarkable step for the Ethereum-based platform to transition

April 21, 2025 2 mins read

Revolut User Loses $1,500 in USDC Due to Confusing Deposit Instruction

A user of Revolut, a British multinational neobank and fintech company, has claimed that he got confusing deposit instructions, and then he lost 1,500 USDC in a transfer. The claimant, Tzoni Raykov, a native of Bulgaria, first thought that he had followed the right steps while transferring USDC from an

April 21, 2025 2 mins read

Bybit Hack Update: Hackers Use Crypto Mixers to Launder Stolen Funds

The Bybit hack is the largest and most advanced hack in the history of crypto. The exchange didn’t affect its operations and covered the ETH deficit within a couple of days. However, the Bybit CEO and bounty hunter team are working relentlessly to trace and freeze stolen ETH.  Bybit CEO

April 21, 2025 2 mins read

US Dollar Index Falls to 3-Year Low Amid Trade Tensions, BTC Rebounds

As the world’s reserve currency, the US dollar (USD), falls under the strain of intensifying global trade tensions caused by President Trump, the US Dollar Index (DXY) has hit its lowest level in three years. Data from TradingView shows that the Dollar Index (DXY), which compares the US dollar to

April 21, 2025 2 mins read
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