A solo Bitcoin miner with a small setup managed to mine a full block and earn nearly $350,000, beating long odds of around 1 in 2,800. The win highlights that even with modest equipment, small miners can occasionally succeed in a space dominated by large industrial operations.
WeatherlyA U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.
AnaisThe SEC has approved Grayscale’s plan to turn its Digital Large-Cap Fund into an ETF, giving investors easier access to a basket of major cryptocurrencies. This move could lead to more crypto ETFs being approved in the US, including ones for altcoins like Solana, XRP, and Cardano.
AnaisFigma has quietly invested over $69 million into a Bitcoin ETF and plans to buy more using $30 million in USDC. The move was revealed in its IPO filing, showing Bitcoin is now part of its company treasury alongside traditional assets.
JoyJapanese firm Metaplanet bought 1,005 Bitcoin for $108 million, becoming one of the top corporate Bitcoin holders. The company plans to grow its Bitcoin holdings significantly by 2027, using interest-free bonds to fund purchases.
WeatherlyA British national, Kai West, known online as IntelBroker, was caught and indicted for working with an online cybercrime group CyberN***gers to steal data and sell them online in exchange for cryptocurrency.
XingChiA British man, Kai West, was arrested in France for allegedly running a major cybercrime ring under the alias "IntelBroker" and leaking stolen data from over 40 organisations. US investigators linked him to the crimes through a small Bitcoin payment that traced back to his real identity.
WeatherlyPresident Trump just signed an executive order to provide yet another extension for the banning or sale of Tiktok, while critics are calling this move outright illegal.
XingChiGarden Finance was accused of helping move stolen crypto linked to North Korea’s Lazarus Group, after earning $300,000 in fees in 12 days. An investigator said most of the funds came from the Bybit hack, but the platform’s founder denies any wrongdoing.
AnaisPrenetics, a healthcare company backed by David Beckham, bought $20 million worth of Bitcoin and plans to hold most of its treasury in the cryptocurrency. It also aims to use Bitcoin for payments and investment returns, becoming the first public healthcare firm to take this approach.
WeatherlyExplore the recent developments in the Indian cryptocurrency market, including the removal of major crypto exchange apps from Apple's App Store and the evolving regulatory landscape.
MiyukiUnraveling the impact of Elon Musk's X on the SEC Twitter hack: A critical look at how a lack of two-factor authentication led to a surge in Bitcoin values.
WeatherlyDiscover Ripple Labs' major financial maneuver with a $285 million stock buyback, valuing the company at $11.3 billion. Understand the impact on investors, the market, and Ripple's future. Read our in-depth analysis of this significant event in the cryptocurrency industry and what it means for Ripple's growth and market position.
BrianExplore the unexpected implications of the SEC X account hack on the approval process of Bitcoin Spot ETFs. This article delves into the interplay between cybersecurity and financial regulation, analyzing how this incident might reshape the future of cryptocurrency investment.
WeiliangDive into the captivating journey of the Spot Bitcoin ETF's approval. Explore a decade of challenges, regulatory milestones, and pivotal moments that led to this historic achievement in the crypto world.
AnaisDiscover how UBS and Citi, along with other financial giants, are revolutionizing the investment landscape by offering Bitcoin ETFs, broadening the investor base and marking a significant shift in traditional banking's approach to digital currencies.
BrianThe government continues to uphold its policy of not recognising virtual assets as financial assets and prohibits financial institutions from investing in such virtual assets.
AlexExplore Circle Internet's landmark IPO and its impact on the crypto and financial worlds. Discover how this event symbolizes the fusion of digital currencies with traditional finance, paving the way for a new era in financial technology.
WeiliangThis is despite the fact that Gensler has been viewed as an adversary towards crypto in the past few years.
AlexExplore the latest developments in the complex legal and financial saga of Gemini Earn, Genesis, and DCG as of 2024, including restructuring plans, court rulings, and user reactions.
Miyuki