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Author: Tomiwabold Olajide

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Tether Transfers Significant Bitcoin Holdings to Reserve Account

Tether, the issuer of the world’s largest fiat-backed stablecoin USDT, has transferred 7,629 BTC—worth ...

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MicroStrategy Stock Slumps Amid Bitcoin Strategy Scrutiny

MicroStrategy‘s stock (MSTR) fell to $300 during after-hours trading on December 30, marking a ...

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Malaysian Regulator Targets Bybit for Operating Without License

The Securities Commission of Malaysia (SC) has ordered cryptocurrency exchange Bybit and its CEO ...

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Australia Sees Unprecedented Growth in Bitcoin ATMs

Australia’s Bitcoin ATM network has expanded for 29 consecutive months, reaching 1,359 machines and ...

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Ethiopia Taps Hydroelectric Power for Bitcoin Mining Revenue

Ethiopia is leveraging its hydroelectric power, particularly from the Grand Ethiopian Renaissance Dam (GERD), ...

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Montenegro Agrees to Extradite Do Kwon to US

Montenegro’s Minister of Justice, Bojan Božovi? has signed an order to extradite Terraform Labs ...

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Kyrgyzstan’s Crypto Mining Tax Revenue Plummets in 2024

Kyrgyzstan’s crypto mining tax revenue has dropped significantly in 2024, contributing only around $535,000 ...

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Russian Companies Turn to Bitcoin for International Payments, Sources Say

Russia’s Finance Minister, Anton Siluanov, confirmed that domestic companies increasingly use Bitcoin and other ...

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Japan’s Financial Regulator Tightens Crypto Exchange Oversight

Japan’s Financial Services Agency (FSA) has released its 2024 monitoring report, emphasizing the need ...

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North Korean Cyber Group Linked to $308 Million Bitcoin Heist

Japanese and U.S. authorities have linked North Korean cyber actors, the TraderTraitor group, to ...

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PancakeSwap Sees Massive 179% YoY Increase in Trading Volume

PancakeSwap, a leading decentralized exchange (DEX), closed 2024 on a high note with impressive ...

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Upbit to Delist Bitcoin Gold in January 2025

South Korea’s largest cryptocurrency exchange, Upbit, has announced plans to discontinue trading support for ...

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MicroStrategy Invests Additional $561 Million in Bitcoin

MicroStrategy has extended its Bitcoin buying spree for the seventh straight week, further cementing ...

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Interpol, Europol Issue Warrant for Hex Founder Richard Heart

Interpol has issued a “Red Notice” for Richard Heart, founder of Hex and PulseChain, ...

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Crypto Custody Firm Copper Abandons UK License Amid FCA Scrutiny

Copper Technologies, a cryptocurrency custody firm backed by Barclays, has withdrawn its application for ...

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Russia Bans Domestic Crypto, Backs International Use

Elvira Nabiullina, Governor of the Central Bank of Russia, has reiterated the bank’s opposition ...

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El Salvador to Phase Out Chivo Bitcoin Wallet as Part of $1.4B IMF Deal

El Salvador will shut down or sell its state-backed Bitcoin wallet, Chivo, as part ...

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Self-Proclaimed Bitcoin Creator Craig Wright Sentenced to 1 Year in Prison

Craig Wright, the Australian computer scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto, ...

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Deutsche Bank Plans to Develop Layer 2 Solution on Ethereum

Deutsche Bank is building a Layer 2 blockchain called “Project Dama 2” to help ...

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US Cracks Down on North Korea’s Crypto Crime Syndicate

The U.S. Treasury Department has sanctioned two Chinese nationals, Lu Huaying and Zhang Jian, ...

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Ripple’s RLUSD Stablecoin Launches on Major Crypto Exchanges

Ripple has launched its U.S. dollar-pegged stablecoin, Ripple USD (RLUSD), on major cryptocurrency exchanges, ...

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