Category

NEWS

BlackRock and Fidelity Bitcoin ETFs Outperform Grayscale in Liquidity Metrics, JPMorgan Finds

According to a recent report by JPMorgan analysts, BlackRock and Fidelity’s spot bitcoin exchange-traded funds (ETFs) are gaining an edge over the Grayscale Bitcoin Trust (GBTC) in terms of liquidity...
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Crypto Wallets Tied to Defunct FTX Exchange and Alameda Research Transfer $38.8 Million to Exchanges in 2024

In a series of transactions scrutinized by blockchain analytics firm PeckShield and as reported, crypto wallets associated with the now-defunct FTX exchange and its sister company, Alameda Research, have made...
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Online Crypto Course Founder Charged with Fraud After False Claims of AI-Driven Hedge Fund

The Securities and Exchange Commission (SEC) has brought charges against Brian Sewell, the founder of the American Bitcoin Academy, and his firm Rockwell Capital Management, alleging fraud in connection with...
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Binance Freezes $4.2 Million in XRP Following $112 Million Ripple Wallet Hack

In a significant security incident that unfolded on January 31, 2024, Binance, one of the leading cryptocurrency exchanges, has taken swift action by freezing $4.2 million worth of XRP linked...
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European Union Contemplates Ban on Proof-of-Work Blockchain Networks, Citing Environmental Concerns

In a recent development, it has come to light that the European Union (EU) is considering the prohibition of Proof-of-Work (PoW) consensus networks, including the widely known Bitcoin. The revelation...
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HyperFund Founders Charged with $1.7 Billion Fraud in Global Investment Scheme

In a major development, the Securities and Exchange Commission (SEC) has officially charged the HyperFund scheme with fraud and unregistered securities offering, revealing that Xue Lee and Brenda Chunga, also...
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BlackRock’s iShares Bitcoin Trust Surpasses $2 Billion AUM Milestone in Record Time

According to reports, BlackRock’s Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has soared past the $2 billion mark in assets under management (AUM) just a fortnight after debuting...
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Finnish Authorities Unravel Cryptocurrency Trail in High-Profile Cybercrime Investigation

In a recent development, Finland’s National Bureau of Investigation has revealed its pursuit of Monero transactions in connection with the ongoing criminal trial of Julius Aleksanteri Kivimäki. Kivimäki faces charges...
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Former Binance CEO Changpeng Zhao’s Bid to Use $4.5 Billion Stake as Security for UAE Trip Denied by Federal Prosecutors

Binance’s Former CEO, Changpeng Zhao, sought approval to use his multibillion-dollar stake in Binance.US as collateral for temporary travel to the United Arab Emirates, as revealed in a recently unsealed...
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AltLayer’s $100 Million ALT Airdrop Sparks Surge in Token Value, Attracts Global Crypto Community

AltLayer, a prominent scaling protocol in the Ethereum ecosystem, initiated its much-anticipated ALT airdrop on Thursday, offering eligible community members tokens valued at over $100 million. Early AltLayer users and...
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