Legal Three Arrows Capital Secures Court Approval to Boost FTX Claim to $1.53 Billion In a significant development in the crypto industry, a United States bankruptcy court has granted Three Arrows Capital (3AC), a now-defunct crypto hedge fund previously run by Kyle Davies and Su Zhu, permission to expand its financial claim against the collapsed exchange FTX to $1.53 billion; FTX was previously
Zano Zano Joins Bitcoin.com Wallet, Advancing Privacy in Crypto Zano, a layer-1 blockchain dedicated to confidential assets and private decentralized applications, has found a new home within an established Bitcoin and cryptocurrency ecosystem. This integration with Bitcoin.com introduces a privacy-centric tool that empowers users to manage their financial data with enhanced control. It also advances the accessibility of
Bitcoin How Russia Is Using Bitcoin, Ethereum, and Stablecoins to Power Its Oil Trade with China and India Russia has quietly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to facilitate its massive oil trade with China and India, a move aimed at navigating around Western sanctions, according to Reuters. This development marks a shift in how the country handles its $192 billion oil market, as reported by
Solana Solana Community Rejects Proposal to Cut $3.5 Billion Token Expense in Historic Vote On Thursday, Solana stakeholders voted down a proposal that would have reduced the annual allocation of $3.5 billion in tokens awarded to stakers, marking a significant moment for the blockchain’s decentralized governance. Known as SIMD-0228, the proposal aimed to adjust the token rewards system by lowering emissions based
El Salvador Tracking the Source of El Salvador’s Bitcoin Reserve to Bitfinex In a surprising twist, a recent blockchain analysis has tracked the origins of El Salvador’s Bitcoin reserve back to a single entity: Bitfinex, a crypto exchange led by Paolo Ardoino and Giancarlo Devasini. According to the findings published by ElSalvador.com, all 6,111 of the 6,114 Bitcoins
Bitcoin U.S. Treasury Taps Crypto Leaders for Bitcoin Reserve Custody Plan The U.S. Treasury Department recently took a significant step toward shaping the future of the nation’s Bitcoin reserve by consulting with leaders from three prominent cryptocurrency custody firms. Sources familiar with the discussions revealed that these meetings, held earlier this week, aimed to address the complex challenge of
Bitcoin Latest Silk Road Seizure Nets $62.5 Million in Bitcoin for US Government In a significant move underscoring the long reach of law enforcement, U.S. authorities have confiscated approximately 749 Bitcoin, valued at $62.5 million, linked to drug trafficking and money laundering activities from the infamous Silk Road marketplace. The seizure, reported by Forbes, was authorized by the U.S. Attorney
Bitcoin Bitcoin Price Struggles Near $80,000 as Global Trade Tensions Escalate Bitcoin has faced a challenging day, hovering around the $80,000 mark as international trade disputes cast a shadow over the crypto market. The digital asset, currently priced at $80,183.45, has experienced a modest decline of over the past 24 hours and a more noticeable drop of 8.
Wallet Telegram Crypto Wallet Unveils Trading and Yield Features for Users Telegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has rolled out new features that expand its capabilities beyond simple messaging integration. The latest updates bring multi-asset trading and yield options to users of the wallet, which operates on the TON blockchain. Originally launched in 2023, the
Binance Trump Family in Talks to Acquire Stake in Binance After Crypto Exchange’s Legal Settlement The Trump family has engaged in discussions to acquire a financial stake in the U.S. division of Binance, a prominent crypto exchange, according to the Wall Street Journal. This potential partnership comes after Binance admitted guilt in 2023 for breaching anti-money-laundering regulations. Simultaneously, Changpeng Zhao, Binance’s billionaire founder
Libra Argentine Lawyers Seek Interpol Arrest of Hayden Davis in LIBRA memecoin crackdown Hayden Mark Davis, the American entrepreneur behind the controversial Libra memecoin, is now the prime target of Argentine authorities as they unravel a multimillion-dollar fraud investigation. On March 12, 2025, Gregorio Dalbón, a prominent Argentine lawyer, submitted a formal request to prosecutor Eduardo Taiano in Buenos Aires, calling for an
Regulations Congress Overturns IRS Crypto Rules, Boosting Digital Asset Innovation In a significant victory for the cryptocurrency industry, Congress has taken decisive action to dismantle controversial IRS regulations that many feared were choking the growth of digital assets in the United States. On March 11, 2025, the U.S. House of Representatives passed H.J. Res. 25, a resolution aimed
Artificial Intelligence Venice AI Burns $100 Million in Unclaimed VVV Tokens After Airdrop Ends The Venice community airdrop has officially wrapped up. On Wednesday, roughly $100 million worth of unclaimed VVV tokens were permanently burned, removing them from circulation forever. This move underscores Venice’s commitment to its vision as a private, censorship-resistant artificial intelligence platform. Built on the Ethereum Layer 2 Base network,
Crypto Bolivia Embraces Crypto to Address Import Issues Amid Dollar and Fuel Shortages In a bold move to address mounting economic pressures, Bolivia’s state owned energy company, YPFB, has turned to cryptocurrency to facilitate payments for energy imports. This decision comes as the landlocked South American nation grapples with a severe shortage of U.S. dollars and fuel, a crisis that has
Libra LIBRA Co-Creator Hayden Davis Accused of Cashing Out Millions in Alleged Stolen Funds In an interesting discovery, Hayden Davis, the co-creator of the controversial LIBRA memecoin, has reportedly cashed out over $1.6 million in what some are calling illicit gains. Crypto and blockchain analyst known as “Dethective” has brought these claims to light, alleging that Davis exploited funds tied to LIBRA and
Binance Binance Lands Record $2 Billion Investment from Abu Dhabi’s MGX in Historic Crypto Deal Binance, the world’s leading cryptocurrency exchange, has secured a groundbreaking $2 billion investment from MGX, an Abu Dhabi-based firm focused on artificial intelligence and technology ventures. This deal stands out as the largest institutional investment ever made in a cryptocurrency company and the biggest transaction of its kind paid
Bitcoin Rumble Buys $17.1 Million in Bitcoin to Strengthen Treasury Strategy Video-sharing platform Rumble has taken a significant step in its financial strategy by acquiring 188 Bitcoin, a purchase valued at approximately $17.1 million. This move, announced by the company listed on NASDAQ under the ticker RUM, aligns with its ongoing commitment to integrating Bitcoin into its corporate treasury. The
Crypto Bank of Russia Unveils Three-Year Plan for Limited Crypto Trading Experiment The Bank of Russia has announced a significant move to integrate cryptocurrency trading into the country’s financial landscape, unveiling a three-year experimental legal framework designed to test the waters of this volatile market. This initiative, set to launch under strict oversight, will restrict participation to high-net-worth individuals and select
Malware How Cybercriminals Are Blackmailing YouTube Influencers to Spread Crypto Mining Malware In a troubling new trend, cybercriminals are targeting YouTube creators, coercing them into embedding malicious crypto mining malware in their videos. According to a recent investigation by cybersecurity firm Kaspersky, hackers are exploiting the growing popularity of Windows Packet Divert drivers in Russia. These drivers, designed to help internet users
Exchange EU Regulators Investigate OKX Exchange After Bybit Hack Raises Money Laundering Concerns European Union (EU) regulators are intensifying their focus on OKX, a major cryptocurrency exchange, following revelations that hackers exploited its Web3 platform to launder roughly $100 million in stolen digital assets. The funds were pilfered during a staggering $1.5 billion heist targeting Bybit, a rival trading platform, in what
Bitcoin Cantor Fitzgerald Unveils $2 Billion Bitcoin Financing Venture to Empower Crypto Investors In a bold step toward integrating cryptocurrency with traditional financial systems, Cantor Fitzgerald, a prominent global financial services firm, has announced the launch of a Bitcoin financing business. Based in New York, the Wall Street powerhouse is rolling out this initiative with an initial $2 billion in financing, signaling its
Artificial Intelligence No, Grok AI Did Not Launch Its Own Cryptocurrency, Here’s What Really Happened Rumors are swirling suggesting that Grok, the artificial intelligence agent developed by xAI, launched its own cryptocurrency, sparking excitement and speculation across the crypto community about an AI making its own crypto. However, the reality is less exciting, as Grok did not create or launch a cryptocurrency of its own.
Solana Solana Stakeholders Vote to Cut New Token Creation by 66% to Reduce Inflation Growth The Solana network is on the cusp of a significant shift as its stakeholders vote on a proposal to drastically cut the creation of new SOL tokens. Known as Solana Improvement Document 228 or SIMD-0228, this measure aims to reduce the staking rewards tied to the total amount of staked
Bitcoin Senator Lummis Reintroduces BITCOIN Act Proposing Major Bitcoin Purchase for Strategic Reserve Earlier today, Senator Cynthia Lummis says she reintroduced the BITCOIN Act during a conference hosted by the Bitcoin Policy Institute. The event, attended by notable figures like Michael Saylor and Vivek Ramaswamy, provided a platform for Lummis to outline her vision for a U.S. strategic Bitcoin reserve. This move
Bitcoin El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement El Salvador has taken another significant step in its mission to shape the global crypto landscape by signing a regulatory agreement with Paraguay. This move, formalized last Friday, marks the second such partnership El Salvador has secured in the past three months, following a similar deal with Argentina in December.