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State Street and Citi Bank Launch Their Own Crypto Custody Services

State Street and Citi Bank Launch Their Own Crypto Custody Services

In a significant move that shows the growing acceptance of digital assets within traditional financial sectors, State Street and Citi Bank are set to introduce their own cryptocurrency custody services. This development comes as no surprise given the banks' vast asset management portfolios, with State Street overseeing more than

Trump Media Says Its Board Has Authorized Buying Crypto Assets

Trump Media Says Its Board Has Authorized Buying Crypto Assets

BREAKING: Trump Media and Technology Group board has authorized the purchase of crypto assets according to a newly released SEC filing. This decision marks a significant pivot for the company, which is predominantly known for its social media platform, Truth Social. The foray into the crypto space by Trump Media

Pump.fun Launches Mobile App for Solana Memecoin Trading

Pump.fun Launches Mobile App for Solana Memecoin Trading

The crypto memecoin platform Pump.fun has just unveiled its new mobile app aimed at revolutionizing the way users trade memecoins on the Solana blockchain. This launch represents a step forward in providing a seamless trading experience for digital assets that thrive on meme culture and community engagement, while being

The State of Michigan Proposes Legislation for Strategic Crypto Reserve Bill

Strategic Bitcoin Reserve

The State of Michigan Proposes Legislation for Strategic Crypto Reserve Bill

Michigan has joined the ranks of US states considering the strategic investment in cryptocurrencies, marking a significant step towards integrating digital assets into state financial strategies. This legislative proposal, introduced by Representatives Bryan Posthumus and Ron Robinson, seeks to amend the Management and Budget Act to establish a strategic cryptocurrency

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

Mining for digital gold in the United States has hit a snag, with Bitcoin miners now facing extended delays in receiving mining machines from Bitmain, China's leading supplier of Bitcoin mining rigs. This disruption is primarily due to the escalating tariff war between the U.S. and China,

Sui Blockchain Ecosystem Surges with DeFi and Gaming Expansion

Sui Blockchain Ecosystem Surges with DeFi and Gaming Expansion

The Sui blockchain has experienced a remarkable market rebound, climbing over 10% in the last day alone, fueled by its expanding footprint in the decentralized finance (DeFi) and gaming space. This resurgence underscores a broader interest in what Sui offers, blending the cutting-edge possibilities of web3 tech with the familiar

North Korean Hacker Group Lazarus Targets Crypto Through Github and NPM Exploits

North Korean Hacker Group Lazarus Targets Crypto Through Github and NPM Exploits

In the shadowy realm of cyber warfare, the Lazarus Group, a state-aligned cyber collective from North Korea, has once again demonstrated its prowess by compromising open-source platforms like Github and NPM. Securityscorecard's STRIKE Team recently unveiled an intricate operation dubbed "Operation Marstech Mayhem," where malicious code

GameStop Considers Investing in Bitcoin and Other Cryptocurrencies

GameStop Considers Investing in Bitcoin and Other Cryptocurrencies

BREAKING: In a surprising move that has captured the attention of investors, GameStop, the well-known video game retailer, is reportedly considering an investment in Bitcoin and other cryptocurrencies. According to sources cited by CNBC, the company is in the preliminary stages of exploring how this investment could align with its

Swiss Firm Taurus Launches Solana Custody and Tokenization Platform for Banks

Swiss Firm Taurus Launches Solana Custody and Tokenization Platform for Banks

In a significant move towards bridging traditional finance with decentralized finance, Taurus, a digital asset infrastructure firm, has launched a Solana based custody and tokenization platform tailored for banks. This new platform, known as Taurus-Capital, not only promises to revolutionize how financial institutions handle digital assets but also underscores the

Illegal Bitcoin Mining Operation Discovered by Explosion in Malaysia

Illegal Bitcoin Mining Operation Discovered by Explosion in Malaysia

An ordinary Tuesday in a town near Kuala Lampur, Malaysia, was disrupted by an unexpected explosion, unveiling a covert Bitcoin mining operation hidden within an empty house. The incident occurred along Lorong Cekara Purnama, located in Bandar Puncak Alam, transforming a quiet neighborhood into the scene of a disaster. The

New York Proposes Crypto Task Force for In-Depth Market Analysis

New York Proposes Crypto Task Force for In-Depth Market Analysis

In a move that could significantly shape the future of crypto regulation in New York, State Senator James Sanders Jr. has introduced a bill aimed at forming a specialized crypto task force. This group would delve into the intricacies of the crypto landscape within the state, assessing its economic, environmental,

Six Men Charged in Daring $15 Million Cryptocurrency Kidnapping in Chicago

Six Men Charged in Daring $15 Million Cryptocurrency Kidnapping in Chicago

Imagine waking up to the news that a family in your neighborhood was kidnapped, not for cash, but for cryptocurrency. This nightmare became reality in Chicago in late 2024, when six men allegedly pulled off a chilling crime, extorting a family for a staggering $15 million in crypto. The incident

Coinbase Derivatives Adds Solana Futures to Expand Crypto Trading Options

Coinbase Derivatives Adds Solana Futures to Expand Crypto Trading Options

Coinbase Derivatives has announced the upcoming launch of futures contracts for Solana (SOL). Scheduled to commence on or after February 18, this strategic move by Coinbase marks another milestone in the evolving US crypto exchange landscape. Under the new Donald Trump administration, who returned to office earlier this year with

Trump Secures American Teacher’s Release in Exchange for Russian BTC-e Crypto Operator

Trump Secures American Teacher’s Release in Exchange for Russian BTC-e Crypto Operator

In a surprising twist of international diplomacy, President Donald Trump has orchestrated a prisoner exchange with Russia, securing the release of American teacher Marc Fogel in exchange for Alexander Vinnik, the former operator of the BTC-e cryptocurrency exchange. Vinnik's journey through the legal systems of multiple countries has

Roger Ver Discusses Extradition Battle and Seeks Donald Trump's Help in CoinDesk Interview

Roger Ver Discusses Extradition Battle and Seeks Donald Trump's Help in CoinDesk Interview

Roger Ver, early Bitcoin pioneer, also known in crypto as "Bitcoin Jesus," gave an update in an interview with CoinDesk today. Currently residing in Spain, Ver faces extradition to the United States on alleged charges of tax evasion. His plea comes in the wake of his final appeal

Bitcoin and Crypto Prices Drop Amidst US Tariffs and Fed Policy

Bitcoin and Crypto Prices Drop Amidst US Tariffs and Fed Policy

The price of Bitcoin has been on a rollercoaster, with a significant dip to ~$94,000 early this morning before a slight recovery. The global crypto market cap has taken a hit, dropping by 3.5% to $3.28 trillion within the last 24 hours. This volatility isn't

Binance Memecoin Platform Hack Results in $183K Losses

Binance Memecoin Platform Hack Results in $183K Losses

Binance's Four Meme platform, designed to cater to the skyrocketing memecoin market, recently fell victim to a cyberattack that led to losses estimated at around $183,000 in Binance Coin (BNB). The platform issued an urgent "Emergency Announcement" to its users, detailing the immediate actions taken

Donald Trump’s World Liberty Financial Unveils Macro Strategy, Crypto Token Reserve Fund

World Liberty Fi

Donald Trump’s World Liberty Financial Unveils Macro Strategy, Crypto Token Reserve Fund

Donald Trump and Trump family’s World Liberty Financial (WLFI) has introduced “Macro Strategy”, an initiative designed to bolster the stability and growth of the crypto market. Clearly the name is an ode to Michael Saylor’s MicroStrategy. This strategic shift marks a pivotal moment in WLFI's journey,

Swan Bitcoin Battles Over Customer Funds Stuck in Prime Trust Bankruptcy Saga

Swan Bitcoin Battles Over Customer Funds Stuck in Prime Trust Bankruptcy Saga

In a dramatic turn of events, Bitcoin focused exchange “Swan Bitcoin”, has found itself entangled in the legal web spun by the bankruptcy of digital asset custodian Prime Trust. This development comes as a shock to many, especially since Swan had previously denied any impact from Prime Trust's

Hester Peirce Says Many Memecoins Don't Belong Under the Purview of the SEC

Hester Peirce Says Many Memecoins Don't Belong Under the Purview of the SEC

In an appearance on Bloomberg today, SEC Commissioner Hester Peirce, often referred to as "Crypto Mom" for her advocacy within the industry, shed light on the complex relationship between memecoins and existing regulatory frameworks. As the head of the SEC's Crypto Task Force, Peirce's

Proton Mail Launches Open-Source Bitcoin Wallet For 100 Million Users

Proton Mail Launches Open-Source Bitcoin Wallet For 100 Million Users

Proton Mail, the well known secure email service provider, has taken a significant step into the world of crypto by releasing an open-source Bitcoin wallet. This move is aimed at providing their extensive user base, numbering over 100 million, with a safer way to manage their Bitcoin. Proton Mail'

Britain's Public News Set to Release Satoshi Nakamoto Documentary on Bitcoin's Origins

Satoshi Nakamoto

Britain's Public News Set to Release Satoshi Nakamoto Documentary on Bitcoin's Origins

Britain's Channel 4, a public-service broadcaster known for its innovative programming, has commissioned a digital documentary series from Keo Films titled "Seeking Satoshi: The Mystery Bitcoin Creator," where journalist and podcaster Gabriel Gatehouse takes on the intriguing task of unearthing the identity of Satoshi Nakamoto, the

Fed Chair Jerome Powell Declares No Central Bank Digital Currency (CBDC) for the US

Fed Chair Jerome Powell Declares No Central Bank Digital Currency (CBDC) for the US

In a statement, Jerome Powell, the Chair of the Federal Reserve, has made it clear that the United States will not be venturing into the realm of central bank digital currencies (CBDCs). This announcement comes at a time when the world is witnessing a significant shift towards digital currencies, with

FTX Will Begin $16 Billion Repayments to Creditors Next Week

FTX Will Begin $16 Billion Repayments to Creditors Next Week

FTX is set to kick off the process of repaying creditors who were left in the lurch following the dramatic collapse of the once-thriving crypto exchange back in November 2022. The first phase of these repayments, focusing on what's termed as the "convenience class" creditors, those