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A collection of 132 posts

Federal Reserve Approves US Banks to Offer Bitcoin and Crypto Custody Services

Federal Reserve Approves US Banks to Offer Bitcoin and Crypto Custody Services

In a significant development for the cryptocurrency industry, the Federal Reserve, alongside the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), has authorized U.S. banks to provide custody services for Bitcoin and other digital assets. This decision, detailed in a joint statement,

Robinhood Expands Crypto Staking with Ethereum and Solana for U.S. Customers

Robinhood Expands Crypto Staking with Ethereum and Solana for U.S. Customers

Robinhood has introduced Ethereum (ETH) and Solana (SOL) staking services for U.S. customers, marking a significant step in its cryptocurrency expansion. Launched on July 10, 2025, the new feature allows users to earn rewards on their crypto holdings with a minimum investment of just $1. This move brings staking

Top Supported Bitcoin and Crypto Exchanges for U.S. Investors in 2025

Top Supported Bitcoin and Crypto Exchanges for U.S. Investors in 2025

The Bitcoin and cryptocurrency landscape continues to grow rapidly, making it essential for American investors to select exchanges that align with strict regulatory standards while enabling smooth USD transactions and strong security protocols. Platforms that cater specifically to US users stand out for their compliance with local laws, ease of

Supreme Court Rejects Coinbase's Request to Block IRS Access to Crypto Records

Supreme Court Rejects Coinbase's Request to Block IRS Access to Crypto Records

The United States Supreme Court has opted not to review a case involving a Coinbase user’s attempt to shield his cryptocurrency transaction records from an Internal Revenue Service (IRS) summons. This decision, announced in an order on Monday, upholds lower court rulings that permit the IRS to access specific

Crypto Exchange Gemini Expands into Tokenized Stocks with MSTR Launch for EU Traders

Crypto Exchange Gemini Expands into Tokenized Stocks with MSTR Launch for EU Traders

Crypto exchange Gemini is stepping into tokenized stocks, offering its European Union based traders a new way to invest in onchain equities. The firm announced on Friday that it will begin with tokenized shares of Strategy, formerly known as MicroStrategy (MSTR), with plans to introduce additional stocks and exchange-traded funds

Crypto Exchange OKX Considers U.S. IPO as Crypto Market Gains Momentum

Crypto Exchange OKX Considers U.S. IPO as Crypto Market Gains Momentum

The global cryptocurrency exchange OKX is exploring an initial public offering in the United States, signaling a big step toward mainstream financial integration. According to a recent report from The Information, the exchange, which ranks among the top three globally by trading volume, is considering a public listing as part

Iranian Crypto Exchange Nobitex Loses $81.7 Million in Geopolitically Charged Hack

Iranian Crypto Exchange Nobitex Loses $81.7 Million in Geopolitically Charged Hack

On June 18, 2025, Nobitex, Iran’s largest cryptocurrency exchange, suffered a devastating cyberattack that resulted in the theft of approximately $81.7 million in digital assets. The breach, one of the most significant crypto exchange hacks of the year, targeted hot wallets across multiple blockchains, including Bitcoin, Tron, Dogecoin,

Gemini Crypto Exchange Accuses CFTC of Abusive Practices in 7 Year Legal Battle

Gemini Crypto Exchange Accuses CFTC of Abusive Practices in 7 Year Legal Battle

Gemini, a prominent U.S. based cryptocurrency exchange, has lodged a formal complaint against the Commodity Futures Trading Commission (CFTC), alleging the agency engaged in a prolonged and unjust campaign against the firm. In a detailed letter to the CFTC Inspector General, Gemini’s legal team claims the agency’s

Crypto Exchange Coinbase Faces Backlash Over U.S. Army Parade Sponsorship

Crypto Exchange Coinbase Faces Backlash Over U.S. Army Parade Sponsorship

Coinbase, a leading US cryptocurrency exchange, has sparked significant controversy with its decision to sponsor the US Army’s 250th anniversary military parade, held in Washington, DC, on Saturday, June 14, 2025. The event, coinciding with President Donald Trump’s birthday, featured Coinbase’s branding prominently displayed on screens, banners,

Coinbase Launches Bitcoin Rewards Credit Card to Compete with Gemini

Coinbase Launches Bitcoin Rewards Credit Card to Compete with Gemini

Coinbase, a leading cryptocurrency exchange, announced the launch of a new American Express credit card offering Bitcoin cashback rewards at its 2025 State of Crypto Summit on Thursday. The Coinbase One Card, exclusively available to Coinbase One subscribers, aims to integrate cryptocurrency into everyday spending by providing up to 4%

Peter Thiel's Crypto Exchange Bullish Plans IPO Listing as Market Surges

Peter Thiel's Crypto Exchange Bullish Plans IPO Listing as Market Surges

The cryptocurrency exchange Bullish has taken a significant step toward going public in the United States, capitalizing on heightened investor enthusiasm for crypto assets under the Trump administration. According to sources at the Financial Times, the Peter Thiel backed company recently submitted a confidential filing with the Securities and Exchange

Spain’s New Tax Bill Targets Bitcoin and Crypto with Seizures and Strict Reporting

Spain’s New Tax Bill Targets Bitcoin and Crypto with Seizures and Strict Reporting

The Spanish government has taken a significant step toward tightening its grip on cryptocurrency and taxation, with the Council of Ministers approving a bill on Tuesday that mandates cryptocurrency exchange providers to report user transactions and balances to the Spain Tax Agency. This legislative move, driven by the European Union’

Gemini Crypto Exchange Announces Filing for Initial Public Offering

Gemini Crypto Exchange Announces Filing for Initial Public Offering

Gemini, a prominent Bitcoin and cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced on Friday that it has taken a significant step toward going public in the United States. The company disclosed that it confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC)

The State of California Wants to Steal Your Bitcoin Held on Exchanges, Here's How

The State of California Wants to Steal Your Bitcoin Held on Exchanges, Here's How

The California State Assembly has passed a bill that could allow the state to seize cryptocurrency from inactive exchange accounts, raising concerns among crypto holders about the security of their digital assets. Known as Assembly Bill 1052, or the "Digital Financial Assets Law," the legislation classifies cryptocurrencies held

Robinhood Acquires Bitstamp for $200 Million to Expand Global Crypto Reach

Robinhood Acquires Bitstamp for $200 Million to Expand Global Crypto Reach

Robinhood has finalized its acquisition of Bitstamp, the world’s longest-running crypto exchange, for $200 million, marking a significant step in its global expansion strategy. The deal, first revealed in June 2024, closed in the first half of 2025 after meeting regulatory approvals and customary conditions. By integrating Bitstamp’s

BitoPro Exchange Hacked for $11.5 Million in Ethereum, Solana, and Other Cryptos

BitoPro Exchange Hacked for $11.5 Million in Ethereum, Solana, and Other Cryptos

On May 8, 2025, Taiwan based cryptocurrency exchange BitoPro suffered a significant security breach, resulting in the loss of approximately $11.5 million, according to blockchain investigator ZachXBT. The incident, which involved unauthorized outflows from the exchange’s hot wallets across multiple networks, including Ethereum, Solana, Polygon, and Tron, has

FTX Begins $5 Billion Payout to Claim Holders in Bankruptcy Recovery

FTX Begins $5 Billion Payout to Claim Holders in Bankruptcy Recovery

FTX, a once prominent but now defunct crypto exchange, has launched a second distribution of over $5 billion to creditors, an important step in its bankruptcy proceedings. Announced on May 30, 2025, this distribution targets holders of allowed claims in the Convenience and Non-Convenience Classes who have met pre-distribution requirements,

Netflix Series The Altruists To Explore FTX and the Sam Bankman-Fried Saga

Netflix Series The Altruists To Explore FTX and the Sam Bankman-Fried Saga

Netflix has announced a new drama series, The Altruists, set to dive into the dramatic rise and fall of the crypto exchange FTX and its key figures, Sam Bankman-Fried and Caroline Ellison. The series will explore how two young minds attempted to reshape the financial system through cryptocurrency, only to

Coinbase Sued in Class Action Lawsuit Over Stock Price Decline Due to Data Breach

Coinbase Sued in Class Action Lawsuit Over Stock Price Decline Due to Data Breach

Coinbase, a leading cryptocurrency exchange, is facing a class action lawsuit filed by shareholders who claim the company’s failure to disclose critical issues, including a significant data breach and a regulatory violation, led to a sharp decline in its stock price. The lawsuit, filed on Thursday in the U.

Gemini Crypto Exchange Embraces Taproot Upgrade for Enhanced Bitcoin Transactions

Gemini, a leading Bitcoin and cryptocurrency exchange, has announced full compatibility with the Taproot upgrade, enabling withdrawals to Taproot addresses for both Gemini Exchange and Gemini Custody users. This significant update, marked by a creative collaboration with mining company Mara to inscribe a pizza JPEG on the blockchain for Bitcoin

CFTC Signals Potential Legal Path for Crypto Perpetual Futures in US

CFTC Signals Potential Legal Path for Crypto Perpetual Futures in US

A recent statement from Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger has sparked optimism in the cryptocurrency industry, hinting at a possible legal framework for trading perpetual futures contracts in the United States. This development could mark a turning point for a financial product that has thrived in offshore

Justice Department Opens Investigation into Coinbase Data Breach Involving Employee Bribery

Justice Department Opens Investigation into Coinbase Data Breach Involving Employee Bribery

The U.S. Justice Department has launched an investigation into a significant data breach at Coinbase, the largest cryptocurrency exchange in the United States, according to Bloomberg. The probe, which involves the department’s criminal division in Washington, is examining the circumstances of the breach, where hackers allegedly bribed employees

Crypto Exchanges Binance and Kraken Thwart Sophisticated Hacking Attempts

Crypto Exchanges Binance and Kraken Thwart Sophisticated Hacking Attempts

Crypto exchanges Binance and Kraken have successfully defended against sophisticated social engineering attacks similar to those recently disclosed by Coinbase, according to sources familiar with the incidents. These attacks, which targeted customer data, highlight the persistent cybersecurity challenges facing the crypto industry as cryptocurrency values surge. The attacks on Binance

Coinbase Exchange $20 Million Extortion Attempt Thwarted, Bounty Setup to Catch Attackers

Coinbase Exchange $20 Million Extortion Attempt Thwarted, Bounty Setup to Catch Attackers

Coinbase, a leading crypto exchange, has taken a firm stand against a sophisticated cybercriminal operation that targeted its customer support systems. The company disclosed that a group of rogue overseas support agents, swayed by social engineering and bribes, illicitly accessed personal data belonging to less than 1% of its monthly

Gemini Adds Solana Staking to Exchange Platform for Crypto Investors

Gemini Adds Solana Staking to Exchange Platform for Crypto Investors

Gemini, a well-known crypto exchange, has appeared to integrate Solana staking onto its platform, but has yet to make an official announcement about it yet. The post below that was shared to X shows a screenshot of Gemini’s exchange staking interface, highlighting a 4.37% annual percentage rate for