The vast majority of cryptocurrency owners in the United States made the first-ever crypto investments just within last year, according to a new survey. About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in Read More
Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal. The company officially announced Wednesday the acquisition of a controlling stake in CriptoLoja, a Read More
The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry. Profits from crypto trading in Thailand are now subject to a 15% capital gains tax, The Bangkok Post news Read More
Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests. Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst of a nation-scale internet blackout after a Read More
Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran Read More
The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin. The Foundation on Thursday released its Dogecoin Trailmap or a “dog-walk” that the Dogecoin Foundation is Read More
The world’s largest cryptocurrency trading platform, Binance, is among the first crypto exchanges to join a new crypto hub established by the Dubai World Trade Centre Authority (DWTCA). Binance officially announced it had signed a memorandum of understanding with the Read More
The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation. The Dubai World Trade Centre (DWTC), a government-owned Read More
The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits. Grim Finance officially announced on Dec. 18 that an “external attacker” had exploited the DeFi platform, stealing “over $30 million” Read More
After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s. On Dec. 15, Christie’s completed an auction of two Wikipedia-related objects directly from Wikipedia Read More
The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection. The Bank of Thailand (BoT) will release a consultation paper in January that will define “red Read More
Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion. Anchorage Digital announced on Wednesday that it had raised $350 million in a Series D funding round led by equity investment Read More
Tesla CEO Elon Musk believes that Bitcoin (BTC) is not that good for everyday payments as the meme-based cryptocurrency, Dogecoin (DOGE). Musk compared the world’s largest cryptocurrency, Bitcoin, to DOGE in a Time Magazine interview shortly after being named Time’s Read More
The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC). On Dec. 13, the Bank of Russia published an official statement on regulating investment opportunities by Read More
Binance Asia Services, the Singapore arm of major cryptocurrency exchange Binance, has acquired a stake in a local private securities exchange, Hg Exchange (HGX). On Dec. 7, the company officially announced an acquisition of a post-money 18% stake in HGX, a stock Read More
Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO. As reported by Cointelegraph on Dec. 2, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million Read More
United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP). On Dec. 2, WisdomTree listed its Crypto Mega Cap Equal Weight ETP on Euronext exchanges Read More
Konzum, the largest supermarket chain in Croatia, is keeping up with the times by debuting payments in cryptocurrencies like Bitcoin (BTC). The company officially announced on Dec. 1 that it now accepts nine cryptocurrencies for payment in its online store, allowing Read More
The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform. The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Read More
Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe. On Nov. 29, German stock market operator Deutsche Boerse officially Read More
