Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed...
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Norway eyes crypto mining ban amid local firms' heavy investments in Bitcoin
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20....
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Crypto funding soars past $1.5 billion in June with Circle IPO boost
Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to...
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Bitwise CEO says Bitcoin's true rival is US Treasuries, not gold
Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20...
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Arizona revives bid for seized crypto reserve fund through House Bill 2324
Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. House Bill 2324...
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Iran-based Nobitex vows user protection despite $100 million attack by Israel-linked hacktivists
Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group. The breach, which occurred...
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Elon Musk's X accelerates fintech pivot with plans for in-app payments and trading
X (formerly known as Twitter) is ramping up efforts to integrate financial services directly into its ecosystem and moving beyond its roots in social networking,...
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Circle approaches $50B valuation amid evolving regulatory landscape in the US
Circle, the issuer of the USD Coin (USDC) stablecoin, is edging closer to a $50 billion valuation after a major rally in its stock price....
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South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal
South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June...
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Ethereum's strategic reserves hit nearly 1% of supply as top holders dominate
The amount of Ethereum (ETH) held in strategic reserves is nearing a critical benchmark, with nearly 1% of the crypto’s total circulating supply now held...
