A federal judge in Canada has ruled that the decision by the government to freeze the funds of protesters by invoking the Emergencies Act is unreasonable, unjustified, and unconstitutional, as the decision did not underg
A January 22, 2024, press statement from the Texas State Securities Board announces an in-principle settlement deal between Abra and the securities regulator that will allow all customers in Texas to withdraw their asset
Nearly four weeks after the Indian Financial Intelligence Unit (FIU) flagged several crypto exchanges for operating illegally in the country, Google has removed all affected apps from its app store, the Google Play Store
Donald Trump, a former US President and Republican Party Presidential hopeful, has reiterated his anti-CBDC stance, vowing never to allow it if voted in for a second time as President of the United States. The 45th US Pr
In a press release by the United States Federal Deposit Insurance Commission (FDIC) on January 19, the deposit insurance agency announced it recently sent Atmos Financial and five other firms cease and desist letters for
Popular Ethereum-based crypto wallet MetaMask will now run Ethereum validator nodes for users willing to stake 32 ETH in a new feature revealed on January 18. In this new arrangement, MetaMask, through MetaMask Portfolio
Stablecoins on the Solana blockchain have already surpassed $300 billion in transaction volume for January, surpassing the total monthly transfer volume for the previous month, with several days to go. While the blockcha
A new report from the crypto-focused VC firm Electric Capital on January 17 analyzing crypto developer trends estimates the total number of monthly active cryptocurrency developers has dropped by 24% over the past year,
The “State of the USDC Economy” report published by Circle, the stablecoin issuer on January 15, pegged the number of USDC wallets with a balance of at least $10 at over 2.7 million, representing an over 59% growth year-
Prominent American investment bank and finance multinational Morgan Stanley, in an insight article by its Executive Director of Digital Asset Markets, Andrew Peel, has identified the potential of the recent growth of dig
According to a January 16 Forbes report and speaking at a Bitcoin-focused conference, billionaire businessman and investor Elon Musk recently confirmed his crypto portfolio, revealing he holds sizeable amounts of Dogecoi
Bitcoin has now broken new ground by surpassing an unprecedented hash rate of 500 exahashes per second. This significant increase not only marks a new all-time high but also serves as a bullish indicator for the network’
Coinbase in a recent courtroom confrontation presented its case against the Securities and Exchange Commission (SEC), arguing that the tokens listed on its exchange do not constitute securities. This legal battle follows
Tether and rhino.fi recently announced a strategic collaboration between the two companies to improve the user experience of USDT users in the DeFi ecosystem. The stablecoin issuer announced this in a January 16 blog pos
Binance has experienced a notable decline in market share, dropping from 54.2% to 48.7% in 2023. The latest report from TokenInsight attributes this downturn to a combination of factors, including the end of the Zero-Fee
Within the first 30 hours of its announcement, the Solana Mobile Chapter 2 smartphone broke the 1-year sales records of its predecessor, the Solana Mobile Saga, in an unexpected and unprecedented buying frenzy. The smart
A new report by the cryptocurrency professionals at Chainalysis has revealed that the monetary amount of cryptocurrency tokens stolen by crypto scams fell by 29% in 2023, with the total revenue from cryptocurrency hacks
There is no optimism from J.P. Morgan, the American investment bank and finance multinational, about the chances of Ethereum getting its Spot Exchange-Traded Funds (ETFs) by May, describing the possibility as not more th
USDT stablecoin issuer Tether has reacted to the recent UN report accusing it of aiding illicit financing, alleging bias on the part of the United Nations for singling out usage of the USDT in illegal activities without
South Korea is reportedly considering abolishing income tax on cryptocurrency gains as it looks to revamp its tax laws on financial investments in a new proposal. While speaking to reporters on January 17, Jeong Jung-hoo
The European Council, in conjunction with the European Parliament, has reached a provisional agreement aimed at intensifying the regulatory oversight of the crypto sector. Announced through a press release on January 18,
Bitcoin mining operations in Texas are facing a significant setback due to extreme weather conditions. The sudden drop in temperatures has led to a considerable reduction in power availability for mining centers, resulti
The U.S. Treasury, led by Assistant Secretary for Financial Institutions Graham Steele, is advocating for the establishment of a regulatory framework for cryptocurrencies. Speaking at an event at George Washington Univer
The highly anticipated Dencun upgrade to the Ethereum blockchain went live on the Goerli testnet in the early hours of Wednesday, encountering unexpected issues with finality within the expected timeframe. According to l
