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Bitcoin miner Riot Platforms reports record $211M Q1 net income
2.5.2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine
Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals
1.5.2024
Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite earlier reports, a Democratic aide on Capitol Hill said Tuesday. Should stablecoin legislation fail to find a must-pass bill it can merge with,...
Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari
1.5.2024
The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...
MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
28.4.2024
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they...
Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg
26.4.2024
Bloomberg reports that Pantera won bids for some of the 41 million locked Solana tokens during an FTX estate auction this week.
The post Pantera Capital Secures More Solana Tokens in FTX Bankruptcy Auction: Bloomberg appeared first on Cryptonews
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
23.4.2024
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk
Binance Executive Who Fled Nigerian Custody Found in Kenya Facing Extradition: Reports
22.4.2024
Efforts to expedite Anjarwalla's extradition involve cooperation between various law enforcement agencies, including the EFCC, the Nigeria Police Force, and INTERPOL.
The post Binance Executive Who Fled Nigerian Custody Found in Kenya Facing Extradition: Reports appeared first on Cryptonews
Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
22.4.2024
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported citing government sources
Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety
17.4.2024
The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than $400 Billion in a Week Amidst Severe Volatility Since...
Crypto-Skeptic Senator Sherrod Brown Open To Stablecoin Legislation, Bloomberg Reports
17.4.2024
Staunch crypto-skeptic Senator Sherrod Brown (D-H) is open to passing a stablecoin bill, a Tuesday report from Bloomberg reveals. Brown's willingness to advance the legislation comes amidst news of the introduction of Representatives Cynthia Lummis (R-WY) and Kirsten Gillibrand's (D-NY)...
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
16.4.2024
Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility
16.4.2024
Even during extreme volatility in Bitcoin prices, Bitcoin Depot's revenues remained steady and unaffected.
The post Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility appeared first on Cryptonews
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank
10.4.2024
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear
South Korean Election: How Will 6 Million Crypto Traders Vote?
10.4.2024
South Korean election results could hinge on the voting intentions of the country’s six million crypto traders, reports claimed April 9.
The post South Korean Election: How Will 6 Million Crypto Traders Vote? appeared first on Cryptonews
STFIL Raises Concerns Over Token Movements and Protocol Upgrades Amidst Chinese Police Investigation
9.4.2024
According to reports, the investigation has been intensified following the mysterious movement of FIL tokens housed within the STFIL platform to an external address.
The post STFIL Raises Concerns Over Token Movements and Protocol Upgrades Amidst Chinese Police Investigation appeared first...
Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
8.4.2024
Tigran Gambaryan was remanded pending trial, reports say
Nigeria Court Adjourns Hearings for Binance, Execs' Tax Evasion Cases: Reports
4.4.2024
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...