digital currency

The digital asset investment sector experienced a significant surge last week, with inflows totaling $346 million, marking the largest weekly inflows during a nine-week consecutive run. This increase was primarily fueled by the anticipation of a spot-based exchange-traded fund (ETF) launch in the U...

Bitcoin (CRYPTO: BTC), Chainlink (CRYPTO: LINK), Ocean Protocol (CRYPTO: OCEAN), and Polkadot (CRYPTO: DOT) are at the forefront of potential major price movements, analysts say. Bitcoin is projected to reach $524,000 over the next four years based on its historical performance during its...

Over 130 Hong Kong citizens have fallen prey to a sophisticated cryptocurrency fraud, losing a staggering HK$120 million (US$15.4 million). The victims expressed frustration, stating that the Securities and Futures Commission's (SFC) identification of the involved platform, Hounax, as...

Bitcoin (CRYPTO: BTC) has broken the psychologically important level of $38,000 amidst the hype surrounding the potential approval of spot Bitcoin exchange-traded funds (ETFs) and the recent settlement of Binance with the U.S. Department of Justice (DoJ). Bitcoin, the world’s largest...

In the wake of crypto exchange Binance (CRYPTO: BNB) agreeing to a $4 billion settlement with the Justice Department, SEC Commissioner Hester Peirce has made a strong case for the approval of a spot Bitcoin (CRYPTO: BTC) ETF, saying there was "no reason" for the financial watchdog to...

Pantera Capital CEO Dan Moorehead is challenging the traditional Wall Street adage of "Buy the rumor, sell the news," and suggests a different outcome for spot Bitcoin (CRYPTO: BTC) Exchange Traded Funds (ETFs). What Happened: The conventional wisdom in financial markets, "Buy the...

In the cryptic realm of digital currencies, one enigma consistently captivated the collective curiosity of the crypto community: the untouched fortune of Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC). Nakamoto, who was credited with the development of Bitcoin and the...

Highlighting blockchain technology's transformative impact on global finance and the payment industry, Pratik Gauri, the CEO of 5ire on Monday delved into the global shift towards sustainable digital finance and the unique approaches of countries like the UAE, Nigeria,...

Canadian regulators have initiated a consultation process focused on the public disclosure of crypto-asset exposures by federally regulated financial institutions (FRFIs). This development comes at a time when digital innovation is rapidly transforming the financial landscape. New forms of...

Taiwanese trading firm Kronos Research reported unauthorized access to some of its API keys, leading to an estimated loss of over $25 million. The breach, which occurred over the weekend, prompted a temporary halt in trading activities as the firm conducted a thorough investigation....

Sam Altman's sudden ouster from OpenAI on Friday has not only stirred discussions in the AI sector but also shone a light on his other significant venture Worldcoin (CRYPTO: WLD). This cryptocurrency initiative, designed for equitable global wealth distribution, now stands...

From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts, according to CoinGecko. What Happened: So far this year, the crypto industry's lobbying spending in the U.S. is about $20.2 million, excluding fourth-quarter (Q4) figures....

In a major crackdown, the FBI arrested three persons for allegedly orchestrating a complex $10 million bank fraud scheme. U.S. Attorney Damian Williams and FBI Assistant Director James Smith announced the arrests of the three persons identified as Zhong Shi Gao, Naifeng Xu and Fei Jiang...

Ashok Venkateswaran, Mastercard Inc.'s (NYSE: MA) lead for blockchain and digital assets in Asia-Pacific, on Friday asserted the current landscape doesn't provide sufficient grounds for the widespread adoption of central bank digital currencies (CBDCs), making broad...

A group of nine bipartisan U.S. lawmakers has appealed to the Treasury Department to reconsider its proposed digital assets taxation regime, expressing concerns that the current proposals, if implemented, could stifle innovation and adversely impact the digital asset ecosystem. The central...