Changpeng Zhao, the big boss of Binance, just got a huge break. The former president, Donald Trump, pardoned him. This means Zhao won't face any more trouble for breaking money-laundering rules. He had already spent a few months in jail and said he was sorry. This pardon is part of a bigger picture. Trump has been rolling back strict rules on crypto. Other big names...
North Korea has been busy stealing crypto. They've taken about $2. 84 billion since early 2024. That's a lot of money! But how did they do it? Well, they used hackers and IT workers abroad to break into big crypto exchanges. These exchanges were in places like the UAE, Japan, India, and Singapore. After the theft, the money was cleaned up and turned into cash through...
In the world of digital money, two big players have teamed up to make things faster and safer. Transak, a company that helps people buy and sell crypto, has joined forces with Cross River Bank. This bank is known for its quick and reliable payment systems. Together, they want to make it easier for people to move money between regular banks and crypto. This team-up m...
Crypto is now at the center of a heated debate between Democrats and Republicans. Both parties are trying to control the rules for digital assets, leaving the crypto industry caught in the middle. Recently, Senate Democrats had a private meeting with crypto leaders. They accused Republicans of using the crypto industry for political gain. Senator Ruben Gallego was q...
Crypto is making waves in the U. S. as big banks start to take notice. Bitcoin, Ethereum, and Solana are leading the charge, with Bitcoin hitting new highs and Ethereum and Solana bouncing back from recent slumps. The crypto market is now worth over $4 trillion, with Bitcoin alone crossing $2 trillion. People are using crypto more than ever, especially in places lik...
Hyperliquid's token, HYPE, saw a 10% increase, reaching $39. 70. This surge came after the company filed a Form S-1 with the SEC. They aim to raise up to $1 billion through a public offering of 160 million shares. Part of this money will be used to buy HYPE tokens, linking the company's equity raise to its crypto strategy. The company, based in New York, is a result...
Bitcoin's price has had quite the ride during different U. S. presidencies. It's not just about who's praising it. Let's explore why. Donald Trump has been vocal about Bitcoin. He's attended Bitcoin events and pushed for more mining in the U. S. His administration has also eased regulations for crypto companies. Yet, Bitcoin's price only grew by about 7% during his ...
The world of digital money is getting serious. A recent report highlights that crypto is no longer just a trend but a major player in the global economy. Bitcoin, the most well-known cryptocurrency, now holds over half of the market share, and its value is comparable to that of major companies like Meta and Saudi Aramco. However, it's still far behind gold in terms o...
Bitcoin ETFs saw a big turnaround on October 21, ending a four-day streak of losing over $1. 2 billion. They brought in $477. 2 million in new money, the biggest one-day gain in two weeks. BlackRock’s IBIT led the way with $210. 9 million, followed by ARK Invest’s ARKB with $162. 9 million and Fidelity’s FBTC with $34. 1 million. Even smaller funds like Franklin’s EZ...
Cardano has made headlines by topping Bitcoin and Ethereum in decentralization. This isn't just a bragging right; it's a big deal for security and independence. The Edinburgh Decentralization Index shows Cardano's network is more spread out. This means it's less reliant on a few big players, which is a good thing. Bitcoin and Ethereum, on the other hand, have a few ...