Binance’s Market Share Falls to 50%
Binance has faced a decline in its market share compared to other global competitors that do not offer support for the US dollar this year.
Crypto Mining Companies Want to Diversify Their Income
As the upcoming halving in April 2024 approaches, mining companies are seeking ways to diversify their sources of income.
EU Says Non-EU Countries Should Implement Stricter Crypto Regulation
According to a report by the European Parliamentary Research Service (EPRS), countries outside the Schengen area should strengthen their oversight of the cryptocurrency industry.
Anthony Scaramucci Believes Bitcoin Will See a Bullish Trend Next 10 Years
SkyBridge Capital founder Anthony Scaramucci declared at the Messari Mainnet conference in New York that the digital asset bear market has reached its lowest point.
Circle Officially Renames its Stablecoins
Circle has recently announced that it will be changing the official names of its stablecoins, previously known as USD Coin and Euro Coin, to USDC and EURC.
Hong Kong Will Disclose Crypto License Applicants
Officials from Hong Kong have announced that they will release a list of companies that have applied for the new retail crypto trading licenses.
UpBit Halts Aptos Withdrawals
According to several user reports, the largest cryptocurrency exchange in South Korea, UpBit, has temporarily suspended deposits and withdrawals of Aptos (APT) due to an issue with its system.
Lazarus Hackers Reportedly Have $42.5M in BTC on Their Wallets
According to analysts at 21.co, North Korean hackers belonging to the Lazarus Group have a combined total of at least $47 million worth of various cryptocurrencies.
Bitmain Will Invest $54M in Core Scientific
Bitmain, a leading manufacturer of crypto mining rigs, has announced its plan to invest $53.9 million in Bitcoin mining firm Core Scientific.
UK’s FCA Warns Unregistered Crypto Firms About Lack of Engagement
The UK’s Financial Conduct Authority has issued a warning to unregistered cryptocurrency firms for their lack of interaction with the regulator in preparation for the new financial promotions regime.
Bankrupt Exchange Mt.Gox Postpones Compensation Date
The management of Mt.Gox, a now bankrupt crypto exchange, has announced that the deadline for compensation payments would be postponed from October 31, 2023 to October 31, 2024.
Former Deutsche Bank Employee Accused of Crypto Fraud Will Pay $1.5M
Rashawn Russell, a former employee of Deutsche Bank, has admitted to being involved in a scam to defraud 29 clients of the R3 crypto fund for a total of $1.5 million.
