A man has been given a five-year prison sentence for his involvement in stealing and laundering about 120,000 bitcoin, valued at over $11 billion based on current prices, from the cryptocurrency exchange Bitfinex.
The crypto industry is advocating for bold policies to promote the widespread use of digital assets and strategizing on the most effective way to push for them.
The UK government has announced plans to launch a pilot program using distributed ledger technology to deliver a digital instrument called “digital gilt,” similar to a bond.
Franklin Templeton has expanded the trading of its OnChain US Government Money Market Fund (FOBXX) to include Ethereum.
Revolut, a London-based neobank, is expanding its Revolut X crypto exchange to all 30 European Economic Area (EEA) countries
Coincheck, a Tokyo-based cryptocurrency exchange and a subsidiary of Monex Group, is poised to become the first Japanese crypto exchange to list on Nasdaq.
Italy is expected to decrease its proposed 42% capital gains tax on cryptocurrency transactions to 28%, marking a significant departure from its previous policy.
PayPal has announced that its stablecoin, which is pegged to the U.S. dollar, is now utilizing LayerZero to optimize transfers between Ethereum and Solana.
Bitwise Asset Management is set to introduce a bitcoin ETP on the Aptos platform on Six Swiss Exchange on November 19, 2024.
On November 11, the exchange-traded funds (ETFs) for Ether in the United States saw their largest ever day of inflows.
On November 10, the now-defunct exchange Mt. Gox made a significant transfer of over $2 billion to two different addresses.
MicroStrategy Inc. has purchased approximately 27,200 Bitcoin for a total of $2.03 billion. This marks the company’s largest purchase of the digital currency since its initial acquisitions over four years ago.
On November 10, the market sentiment for Bitcoin and other cryptocurrencies reached its highest level of “greed” in nearly seven months, with the Crypto Fear & Greed Index scoring 78 out of 100.
The CEO of CryptoQuant, Ki Young Ju, predicts that Bitcoin’s price may dip below $59,000 by the end of the year due to an overheated futures market.
The SEC has decided to delay its decision on whether to allow options trading on Spot Ethereum exchange-traded funds (ETFs) once again.
