Cryptocurrency News

6 February

Saudi Economist Calls for Unified Crypto Payment Rules Across Gulf States

A prominent Saudi economist has urged Gulf Cooperation Council (GCC) nations to develop a unified regulatory framework for cryptocurrency payments, emphasizing that a coordinated approach could accelerate the region’s financial innovation and safeguard its growing crypto market. The call for a single set of regulations comes amid increasing interest in digital assets from businesses and investors in the Middle East, …

6 February

IoTeX’s Larry Pang Appointed Co-Chair of Blockchain Association’s DePIN Working Group

In a significant move for the blockchain and decentralized networks sector, Larry Pang, the Chief Strategy Officer at IoTeX, has been appointed as the Co-Chair of the Blockchain Association’s DePIN (Decentralized Physical Infrastructure Networks) Working Group. This appointment highlights Pang’s growing influence within the blockchain space and underscores the importance of decentralized infrastructure in the future of blockchain technology. A …

6 February

Ex-Malaysian PM Mahathir’s X Account Hacked to Promote Meme Coins

In a shocking security breach, the X account of former Malaysian Prime Minister Mahathir Mohamad was hacked and used to promote meme coins. The breach has raised serious concerns about the vulnerability of high-profile social media accounts, as the hacker exploited Mahathir’s large following to spread links and advertisements for various digital tokens. Details of the Hack The hack occurred …

6 February

Kraken Co-Founder Jesse Powell Sues Luxury Co-Op Over Crypto Ban in Home Purchase

Jesse Powell, the co-founder of popular cryptocurrency exchange Kraken, is making headlines after filing a lawsuit against a luxury co-op building in New York City, alleging that the building’s management unlawfully blocked his attempt to purchase an apartment due to his ties to the cryptocurrency industry. The Dispute: Crypto Ties and Luxury Real Estate Powell, a well-known figure in the …

6 February

Swedish Crypto ETP Issuer Virtune Launches Avalanche & Cardano ETPs on Nasdaq Helsinki

In a significant move for both the Swedish crypto industry and the broader European market, Virtune, a leading crypto exchange-traded product (ETP) issuer, has officially listed Avalanche (AVAX) and Cardano (ADA) ETPs on Nasdaq Helsinki. The launch marks an important step in increasing institutional and retail access to cryptocurrencies in the Nordic region. Virtune’s Push for Greater Crypto Accessibility Virtune, …

6 February

Rep. French Hill Unveils US Strategy to Reform Crypto Regulations

In a significant move toward fostering innovation while ensuring regulatory clarity, Representative French Hill has outlined the United States’ plans to shift away from heavy-handed enforcement in the cryptocurrency sector. The announcement comes as lawmakers and industry leaders push for a more balanced approach to digital asset oversight, aiming to promote growth without stifling technological advancements. A Shift from Enforcement-First …

6 February

Solana DEX Aggregator Jupiter Hacked, Fake Meme Coins Promoted via X Account

In a concerning security breach, Jupiter, one of the leading decentralized exchange (DEX) aggregators on the Solana blockchain, has fallen victim to a hack that led to the promotion of fake meme coins through its X (formerly Twitter) account. The hack raises serious questions about security vulnerabilities in the decentralized finance (DeFi) ecosystem and the growing risks for crypto platforms …

6 February

JPMorgan Survey: 70% of Institutional Traders to Sideline Crypto in 2025

A recent survey conducted by JPMorgan reveals that over 70% of institutional traders have no plans to trade or invest in cryptocurrencies in 2025. Despite the growing mainstream adoption of digital assets, many institutional players remain skeptical, citing concerns over regulation, volatility, and market maturity. Institutional Caution in Crypto Markets The JPMorgan e-Trading Edit survey, which polled hundreds of institutional …

6 February

MicroStrategy Rebrands with Bitcoin Flair, Reports Record Q4 BTC Buy

MicroStrategy, the world’s largest corporate holder of Bitcoin, is doubling down on its crypto-first identity with a bold rebrand. The company has officially changed its name to “Strategy”, incorporating the Bitcoin logo into its brand identity. This move cements its commitment to Bitcoin as more than just an asset—it’s now part of its corporate DNA. At the same time, MicroStrategy …

6 February

Tiger 21’s Elite Investors Hold $6 Billion in Crypto Assets

In a strong signal of growing institutional confidence in digital assets, Tiger 21, an exclusive network of ultra-high-net-worth investors, has revealed that its members collectively hold $6 billion in cryptocurrency investments. This milestone highlights the increasing role of crypto in wealth preservation and portfolio diversification among the world’s financial elite. Tiger 21’s Crypto Allocation: A Sign of the Times Tiger …