Cryptocurrency News

6 February

Tether Ventures Into AI with Smart Bitcoin Wallet Assistant & More

Tether, the issuer of the world’s largest stablecoin (USDT), is expanding beyond digital assets and into the world of artificial intelligence (AI). In a bold move, the company is developing a suite of AI-powered applications, including an advanced Bitcoin wallet assistant designed to enhance user experience and security. Bringing AI to Crypto: A New Frontier for Tether Tether’s foray into …

5 February

Bitcoin Soars Past $102K, Ethereum Nears $3K Amid Tariff Policy Delay

The cryptocurrency market witnessed a sharp rally as Bitcoin (BTC) briefly surged above $102,500, while Ethereum (ETH) climbed to $2,900 following a delay in key tariff policy decisions. The unexpected move fueled optimism among investors, pushing crypto prices to new highs. Market Reaction to Tariff Policy Delay The delay in tariff policy implementation by major economies has injected fresh liquidity …

5 February

CFTC Investigates Crypto.com & Kalshi Over Super Bowl Event Contracts Compliance

The U.S. Commodity Futures Trading Commission (CFTC) has launched an investigation into Crypto.com and Kalshi over their compliance with regulations related to event-based contracts, specifically those linked to the Super Bowl. The probe comes amid growing regulatory scrutiny over the expanding market for crypto-powered event wagering and prediction markets. Why Is the CFTC Investigating? Both Crypto.com, a major cryptocurrency exchange, …

5 February

Russia Plans ‘National Registry’ for Crypto Mining Gear Amid Energy Crackdown

In a significant move to regulate its growing crypto mining industry, Russia’s Energy Ministry has proposed the creation of a “National Registry of Crypto Mining Hardware”. This initiative comes as the government seeks to monitor and control energy consumption linked to cryptocurrency mining, a sector that has boomed due to Russia’s relatively cheap electricity. Why Is Russia Creating a Crypto …

5 February

Seoul Districts Target Crypto Assets in Intensified Tax Crackdown

In a major escalation of its efforts to collect unpaid taxes, districts across Seoul have begun targeting cryptocurrency assets as part of a broader crackdown on tax evasion. The move signals South Korea’s increasingly aggressive stance on regulating digital assets, as local governments seek to clamp down on crypto holders suspected of underreporting their earnings. Why Are Seoul Districts Focusing …

5 February

President Trump Signs Executive Order to Establish U.S. Sovereign Wealth Fund 🇺🇸

In a move aimed at strengthening the U.S. economy, President Donald Trump has signed an executive order calling for the creation of a U.S. Sovereign Wealth Fund (SWF). The new fund is designed to manage and invest national savings, with the goal of providing long-term financial stability and enhancing economic growth. This bold initiative comes as the U.S. continues to …

5 February

Ohio Lawmaker Unveils Second Bill to Create State Bitcoin Reserve

In an ambitious move to position Ohio as a leader in cryptocurrency adoption, a state lawmaker has introduced a second bill aimed at creating a state-run Bitcoin reserve. This proposal, which builds upon a previous attempt, seeks to establish Ohio as one of the first states in the U.S. to officially hold and manage Bitcoin as part of its state …

5 February

WazirX Warns $234M Hack Repayments Could Be Delayed Until 2030

In a shocking update to users, WazirX, one of India’s largest cryptocurrency exchanges, has warned that repayments related to the $234 million hack that occurred last year may be delayed until 2030. The announcement has raised concerns among users who were affected by the hack, as well as the broader crypto community, about the long-term recovery prospects for both the …

5 February

China Strikes Back: Finance Ministry Imposes Tariffs in Response to U.S. Trade Measures

In a fresh escalation of trade tensions, China’s Finance Ministry has announced a new set of retaliatory tariffs against the United States in response to recent U.S. trade measures. The move underscores the deepening economic standoff between the world’s two largest economies, with both nations imposing tit-for-tat trade restrictions that could impact global markets. China’s Retaliatory Tariffs: What’s Changing? The …

5 February

U.S. DOJ Charges Canadian National in Multi-Million Dollar Crypto Fraud Scheme

In a significant move against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has charged a Canadian national in connection with a multi-million dollar crypto fraud scheme. The individual, identified as [Name Redacted], allegedly orchestrated a complex scheme that defrauded investors of millions of dollars through the sale of fraudulent cryptocurrency investments and fake digital assets. What Happened? The DOJ’s …