FTX, once one of the world’s leading cryptocurrency exchanges, continues its bankruptcy proceedings as it prepares to begin distributing assets to creditors. A recent announcement from the company has set a crucial deadline for meeting pre-distribution requirements. If all goes as planned, FTX could start payments as early as February. FTX’s Timeline: FTX has established a deadline for customers and …
Latest News
January, 2025
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14 January
Crypto-Friendly ZA Bank Eyes Expansion with Physical Branches in Hong Kong
ZA Bank, Hong Kong’s first virtual bank to obtain a license for cryptocurrency-related services, is making bold moves toward expanding its presence in the city. The bank, known for its crypto-friendly stance, has announced plans to open physical branches in Hong Kong, signaling a new era for both the traditional banking and crypto industries. ZA Bank’s Vision for the Future: …
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14 January
Chainalysis Bolsters Crypto Security with $150M Acquisition of AI Startup Alterya
In a move that underscores the growing importance of artificial intelligence in combating financial crime, blockchain analytics firm Chainalysis has acquired Alterya, an AI-driven fraud detection startup, for $150 million. This acquisition marks a significant step forward in enhancing the security and compliance tools available to the cryptocurrency industry. What is Alterya? Alterya specializes in using advanced AI and machine …
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14 January
Tether Finds New Home: Relocates to El Salvador with Fresh Operating License
In a groundbreaking move, Tether, the issuer of the world’s most widely used stablecoin, has officially relocated its operations to El Salvador. This decision follows Tether’s recent acquisition of an operating license under the Central American country’s digital asset regulations, solidifying its position as a major player in the global cryptocurrency landscape. Why El Salvador? El Salvador has emerged as …
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14 January
Remixpoint Makes Waves with $3.2 Million Bitcoin Investment in Japan
Japanese financial services company Remixpoint has made headlines by completing a $3.2 million Bitcoin purchase, signaling a bold move into the ever-evolving cryptocurrency market. The acquisition underscores the growing acceptance of digital assets in mainstream financial circles, particularly in tech-savvy nations like Japan. Details of the Purchase Remixpoint, known for its work in fintech and energy management, executed the substantial …
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14 January
Polymarket Faces Ban in Singapore Over Unlicensed Gambling Allegations
In a significant regulatory move, Singapore has banned Polymarket, a popular crypto-based prediction market platform, for allegedly facilitating unlicensed gambling activities. This decision highlights the city-state’s stringent approach to regulating online gambling and financial services, especially those involving cryptocurrencies. Background on Polymarket Polymarket, a decentralized prediction platform, allows users to wager on the outcomes of real-world events, from political elections …
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13 January
Bitcoin Mining Hits Record 110 Trillion Difficulty Amid Rising Competition
Mining Challenges Surge: Bitcoin’s Difficulty Sets New All-Time High From Genesis to 110 Trillion: The Evolution of Bitcoin Mining Difficulty Bitcoin Mining Records: Hashrate Soars Toward Zettahash Milestone Bitcoin Mining: Rising Difficulty Signals a Stronger Network, Tougher Game The Bitcoin (BTC) ecosystem continues to break records, with mining difficulty rising to an all-time high of 110.45 trillion (T). This figure …
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13 January
Bitcoin Dives Below $91K as Bond Yields Soar
Crypto Market Stumbles: Bitcoin Hits Two-Month Low Bearish Signals Mount for Bitcoin After Key Support Breach Bitcoin’s Rough Start to 2025: Bond Yields and Bearish Patterns Take Toll From Peaks to Lows: Bitcoin Faces Technical and Market Pressure Bitcoin Slips to Two-Month Low Amid Rising Bond Yields (Bloomberg) — Bitcoin (BTC-USD) fell to its lowest level in nearly two months …
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13 January
Crypto Revolution: MoonPay and Helio Join Forces in Landmark Deal
MoonPay’s $175M Bet: Acquires Helio to Redefine Crypto Payments MoonPay Expands Reach with $175M Helio Acquisition Blockchain Boom: MoonPay’s Strategic Move to Lead Crypto Payments Trump’s Pro-Crypto Era Kicks Off with Major MoonPay Acquisition MoonPay Acquires Helio in $175M Deal to Boost Blockchain Payments MoonPay, a leading crypto payments platform, has acquired blockchain payment processor Helio for $175 million in …
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13 January
MicroStrategy Boosts Bitcoin Holdings for 10th Straight Week
Michael Saylor’s Bitcoin Bet Continues: 450K BTC and Counting Bitcoin Accumulation Race: MicroStrategy and Semler Double Down MicroStrategy Buys More Bitcoin Amid Market Dip Bitcoin Slump Doesn’t Stop MicroStrategy’s Record Accumulation MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, has continued its aggressive accumulation of Bitcoin, marking the tenth straight week of purchases. In the week ending January 12, MicroStrategy …