Latest News

24 April

Crypto Collapse: SEC Charges PGI Global in $200M Ponzi Scheme

In another major blow to the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) has formally charged PGI Global with operating a fraudulent Ponzi scheme that defrauded investors out of more than $200 million. According to the SEC’s complaint, PGI Global and its executives promised high returns to thousands of investors by claiming to use proprietary crypto trading strategies. …

23 April

ING Launches Euro Stablecoin as MiCA Regulation Spurs Banking Innovation

In an era where digital currencies are reshaping the financial landscape, ING has taken a bold step by launching its own Euro stablecoin, responding to the growing demand for secure, regulated, and efficient digital assets. This move comes at a pivotal moment, with the Markets in Crypto-Assets (MiCA) regulation gaining momentum across Europe, further accelerating the integration of blockchain technology …

23 April

Bitcoin Soars 20%, Breaking Nasdaq Correlation—The Rise of Digital Gold?

In a dramatic turn of events, Bitcoin has experienced a 20% surge, breaking its long-standing correlation with the Nasdaq index, a key indicator of tech stock performance. This surge has sparked renewed conversations about Bitcoin’s evolving role in the financial ecosystem—could it finally be living up to its potential as “digital gold”? Bitcoin’s 20% Surge: A Game-Changer Over the past …

23 April

Cantor Fitzgerald, Tether, and SoftBank Team Up for Massive $3B Bitcoin Investment Fund

In a groundbreaking development for the cryptocurrency industry, Cantor Fitzgerald, Tether, and SoftBank are joining forces to launch a massive $billion Bitcoin investment vehicle. This unprecedented collaboration brings together some of the most influential players in finance and blockchain technology, signaling a major shift in how institutional investors view Bitcoin and digital assets. The Players Behind the $3B Fund Cantor …

23 April

Tesla Posts $951M Bitcoin Holdings, Balancing 20% Drop in Auto Revenue

In its latest quarterly financial report, Tesla has posted an impressive $951 million in Bitcoin holdings, despite experiencing a 20% drop in its auto revenue during the same period. This combination of cryptocurrency success and automotive sales challenges is a clear indicator of Tesla’s evolving business strategy and its efforts to diversify revenue streams beyond traditional car sales. Tesla’s Bitcoin …

23 April

Trump’s New Policies Derail KuCoin’s $300M Settlement Talks with CFTC

In a significant turn of events, KuCoin, one of the largest cryptocurrency exchanges globally, has found its ongoing $300 million settlement negotiations with the Commodity Futures Trading Commission (CFTC) disrupted by a shift in policy under the administration of former President Donald Trump. The unexpected shakeup has put the talks on hold, leaving the future of the settlement uncertain and …

23 April

Metaplanet’s CEO Pushes for 10K BTC as Yield Skyrockets 119%

Metaplanet, a leading player in the world of cryptocurrency investments, is making waves as its CEO doubles down on the company’s bold goal of acquiring 10,000 BTC (Bitcoin). Despite fluctuating market conditions, the company’s decision to focus on expanding its Bitcoin holdings is paying off. The company’s yield has surged a staggering 119%, showcasing the power of its strategy and …

23 April

Survey Shows 50%+ of South Koreans Have Stepped Into Crypto Trading

A recent survey has revealed a striking trend in South Korea—over half of its population has ventured into the world of cryptocurrency trading. The study, conducted across a broad demographic, shows that more than 50% of South Koreans have participated in buying or selling digital assets, signaling a massive surge in the country’s adoption of cryptocurrencies. The Rise of Crypto …

23 April

Solana Whale Turns Staking Into Gold, Earns $153M Profit

In a remarkable display of patience and strategic investment, a Solana whale has reaped a massive $153 million profit after a four-year staking play that has paid off handsomely. The investor’s long-term commitment to Solana’s staking network has turned out to be an incredibly lucrative decision, highlighting the potential rewards of staking in the cryptocurrency space. The Strategy: Four Years …

23 April

Block Earner Triumphs in Court as ASIC Appeal Gets Dismissed

In a significant legal victory for the cryptocurrency industry, the Australian Federal Court has ruled in favor of Block Earner, dismissing an appeal by the Australian Securities and Investments Commission (ASIC). The decision marks a pivotal moment for the crypto lender, as it upholds its right to continue operating without the legal constraints originally sought by ASIC. The Legal Battle …