Tech

10 January

Gemini Unveils Senior Management Team to Spearhead European Expansion

In a strategic move aimed at bolstering its presence in the European market, cryptocurrency exchange Gemini has announced the formation of a new senior management team dedicated to driving its expansion across the continent. This leadership restructuring comes as the firm intensifies its efforts to broaden its footprint in the rapidly growing European digital asset market. The new team, which …

10 January

Russia Starts Cashing In: Bitcoin Seized in Infraud Haul Hits the Market

In a significant move that has caught the attention of cryptocurrency enthusiasts and market watchers worldwide, Russia has begun selling Bitcoin seized in the massive Infraud operation. The sale marks a pivotal moment in the ongoing battle against cybercrime, with the Russian government looking to liquidate a portion of the 1,032 BTC seized from criminal activities linked to the international …

10 January

US Financial Advisers Turn to Crypto in Wake of Trump’s Election Victory: Bitwise Survey

A new survey by Bitwise has revealed a notable shift in the attitudes of US financial advisers toward cryptocurrency, following Donald Trump’s victory in the 2024 presidential election. The survey, which gathered insights from hundreds of financial professionals across the country, indicates that many advisers are increasingly open to incorporating crypto assets into their clients’ portfolios. The results of the …

9 January

U.S. Prosecutors to Review Terabytes of Do Kwon’s Data as Trial Date Approaches

As the legal proceedings against Do Kwon, the founder of Terraform Labs, intensify, U.S. prosecutors are preparing to sift through an enormous volume of data. The prosecutors are set to review “multiple terabytes” of communications from Kwon, who faces charges related to the collapse of the Terraform Labs ecosystem, including fraud, conspiracy, and market manipulation. The trial date is fast …

9 January

Bullish Gains BaFin Licenses, Set to Expand in EU Under MiCA

Bullish, a prominent cryptocurrency exchange, has secured licenses from the German Federal Financial Supervisory Authority (BaFin), marking a significant milestone in its global expansion strategy. The move positions Bullish to operate within the European Union under the new Markets in Crypto-Assets (MiCA) regulations, which are set to standardize and strengthen the crypto industry across Europe. This milestone not only bolsters …

9 January

a16z Launches Spring 2025 Accelerator to Fuel Crypto Startup Innovation

In a move set to further shape the future of the cryptocurrency space, venture capital giant Andreessen Horowitz (a16z) has announced the launch of a new accelerator program aimed at supporting the next wave of crypto startups. Scheduled to begin in Spring 2025, the accelerator will provide early-stage companies with the resources, mentorship, and funding needed to scale and innovate …

9 January

Sberbank Pushes for Delay: Moscow to Postpone Digital Ruble Launch Until 2026

In a significant development, Sberbank, Russia’s largest state-owned bank, has urged the Russian government to delay the launch of the digital ruble until 2026. Initially slated for introduction in the coming years, the proposed delay has sparked discussions about the digital currency’s potential impact on Russia’s financial ecosystem and its integration with global monetary systems. Sberbank’s suggestion highlights concerns about …

9 January

Hong Kong Unveils Plan to Fast-Track Blockchain Adoption in Banking

Hong Kong has taken a bold step towards revolutionizing its financial sector by launching a new initiative aimed at accelerating the adoption of blockchain technology in the banking industry. The move, announced by the Hong Kong Monetary Authority (HKMA), is designed to strengthen the city’s position as a global financial hub while embracing the digital transformation sweeping across the global …

9 January

Gary Gensler Warns of Crypto Shakeout: Sentiment Overpowers Fundamentals

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), has issued a stark warning about the future of the cryptocurrency market, predicting a “shakeout” as sentiment continues to overshadow underlying fundamentals. Gensler’s comments come at a time of heightened volatility in the crypto space, with market sentiment often swinging wildly in response to news, social media trends, and …

9 January

Dutch Law Student Arrested in $4.6M Crypto Investment Scheme Fraud

A Dutch law student has been arrested in connection with a massive cryptocurrency investment scheme that defrauded investors of approximately $4.6 million. The arrest, which took place earlier this week, has sent shockwaves through the crypto community, raising questions about the involvement of young professionals in fraudulent crypto activities. The scheme allegedly promised high returns on digital asset investments but …