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In a significant development in the cryptocurrency space, SBI VC Trade, a leading Japanese cryptocurrency exchange, has successfully acquired the assets of the hacked DMM Bitcoin exchange, a move that is expected to bring stability and renewed confidence to affected customers. Following the acquisition, SBI VC Trade has announced plans to reopen customer accounts by March 2025, providing much-needed relief …

In a groundbreaking move, Thailand is exploring the possibility of launching a Bitcoin pilot project, with major backing from Binance, one of the world’s leading cryptocurrency exchanges. This initiative could pave the way for wider adoption of digital currencies in Southeast Asia, marking Thailand as one of the first nations in the region to experiment with Bitcoin in a structured, …

In a troubling incident for the blockchain and gaming community, Yat Siu, the co-founder of Animoca Brands, fell victim to a hack on his X (formerly Twitter) account. The hacker used Siu’s profile to promote a fraudulent token scam, potentially deceiving thousands of his followers and other crypto enthusiasts. How the Hack Happened Yat Siu, known for his influential role …

In a significant shift towards digital currencies, Russia is expanding its use of Bitcoin in foreign trade, as announced by the country’s Finance Minister. This move signals Russia’s growing interest in leveraging cryptocurrencies for international transactions, amidst global economic pressures and evolving financial landscapes. Bitcoin in Foreign Trade: A Strategic Shift Russia’s decision to increase the use of Bitcoin for …

In a recent development, Japan has expressed caution regarding the establishment of a national Bitcoin reserve, with key government officials citing concerns over the volatility of the cryptocurrency and its potential impact on foreign exchange regulations. Despite growing interest in Bitcoin and other cryptocurrencies globally, Japan’s government is carefully weighing the risks before committing to large-scale adoption of digital assets …