Bitcoin’s latest rally driven by ‘huge accumulation’

Bitcoin’s (BTC) latest rally was driven by “huge accumulation” as investor appetite remains high despite five days of trading in the red over the past week, according to CryptoQuant research. Just three... Read more »

South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms

South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election... Read more »

Policymakers must think outside of currently accepted norms to understand crypto

The persistent disconnect between policymakers and technology invariably results in proposed and approved regulations overlooking pertinent parts of new technologies. US lawmakers and regulators face the challenge of regulating emerging technologies across... Read more »

Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant

Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in... Read more »

The 3 tourist cities in Brazil using Bitcoin as money

Discover the cities of Jericoacoara, Rolante, and São Thomé das Letras, three tourist cities using Bitcoin as everyday money. Understand how the Lighting Network plays a crucial role in promoting the use... Read more »

Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe

Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would... Read more »

Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud

Following a nine-day trial, a jury found Terraform Labs and its co-founder Do Kwon liable for defrauding investors who lost billions when TerraLUNA collapsed in 2022. The SEC announced the verdict on... Read more »

Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production

According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted... Read more »

Morgan Stanley, UBS on the verge of approving Bitcoin ETF exposure

Morgan Stanley and UBS are actively competing to become the first major banks to offer their clients access to spot Bitcoin exchange-traded funds (ETFs), according to people familiar with the matter. Sources... Read more »

Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit

Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated... Read more »
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