Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions
Stablecoin Tether (USDT) has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in...
Business
Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’: VanEck advisor
El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to Gabor Gurbacs, strategy advisor...
Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive
A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin...
Sam Bankman-Fried’s perspective on FTX fall
Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District Court...
BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully...
Hashdex sits down with SEC over spot Bitcoin ETF application
Asset manager Hashdex recently held a meeting with the United States Securities and Exchange Commission to address the regulator’s concerns...
Google to invest another $2B in AI firm Anthropic: Report
Google has doubled down on its artificial intelligence (AI) bets by investing another $2 billion into AI startup Anthropic, according...
Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data
The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant...
Kraken to suspend trading for USDT, DAI, WBTC, WETH and WAXL in Canada
Kraken will suspend all transactions related to Tether (USDT), Dai (DAI), Wrapped Bitcoin (WBTC), Wrapped Ether (WET) and Wrapped Axelar...
‘No evidence’ Hamas is raising crypto donations by the millions: Elliptic
Blockchain forensic firm Elliptic said there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund...
Elon Musk’s X aims to revolutionize finance as a central hub
Elon Musk-owned X (formerly Twitter) aims to position itself as a central financial hub, encouraging individuals to consider using it as...
Crypto firms have already breached new UK promo rules 221 times, says FCA
Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in...
Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes...
FTX probes $6.5M in payments to AI safety group amid clawback crusade
Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to...
HTX’s Justin Sun claims record profits despite staff cuts
Chinese blockchain personality Justin Sun, who also serves as the de facto owner of crypto exchange HTX (formerly Huobi Global),...
SBF grilled in court on deleted messages during testimony
Disgraced FTX founder Sam Bankman-Fried (SBF) tried to explain his rationale for deleting corporate messages during a closed-door testimony without...
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy...
Mastercard partners with crypto payment firm MoonPay for Web3 services
Global payment giant Mastercard continues exploring cryptocurrency benefits through a new collaboration with crypto payment platform MoonPay.MoonPay officially announced on...
Sam Bankman-Fried has no way to ‘outfox’ prosecutors: Scaramucci
Sam “SBF” Bankman-Fried will be no match for government prosecutors, who will poke holes in his defense when he takes...
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit...
Crypto speculations simmer after cryptic posts on X
The crypto community on X (formerly Twitter) has been thrown into a series of guessing games by a couple of...
FTX navigates post-bankruptcy options, weighs sale or revival
Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a...
