Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto…
Bitcoin News
Report: South Sudan Government Bans US Dollar Transactions
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that…
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who…
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted…
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains…
Biggest Movers: SOL Rebounds, TRX up for Fifth Straight Session
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start…
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity…
Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
While the stablecoin market has seen significant redemptions in the past three months, the supply…
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
According to the National Bank of Rwanda, the country’s regulated financial services providers are now…
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the…
Meta Reportedly Preparing for a New Round of Layoffs
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a…
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
India is having “detailed discussions” with other G20 members about forming a collective standard operating…
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what…
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash…
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD…