Blockchain is the underlying technology behind cryptocurrencies. Unfortunately, as this technology evolves, people are developing new ways to misuse and perform malicious actions. The 51% attack or a majority attack is one of them, which refers to a situation in which a miner or a group of miners gain control of more than 50% of […]

Are you frustrated by stacks of bank statements and having trouble understanding your finances? Traditional banking is secure, but it does not always provide a clear view of your financial situation. Imagine if your financial information was not hidden away but instead easily accessible! This is the concept underlying open banking. It’s a new type […]

New York, Saturday, October 26, 2024- Machine learning AI assisted the US Department of the Treasury in identifying and recovering over $4 billion in fraudulent or improper payments in 2024. This represents a significant six-fold increase from $652.7 million recovered in 2023, according to the Office of Payment Integrity (OPI). The OPI, a division of […]

SAN FRANCISCO, Thursday, July 25, 2024-Alphabet, Google’s parent company, reported better-than-expected quarterly earnings Tuesday, boosted by strong growth in digital advertising and cloud computing. Alphabets Q2 reports can be accessed here. According to the report revenue climbed 14% to $84.74 billion in the April-June period, topping Wall Street forecasts. Net income jumped 28.6% to $23.6 […]

New York, Thursday, October 31, 2024– Google’s parent company Alphabet Inc. reported a robust 15% year-over-year increase in Q3 2024 revenues, totaling $88.3 billion in its Q3 financial report yesterday. Revenue growth was largely fueled by gains in Google Cloud, which rose 35% to $11.4 billion, and Google Services, which climbed 13% to $76.5 billion. […]

New York, Friday, October 31, 2024-Amazon in its Q3 Earnings yesterday reported higher-than-expected third-quarter profits and sales, boosted by strong retail growth, sending its shares up nearly 6% in after-hours trading. Retail sales rose by 7% to $61.41 billion, and Amazon Web Services (AWS) reported a 19% revenue increase to $27.5 billion, its fastest growth […]

New York, Tuesday July 30, 2024— Wall Street is poised for a significant week as Amazon, Apple, Meta Platforms, and Microsoft, collectively valued at nearly $9 trillion, prepare to report their quarterly earnings. These tech giants, whose stock movements heavily influence market trends, are expected to play a crucial role in shaping investor sentiment. Investors […]

Catenaa, Friday, November 15, 2024-Venture capital giant Andreessen Horowitz (a16z) has expressed optimism for a crypto-friendly regulatory landscape under President-elect Donald Trump’s administration. The firm’s crypto policy team highlighted a promising path toward regulatory clarity, with expectations that Trump’s government will foster innovation, supporting crypto’s growth in the U.S. In a recent note to crypto […]

New York, Saturday, November 02, 20240-Asia has overtaken North America as the top destination for crypto developers, with the region now representing 32% of the global talent pool, a significant increase from 13% last year, according to data from Electric Capital.  In contrast, the United States’ share has dropped to 18.8%, marking a 51% decline […]

Davos, Switzerland, Monday, January 22, 2024- Top bankers gathered behind closed doors at the World Economic Forum in Davos this week, voicing concerns about how nimble fintech companies are disrupting the industry. Executives from major institutions like JPMorgan Chase and Barclays, according to sources. The gathering, attended by approximately 60 global financial CEOs, was led […]

BASEL, Switzerland, Thursday, July 4, 2024- The Basel Committee on Banking Supervision (BCBS) announced a series of measures on Wednesday aimed at strengthening oversight of banks’ cryptoasset holdings, managing interest rate risk, and mitigating risks associated with third-party service providers. The framework takes effect in January 2026. The committee finalized a disclosure framework requiring banks […]

New York, Monday, November, 2024-In a warning to investors, cryptocurrency expert Alan Santana has highlighted signs that Bitcoin (BTC) may be heading for a significant downturn after failing to surpass its previous all-time high. The leading cryptocurrency is currently consolidating below the $70,000 resistance level, raising concerns about its future performance. Santana claims that Bitcoin […]

Catenaa, Friday, December 20 , 2024 –The Bitcoin Policy Institute has drafted an executive order aimed at establishing a US strategic bitcoin reserve, positioning the cryptocurrency as a permanent national asset. The proposal, intended for President Trump’s consideration, would designate bitcoin as a reserve asset under the Exchange Stabilization Fund (ESF).  The draft outlines a […]

New York, Wednesday, November 06, 2024— Bitcoin has soared to a new all-time high, breaking past $74,000 as Republican candidate Donald Trump leads in the initial phase of the 2024 US presidential election, reports say. Bitcoin was trading around $74,470, marking a 9.5% increase in the past 24 hours, reports say. The cryptocurrency market reacted […]

Singapore, Wednesday, August 28, 2024- Bitget has announced that it had introduced a new feature that allows users to create and access their crypto wallets using Telegram accounts. This update, utilizing keyless MPC technology, eliminates the need for users to manage private keys, enhancing both security and user experience. This comes in the aftermath of […]

New York, Thursday, November, 2024-BlackRock’s spot bitcoin ETF, IBIT, saw an unprecedented $1 billion in trading volume within 20 minutes of market open on Wednesday, following Donald Trump’s presidential victory. The trading frenzy was driven by investor enthusiasm for Trump’s pro-crypto stance, which boosted bitcoin’s price to a record high of $75,000. Eric Balchunas, Bloomberg’s […]

Catenaa, Saturday, January 4, 2025 – BlackRock’s BUIDL token has been approved as a backing asset for Frax Finance’s new stablecoin, frxUSD. The decision follows a governance proposal submitted by Securitize, the broker-dealer managing BlackRock’s tokenized money market fund, which was endorsed by Frax’s decentralized autonomous organization (DAO).  The frxUSD stablecoin, backed by assets held […]

Catenaa, Friday, January 10, 2025 – BlackRock, the world’s largest asset manager, has withdrawn from the Net Zero Asset Managers (NZAM) initiative, citing political scrutiny and legal challenges. The move follows similar exits by major US banks from the Net-Zero Banking Alliance after Donald Trump’s election as president.  This also come in the back drop […]

New York, Wednesday, October 23, 2024-BlackRock is in talks with cryptocurrency exchanges Binance, OKX, and Deribit to adopt its BUIDL token as collateral for derivatives trades, according to a Bloomberg report. Citing anonymous sources, the report suggests that BlackRock is working to expand the use of its money-market digital coin in the crypto space. BUIDL, […]

On June 15, 2023, BlackRock’s application for SEC approval of a spot Bitcoin ETF set a pivotal precedent, inspiring numerous other financial institutions to follow suit and resubmit their own applications for similar offerings.The first part of this article Bitcoin ETF: Its Journey Ahead, provides a comprehensive overview of BlackRock, Howey Theory, the SEC, and […]

 New York, Tuesday, October 01, 2024-BlackRock’s spot Ethereum ETF has reached a significant milestone, surpassing $1 billion in total asset value just two months after its launch. This achievement follows a favorable week of trading, with U.S.-based spot Ethereum exchange-traded funds (ETFs) logging their highest weekly inflows since early August. Friday (27) saw $58.7 million […]

Catenaa, Thursday, December 05, 2024- BlackRock’s IBIT Bitcoin ETF has achieved a historic milestone, surpassing 500,000 BTC in assets under management (AUM) with a valuation of $48 billion. This marks a significant achievement in the ETF’s trajectory, having launched less than a year ago on January 11, 2024.  Data from K33 reveals that $338.3 million […]

What exactly is a Blockchain Bridge? Blockchain, by nature, is closed off and exists as an isolated ecosystem. This is a major bane for the development of the blockchain industry as a whole, as it prevents the pooling of resources and achieving synergy. Imagine a blockchain bridge as a virtual connection that allows different blockchain […]

Catenaa, Friday, November 29, 2024-Brazilian Congressman Eros Biondini has introduced a proposal to establish a national Bitcoin reserve, called the Bitcoin Sovereign Strategic Reserve (RESBit). Filed on November 25, the bill aims to diversify Brazil’s Treasury and position the nation as a global leader in the digital economy. The proposed reserve would be gradually built, […]

New York, Monday, September 09,2024- Brazil’s central bank announced that it had selected Visa and Santander, among others, to participate in the second phase of its digital currency pilot, known as Drex. Drex is the name given to Brazil’s Central Bank Digital Currency (CBDC) pilot project. The central bank announced the decision Friday, saying the […]

New York, Wednesday, August 21, 2024- A malicious Chrome extension labeled “Bull Checker” has been targeting Solana decentralized finance (DeFi) users, draining their wallets by exploiting a seemingly legitimate interface. The issue was first identified by Jupiter Exchange on August 19, 2024, following reports from affected users. The extension, disguised as a meme coin tracker, […]

Brussels, August 31, 2023: Global interbank messaging service provider Swift announced that its experimental operation using blockchain technology based on the Cross-Chain Interoperability Protocol CCIP of Chainlink was a success. The Swift CCIP Chainlink experiment started in June 2023. It was announced in a press release on June 13, 2023, and the results were announced […]

BEIJING, Monday, June 24, 2024- China is urging the European Union to scrap its planned tariffs on Chinese-made electric vehicles (EVs) before July 4, according to state media reports. The tariffs, set at up to 38.1%, were imposed by the EU while it investigates claims of unfair subsidies to Chinese EV manufacturers. Beijing is wary […]

Introduction Coinbase, a leading cryptocurrency exchange platform, has announced a significant milestone in its ongoing efforts to become the most trusted and user-friendly platform in the crypto economy. The company has unveiled an expansion of its supported fiat currencies, providing institutional customers with a broader range of payment options and trading pairs. This move aims […]

Catenaa, Wednesday, November, 2024-Brian Armstrong, CEO of Coinbase, is scheduled to meet with President-elect Donald Trump on Monday, November 25, to discuss potential appointments for key government positions, according to a report by The Wall Street Journal. The discussions come as Trump considers nominations for Treasury Secretary and Securities and Exchange Commission (SEC) chair, roles […]

New York, Sunday, November 10, 2024-Coinbase’s stock surged more than 30% on November 6, following Donald Trump’s election victory, closing at year-to-date highs. The massive rally was mirrored by the GraniteShares 2x Long COIN Daily ETF, which rocketed 62%—potentially a record one-day return for an ETF, according to Bloomberg analyst Eric Balchunas. Leveraged ETFs, designed […]

SAN FRANCISCO, Friday, June 28, 2024- Cryptocurrency exchange Coinbase is suing the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) after both agencies denied requests for public records, the company announced Thursday. “Coinbase, Inc., the largest digital-asset trading platform in the United States, retainedHistory Associates Incorporated to submit Freedom of […]

New York, Saturday, October 5, 2024- Coinbase Global Inc. has announced plans to delist stablecoins that fail to comply with the European Union’s upcoming regulations by the end of this year. The move targets popular i tokens such as Tether’s USDT, following the EU’s finalization of its Markets in Crypto-Assets (MiCA) framework. MiCA regulations, which […]

The Effects It Will Have on the Uptake of Web 3  The phrase Web3 refers to the next internet paradigm in which users may communicate with decentralized applications (dapps) that operate on blockchain networks. Transparency, security, privacy, and ownership of data and assets are just a few of the benefits that Web3 provides. Web3 does, […]

Catenaa, Saturday, December 21, 2024 – A California federal court has ruled in favor of Coinbase, allowing the major cryptocurrency exchange to delist wrapped bitcoin (wBTC) despite efforts by Hong Kong-based BiT Global to block the decision through a temporary restraining order.  US District Judge Araceli Martínez-Olguín determined there was no valid reason to prevent […]

New York, Wednesday, October 30, 2024-Visa yesterday announced a partnership with Coinbase to integrate Visa Direct, enabling real-time account funding for Coinbase customers using eligible Visa debit cards. This feature allows users to instantly deposit funds, enhancing flexibility for trading opportunities in the fast-paced crypto market. The integration will enable Coinbase users across the US […]

Catenaa, Wednesday, December 11, 2024-Coincheck, Japan’s second-largest cryptocurrency exchange, will debut on Nasdaq on Wednesday through a merger with Thunder Bridge Capital, marking a significant milestone for the global crypto industry.  The de-SPAC transaction will create Coincheck Group N.V., with an initial implied market capitalization of approximately $1.3 billion. Trading under the ticker CNCK, the […]

New York, Wednesday, July 31, 2024— CrowdStrike Holdings Inc. partners estimate a 20% reduction in new bookings for the second half of the year following a significant tech outage, according to a report by Morgan Stanley. The cybersecurity firm’s partners reported disruptions in their operations due to the outage, which occurred earlier this month and […]

Washington, Friday, June 28, 2024-President Joe Biden and presidential candidate Donald Trump did not discuss cryptocurrency during their 90-minute debate on Thursday, despite significant contributions from crypto lobbyists.((cointelegraph.com: Many crypto enthusiasts and investors expected crypto would be one of the highlight points in the Trump-Biden debate. The June 27 debate, hosted by CNN, covered topics […]

Singapore, Wednesday, November 06, 2024 – A consortium of prominent cryptocurrency firms, including Robinhood, Kraken, and Paxos, has introduced a new stablecoin, the Global Dollar (USDG), structured to distribute reserve-based income among its participants. Issued out of Singapore by Paxos, the USDG stablecoin aligns closely with the Monetary Authority of Singapore’s upcoming regulatory framework for […]

London, Sunday, October 6, 2024-Crypto now serves as a “valuable gateway” for institutions to enter the evolving world of digital assets, fueling the shift towards tokenization, BlackRock’s Head of Digital Assets Robert Mitchnick said at a private conference in London on October 3, reports said. Mitchnick, speaking at Digital Assets Week, emphasized the increasing overlap […]

New York, Sunday, September 15, 2024 –A new Chainalysis report reveals a troubling surge in cryptocurrency-related scams in 2024. The research highlights that 43% of illicit crypto inflows have gone to wallets activated this year, a significant increase from 29.9% in 2022. The report indicates a shift from long-term Ponzi schemes to more targeted frauds, […]

Catenaa, Wednesday, November 20, 2024 – Crypto.com has acquired Australian brokerage Fintek Securities, securing an Australian Financial Services License to broaden its offerings in the local market. The license enables Crypto.com to provide deposit products, derivatives, securities, and managed investment schemes to Australian users.  Fintek specializes in trading foreign exchange, commodities, and indices through Contracts […]

Catenaa, Friday, December 20, 2024 – Crypto.com has withdrawn its lawsuit against the US Securities and Exchange Commission (SEC) amid revelations that CEO Kris Marszalek met with President-elect Donald Trump to discuss cryptocurrency regulations and the potential establishment of a national Bitcoin reserve.  Bloomberg citing an anonymous source reported that Trump and Marszalek met at […]

New York, Monday, September 30, 2024-Decentralized finance platform Curve Finance is reportedly considering the removal of TrueUSD (TUSD) as collateral for its Curve USD (crvUSD) stablecoin. This follows concerns within the crypto community about the reliability and transparency of TrueUSD’s reserves. The proposal to delist TUSD is being discussed by Curve’s governance community, which plays […]

Imagine a market where you usually go to buy groceries. Multiple vendors will sell different types of goods, and they may have their own union or a local government body to regulate and oversee operations. Each vendor has their own prices, supplies, reputation, and quantity. What if there was a marketplace for digital assets where […]

Cryptocurrencies are digital or virtual currencies that rely on cryptographic systems for their operation. They offer a means of conducting secure online transactions without the need for intermediaries such as banks or payment processors. Every single transaction made in the realm of crypto is meticulously recorded on distributed, tamper-proof ledgers called blockchains. Imagine a giant, […]

MENLO PARK, Calif. Friday, June 7, 2024- Online brokerage Robinhood has acquired a cryptocurrency exchange Bitstamp for a reported $200 million, defying ongoing scrutiny from the Securities and Exchange Commission (SEC) regarding its own crypto offerings. “Robinhood Markets, Inc. has agreed to acquire Bitstamp Ltd., a global cryptocurrency exchange. Bitstamp was founded in 2011 and […]

NEW YORK, Wednesday, July 31, 2024- Delta Air Lines is considering legal action against CrowdStrike and Microsoft following a massive technology outage earlier this month that grounded thousands of flights and caused widespread disruption across multiple industries, reports said. The airline has hired prominent attorney David Boies to explore potential damages claims after suffering hundreds […]

New York, Sunday, November 10, 2024- Detroit will soon allow residents to pay taxes and city fees using cryptocurrency, making it the largest US  city to adopt this payment option, it is learnt. The new service, anticipated in mid-2025, will be powered by PayPal’s secure platform, aiming to enhance payment accessibility, especially for residents who […]

Berlin, Thursday, November 07, 2024 – In a significant move towards sustainable cryptocurrency mining, Deutsche Telekom’s subsidiary, MMS, has partnered with Bankhaus Metzler to launch a green Bitcoin mining pilot in Germany. The project aims to harness excess renewable energy, such as surplus wind and solar power, to fuel Bitcoin mining operations, thereby reducing energy […]

Shanghai, Tuesday, December 19 –  The Bank of China’s Shanghai branch had successfully executed a 100 million yuan ($14 million) e-CNY CBDC settlement received from overseas for gold through the Shanghai Financial Exchange International Board. A spokesperson for the Bank of China stated that the account will contribute financial strength to support Shanghai’s in-depth implementation […]

Catenaa, Monday, December 02, 2024-The Dogecoin Foundation has called for funding to accelerate its 2025 plans, aiming to establish Dogebox, a decentralized payment platform designed to onboard small and medium-sized businesses into Dogecoin’s ecosystem. Announced on X (formerly Twitter), Dogebox seeks to empower grassroots retailers by enabling Dogecoin-based payments, integrating with existing systems, and rewarding […]

Catenaa, Monday, November 11, 2024-The US Department of Justice (DOJ) announced Friday the sentencing of Roman Sterlingov, the operator of Bitcoin Fog, the darknet’s longest-running Bitcoin mixing service. Sterlingov, a dual Russian-Swedish national, received a prison term of 12 years and six months for laundering criminal proceeds through the BTC mixing service from 2011 to […]

New York, Tuesday, September 3, 2024 – Bitcoin is hovering around $60,000 amid fears that the U.S. dollar could be on the brink of a major crisis, an article in the Forbes Magazine said. Last week saw significant economic forecasts, political clashes, and corporate revelations. Economist Peter Schiff warned of inflation risks as the U.S. […]

New York, Thursday, November 07, 2024- The Dow Jones Industrial Average skyrocketed 1,500 points, marking its best performance since 2022 in a dramatic post-election rally on Wednesday as investors reacted positively to former President Donald Trump’s victory. This rally also propelled the S&P 500 and Nasdaq Composite to new all-time highs, reflecting market optimism about […]

Catenaa, Thursday, December 05, 2024-Cryptocurrency payment provider DTCpay announced it will phase out Bitcoin (BTC) and Ethereum (ETH) transactions by the end of 2024, transitioning exclusively to stablecoins starting January 2025.  The shift comes as DTCpay prioritizes stablecoins like USDT, USDC, FDUSD, and WUSD, citing their price stability compared to Bitcoin and Ethereum. This stability […]

Frankfurt, Germany, Tuesday, January 09, 2024- The European Central Bank (ECB) has issued five separate calls for applications to establish framework agreements with potential providers of components and related services for a digital euro, if and when it is launched. This move marks a significant step in exploring the development of a central bank digital […]

Catenaa, Saturday, December 21, 2024 – El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF) after agreeing to reduce its reliance on bitcoin as legal tender. The deal comes as the cryptocurrency briefly hit a record high of over $108,000 this week.  Under the agreement, businesses in El Salvador […]

Catenaa, Tuesday, December 10, 2024-El Salvador is reportedly set to amend its controversial Bitcoin law to secure a multi-billion-dollar deal with the International Monetary Fund (IMF), according to a report from the Financial Times. The agreement, expected in the coming weeks, would provide $2 billion in funding from the IMF, World Bank, and Inter-American Development […]

San Salvador, Tuesday, October 08, 2024-El Salvador’s bonds have surged, defying criticism aimed at President Nayib Bukele’s controversial handling of the nation’s finances, particularly regarding Bitcoin. Recent Bloomberg data highlights a notable rally following the government’s proposal to buy back dollar-denominated bonds, signaling a strategic debt restructuring move.  On October 4, 2024, Bukele announced the […]

New York, Thursday, November 07, 2024-The net worth of several high-profile billionaires surged after Donald Trump’s victory as president-elect, sparking investor optimism across major markets. Tesla CEO Elon Musk saw his wealth skyrocket by nearly $21 billion, reaching $285.6 billion as Tesla stock surged by 15% on Wednesday. The anticipated pro-crypto and corporate tax-cut stance […]

Catenaa, Friday, December 06, 2024- Elon Musk’s wealth surged to $353 billion, increasing by $91 billion in the past month, despite a Delaware court invalidating his $100 billion Tesla pay package for the second time. The ruling doesn’t faze Musk, as Tesla shares rose 40% after Donald Trump’s election victory. Investors anticipate regulatory and federal […]

Catenaa, Saturday, November 16, 2024-ENS Labs, the developer behind Ethereum Name Service (ENS), announced plans for a new Layer 2 rollup called Namechain, expected to launch by late 2025. Namechain will allow users to register and manage ENS names with significantly reduced fees and enhanced flexibility across multiple Layer 2 (L2) networks, without being restricted […]

Catenaa, Thursday, November 28, 2024-Ethereum has overtaken Tron in USDT issuance dominance for the first time since 2022, signaling a shift in the stablecoin market landscape. The surge in USDT minting on Ethereum is attributed to bullish market conditions, driven by Bitcoin’s record-breaking all-time high and growing anticipation around spot Bitcoin ETFs. These developments have […]

Washington, DC, Friday, October 11, 2024- In an unprecedented move, the Federal Bureau of Investigation created its own cryptocurrency token to trap scammers engaging in pump-and-dump schemes. FBI Statement can be seen here. The website created for the sting operation can be reached here. The operation, dubbed “Operation Token Mirrors,” resulted in the arrest of […]

Catenaa, Tuesday, December 17, 2024-The Financial Conduct Authority (FCA) on Monday released a discussion paper aimed at tightening regulations within the United Kingdom’s crypto-asset market. The move seeks to tackle abuse, enhance transparency, and provide clearer rules for businesses and consumers.  The FCA is urging authorized trading platforms to adopt stronger internal measures to detect […]

New York, Tuesday, November 05, 2024-The US Federal Deposit Insurance Corporation (FDIC) last week faced  a backlash from the crypto industry following reports that it had sent multiple letters urging banks to pause their involvement in cryptocurrency services. Coinbase, a leading cryptocurrency exchange, revealed these developments, accusing the FDIC of deliberately discouraging banks from engaging […]

Little Rock, Ark. Monday, January 222, 2024 – US-based Panacea Financial, a fintech company specializing in financial services for doctors and medical practices, secured $24.5 million in Series B funding to fuel its strategic growth within the doctor community. This investment from global venture capital fund Valar Ventures will significantly expand Panacea’s reach and offerings. […]

London, November 05, 2024 – In a pioneering move, a British pension fund, advised by pension consultancy Cartwright, has invested 3% of its £50 million ($65 million) assets directly into bitcoin. This marks the first time a UK pension fund has allocated a portion of its assets directly into cryptocurrency rather than through proxies like […]

New York, Wednesday, September 25, 2024-Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison for her involvement in the collapse of cryptocurrency exchange FTX. The sentencing took place in the United States Southern District of New York on September 24, with Judge Lewis Kaplan presiding over the case. Ellison, […]

Singapore, Wednesday, October 30, 2024-The Gemini crypto exchange, led by the Winklevoss twins, has secured preliminary approval from Singapore’s Monetary Authority (MAS) to offer digital payment token (DPT) and cross-border money transfer services. This regulatory nod advances Gemini’s ability to provide locally compliant services in Singapore, a market with Gemini’s second-largest customer base after the […]

New York, Tuesday, October 01, 2024– Crypto exchange Gemini has announced its exit from Canada, instructing all Canadian users to withdraw their assets before December 31, 2024. In a private communication sent on Monday, the exchange, run by the Winklevoss twins, informed its customers that they have 90 days, starting from September 30, to remove […]

Catenaa, Thursday, December 26, 2024 – A key German privacy regulator has ordered the controversial World project, backed by OpenAI CEO Sam Altman, to delete biometric data collected from scanning people’s eyeballs. The Bavarian State Office for Data Protection Supervision, tasked with enforcing the EU’s General Data Protection Regulation (GDPR), announced the decision Thursday, citing […]

London, Thursday, November 07, 2024-The global economy faces fresh uncertainty after Donald Trump’s election victory, with concerns mounting over the potential impact of US-led protectionist policies. Economists and policymakers across Europe and Asia are reassessing risks as Trump’s promises to tighten trade restrictions and cut security ties with allies loom. German and European economies, which […]

San Francisco, Monday, September 9, 2024- Google’s ad tech business is under intense scrutiny as a major trial gets underway today. The U.S. Department of Justice (DoJ) is challenging Alphabet, Google’s parent company, on allegations that it operates an illegal monopoly in the digital advertising market. The case, set to be heard by U.S. District […]

Luxumberg, Monday, September 16, 2024- Alphabet Inc.’s Google is under investigation by Europe’s Data Protection Commission (DPC) for potential breaches of the General Data Protection Regulation (GDPR) related to its artificial intelligence model, PaLM2. Launched in May 2023, PaLM2 is being scrutinized for its handling of personal data from EU and European Economic Area citizens. […]

Catenaa, Friday, December 20, 2024 – HashKey Group, a Hong Kong-based blockchain firm, officially launched the mainnet of its Ethereum layer-2 solution, HashKey Chain, following a successful testnet phase.  During the month-long testnet, HashKey Chain recorded over 24.72 million transactions, registered more than 860,000 wallet addresses, and deployed 50 projects, according to the company. The […]

London, Wednesday, October 09, 2024- A new HBO documentary yesterday claimed that it had identified Peter Todd, a Canadian developer, as the elusive Satoshi Nakamoto, the pseudonymous founder of Bitcoin. However, Todd had denied the claim. The claim, made by award-winning filmmaker Cullen Hoback, has reignited debate in the crypto world, although Todd has strongly […]

Hong Kong, Wednesday, October 30, 2024- Hong Kong is set to intensify its push for cryptocurrency adoption with new regulatory changes designed to make the city more attractive to crypto investments and trading platforms. During a speech at the Hong Kong Fintech Week, Christopher Hui, Secretary for Financial Services and the Treasury, confirmed that tax […]

Hong Kong, Tuesday, September 24, 2024-The Hong Kong Monetary Authority (HKMA) launched the second phase of its e-HKD pilot on Monday (September 23), focusing on tokenization, offline payments, and programmability. Dubbed “Project e-HKD+,” this phase brings together 11 groups, including major financial players like Bank of China, Hang Seng Bank, HSBC, Visa, and Mastercard. The […]

Catenaa, Monday, November 25, 2024- Hong Kong’s leading digital bank, ZA Bank announced today that it now allowed retail users to trade cryptocurrencies directly through its banking app. The initiative makes ZA Bank the first bank in Asia to offer such a service, streamlining access to crypto trading by integrating fiat currency transactions within its […]

Canberra, Thursday, July 25, 2024- HSBC Australia has abruptly blocked all customer transactions to cryptocurrency exchanges, citing a surge in scam activity. The move, which took effect on July 24, 2024, restricts both bank transfers and credit card payments to crypto platforms. The bank claims the decision is to protect customers from financial losses. The […]

Wednesday, June 19, 2024 – HSBC Bank in China recently announced that it would offer e-CNY services to corporate clients, according to report. The corporate clients are allowed to connect their bank accounts with digital yuan accounts for asset management, a statement said. Nord Anglia Education Group, a Chinese school management company in London, has […]

New Delhi, Thursday, September 12, 2024- India remains the top country for cryptocurrency adoption, according to Chainalysis’ 2024 Global Crypto Adoption Index released a while ago.The Chainanalysis report can be seen here. This marks the second consecutive year that India has ranked first, surpassing countries like Nigeria, Indonesia, the United States, and Vietnam. Chainalysis analyzes […]

Catenaa, Saturday, November 16, 2024- Infinex, the decentralized exchange founded by Kain Warwick, has partnered with Near Foundation to incorporate Near Chain Signatures into its platform. This integration will allow users to sign transactions across multiple blockchains using a single Near account, enhancing ease and interoperability for decentralized finance (DeFi) users. The partnership enables Infinex […]

PoH is a newly developed consensus mechanism engineered by Anatoly Yakovenko, the founder of Solana Labs. Solana’s PoH is all about making sure that in a blockchain, the order of events matters as much as the events themselves. To do this, it uses a tool called Verifiable Delay Function (VDF) to record when each event […]

Tokyo, Tuesday, October 01, 2024-Shigeru Ishiba, Japan’s incoming Prime Minister and leader of the ruling Liberal Democratic Party (LDP), has announced plans to promote blockchain and NFTs as part of a national economic strategy. Ishiba, formerly the Japanese Defense Minister, is set to take office next week after winning the LDP leadership race. According to […]

NEW YORK, Thursday, June 20, 2024 – A proposed $30 billion settlement between Visa, Mastercard, and merchants to limit credit and debit card swipe fees is in jeopardy of being thrown out by a federal  judge. US District Judge Margo Brodie in Brooklyn signaled her intention to reject the agreement during a hearing on Thursday, […]

Catenaa, Thursday, November 28, 2024-Tron founder Justin Sun announced his company has acquired $30 million worth of World Liberty Financial tokens, the cryptocurrency project backed by President-elect Donald Trump. The investment makes Tron the largest stakeholder in the project, Sun revealed on Monday.  “We are thrilled to invest $30 million in World Liberty Financial as […]

New York, Tuesday, October 15, 2024- Vice President Kamala Harris has introduced a cryptocurrency regulatory framework as part of her “Opportunity Agenda for Black Men,” seeking to address the increasing involvement of Black Americans in digital assets. According to her campaign, over 20% of Black Americans own crypto. This move comes less than a month […]

Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]

LONDON, Monday, May 27, 2024- The London Stock Exchange (LSE) will commence trading for exchange-traded notes (ETNs) based on Bitcoin (BTC) and Ether (ETH) tomorrow Tuesday, May 28, 2024. It is important to note that participation in this market will be limited to professional investors. The London stock Exchange announced in March. The move follows […]

New York, Friday, September 27, 2024 – The U.S. Securities and Exchange Commission (SEC) announced a settlement with Mango DAO, Mango Labs LLC, and Blockworks Foundation on Friday over allegations that the MNGO token was an unregistered security. The settlement includes the destruction of MNGO tokens, a request to crypto exchanges to halt trading the […]

NEW YORK, DC, Thursday, August 15, 2024- Marathon Digital Holdings, one of the largest Bitcoin miners, has acquired $249 million worth of Bitcoin following a $300 million note sale aimed at expanding its business. The company announced on August 14 that it used part of the proceeds to purchase approximately 4,144 Bitcoins at an average […]

New York, Friday, September 13, 2024— Mastercard has agreed to acquire threat intelligence firm Recorded Future from Insight Partners for $2.65 billion. The acquisition will significantly bolster Mastercard’s cybersecurity capabilities, aligning with the company’s push toward expanding value-added services (VAS). This deal brings enhanced threat intelligence to Mastercard, which processed $9 trillion in gross dollar […]

Catenaa, Friday, December 06, 2024- MatterFi, a decentralized finance infrastructure provider, unveiled its new platform on Tuesday, aiming to secure digital transactions against rising cybersecurity risks. The system targets vulnerabilities such as phishing, hacking, and SIM swaps while simplifying financial operations for users.  The platform features a “Send-to-Name” solution, which replaces traditional wallet addresses with […]

Catenaa, Monday, January 20, 2025- Melania Trump, the incoming first lady, launched a cryptocurrency called MELANIA on Sunday, just days after President-elect Donald Trump’s meme coin TRUMP ignited a market frenzy. MELANIA surged past $5 per token shortly after its debut, giving it a fully diluted market valuation of over $5 billion.  The launch has […]

New York, Thursday, October 31, 2024-Meta Platforms (META) exceeded Q3 earnings estimates, reporting adjusted earnings of $6.03 per share, surpassing the Zacks Consensus Estimate of $5.19 per share by 16.18%.Details of the Q3 can be seen here. This marks an increase from last year’s $4.39 per share. Revenue also beat expectations, reaching $40.59 billion, a […]

New York, Monday, October 28, 2024-Microsoft has urged shareholders to vote against a proposal to assess Bitcoin as a diversification tool at the upcoming annual meeting on December 10, according to a recent SEC filing. Microsoft submitted a Schedule 14A form to the SEC, outlining proposals for its December 10th annual shareholder meeting. One proposal […]

Catenaa, Wednesday,  December 11, 2024 – Microsoft shareholders have voted against a proposal to add Bitcoin to the company’s balance sheet, citing concerns over the cryptocurrency’s volatility and aligning with the board’s recommendation during its annual meeting on Tuesday.  The proposal, brought forward by the National Center for Public Policy Research (NCPPR), argued that diversifying […]

Catenaa, Tuesday, December 10, 2024-Business intelligence firm MicroStrategy announced Monday that it purchased 21,550 bitcoin for approximately $2.1 billion in cash between December 2 and December 8, 2024. The acquisition, made at an average price of $98,783 per coin, represents one of the company’s largest investments in the cryptocurrency to date. The purchase was funded […]

New York, Thursday, October 31, 2024-Enterprise software firm MicroStrategy, the biggest Bitcoin holder again yesterday announced that it had enlisted banks to assist in raising $42 billion through new stock and fixed-income sales to expand its cryptocurrency reserves. The “21/21 Plan” could see the company generating $21 billion from stock sales and an additional $21 […]

Catenaa, Tuesday, December 03, 2024-MicroStrategy, the largest corporate holder of Bitcoin, announced its purchase of an additional 15,400 Bitcoins for $1.5 billion, bringing its total holdings to 402,100 Bitcoins, valued at $38 billion. The acquisition, completed at an average price of $95,976 per coin, marks the company’s fourth consecutive week of significant Bitcoin investments.  According […]

New York, Wednesday, September 25, 2024-MicroStrategy’s financial profile could significantly strengthen as the company continues to expand its Bitcoin holdings and explore potential yield-generation strategies through lending, a report by Benchmark said. Reports said that last week MicroStrategy (MSTR) purchased 7,420 Bitcoin for $458 million, bringing its total Bitcoin holdings to 252,220 BTC, valued at […]

TYSONS CORNER, Va. Friday, June 14, 2024- Business intelligence company MicroStrategy announced plans to raise $500 million through a private offering of convertible senior notes. The company intends to use the proceeds to acquire more Bitcoin and for general corporate purposes. Due in 2032, the notes will be offered to qualified institutional buyers and convertible […]

Sydney, Australia, Tuesday, October 15, 2024- Monochrome Asset Management launched Australia’s first exchange-traded fund (ETF) directly holding Ether (ETH) earlier today. The Monochrome Ethereum ETF (IETH) began trading on the Sydney-based Cboe Australia with initial net assets reaching $176,600 (AUD 262,500) by 2 PM local time. The IETH ETF offers dual-access options, allowing for both […]

Catenaa, Sunday, December 08, 2024 – Namada, a cutting-edge shielded asset hub, has launched its mainnet with the publication of its genesis block, a media release said. This milestone introduces shielded cross-chain transactions, offering advanced data protection and selective disclosure across multiple blockchain networks. Namada’s debut initiates the first of five phases in a decentralized […]

LAGOS, Nigeria, June, Thursday 27, 2024 – Nigerian authorities have issued a 30-day deadline for cryptocurrency companies operating in the country to re-register under a new regulatory regime. The Securities and Exchange Commission (SEC) announced the directive on Thursday, aiming to bring greater oversight to the growing cryptocurrency industry in Nigeria. Details regarding the specific […]

Hong Kong, Tuesday, January 30- The Annual WikiFinance Expo Hong Kong will be held on May 17, 2024, at Sky100, Hong Kong, WikiFinace’s website announced recently. Registrations are still open. The annual event will cover Fintech, Blockchain, Crypto, Web 3.0, Metaverse, NFT, GameFi, and AI. More than 3,000 participants are expected, while more than 50 speakers […]

Catenaa, Wednesday, November 20, 2024 – Crypto exchange OKX has introduced instant deposits and withdrawals for Singapore dollar (SGD) transactions, integrating local payment systems PayNow and FAST to facilitate smoother financial interactions. Partnering with DBS Bank, OKX now allows direct SGD transfers for customers with accounts linked to PayNow’s network.  The move enhances Singaporeans’ access […]

Catenaa, Wednesday, November 20, 2024- Options trading for BlackRock’s iShares Bitcoin Trust (IBIT) is set to begin today on Nasdaq, with Bitwise Bitcoin ETF options scheduled to follow on Wednesday. This significant milestone is expected to amplify institutional interest in cryptocurrency markets, as options trading for Bitcoin exchange-traded funds (ETFs) becomes a reality.  The US […]

Islamabad, Pakistan, Tuesday, January 9, 2024– Pakistan recently adopted a blockchain-based Know Your Customer (KYC) platform for its financial institutions, a move aimed at enhancing efficiency and security, news reports said. Developed by Avanza Group in collaboration with the Pakistan Banks’ Association (PBA), the platform, known as “Consonance,” offers advantages over traditional KYC methods. Consonance […]

Catenaa, Thursday, December 05, 2024-US President-elect Donald Trump has officially nominated Paul Atkins to serve as the next Chairman of the Securities and Exchange Commission (SEC), confirming the move through a Truth Social post on Tuesday. The announcement underscores a potential shift in SEC priorities, with a renewed focus on digital assets and fostering innovation […]

New York, Friday, October 4, 2024- PayPal has completed its first business transaction using its proprietary PYUSD stablecoin, paying an invoice to Ernst & Young. The Silicon Valley-based digital payments firm used the transaction to demonstrate the ease of using PYUSD for commercial payments. Bloomberg reported that the funds were transferred through an enterprise-level digital currency […]

New York, Thursday, September 26, 2024-PayPal has announced a major expansion in its cryptocurrency services, allowing U.S. business accounts to buy, sell, hold, and transfer digital assets.PayPal’s announcement can be reached here. The move, part of PayPal’s growing digital presence, will soon enable millions of merchants across the United States to use cryptocurrencies more freely […]

San Jose, September 12: Global online payment giant PayPal unveiled a new capability on September 11, enabling web3 merchants in the United States to accept cryptocurrency payments from their customers. The feature, known as “PayPal On and Off Ramps,” seamlessly integrates with PayPal’s existing service that permits U.S. consumers to purchase and trade cryptocurrencies backed […]

Catenaa, Wednesday, December 18, 2024 – The Pi Network team has issued critical safety alerts for its vast community of users, urging reliance solely on official communication channels and emphasizing the use of the authentic Pi Wallet within the Pi Browser. The team highlighted the risks of counterfeit wallets, noting that the genuine Pi Wallet […]

Understanding Privacy Blockchains and Their Role in Data Security Data security is a top issue for both individuals and corporations in the modern digital era. Privacy Blockchains, or privacy-focused blockchains, are one new technology that could be considered a possible solution to this problem. Blockchains for privacy are decentralized networks that protect the integrity and […]

New York, Friday, October 11, 2024- Digital asset infrastructure provider Ripple said it had introduced new functionalities to its custody service, aiming to deliver “bank-grade” security to cryptocurrency firms. These enhancements include integration with the XRP Ledger (XRPL), offering companies expanded liquidity and the ability to tokenize real-world assets (RWAs). The XRP token surged by […]

Catenaa, Wednesday, November 27, 2024-  Ripple announced the launch of a tokenized money market fund on the XRP Ledger on Monday, marking a significant milestone in the integration of blockchain with traditional financial products.  The initiative, developed in partnership with Archax, the UK’s first Financial Conduct Authority-regulated digital asset exchange, brings tokenized access to abrdn’s […]

NEW YORK, Thursday, August 08, 2024 – Ripple Labs will pay a $125 million penalty to the Securities and Exchange Commission(SEC) to settle charges of illegally selling the XRP cryptocurrency. The SEC alleged that Ripple raised more than $1.3 billion through unregistered securities offerings. The penalty is significantly lower than the $2 billion originally sought […]

New York, Sunday, October 6, 2024-Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions between Brazil and Portugal using blockchain technology. The partnership will allow Mercado Bitcoin to streamline its internal treasury operations, testing Ripple’s platform for efficiency. Initially, this will be for institutional use between Mercado […]

New York, October 20, 2023: The US Securities and Exchange Commission (SEC) on October 20 agreed to dismiss its lawsuit against Ripple Labs, Inc., the company behind the XRP cryptocurrency. The SEC had alleged that Ripple sold XRP as an unregistered security, but the company has denied the allegations. The settlement between the SEC and […]

Singapore, Wednesday October 4 — Ripple and Coinbase, two of the world’s leading cryptocurrency companies, have received licenses to operate in Singapore. The Monetary Authority of Singapore (MAS) announced on October 3, 2023 that Ripple and Coinbase had been granted Major Payment Institution (MPI) licenses. This license allows companies to provide a wide range of […]

New York, Monday, October 21, 2024 – Russian President Vladimir Putin had revealed a plan for BRICS countries to adopt digital currencies as an investment tool, aimed at reducing dependence on Western financial systems during a BRICS media meeting on Friday, October 18. At the meeting Putin emphasized the proposal’s goal to drive economic growth […]

NEW YORK, October 12, 2023 — Caroline Ellison, the former CEO of Alameda Research, testified on Thursday, October 12, against Sam Bankman-Fried in the FTX lawsuit in a federal court. Ellison is a cooperating witness in the government’s case against Bankman-Fried, who is charged with fraud and money laundering in connection with the collapse of […]

London, Wednesday, November 06, 2024 – Zodia Custody, the crypto custody firm supported by Standard Chartered, is in advanced talks to raise $50 million as part of its plan to expand geographically and enhance its digital asset storage services. According to Bloomberg, CEO Julian Sawyer stated that Zodia is seeking investment to strengthen its custody […]

New York, Tuesday, September 24, 2024-The US Securities and Exchange Commission (SEC) has approved Nasdaq’s International Securities Exchange (ISE) to list and trade options on BlackRock’s iShares Bitcoin Trust (IBIT).This significant move follows months of review and signals growing acceptance of Bitcoin derivatives in the financial sector. BlackRock initially submitted the proposal in March 2024, […]

Washington, Tuesday, August 13, 2024- The Securities and Exchange Commission (SEC) on Monday charged a multi-level marketing company, NovaTech, and its principals with defrauding more than 200,000 investors worldwide of over $650 million in cryptocurrency. The full text of the SEC Press Release can bee seen here. Cynthia and Eddy Petion, the company’s founders, are […]

Catenaa, Sunday, January 19, 2025 –The US Securities and Exchange Commission has formally appealed a 2023 district court ruling that partially favored Ripple Labs, focusing on whether XRP sales to retail investors qualify as unregistered securities transactions.  The SEC argues that Ripple’s promotional efforts created profit expectations, meeting the “investment contract” definition under the Howey […]

WASHINGTON, DC, Friday, May 24, 2024- In a surprise move, the Securities and Exchange Commission (SEC) on Thursday, May 23 approved applications for several spot Ethereum ETFs (exchange-traded funds). The approval applies to exchange listings from Nasdaq, CBOE, and NYSE. The move follows months of delays and a lack of clear guidance from the SEC […]

WASHINGTON, Wednesday, July 31, 2024 – The U.S. Securities and Exchange Commission (SEC) intends to amend its lawsuit against Binance, the world’s largest cryptocurrency exchange, including revisions related to “Third Party Crypto Asset Securities,” according to a court filing on Tuesday. The court filing can be reached here. The decision could delay any court ruling […]

Washington, Wednesday, November 06, 2024– The US Securities and Exchange Commission (SEC) has initiated a formal 240-day review period for Grayscale Investments’ proposal to uplist its Digital Large Cap Fund (GDLC) as an exchange-traded product (ETP) on NYSE Arca, according to a company update. The application, filed by NYSE Arca in October, aims to convert […]

New York, Friday, October 11, 2024-The US Securities and Exchange Commission (SEC) has filed a lawsuit against crypto market maker Cumberland DRW, accusing the firm of operating as an unregistered securities dealer. The SEC alleges that Cumberland traded over $2 billion in crypto assets, which should have been registered as securities, since 2018. Cumberland promoted […]

Catenaa, Saturday, January 18, 2025 –The US Securities and Exchange Commission(SEC) is set to reassess its cryptocurrency policies following the inauguration of President-elect Donald Trump next week, signaling potential relief for the crypto industry. SEC commissioners Hester Peirce and Mark Uyeda, both advocates for clearer crypto regulations, are expected to revise enforcement actions and redefine […]

New York, Sunday, November 03, 2024-The US Securities and Exchange Commission (SEC) has issued a Wells Notice to Ethereum-based gaming company Immutable, suggesting it may face legal action for alleged securities law violations connected to its IMX token sales. The SEC’s notice also included a letter to Immutable’s CEO, James Ferguson, and the Digital Worlds […]

New York, Friday, September 19, 2024-A federal judge has dismissed Consensys’ lawsuit against the Securities and Exchange Commission (SEC), which challenged the SEC’s stance on Ethereum (ETH) and its scrutiny of MetaMask’s Swap and Staking features. The suit, filed in April 2024, claimed the SEC was improperly treating Ethereum as a security, while also focusing […]

Singapore, Wednesday, November 06, 2024 – The Monetary Authority of Singapore (MAS) yesterday announced new measures to accelerate asset tokenization, aiming to transform the nation’s financial services landscape. Under its flagship Project Guardian, MAS plans to support tokenized asset markets through the establishment of commercial networks and infrastructure. As an initial step, MAS will create […]

Catenaa, December 26, 2024 – Singapore and Hong Kong have emerged as key players in cryptocurrency regulation in 2024, implementing frameworks for exchanges, stablecoins, and asset tokenization.  Singapore strengthened its oversight in April, introducing stricter rules for crypto custodial services and tokenized payments. The Monetary Authority of Singapore’s Project Guardian has completed over 15 industry […]

Catenaa, Sunday, November 17, 2024-SingularityNET, a decentralized AI network, and the ASI Alliance have launched AIRIS, the first self-learning proto-AGI, within Minecraft. Unlike traditional game AI, AIRIS adapts and creates its own rules in real time, evolving through experiences and challenges within the game. AIRIS—short for Autonomous Intelligent Reinforcement Inferred Symbolism—works autonomously without pre-set rules, […]

Catenaa, Sunday, November 24, 2024-Sky, the decentralized finance (DeFi) lending protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. This marks USDS as the first major DeFi-native stablecoin on Solana, opening new avenues for borrowing, lending, and trading on the platform’s leading DeFi networks. Sky’s move aims to enhance […]

New York, Saturday, November 09, 2024- Solana reached a milestone today, crossing the $200 mark amid a bullish wave in the crypto market spurred by former US President Donald Trump’s election victory. Bitcoin also set a new all-time high of $76,873 earlier in the day. Solana, which saw a 6.2% gain in the last 24 […]

New York, Tuesday, November 05, 2024- South Korea’s newly established Virtual Assets Committee is set to initiate a high-stakes discussion on Bitcoin Spot ETF approval when it convenes for the first time on tomorrow (November 6). Operating under the Financial Services Commission (FSC), the committee will also explore regulations permitting South Korean companies to utilize […]

Seoul, Friday, November 8, 2024 – In a significant step forward for central bank digital currencies (CBDC), several major South Korean banks and retailers are collaborating with the Bank of Korea (BOK) in an extensive “real-world” pilot program. Leading banks such as Kookmin Bank, Shinhan Bank, and Nonghyup Bank, as well as retail giants like […]

Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]

New York, Monday, October 28, 2024- A recent report by the Bitcoin Policy Institute suggests central banks consider Bitcoin as a hedge against rising inflation and geopolitical risks. Authored by economist Matthew Ferranti, the report titled The Case for Bitcoin as a Reserve Asset argues that Bitcoin could serve as a strategic reserve, potentially protecting […]

Catenaa, Thursday, December 12, 2024- The US Supreme Court on Wednesday declined to block a class-action lawsuit against Nvidia Corp., allowing investors to proceed with claims that the chipmaker misled them about its dependency on cryptocurrency mining.  The high court dismissed Nvidia’s appeal as “improvidently granted,” leaving in place a prior federal appeals court ruling […]

New York, Friday, August 16, 2024- Switzerland is exploring the inclusion of cryptocurrency tax data in its international information exchange protocols. On Wednesday August 14, the Federal Council initiated a consultation process for a new bill that aims to facilitate the sharing of crypto asset information with 111 jurisdictions. These jurisdictions are part of the […]

GENEVA/LONDON, Monday, June 24, 2024-Central banks in Europe took divergent paths last week with the Swiss National Bank (SNB) lowering its key interest rate for the second time this year, while the Bank of England opted to hold rates steady. The SNB cut its policy rate by 25 basis points to 1.25%, citing a further […]

Catenaa, Tuesday, December 03, 2024-The Swiss canton of Bern has approved a groundbreaking bill to investigate Bitcoin mining as a means of utilizing surplus electricity, despite initial resistance from the local government. Proposed by a pro-crypto Parliamentary Group in March, the legislation gained strong support from the 160-member local parliament. This initiative aims to position […]

Taipei, Saturday October 5, 2024 – Taiwan’s Financial Supervisory Commission (FSC) has introduced new anti-money laundering (AML) regulations for virtual asset service providers (VASPs), setting a September 2025 deadline for full compliance. Firms failing to meet these requirements could face fines of up to NT$5 million ($155,900) or a two-year prison term. The updated regulations, […]

Taipei, Sunday, October 13, 2024-Taiwan Financial Supervisory Commission (FSC) is set to launch a pilot program for institutional cryptocurrency custody services in early 2025. The initiative, aimed at promoting institutional adoption of crypto, has already attracted interest from three private banks, which are expected to participate in the trial. As reported by local media, participating […]

New York, Tuesday, October 08, 2024-A new United Nations report highlights that the encrypted messaging platform Telegram is becoming a hub for organized crime in Southeast Asia, exacerbated by the legal issues surrounding its founder, Pavel Durov. Released on October 7, the report emphasizes that underregulated platforms like virtual asset service providers (VASPs) are being […]

New York, Sunday, November 03, 2024-Franklin Templeton has announced the expansion of its OnChain US Government Money Market Fund (FOBXX) to Coinbase’s Ethereum scaling network, Base. This strategic move, announced on Thursday, allows the asset manager’s flagship crypto product to reach a broader audience on a platform designed for efficient and cost-effective development of crypto […]

Catenaa, Friday, Janury 3, 2025- Do Kwon, co-founder of Terraform Labs, entered a not-guilty plea in a Manhattan federal court Thursday after being extradited from Montenegro earlier this week. Kwon faces multiple criminal charges, including securities fraud, market manipulation, and conspiracy to commit money laundering, stemming from the collapse of the TerraUSD (UST) stablecoin in […]

New York, Thursday, October 24, 2024-Tesla’s 11,509 bitcoins, valued at approximately $776.9 million, remain intact despite last week’s significant wallet movements, according to analytics firm Arkham Intelligence. The firm clarified that the movements, which sparked speculation of a potential sale, were merely “wallet rotations,” ensuring the company still holds the same amount of Bitcoin. On […]

Binance, Bybit Suspend Trading on TON New York, Wednesday, August 28, 2024- The Open Network (TON) blockchain faced a major disruption on Wednesday, halting the validation of new transactions for over six hours. The team attributed the issue to an unusually high load on the network, which prevented several validators from cleaning the database of […]

Finalised Regulations to be Published on Sunday July 7 WASHINGTON, Friday, July 5, 2024- The U.S. Department of the Treasury and the Internal Revenue Service (IRS) on Wednesday June 26 finalized regulations implementing the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets, a media statement issued by Department of […]

Catenaa, Friday, December 06, 2024-Former PayPal COO and venture capitalist David Sacks has been appointed by Donald Trump as the White House’s Artificial Intelligence and cryptocurrency “Czar.” The nomination, announced Thursday, reflects Trump’s ongoing pattern of rewarding major political donors with influential positions. Sacks, a prominent Silicon Valley figure and host of the popular podcast […]

Catenaa, Thursday, November 28, 2024 (Wrapup)- President-elect Donald Trump is reportedly considering several candidates to replace Gary Gensler as chair of the US  Securities and Exchange Commission (SEC).Among the frontrunners are Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Kirkland & Ellis. Other potential candidates include Robinhood […]

New York, Friday, August 23, 2024-Former President Donald Trump announced on Thursday the launch of a new cryptocurrency platform, named The DeFiant Ones, targeting unbanked and underserved communities. This comes in the wake of reports that emerged on August 16 on the financial disclosures which revealed that Trump held at least $1 million in cryptocurrency, […]

Catenaa, Saturday, December 14, 2024 – World Liberty Financial, the cryptocurrency project supported by President-elect Donald Trump, purchased $5 million worth of Ethereum (ETH) on Wednesday, according to onchain data. The acquisition raises the project’s ETH holdings to over $50 million, out of a total $73 million in cryptocurrency assets.  The transactions were carried out […]

Catenaa, Saturday, November 23, 2024-Donald Trump’s social media company, Truth Social, is reportedly in “advanced talks” to acquire Bakkt, a crypto platform founded by the Intercontinental Exchange (ICE) in 2018. The acquisition, if completed, would be an all-stock deal, with Trump Media and Technology Group, which Trump holds a 53% stake in, purchasing the platform […]

New York, Monday, October 14, 2024-  World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump and his family, will launch the public sale of its WLFI tokens tomorrow (October 15, 2024). This project, which opened its whitelist on September 30, has already attracted thousands of signups, demonstrating significant interest […]

Taipei, Thursday, November 07, 2024 – Taiwan Semiconductor Manufacturing Co. (TSMC) is set to double its production capacity for advanced chip packaging by 2025, a move driven by escalating demand for artificial intelligence (AI) chips from tech giants like Nvidia, Microsoft, Amazon, and Alphabet. The company’s advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology is increasingly sought after […]

ANKARA, Turkey, Tuesday, January 16, 2024 – Turkey is nearing the final stages of technical studies for establishing crypto asset regulations, Finance Minister Mehmet Şimşek said on Wednesday, January 10, 2024, at a public gathering. Şimşek stated that the government aimed to finalize the technical studies “within the next few months,” indicating a potential swift […]

Catenaa, Friday, November 29, 2024-A report by the UK’s Financial Conduct Authority (FCA) revealed that 12% of UK adults, or approximately 7 million people, now own cryptocurrency, up from 10% in 2022. The average value of crypto holdings rose to £1,842, with a growing percentage of investors holding assets worth £5,001 to £10,000. The study can […]

Curve Finance is an exciting, decentralized finance (DeFi) protocol that empowers you to effortlessly exchange stablecoins within the Ethereum ecosystem. Now, you might be wondering, what exactly is DeFi? It stands for decentralized finance, and it’s all about financial freedom! DeFi is a groundbreaking concept built on secure distributed ledgers similar to those used by […]

New York, Tuesday, October 08, 2024-A U.S. bankruptcy judge has approved the reorganization plan for FTX, marking a significant step in the aftermath of the crypto exchange’s collapse two years ago amid allegations of fraud. Judge John Dorsey, presiding over the case in the District of Delaware, confirmed the plan during a hearing on October […]

New York, Monday, October 28, 2024 – US authorities are intensifying scrutiny on Tether, the issuer of the world’s largest stablecoin, over potential involvement in criminal activities, according to The Wall Street Journal. The US Attorney’s Office for the Southern District of New York is reportedly examining whether third parties are using Tether’s USDT stablecoin […]

New York, Friday, September 27, 2024-The US Department of Justice (DOJ) has seized the domains of three cryptocurrency exchanges linked to a Russian money laundering network, the DOJ said in a media statement. The platforms, UAPS, PM2BTC, and Cryptex, are accused of facilitating over $800 million in illicit transactions. Authorities acted on court orders to […]

Catenaa, Monday, December 09, 2024-The US Senate Banking Committee is scheduled to vote on December 11 regarding the renomination of Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her strong opposition to cryptocurrency developments. Crenshaw, who joined the SEC in 2020, has been vocal in her criticism of crypto-related initiatives. Earlier this year, […]

New York, Tuesday, October 22, 2024-The US government yesterday announced that it is finalizing rules to ban specific investments in artificial intelligence (AI) in China. The move, which also requires US investors to notify the Treasury Department about certain investments in sensitive technologies, follows an executive order signed by President Joe Biden in August 2023. […]

New York, Saturday, November 02, 2024- The US Treasury Department recommended that private stablecoins be replaced by a Central Bank Digital Currency (CBDC), citing concerns over the stability of the stablecoin market in its latest report, on October 31.  The Treasury’s 132-page report highlighted the extensive purchase of US Treasury bonds by stablecoin issuers, with […]

Catenaa, Monday, December 09, 2024-The US Treasury has officially referred to Bitcoin as “digital gold” following its explosive price surge, which recently saw the cryptocurrency cross the $100,000 threshold. The recognition marks a significant shift in the way the US government views Bitcoin, particularly as its market value continues to soar amid growing institutional interest. […]

New York, Thursday, October 24, 2024-The US Department of the Treasury used machine learning AI to detect and recover more than $4 billion in fraudulent or improper payments in 2024, a dramatic six-fold increase from $652.7 million in 2023. The Treasury’s Office of Payment Integrity (OPI), part of the Bureau of the Fiscal Service, credits […]

New York, Wednesday, August 6, 2024- The seven most valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday, deepening a market downturn that has pushed the Nasdaq into correction territory. The tech-heavy index dropped more than 3% following its steepest three-week slide in two years, […]

Catenaa, Friday, January 17, 2025-Investment manager VanEck has filed a prospectus with the US Securities and Exchange Commission for its new “Onchain Economy” ETF, aiming to invest in companies shaping the digital asset ecosystem.  The proposed fund would allocate at least 80% of its net assets to firms in the digital transformation space, including cryptocurrency […]

New York, NY, Friday, June 28, 2024-In a move signaling broader acceptance of cryptocurrencies, VanEck, a New York-based investment firm, filed a proposal with the Securities and Exchange Commission (SEC) to launch the first-ever U.S. exchange-traded fund (ETF) for Solana (SOL). The VanEck Solana Trust, if approved, would offer investors direct exposure to SOL, the […]

CARACAS, Venezuela, Wednesday, August 13, 2024-  Venezuela has blocked access to Binance, the world’s largest cryptocurrency exchange by volume, amid a wave of civil unrest and soaring inflation following a contentious presidential election. The disruption has sparked concern among Venezuelan crypto users, who rely on such platforms as a hedge against the country’s volatile economic […]

California, September 12: Global Payments giant Visa announced in early September that it would expand its stablecoin capabilities to the Solana network. Visa made the announcement on September 5, 2023, regarding its expansion of stablecoin settlement functionalities by incorporating Circle’s USDC on the Solana blockchain. Solona’s price jumped in the first week of September following […]

New York, Sunday, October 06, 2024-Visa has announced its upcoming global Visa Tokenized Asset Platform (VTAP), set to launch in 2025, which will enable banks to issue and manage fiat-backed stablecoins and other digital tokens. The platform, currently in the testing phase, will allow banks to mint, burn, and transfer stablecoins for internal operations. BBVA, […]

New York, Wednesday, October 16, 2024-World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump, has raised $9.15 million on the first day of its public WLFI token sale, reports say. “About 610 million WLFI tokens had been sold as of 7:25 p.m. ET, with 19.4 billion tokens remaining. At […]

Zurich, Switzerland, Thursday, September 05, 2024- Zurich Cantonal Bank (Zürcher Kantonalbank or ZKB) yesterday announced that it had introduced trading and custody services for Bitcoin (BTC) and Ethereum (ETH) service for its retail clients and third-party banks. ZKB is ranked as the world’s second safest bank by Global Finance  and is the fourth-largest bank in […]

Catenaa, Wednesday, December 06, 2024-Ripple’s XRP soared 30% Monday, overtaking Tether (USDT) to become the third-largest cryptocurrency by market capitalization. The token’s market cap reached $137.4 billion, surpassing USDT’s $134.3 billion, as XRP climbed to $2.46. This marks a 375% surge in XRP’s value over the past month.  The rally was fueled by multiple developments, […]

Singapore, Singapore, October 8, 2024 — Bitstamp has listed XSGD, a Singapore Dollar-pegged stablecoin created by StraitsX. This move is set to enhance cross-border payments and efficient alternative to traditional financial systems. XSGD, backed 1:1 by the Singapore Dollar and fully supported by reserve assets, aims to provide stability and confidence for global users. With […]