Binance Executive Pleads for Help in Nigerian Court

September 3, 2024

Gambaryan, detained since February, struggled to walk after being denied a wheelchair by prison authorities ABUJA, Nigeria, Tuesday, September 03, 2024- Tigran Gambaryan, the top executive at cryptocurrency exchange Binance, pleaded for help in an Abuja courtroom on Monday, citing severe health problems, reports said.   Reports said that Gambaryan, detained since February, struggled to […]

Bitcoin Surges Past $100,000 as Trump Picks Pro-Crypto SEC Chair

December 6, 2024

Catenaa, Friday, December 06, 2024- Bitcoin surged past $100,000 for the first time late Wednesday, hitting a new record just hours after President-elect Donald Trump named Paul Atkins, a crypto advocate, as his choice to lead the Securities and Exchange Commission (SEC). Bitcoin’s surge to $100,000 follows a rally that began after Trump’s election victory […]

Bitcoin Surges to $98,800 as SEC Shake-Up Sparks Optimism

November 22, 2024

Catenaa, Friday, November 22, 2024-Bitcoin reached a record high of $98,800 on Thursday (21) after the Securities and Exchange Commission announced Chair Gary Gensler will step down effective January 20, the same day President-elect Donald Trump is inaugurated. The cryptocurrency has surged 40% since Trump’s victory earlier this month, buoyed by expectations of a more […]

BlackRock Gains $1.1B as Bitcoin Hits New High

November 8, 2024

New York, Friday, November 08, 2024-BlackRock attracted over $1.1 billion in inflows to its spot Bitcoin ETF (IBIT) as Bitcoin surged to new heights. On November 7, IBIT led the US market with approximately 82% of total inflows to spot Bitcoin ETFs, which collectively amassed $1.34 billion, according to Farside data. Bitcoin nearly hit $77,000, […]

China Includes Virtual Asset Into Its Anti Money Laundering Law

August 22, 2024

BEIJING, China, Thursday, August 22, 2024- China has officially recognized virtual asset transactions as potential vehicles for money laundering, expanding its anti-money laundering (AML) laws to cover these activities. The Supreme People’s Court and the Supreme People’s Procuratorate announced the new interpretation of AML laws on August 19. The announcement can be reached here. This […]

China’s Advisers Urge 5% Growth Target for 2025, Stronger Stimulus

November 22, 2024

Catenaa, Friday, November 22, 2024- Chinese government advisers have recommended setting a 5% economic growth target for 2025, proposing robust fiscal stimulus to counter the potential impact of U.S. tariffs under President-elect Donald Trump. Four out of six advisers favor the 5% goal, while others suggest slightly lower targets. The proposals will be discussed at […]

Chinese Exports Set for Record High Amid Looming US Tariff Threats

November 26, 2024

Catenaa, Tuesday, November 26, 2024-Chinese exports are expected to reach a record $3.548 trillion this year as foreign buyers rush to place orders ahead of potential tariff hikes by President-elect Donald Trump, analysts said Friday, November 22 . Export growth is projected to hit 7% in the fourth quarter compared to the same period last […]

Coinbase CEO to Meet Trump Over Key Personnel Appointments

November 20, 2024

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 […]

DOJ Alleges Russian Funding Behind Tenet Media Group

September 11, 2024

New York, Wednesday, September 11, 2024- The Department of Justice (DOJ) had alleged last week a Kremlin-orchestrated influence operation funneled $10 million to Tenet Media, a US-based company linked to right-wing commentators. The DOJ says, the company tied to online personalities with millions of followers, is allegedly funded to push pro-Russian narratives, including support for […]

Gary Gensler to Resign as SEC Chair Amid Crypto Policy Shift

November 22, 2024

Catenaa, Friday, November 22, 2024-Gary Gensler, chairman of the Securities and Exchange Commission, announced he will step down on January 20, coinciding with President-elect Donald Trump’s inauguration. Gensler, known for his aggressive enforcement of cryptocurrency regulations, has clashed with Trump over contrasting views on the industry.  Under Gensler, the SEC led a record 46 enforcement […]

IBM Layoffs Shake Chinese Tech Community

August 28, 2024

Beijing, China, Wednesday, August 28, 2024- IBM has announced significant layoffs at its research and development teams in China, sending shock waves through the local tech community. Over 1,000 employees across Beijing, Shanghai, and Dalian are expected to be affected by the closures of the China Development Lab and China Systems Lab. The decision comes […]

Paul Atkins Tapped for SEC Chair, Boosts Crypto Agenda

December 5, 2024

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 […]

Telegram CEO Indicted in France on Exploitation and Drug Charges

August 29, 2024

PARIS, Thursday, August 29, 2024- — Telegram CEO Pavel Durov who was arrested last week in France, was indicted by a French court yesterday (Wednesday) on charges including “complicity in the spread of sexual images of children” and drug trafficking, Bloomberg reported. Durov, who was taken into custody earlier in the day as part of […]

Texas Lawmaker Proposes Bitcoin Strategic Reserve for State

December 14, 2024

Catenaa, Saturday, December 14, 2024 – A Texas legislator introduced a bill Thursday to establish a state-held Bitcoin strategic reserve, signaling the state’s ambition to further embrace digital assets. The bill, H.B. No. 1598, sponsored by State Representative Giovanni Capriglione, aims to hold Bitcoin in cold storage for at least five years while allowing Texans […]

Trump Eyes New SEC Chair, Focus on Crypto Regulation

November 30, 2024

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 […]

Trump Family Expands Crypto Efforts with DeFi & NFTs

September 2, 2024

New York, Monday, September 02, 2024- Presidential candidate Donald Trump, along with his family and associates, is deepening his involvement in the cryptocurrency world, with a new focus on decentralized finance (DeFi) and non-fungible tokens (NFTs). Recently, Trump has been promoting World Liberty Financial, a DeFi project aimed at eliminating traditional financial intermediaries like banks. […]

Trump Names Scott Bessent as Treasury Secretary in Crypto-Forward Administration

November 25, 2024

Catenaa, Monday, November 25, 2024-President-elect Donald Trump has nominated Scott Bessent, a veteran hedge fund manager and crypto advocate, to serve as Treasury Secretary, his campaign announced Friday. Bessent, who previously served as chief investment officer at Soros Fund Management and founded Key Square Capital Management, has been a vocal supporter of cryptocurrency. He praised […]

Trump Taps Crypto Advocate Howard Lutnick as Commerce Secretary

November 21, 2024

Catenaa, Thursday, November 21, 2024- President-elect Donald Trump on Novermber 19, announced Howard Lutnick, the CEO of Cantor Fitzgerald, as his nominee for Secretary of Commerce. Lutnick, known for his outspoken support of Bitcoin and the cryptocurrency industry, has been a strong advocate for digital assets. His firm, Cantor Fitzgerald, has managed Tether’s U.S. Treasury […]

US Senate to Vote on SEC Nominee Critical of Crypto On December 11

December 9, 2024

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, […]

Venezuela Blocks Binance Access Amid Inflation and Unrest

August 14, 2024

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 […]