Cryptocurrency News

Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations. Opinion by: Mohammed AlKaff AlHashmi, Co-founder of Haqq Network.The world is now embracing the evolution of Web3. Meanwhile, in Indonesia, there is nothing short of a Web3 revolution taking place. With its remarkable level of crypto adoption,…Read More

Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $30 billion in total value locked (TVL), Bitcoin decentralized finance (Bitcoin defi) is quickly becoming a profitable trend, but exaggerated TVL numbers from questionable…Read More

Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like…Read More

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment…Read More

The US Securities and Exchange Commission alleges Musk violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022. Update (Jan. 15, 1:40 am UTC): This article has been updated to add more information from the SEC’s filing and a response from Elon Musk’s lawyer.The US…Read More

Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection. The floor price of the CryptoPunks non-fungible token collectibles increased 13% in three hours on rumors that its owner, Yuga Labs, might be “in the process” of selling CryptoPunks intellectual property rights.The rumor…Read More

The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports. The US Commodity Futures Trading Commission is reportedly deliberating whether it should look into the legality of Crypto.com’s futures contracts allowing bets on football matches, including the upcoming Super Bowl.The five CFTC…Read More

QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate…Read More

According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days. Though party leadership at the US Securities and Exchange Commission (SEC) will change hands on Jan. 20, the regulator appeared to be moving forward with its…Read More

Bitcoin Magazine aims to aim to equip a minimum of one million Japanese with the knowledge and tools to be a part of the bitcoin revolution. Metaplanet Takes Another Big Step to Advance Bitcoin Adoption Bitcoin Magazine Japan is a new media platform by Metaplanet that aims to help one million Japanese people understand and…Read More