Crypto News

Japan’s FSA Moves To Reduce Tax Cut From 55% To 20% For 105 Cryptocurrencies By Categorising Them As Financial Products

According to a report from local news outlet Asahi Shimbun, Japan's Financial Services Agency (FSA) is attempting to put leading cryptocurrencies under the same...

Binance Co-Founder CZ Says “Haven’t Asked Yet” On Getting Its $4.3B Refund From U.S. DOJ, Promises To Spend In America If It Happens

In a brief but widely shared exchange on X (Twitter) today, the co-founder of Binance, Changpeng Zhao (CZ), responded to a question about whether...

Jack Dorsey’s Cash App Adds Stablecoin Transfers Along With Bundled Release With 11 Product Updates

Cash App, a popular payments platform, released a number of product upgrades on Thursday, including a functionality for bitcoin and stablecoin payments. The Cash...

UFC’s Parent Company Signs Multilayer Exclusive Deal With Polymarket As Prediction Markets Ramp Up U.S. Push

In order to introduce real-time prediction markets into live combat sports, TKO Group Holdings, the parent company of the UFC and Zuffa Boxing, has...

Bitcoin Slides Down To $97,000 As Total Liquidations Surge Over $311M After End Of U.S. Government Shutdown

As the world's top cryptocurrency continues to reach lower lows throughout the previous month, the price of Bitcoin dropped, approaching the $97,000 barrier, indicating...

Bitfarms (TSE:BITF) Shares Plunge 18% As It Pivots From Bitcoin Mining To AI, To Convert 18 MW Washington Site

Bitfarms (TSE:BITF) announced to convert its Bitcoin mining activities into artificial intelligence and high-performance data centres over the next two years, and soon after,...

Hyperliquid’s HLP Vault Drained For Nearly $5M After Attacker Burns $3M In POPCAT Memecoin

Nearly $5 million was lost from Hyperliquid's Hyperliquidity Provider (HLP) vault as a consequence of a concerted attack against the decentralised derivatives platform. Lookonchain...

Elon Musk Unveils XChat, A “Bitcoin-style” Peer-To-Peer Encrypted Messaging App On X & As A Standalone Rival To WhatsApp & Telegram

Elon Musk announced plans to release a new messaging software dubbed "XChat" to compete with WhatsApp and Telegram, as part of his larger effort...

Tokyo Exchange Operator Sets Tighter Rules To Curb Listed Companies’ Crypto Hoarding

Japan's major stock exchange operator is considering new limitations on publicly traded businesses that focus their principal business on purchasing and storing cryptocurrency, indicating...

Dubai DIFC Court Orders Worldwide Freeze Of $456M Tied To TrueUSD Reserve Dispute After Justin Sun Bailout

In a recent event, $456 million in assets connected to the alleged theft of TrueUSD (TUSD) stablecoin reserves have been frozen by a judge...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...