Crypto News

The Royal Government Of Bhutan Moves 800 Bitcoin Worth $92.08M While Retaining A Billion-Dollar Treasury

Earlier today, the 18th of August, the Royal Government of Bhutan, the 4th largest government Bitcoin holder, moved 799.69 Bitcoin, worth more than $92...

Crypto Trader Turns $125K Into $6.8M of Profit After Long-Term Long Position on Ethereum ($ETH)

A trader on Hyperliquid grew a $125K deposit into $29.6M in about 4 months by piling into long bets on ETH, Lookonchain reported. The...

Binance Announces Hosting Of Plume Network HODLer Airdrop Ahead Of Listing, $PLUME Jumps By 17%

In a recent development, Binance revealed Plume (PLUME) is the 32nd project on its popular new HODLer Airdrops, officially introducing Plume to the crypto...

Crypto Service Provider Amdax to Launch AMBTS Bitcoin Treasury Firm and Plans to Own 210,000 BTC

Amdax, an Amsterdam-based crypto service provider, said on Monday it will set up a Bitcoin treasury company called AMBTS and aim for a listing...

South Korea’s FSC To Unveil Regulatory Framework For Won-Denominated Stablecoins This October

The Financial Services Commission of South Korea will present a bill on won-backed stablecoins in October in Seoul. The move comes as the government...

Bitcoin Price Dips Below $115K For The First Time This Week As Crypto Marketcap Drops to $4 Trillion

In the early hours of today, the cryptocurrency market took a sharp turn, and Bitcoin (BTC) fell to $114,992 for the first time this...

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...

South Korea’s Jeju City Cracks Down on 2,962 Individuals in Tax Arrears Using Crypto Seizures

Local authorities in Jeju City, South Korea, have launched a sizeable operation to combat delinquent tax payment by identifying cryptocurrency custodians of individuals who...

Story Co-founder Jason Zhao Steps Down To Launch New AI Project Poseidon

Jason Zhao, co-founder of Story, said he is leaving his full-time role to become a strategic adviser and to work on a new AI...

Crypto.com Announces Strategic Partnership With VeChain To Enhance Secure Custody Support For Native Assets

On August 18, Crypto.com confirmed a partnership with the developers of VeChain, which aims to leverage secure custody support for VeChain’s native tokens, VET...
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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...