Alchemy Pay Gains AUSTRAC Approval, Expands Crypto Payments in Australia
With this registration, Alchemy Pay can partner with local payment facilitators, delivering cost-effective crypto exchange services tailored to Australian users.
Category
Crypto
Solana’s Stablecoin Supply Hits $10.5 Billion Amid Memecoin Frenzy
Stablecoins, crucial for liquidity in the crypto economy, have become a cornerstone of activity on Solana, enabling seamless trading in rapidly growing sectors like memecoins and decentralized finance (DeFi).
MicroStrategy Redeems $1.05 Billion in Convertible Notes Amid Taxation Concerns
The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
Bitcoin Could Surge to $700K Amid Fears of Currency Debasement, Says BlackRock CEO
During an interview at the World Economic Forum in Davos, BlackRock CEO Larry Fink recently shared his views on Bitcoin’s…
UAE-Based Crypto Firm Admits to Wash Trading Scheme on Uniswap
The charges follow "Operation Token Mirrors," an FBI-led sting operation launched in October 2023 to identify fraudulent activities in the crypto industry.
El Salvador Adds 11 BTC to Reserves Amid Promises to Limit Adoption
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
WazirX Freezes $3 Million in Crypto Assets Stolen in Cyberattack
International collaboration played a crucial role in identifying the perpetrators. A joint statement issued on January 14 by the United States, South Korea, and Japan attributed the heist to North Korean hackers associated with the Democratic People’s Republic of Korea (DPRK).
7 Best Hardware Crypto Wallets to Secure Your Digital Assets in 2025
As the market attracts more investors, hardware crypto wallets have become essential for cryptocurrency holders.
JioCoin Debuts on Polygon, Raises Utility and Transparency Queries
JioCoin currently functions as a reward mechanism for users browsing via JioSphere. Kashif Raza, CEO of Bitinning, speculated that JioCoin could play a broader role in Jio’s extensive ecosystem, possibly allowing users to redeem tokens for services like mobile recharges or purchases at Reliance outlets.
Dubai’s DMCC Unveils 17-Story Crypto Tower to Drive Blockchain Innovation
The Crypto Tower will feature over 150,000 square feet of leasable space, including nine floors of offices tailored for crypto startups and established enterprises.
Bitcoin Could Soar Beyond $300K in 2025, Says HashKey Group Report
Ben El-Baz, Managing Director of HashKey Global, emphasized Bitcoin's decentralized, inflation-resistant nature as a challenge to traditional assets like gold and U.S. Treasury bonds.
Singapore Blocks Polymarket Over Unlicensed Gambling Allegations
The block came to light after Alex Zuo, vice president of investments and custody at Cobo, shared a screenshot of the GRA’s notice on social media.
Kenya Introduces a Draft Policy to Regulate Cryptocurrencies
Public feedback on the policy is invited until Jan. 24, after which it may pave the way for Kenya to join other African nations like South Africa and Nigeria in implementing crypto regulations.
U.S. Court Clears $6.5 Billion Bitcoin Liquidation from Silk Road Seizure
The Department of Justice (DOJ) has already begun transferring portions of the cache, moving nearly $2 billion worth of Bitcoin to Coinbase on December 3, under a custody arrangement with Coinbase Prime through the U.S. Marshals Service.
CumRocket Token Surges 400% Following Elon Musk Tweet
According to CoinGecko, CumRocket’s price spiked from $0.004 to $0.02 before stabilizing at approximately $0.008, marking a 95% gain over the past 24 hours.
IRS Delays Crypto Tax Rules, Easing Investor Concerns Amid Legal Pushback
The decision, announced on Wednesday, provides centralized exchanges and brokers more time to adapt to the regulations while offering temporary relief to digital asset investors concerned about potential tax increases.
Tether’s USDT Faces Market Cap Decline Amid EU Regulations
This decline coincides with the delisting of USDT by several European Union-based exchanges and Coinbase. The decision was driven by compliance requirements under the EU’s Markets in Crypto-Assets (MiCA) regulations, which took full effect on December 30.
Crypto Scam and Hack Losses Hit Yearly Low in December 2024
According to blockchain security firm CertiK, December saw $28.6 million in losses from exploits, hacks, and scams—less than half of November’s $63.8 million and significantly below October’s $115.8 million.
U.S. IRS Finalizes Rules for Reporting Digital Asset Transactions
The regulations require brokers to disclose gross proceeds from cryptocurrency and other digital asset transactions, along with details about the taxpayers involved.
Israel Approves Six Bitcoin-Tracking Mutual Funds, Launch Set for December 31
The ISA’s decision comes nearly a year after the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs), sparking a surge in global interest in Bitcoin-based investments.
MicroStrategy Buys $561M in Bitcoin as Nasdaq-100 Trading Debut Begins
The inclusion in the Nasdaq-100 was widely praised by Bitcoin proponents, with analysts pointing to the potential impact on trading volume and price.
U.S. Supreme Court Reinstates Nvidia Crypto Sales Lawsuit
The lawsuit, originally filed in 2018 by a group of Nvidia shareholders, accuses the chipmaker of concealing over $1 billion in revenue tied to sales to crypto miners. The shareholders claim Nvidia’s CEO, Jensen Huang, downplayed the role of cryptocurrency demand in boosting GPU sales.
Vancouver Approves Motion to Explore Bitcoin Integration Into Municipal Finances
The motion, led by Mayor Ken Sim, was passed during a City Council Standing Committee meeting, initiating a feasibility study on accepting taxes and fees in Bitcoin and converting a portion of the city’s financial reserves into the cryptocurrency.
MicroStrategy’s Potential Inclusion in Nasdaq-100 Sparks Interest
Seyffart noted that the potential addition could attract at least $2.1 billion in share purchases by exchange-traded funds (ETFs), accounting for approximately 20% of MicroStrategy’s daily trading volume.