MicroStrategy Pauses Bitcoin Buying Spree After $20B Spending Surge
MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of…
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India Reviews Crypto Regulations Amid Global Policy Shifts and New Tax Rules
The review also coincides with the introduction of new tax policies targeting undisclosed crypto gains. Starting February 1, 2025, profits from crypto investments will be taxed under Section 158B of the Income Tax Act, typically reserved for assets like money, jewelry, and bullion.
Somnia Partners With Uprising Labs to Launch $10M Web3 Gaming Accelerator
Backed by a $10 million grant from Somnia, the accelerator will be led by Uprising Labs and provide game studios with mentorship, funding opportunities, and technical resources.
Analog Raise $5M Funding to Advance Blockchain Interoperability
The funding sets Analog’s fully diluted valuation (FDV) at $300 million as the company prepares for its upcoming Token Generation Event (TGE).
Paras Chopra, Who Sold His Startup For $200M, Is Now Launching An AI Lab in India
The initiative aligns with India’s increasing push towards AI advancements, particularly as the government accelerates its efforts to build indigenous AI models.
D3 Global Raises $25M to Build Blockchain Infrastructure for DomainFi
D3 is developing the world’s first DomainFi network on the Doma Protocol, a blockchain designed to modernize internet domains as digital real estate.
KPMG India and The Hashgraph Group Forge Blockchain Alliance to Boost DLT Adoption
The partnership is set to deliver co-branded solutions, combining KPMG’s advisory expertise with THG’s Hashgraph for Enterprise (H4E) product suite. The goal is to provide secure, scalable, and energy-efficient DLT solutions tailored to enterprise needs.
Bitpanda, OKX, and Crypto.com Secure MiCA Licenses
Bitpanda announced it had secured its license from Germany’s Federal Financial Supervisory Authority (BaFin), while OKX and Crypto.com gained accreditation in Malta.
Caroline Pham to Lead CFTC Roundtables on Crypto and Prediction Markets
As part of this effort, the CFTC plans to engage with industry leaders, advocacy groups, and stakeholders over the coming months to gather insights and foster dialogue.
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.
Elon Musk’s DOGE Explores Blockchain for U.S. Government Efficiency
According to Bloomberg, DOGE is evaluating blockchain for applications such as data security, payment processing, and infrastructure management.
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…
Trump Unveils $500 Billion AI Infrastructure Plan Led by Tech Giants
The initiative, led by OpenAI, SoftBank, and Oracle under the name "Stargate," is expected to create over 100,000 jobs and establish 20 data centers across the United States.
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).
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.
SEC Sues Elon Musk Over Late Disclosure of Twitter Stake
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging he failed to disclose his…
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.