In a milestone moment for the cryptocurrency industry, Hong Kong’s debut of Bitcoin Exchange-Traded Funds (ETFs) has captured global attention with an impressive accumulation of $258 million worth of Bitcoin within the first week of trading. Led by the Huaxia Bitcoin ETF, Harvest International Bitcoin ETF, and Boshi Bitcoin ETF, these offerings have swiftly garnered […]

The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution associated with FTX — the defunct cryptocurrency exchange. This follows after the bank’s operations and links to cryptocurrencies, particularly through FTX trading arm Alameda Research, were under a federal microscope. Federal Reserve’s Final Verdict The termination of the […]

Bitfinex, a prominent cryptocurrency exchange, has been rocked by news of a significant data breach. According to reports, approximately 2.5 terabytes of data, including sensitive information from around 400,000 customers, has been leaked. The revelation has sparked widespread panic among users concerned about the security of their accounts and assets given that there has been […]

The Solana blockchain network suffered one of the major outages on Tuesday, February 6, with the platform becoming dysfunctional for nearly 5 hours. Although the outage stands resolved, Matthew Sigel, head of digital assets at VanEck explains what exactly led to the outage. BFP Loader Failure Led to the Solana Outage Matthew Sigel said that […]

Internet personality and financial trader Peter Brandt appears to share the same stance as MicroStrategy founder and Chairman Michael Saylor on Bitcoin’s superiority over other cryptocurrencies. Bitcoin As Dominant Coin Gains More Support Brandt teasingly asked his followers if they were staking their future on crypto assets like Ethereum (ETH), Solana (SOL) and shitcoins. “This […]

UBS AG has unveiled Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. The groundbreaking product, featuring a call warrant with Xiaomi Corporation as the underlying stock, marks a significant milestone in the realm of digital finance.  Powered by UBS Tokenize, the bank’s proprietary tokenization service, this offering promises enhanced transparency, reduced […]

After setting an ATH at the start of the year, Pepe Coin has continuously walked on a downward pathway for months now. The meme coin has dropped 99.96% from the ATH and is currently trading at $0.000000001252. Throughout these months, the token had gone through multiple ups and downs, questioning the potential of the Pepe […]

Binance cryptocurrency exchange is set to face legal challenges in Uzbekistan. The National Agency for Prospective Projects (NAPP) has announced its intention to take Binance to court for operating without the necessary license in the country. This move underscores the increasing scrutiny and regulatory demands facing crypto exchanges globally. According to reports, Binance has been […]

PEPE has again proved why it is among the most famous meme coins, as the token has been continuously surging for days and is aiming for a new all-time high. Less than two months ago PEPE price reached the ATH record of $0.00001074. And with its current surge, it is just 19% away to achieve […]

Crypto markets have long tried to pick up cues to take an upward trajectory. However, since Bitcoin ETFs were approved, the digital asset world has been severely rangebound. An event that could have provided some sense of relief for the crypto markets was the US Fed’s interest rate decision. However, the hawkish tone from various […]