Browsing Category
Bitcoin
NY AG Secures $5M From Uphold to Compensate Crypto Investors
Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy…
Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest
A Taiwanese legislator has formally presented a proposal to the country’s premier and central bank governor to allocate part of Taiwan’s $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun…
Seoul Court Rescues Bithumb from Record 6-Month Suspension
A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went…
MegaETH Token MEGA Falls 38% in 72 Hours After Binance and Coinbase Listings
MegaETH’s MEGA token launched across a myriad of major exchanges and immediately entered a sell-off that pushed it more than -38% below its opening-day highs within 72 hours. Key Takeaways: MEGA token launched on Binance, Coinbase, and a…
Coinshares SEC Filing Reveals $165 Million Revenue Amid Global Expansion
Coinshares officially reported its fiscal year 2025 financial results on May 1, 2026, marking its first annual filing as a U.S.-listed company. Key Takeaways: Coinshares PLC reported $7.4 billion in gross AUM for FY2025 following its April…
DOJ: 1,000 Victims Hit in $215M Scam—$1.2M in Crypto, Cash Found
Federal prosecutors secured convictions against 25 defendants in a $215 million business email compromise scheme that affected more than 1,000 victims. Authorities said cryptocurrency was among assets traced in a global fraud network…
US Warns Hormuz Digital Asset Payments May Trigger Sanctions Risk
OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal risk for maritime firms, financial institutions, insurers, or counterparties. Key…
SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards
Japanese giant SBI Group is bringing crypto rewards into everyday spending with a new Visa card offering that converts points into BTC, ETH, or XRP. The campaign offers rewards of up to 10% for Gold users and 2.5% for standard users. Key…
Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%
President Donald Trump told Congress on Thursday that U.S. military hostilities with Iran have ended, a declaration timed to the 60-day deadline under the War Powers Resolution of 1973 that gives markets and investors a clearer geopolitical…
JPX Targets 2027 Japanese Crypto ETF Launch
Japan Exchange Group is preparing to introduce cryptocurrency ETFs as early as 2027, pending regulatory and tax reforms. The move signals Japan’s shift toward integrating digital assets into its mainstream financial system. Key Takeaways:…