In a significant move reflecting confidence in the cryptocurrency market, Metaplanet, a Tokyo-listed company likened to America’s MicroStrategy, has bolstered its Bitcoin holdings by acquiring an additional 108.786 BTC, valued at approximately 1 billion yen (around $6.7 million). This acquisition has pushed its total Bitcoin reserves to 639.503 BTC, amounting to a substantial market valuation
In the rapidly evolving landscape of cryptocurrency, where complexity often reigns supreme, Semilore Faleti has distinguished himself as a prominent journalist and content creator. His journey began in a broad and diverse writing realm, but Semilore quickly identified a profound interest in the intricate workings of blockchain technology and the cryptocurrency market. This passion prompted
Recent findings from a Kaiko report reveal a pivotal moment for privacy tokens, marking a significant trend in the cryptocurrency market as they faced almost 60 delistings from centralized exchanges within the year. This unprecedented figure highlights the increasing resistance that privacy-focused cryptocurrencies, such as Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE),
Over the past week, the landscape surrounding the eleven U.S. spot Bitcoin exchange-traded funds (ETFs) has taken a significant downturn, drawing attention from investors and market observers alike. Following a remarkable trajectory characterized by substantial net inflows, the situation shifted dramatically, possibly influenced by rising geopolitical tensions in the Middle East. Just the previous week
In a trailblazing move, Bybit, a prominent cryptocurrency exchange, recently unveiled an Islamic crypto account designed specifically for Muslim investors. Announced on September 24, this initiative aims to provide a compliant and accessible trading environment for the Islamic community. Bybit’s CEO, Ben Zhou, made this significant announcement through a post on social media platform X,
In an unexpected turn of events, the third quarter of 2024 has yielded a notable decrease in cybersecurity breaches, with only 28 incidents reported. This represents the lowest frequency of hacks observed over the past three years. Despite the reduction in the number of attacks, the total financial loss remains staggering, amounting to $463.6 million.
In the rapidly evolving landscape of cryptocurrency, where both excitement and confusion thrive, Semilore Faleti has emerged as a crucial figure in the field of digital asset journalism. With a passion for breaking down complex information into digestible insights, Faleti has established himself as a knowledgeable and trustworthy source. His transition from general topics to
In a pivotal move within the cryptocurrency landscape, TrustToken and TrueCoin, the developers behind the TrueUSD (TUSD) stablecoin, recently reached a settlement with the U.S. Securities and Exchange Commission (SEC). This comes in response to allegations involving fraudulent and unregistered securities transactions associated with TUSD. The two companies collectively agreed to disburse $700,000 in penalties
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) announced a significant overhaul of its Anti-Money Laundering (AML) regulations, specifically targeting local virtual asset service providers (VASPs). These new protocols aim to enhance the nation’s oversight of the increasingly complex landscape of cryptocurrency and digital assets. This article will delve into the crucial aspects of the
Wrapped Bitcoin (WBTC) has carved a significant niche for itself in the realm of tokenized assets, particularly by enabling Bitcoin holders to engage with decentralized finance (DeFi) on alternative blockchains like Ethereum and Solana. Developed collaboratively by BitGo, Kyber Network, and Ren, WBTC provides a unique proposition by offering a 1:1 representation of Bitcoin, which
