Kyrgyzstan, a Central Asian country known for its crypto mining industry, has experienced a serious decline in mining tax revenue, with the government collecting 50% less in 2024 compared to the previous year, according to a local report. In its…
Cryptocurrency exchange Bitget has published a new whitepaper for its native token, Bitget Token (BGB), detailing plans to burn 800 million BGB tokens, worth over $5 billion at current market value. The core Bitget team will start with burning BGB…
A detailed report by blockchain security firm SlowMist reveals that a sophisticated phishing attack disguised as a fake Zoom meeting link has stolen crypto assets worth millions. The scam, first identified on November 14, 2024, targets users by distributing malicious…
The National Bank of Cambodia (NBC) has permitted commercial banks and payment institutions to offer services involving Category 1 crypto assets, such as backed or stable cryptocurrencies. This marks the first time the NBC has approved such services, as outlined…
According to a report by Web3 security firm Cyvers, publicized through Nairametrics, pig butchering scams emerged as the most significant threat to crypto users in 2024, accounting for $3.6 billion in losses. This type of long-term fraud, which involves scammers…
U.S. Bitcoin exchange-traded funds (ETFs) ended a four-day streak of outflows with a net inflow of $475.2 million on December 26, signaling renewed investor interest. The inflows followed outflows totaling $1.52 billion between December 19 and December 24, which included…