The Netherlands police have arrested a 24-year-old law student over suspicion of operating a multi-million euro crypto scheme. The alleged crypto trader from Hengelo is suspected of defrauding nearly 300 investors, embezzling €4.5 million ($4.6 million). The accused was on…
Andreessen Horowitz (a16z), known for its long-term investment approach, revealed on Wednesday plans to launch its crypto startup accelerator program (CSX) in San Francisco this spring. The firm is seeking ambitious and visionary founders to join the program and is…
The US Department of Justice has received approval to sell 69,370 Bitcoin worth $6.5b, seized from the Silk Road dark web marketplace, DB News reported Thursday. Officials reportedly confirmed that a federal judge issued this decision on Dec. 30, allowing…
The Hong Kong Monetary Authority (HKMA) has unveiled the “Supervisory Incubator for Distributed Ledger Technology” (DLT) to help banks safely adopt blockchain-based solutions and unlock their potential. The initiative, announced on January 8, is aimed to assist banks in adopting…
U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. CryptoQuant CEO Ki Young Ju shared on X that this ratio measures Bitcoin holdings of prominent U.S. entities, such as MicroStrategy, exchange-traded funds…
Crypto exchange platform OKX has issued a warning about a fake OKX Wallet browser extension that recently appeared on the Firefox browser plugin store. The warning note posted on X stressed that OKX has not released any Firefox plugins. Further,…
Outgoing SEC Chair Gary Gensler has reiterated his criticism of the crypto industry, saying he has never encountered a sector driven more by sentiment than by fundamentals. During a Bloomberg Television interview on Wednesday, Gensler said he believes that many…
Sberbank wants the Russian Central Bank to push its digital ruble rollout back to 2026, with the banking giant calling for a more “realistic” CBDC launch date. The Central Bank has previously announced its intention to launch its digital fiat…
South Korean regulators say they will “review a plan” to “gradually allow corporations” to buy, sell, and hold cryptoassets like Bitcoin (BTC). Per Busan Ilbo and Asia Kyungjae, the Financial Services Commission (FSC) said it would release more details after…
Tens of thousands of residents evacuated parts of Los Angeles after wildfires, fueled by intense winds, erupted on Tuesday, January 7, 2025. The fires have claimed two lives so far, with thousands more struggling to leave the affected areas as…