On February 13, Barclays Bank announced that it invested in BlackRock’s Bitcoin ETF, becoming the latest major financial institution to do so. The UK-based bank disclosed that it now holds over 2.4 million shares of the ETF, worth $131 million…
/> USDT issuer Tether announced on Friday that it has acquired a minority stake in Juventus Football Club as part of a broader strategy to integrate digital assets, AI, and biotech into sports. The investment was executed through Tether’s investment…
In a blog post published on Friday, Ethereum co-founder Vitalik Buterin outlined why scaling Layer 1 (L1) gas fees by approximately ten times could provide significant long-term value, even as Layer 2 (L2) solutions continue gaining traction. Reasons to have…
Solana’s all-time bridge volume has surpassed $10.1 billion, more than doubling its total volume from February 2024, which stood at $4.7 billion. The surge in bridging activity reflects the increasing adoption of Solana’s ecosystem for cross-chain transactions. Late-Year Surge in…
FTX Digital Markets, the Bahamian subsidiary of the collapsed cryptocurrency exchange FTX, will begin repaying creditors next week. The repayment process follows FTX’s reorganization plan, which took effect on January 3 after years of bankruptcy proceedings and litigation to recover…
Cryptocurrency exchange Bybit has been officially removed from France’s Autorité des Marchés Financiers (AMF) blacklist after more than two years of regulatory compliance efforts. This is an important step for the exchange as it works to secure a Markets in…
The Securities and Futures Commission (SFC) of Hong Kong convened its inaugural Virtual Asset Consultative Panel (VACP) meeting today, marking a significant step in its regulatory engagement with the virtual asset industry. The newly formed panel, which consists of senior…
The two Estonian nationals extradited to the US last year pleaded guilty yesterday to operating a multi-million-dollar fraud. The US Attorney’s Office for the Western District of Washington described the operation as “a massive, multi-faceted cryptocurrency Ponzi scheme that victimized…
Alexander Vinnik, the former operator of the now-defunct BTC-e cryptocurrency exchange, has been returned to Russia as part of a prisoner swap with the United States. Vinnik arrived in Moscow late on February 13 aboard a Mitsubishi Challenger jet from…
Coinbase CEO Brian Armstrong believes the cryptocurrency industry is entering a new phase of growth in the United States, predicting that up to 10% of global GDP will be crypto-based by 2030. Speaking during Coinbase’s Q4 2024 earnings call on…