The US state of Michigan has become the latest to come up with Bitcoin reserve bill, introduced on Thursday. This makes it the 20th state to push for a strategic Bitcoin reserve legislation. which would allow the state treasurer to…
Blockchain gaming saw a dramatic rise in onchain activity in January, marking a threefold increase compared to the same period last year, according to a Feb. 13 report from blockchain analytics platform DappRadar. The sector recorded over 7 million unique…
A South Korean expert has claimed that public interest in crypto is one of the factors contributing to a rising number of embezzlement cases. Per Herald Kyungaje, recently released prosecution service data shows that criminal cases related to “embezzlement and…
Video game retailer GameStop (GME) experienced a 20% spike in share prices during after-hour trading, following a report about its plans to investment in Bitcoin. The Texas-headquartered firm is mulling to add Bitcoin and other cryptos to its balance sheet,…
A Russian court has extended the detention period of a commercial pilot who was arrested for allegedly sending crypto to the Armed Forces of Ukraine. The Federal Security Service (FSB) arrested the man in Krasnodar, Southern Russia, on suspicion of…
The SEC on Thursday officially acknowledged Grayscale’s application to convert its XRP and Dogecoin Trusts into ETFs, marking an unprecedented move that could signal a shift in its approach to crypto products. The agency filed a regulatory notice seeking public…
Coinbase exceeded profit forecasts for Q4 on Thursday as heightened trading in Bitcoin and other digital tokens followed the US election. The operator of the largest US crypto trading platform reported a net income of $1.3b or $4.68 per share—up…
Bitget, a cryptocurrency exchange and Web3 company, announced on Thursday that it obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency, further expanding its presence in Europe. With this approval, Bitget gains the ability to offer…
Bitcoin’s network is seeing a notable decline in non-empty wallets. According to Santiment data from Feb. 13, Bitcoin (BTC) has lost approximately 277,240 active wallets over the past three weeks and has fallen to 52.45 million, marking a five-month low.…
On February 13, a Bloomberg report revealed that U.S. Customs and Border Protection has intensified its inspection of Bitmain mining rigs. Crypto miners in the US are experiencing delays receiving deliveries of new equipment as the Chinese juggernaut that supplies…