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…
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…
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