MicroStrategy, the largest corporate holder of Bitcoin, has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy. The software company is seeking shareholder approval to raise its Class A common shares from…
The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, until March 15, 2031, according to a report by TASS. The decision aims to address energy concerns and includes seasonal restrictions in key…
The Philippine Securities and Exchange Commission (SEC) has published a draft version of its “SEC Rules on Crypto-Assets Service Providers (CASP Rules),” seeking public input. The proposal outlines a regulatory framework for the country’s expanding crypto sector, which has seen…
The US Federal Bureau of Investigation (FBI) and Japan’s National Police Agency, noted that a North Korean hacking group, TraderTraitor, orchestrated the infamous Japanese exchange DMM Bitcoin hack. In May, the exchange lost 4,502.9 Bitcoin, comprising 48.2 billion yen ($305…
Hyperliquid, a newly launched layer-1 crypto derivatives platform, has faced its largest single-day outflow after allegations surfaced of North Korean hackers exploiting the platform. The controversy began on December 23 when Tay Monahan, a security researcher at Metamask, claimed in…
The crypto exchange Gate.io is set to return to Japan after sealing a deal to buy the domestic trading platform Coin Master. In a Gate.io blog post, the exchange explained that it had “acquired all of the outstanding shares of…
The South Korean Financial Services Commission (FSC) has denied reports claiming it is about to let companies buy crypto using their balance sheets. Per Hanguk Kyungjae, the FSC told media representatives the reports were “not true.” Will Regulator Let South…
The Cardano (ADA) price is holding above its 50DMA in the low $0.90s on Monday, as the cryptocurrency market attempts the beginnings of a rebound during a holiday-shortened week. The final trading days are normally bullish in the stock market,…
Hyperliquid, a prominent on-chain perpetual futures exchange, is under scrutiny following claims of wallet activity linked to North Korean hackers. Following the allegation, the platform token HYPE dropped over 25%, from $34 to $25. The platform assured users that their…
President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday. Will Donald Trump Deliver On Crypto Executive Order? According to the…