News

Abkhazia crypto miners are once again blamed for the de facto state’s ongoing energy crisis, with officials claiming that emergency Russian electricity supplies are running low. The crisis, the South Caucus republic claimed, could come to a head next month…

Japanese firms are continuing to press ahead with their Bitcoin (BTC)-buying strategies, with the former crypto exchange operator Remixpoint completing a $3.2 million purchase. Per the Japanese media outlet Coinpost, Remixpoint announced late last week that it had bought “additional”…

Blockchain analytics firm Chainalysis has acquired Alterya, an AI-powered fraud detection startup, for a reported $150 million, marking its first significant foray into artificial intelligence (AI). “With Alterya, Chainalysis is doubling down on its strategy to invest in the prevention…

Tether, the company behind the world’s largest stablecoin USDT, has announced its decision to relocate its headquarters and subsidiaries to El Salvador after securing an operating license in the country. The move comes after Tether obtained its second Salvadoran Digital…

ZA Bank, the largest digital bank in Hong Kong and a trailblazer in crypto-friendly financial services, is reportedly exploring establishing physical branches. According to a South China Morning Post report, the Hong Kong Monetary Authority (HKMA) has permitted digital banks…

Bankrupt crypto exchange FTX is preparing to distribute over $1.2 billion in repayments to its users who have been unable to access their funds for more than two years. Users owed up to $50,000 worth of digital assets have until…

HashKey Group announced Monday that its Middle East and North Africa arm has received an in-principle license approval from Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) gave the greenlight for HashKey MENA’s Virtual Asset Service Provider (VASP) license application.…

Indian Railways is set to introduce non-fungible token (NFT)-based train tickets for passengers traveling to the MahaKumbh Mela, a Hindu festival and pilgrimage occurring once every 144 years. On January 13, blockchain firm Chaincode Consulting announced its partnership with the…

Mudrex, an Indian crypto investment platform, has suddenly halted its withdrawals on Saturday, attracting more criticism from the community. The exchange later announced that it was due to an effort to upgrade the compliance suite to avoid bad actors. Mudrex’s…

Singapore has blocked crypto-based prediction market Polymarket as part of its ongoing crackdown on unlicensed gambling platforms. On Jan. 12, users reported being unable to access the site. Alex Zuo, vice president of investment and custody at Cobo Global, shared…