Mo Shaikh, co-founder of Aptos Labs, which supports its layer 1 blockchain, announced that he is stepping down as CEO. However, he chose to stay on as a strategic advisor to the company board. In a lengthy post on X,…
Japanese investment firm Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases. The Tokyo-listed company announced it issued a 5 billion yen ($31.9 million) bond on Friday, following…
The SEC on Thursday finally approved the first spot ETFs that combine Bitcoin and Ethereum, after months of extended reviews. On Dec. 19, the agency approved Hashdex’s Nasdaq Crypto Index US ETF, allowing it to trade on the Nasdaq stock…
Hackers allegedly breached the X account of Vivek Ramaswamy, co-lead of the newly formed Department of Government Efficiency (DOGE), to spread false information about the department’s collaboration with stablecoin project USUAL. The Usual stablecoin protocol, launched just four months ago,…
The beleaguered New Zealand-based crypto exchange Cryptopia has started returning millions in crypto to account holders, years after its collapse. Cryptopia filed for liquidation after millions of dollars of tokens were stolen from the platform in a 2019 cyber-attack. Around…
The crypto market faced a major shake-up as over $1 billion in leveraged positions were liquidated within 24 hours on December 19. According to data from CoinGlass, the bulk of these liquidations, roughly $856.66 million, were from long positions, signaling…
Roman Storm, co-founder of the crypto mixing platform Tornado Cash, is urging a U.S. federal judge to dismiss all criminal charges against him. The appeal comes after a ruling by the Fifth Circuit Appeals Court, which found that sanctions imposed…
More Brazilians invest, trade, or hold Bitcoin and altcoins than ever before, a survey conducted by the nation’s top regulator found, with investors spending between 7% and 35% of their money on tokens. The Brazilian media outlet Livecoins reported that…
El Salvador announced Thursday that it would keep buying Bitcoin, possibly at a faster rate. This decision came just a day after finalizing a financing deal with the IMF, which had urged the country to reduce its crypto exposure. The…
Japan’s ruling party, the Liberal Democratic Party (LDP), is still pushing for crypto tax reform in spite of cautious recent statements from Prime Minister Shigeru Ishiba. The Japanese media outlet CoinPost reported that the party’s Headquarters for the