News

Former CEO of cryptocurrency exchange BitMEX, Arthur Hayes, believes that the crypto market will reach its peak in mid-March 2025, before experiencing a severe correction. “I think crypto tops out in mid-Mar and then severely corrects. Until then is time…

U.S. prosecutors have estimated that Do Kwon, co-founder of Terraform Labs, could have defrauded over 1M victims globally following the catastrophic collapse of the Terra ecosystem. This assertion emerged during a court session in New York City on January 6,…

Ripple, a provider of digital asset infrastructure for financial services, announced that it has begun leveraging the Chainlink standard, aiming to bring the Ripple USD (RLUSD) stablecoin pricing data on-chain. According to the press release shared with Cryptonews, Chainlink Price…

HashKey Europe, a subsidiary of the Hong Kong-based cryptocurrency exchange HashKey, has obtained approval for a virtual asset service provider (VASP) license from the Central Bank of Ireland. The license paves the way for HashKey’s expansion into the European market,…

Backpack Exchange, a cryptocurrency trading platform founded by former FTX and Alameda Research employees, has officially acquired FTX EU, the European arm of the collapsed FTX exchange. The acquisition, approved by the FTX bankruptcy court and the Cyprus Securities and…

CoinSwitch CEO Ashish Singhal on Tuesday announced a recovery program for WazirX users. The program aims to help them recover losses from the alleged July 2024 cyberattack. However, the crypto community quickly pointed out that this “recovery program” primarily serves…

A Canadian volunteer moderator of a cryptocurrency forum has reportedly gone into hiding with his family after an alleged attempt to kidnap him and steal his Bitcoin. The unnamed victim recounted the harrowing ordeal in an interview with Canadian French-language…

Bitcoin climbed back above $100,000 late Monday, marking its first rise to that level in two weeks. This rebound followed Congress’ official certification of President-elect Donald Trump’s 2024 victory, clearing the path for his Jan. 20 inauguration. Congress officially certified…

Canadian Prime Minister Justin Trudeau announced his resignation on Monday. He will step down from the role he’s held since 2015 due to “internal battles” obstructing his governance. “I intend to resign as party leader and as prime minister after…

Nasdaq ISE, the options exchange owned by Nasdaq, has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to significantly raise the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT). The proposed amendment…