In a bold move that's reshaping how cryptocurrency exchanges respond to security breaches, Bybit has announced a staggering $140 million bounty to recover stolen funds and identify the perpetrators behind a recent major hack. This record-breaking reward marks a new chapter in crypto security,...
In a striking example of the legal pitfalls surrounding cryptocurrency investments, Iris Au, the girlfriend of Love Island winner Davide Sanclimenti, has pleaded guilty to a federal tax charge related to her cryptocurrency earnings. The case, which has garnered significant media attention, underscores the...
In a significant development within the cryptocurrency investment space, 21Shares, a prominent issuer of crypto exchange-traded funds (ETFs), has announced its decision to liquidate two of its futures-based ETFs tied to Bitcoin and Ethereum. This move comes as the crypto market continues to grapple with heightened volatility and a broader downturn, raising questions about the sustainability of certain crypto investment products in challenging market...
El Salvador's pioneering venture into cryptocurrency adoption has reached a pivotal juncture. The International Monetary Fund (IMF) has approved a 40-month, $1.4 billion Extended Fund...
In a significant security breach that has sent shockwaves through the cryptocurrency community, Bybit, a prominent Dubai-based crypto exchange, suffered a theft of approximately $1.5...
Despite China's stringent regulations against cryptocurrency trading, underground brokers continue to facilitate large-scale transactions, enabling individuals to convert yuan into digital assets. This clandestine activity...
In a significant shift within the cryptocurrency investment landscape, U.S. Bitcoin exchange-traded funds (ETFs) have experienced an unprecedented daily outflow exceeding $930 million. This massive withdrawal underscores a growing trend among investors favoring traditional assets, particularly the 10-year U.S. Treasury note, as carry trades lose their allure amid current market conditions.
On February 25, 2025, U.S. Bitcoin ETFs witnessed a record-setting outflow of over $930...