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The Latest Breaking News on Crypto

Crypto Security On The Rise: 27.78% Year-On-Year Decline In Hacks, Scams

November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.

International Business Times

Bitcoin Makes Epic Comeback As BTC ETF Witnesses Boost In Trading Activity

Bitcoin demonstrated resilience by establishing stability within the $39,000 to $40,000 range and showcased its bullish strength Friday when it saw a notable surge, closing at the $42,000 mark.

International Business Times

Afternoon Update: Australian charged in US over alleged role in ‘Ponzi scheme’; ‘surreal’ Sydney shark rescue; and MP criticises Nine for ‘sexist’ photo edit

Blockchain entrepreneur Sam Lee charged with conspiracy to commit fraud for his alleged role in operating the HyperVerse crypto investment schemes

The Guardian - AU

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Australian Sam Lee charged with conspiracy to commit fraud in US for role in $1.89bn ‘Ponzi scheme’

HyperVerse crypto schemes, subject of a Guardian Australia investigation, alleged to have defrauded investors of almost A$3bn

The Guardian - AU

EU Strengthens Regulations on Non-EU Crypto Firms

The European Union imposes stricter regulations on cryptocurrency firms operating from outside the bloc, tightening control over the industry.

Top News

Investment Giant Charles Schwab Poised For Spot Bitcoin ETF Launch, Experts Predict

Charles Schwab's position may soon change, as it could be currently evaluating the strategic advantage of entering the market as a second mover in a space where many competitors raced to be the first, Bloomberg Intelligence analyst Eric Balchunas said.

International Business Times

CFTC Chair Pushes For Sweeping Regulatory Overhaul After Landmark US Bitcoin ETF Approval

"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.

International Business Times

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Investment Giant Vanguard Takes a Stand, Declares Bitcoin An 'Immature Asset Class'

When Vanguard made the decision to exclude the new Bitcoin ETFs from its extensive trading platform, the hashtag #BoycottVanguard quickly gained traction on the social media platform X (formerly Twitter). However, instead of yielding to the pressure, Vanguard reaffirmed its stance and remained resolute in its decision.

International Business Times

Bitcoin ETF Showdown: BlackRock's iShares Bitcoin Trust Attracts Massive $2 Billion Inflows, Sets New Industry Benchmark

This impressive surge in inflows further cemented BlackRock's position as a trailblazer in the Bitcoin ETF sector.

International Business Times

Bitcoin Makes A Strong Comeback, Surpassing $42K As GBTC Selloff Stalls

Since transitioning to trade as a spot Bitcoin exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has experienced an outflow of approximately $4.8 billion from its holdings.

International Business Times

Judge Advocates For Focused And Fast-Track Approach In FTX Bankruptcy Investigation

During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.

International Business Times

Grayscale's Bitcoin Exodus Appears To Stall With GBTC's Record Low Net Outflow

GBTC has been recording massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).

International Business Times

From Darknet to Auction Block: US Set To Sell $130 Million Silk Road-Linked Bitcoin Stash

In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.

International Business Times

Shibarium-Powered Revolution: Shiba Inu's Welly Leads Blockchain Transformation In Food Chain Management

In October, Welly shared its many aspirations, including transforming itself into a renowned global healthy fast-food restaurant by leveraging blockchain technology through Shibarium.

International Business Times

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International Business Times

Binance Challenges SEC In High-Stakes Legal Battle, Seeks Dismissal Of Fraud Claims

The SEC filed 13 charges against Binance, Zhao and Binance.US alleging that they deceived investors regarding its market surveillance capabilities, implying issues with transparency.

The Hindu

Bitcoin scam: FIR reveals multiple irregularities by CCB inspectors

Bitcoin scam investigation reveals arrests of police officers, illegal custody, hacking, and destruction of evidence.

International Business Times

SEC Is 'Hard No' On Ethereum ETF; Issuers Hold Out For A Positive Turn

The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."

International Business Times

Nexo Seeks $3 Billion Damages From Bulgaria Over Aborted Criminal Probe

Nexo said it filed the arbitration claim with the International Centre for Settlement of Investment Disputes in Washington for lost opportunities resulting from what it called "wrongful and politically motivated actions against the company and its executives."

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Latin Times

Bitcoin in the U.S., Latinos Drawn to Crypto as an Alternative 'Pathway to Wealth Building'

Crediverso CEO Carlos Hernández explores financial disparities among U.S. Hispanics and the community's growing interest in Bitcoin

International Business Times

SEC Seeks More Time On Ethereum ETF, Delays Decision on BlackRock's Application To March

BlackRock filed for its spot Ethereum ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

International Business Times

Bitwise Leads The Pack, Discloses Wallet Address For Bitcoin ETF Holdings

Bitwise's latest move is in line with the fundamental principles of Bitcoin, which prioritize transparency and open verification. Disclosing addresses allows investors and regulators to independently validate asset holdings and transaction flows.

The Hindu

Top news developments in Karnataka on January 25, 2024

USA Today Sports Media Group

The Rat Hole, Chicago’s hottest tourist destination, explained

It's a hole, shaped like a rat, that brings joy to many

International Business Times

ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

Grayscale Bitcoin Trust Balance Sees 12% Decline, Reaches 553,000 BTC As Pressure Mounts

Grayscale Bitcoin Trust ETF (GBTC) Bitcoin balance currently stands at approximately 553,000 BTC, marking a notable decrease of approximately 12% from its peak level of 630,000 BTC.

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