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Singapore has become the latest international jurisdiction to restrict access to prediction marketplace Polymarket, joining the U.S., France, Taiwan, and others. Singaporean users first reported difficulty in accessing the site on Jan. 12. Screenshots of the site's homepage posted on X show a notice…
Nevada-based Bitcoin mining firm – CleanSpark – has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations.The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings.CleanSpark Hits M…
A new blockchain security solution could prevent more than 99% of cryptocurrency hacks and scams, which cost the industry more than $2.3 billion in 2024, according to blockchain security firm Cyvers.Hacks remain one of the biggest barriers to mainstream cryptocurrency adoption, with stolen digital a…
The UK Treasury has amended financial legislation to clarify that crypto staking—an essential component of proof-of-stake blockchains like Ethereum and Solana—does not fall under the definition of a "collective investment scheme."The amendment of the Financial Services and Markets Act 2000 provides …
Crypto exchange Bybit announced a temporary restriction of its services to users in India on Friday, set to take effect from 8 a.m. UTC on Jan. 12.Indian customers will be unable to open new crypto and fiat trades or access other products on the platform from that date, with the exception of withdra…
The cryptocurrency over-the-counter (OTC) market experienced unprecedented growth in 2024, with trading volumes more than doubling amid strong institutional adoption and favorable market conditions. Total OTC trading volume surged 106% year-over-year, while stablecoin transactions saw an even more d…
The first year of spot Bitcoin exchange-traded funds (ETF) in the US exceeded all expectations, marking a historic debut that reshaped both the Bitcoin market and traditional finance.Following approval from the US Securities and Exchange Commission on Jan. 10, 2024, US spot Bitcoin ETFs began tradi…
Several banks in the Philippines are working together to create a peso-backed stablecoin, PHPX, aimed at improving cross-border payments and financial inclusion. The PHPX token is scheduled to launch between May and July.The PHPX stablecoin, developed by Singapore-based startup Just Finance, will be…
Bitcoin has not broken below $90,000 since Nov. 18, and continues to swing between $90,000 and $100,000. The sentiment generally flips bullish when bitcoin approaches $100,000 and investors try to continue the bull market. However, this also works the other way and as bitcoin heads toward $90,000, …
United States Bitcoin mining firm CleanSpark says it now holds 10,097 Bitcoin in its treasury — making it the fourth public-listed mining firm to currently hold more than 10,000 Bitcoin.It follows a 236% year-over-year increase in CleanSpark’s Bitcoin -denominated treasury, which CleanSpark’s CEO Za…
Standard Chartered has received a license in Luxembourg to offer crypto custody services through a new entity, as the banking giant continues to expand its crypto-related business presence in Europe.In a statement released Thursday, the bank said that it has opened a new entity in Luxembourg to “act…
The share of bitcoin reserves held by U.S. entities is now 65% greater than those of non-U.S. entities, according to CryptoQuant data.CryptoQuant CEO Ki Young Ju said on X that the ratio divides bitcoin holdings of known U.S. entities — including MicroStrategy, exchange-traded funds, exchanges, mine…