The crypto derivatives exchange Deribit obtained a financial adviser to "review opportunities" after attracting attention from possible acquirers, reported Bloomberg, citing people familiar with the matter. The firm tapped Financial Technology Partne

The Bank of England (BoE) is launching a "Digital Pound Lab" this year, as part of its blueprint for the design phase of a potential central bank digital currency (CBDC).The lab will operate in a sandbox environment, enabling hands-on experimentation

The United States, Japan and the Republic of Korea (South Korea) have issued a joint statement warning the blockchain industry against crypto thefts committed by the Democratic People's Republic of Korea (DPRK or North Korea).The three governments sa

While bitcoin swiftly hit new all-time highs after Donald Trump won the U.S. presidential election in November, macro headwinds have weighed on the market since mid-December, causing K33 analysts to question their prior expectation of his inauguratio

Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick warned of potential downside for bitcoin if it makes a "clean break below $90,000."In a note on Tuesday, Kendrick highlighted the risk of "convexity risks" due to the heighten

Cryptocurrency payment service BitPay processed 608,000 transactions in 2024 as more holders showed a willingness to spend their digital assets during the bull market. According to BitPay’s “Decrypted 2024” report, Litecoin dominated the transaction

Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling.Outside of the U.S. authorities are viewing prediction markets as synonymous with gambling. Taiwan, France, and now Singapore h

The Open Network, or TON, Foundation has appointed Manuel Stotz as its new president.Replacing Steve Yun, Stotz's mandate will involve fostering additional growth in the United States for the blockchain closely tied to Telegram, the foundation said i

Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million.Gate.io Reports Record $3.8 Trill

Cryptocurrency banking group Sygnum is preparing to enter multiple markets after securing $58 million in an oversubscribed strategic growth round.Sygnum has achieved unicorn status with a post-money valuation of more than $1 billion, the company said

Switzerland and Singapore-based crypto bank Sygnum has raised $58 million in an oversubscribed strategic growth round, achieving Unicorn status with a post-money valuation of more than $1 billion.Fulgur Ventures, a venture capital firm specializing i

Bitcoin enthusiasts are keeping a close watch on the pioneer crypto’s next move as the US Dollar Index (DXY) surges to a 26-month high of 110.Historically, Bitcoin’s performance has shown an inverse correlation with the DXY, prompting speculation th

Italy's biggest bank Intesa Sanpaolo on Monday completed its first proprietary bitcoin trade investing 1 million euros ($1.03 million) into the world's largest digital currency, an internal memo showed.Intesa set up a proprietary trading desk for di

The blockchain forensics firm Chainalysis has acquired the artificial intelligence-powered fraud detection platform Alterya.Chainalysis intends to use the acquisition of the Israeli firm Alterya to bolster its illicit transaction prevention strategy.

A recent string of X account hijacks has continued over the weekend as several more accounts belonging to prominent individuals or companies in the crypto space were commandeered by hackers and used to promote scams. Litecoin's X account was compromi

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. Screenshot

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)

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 mainstr

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

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 plat