Will Bitcoin Really Hit $1.25 Million by 2030? Find Out!
Launched in 2009, Bitcoin has been more and more called digital gold to highlight its contemporary digital character as a store of value. It operates on blockchain technology, has a…
Swan Bitcoin Faces Lawsuit Over $1B Asset Transfer Ahead of Bankruptcy
Prime Trust’s post-bankruptcy trust has sued Swan Bitcoin, claiming the Bitcoin services provider stole about $1 billion in assets from the custodian using confidential information only days before the trust…
Ethereum Foundation Hit by Fresh Key Developer Departures
With Monday’s resignations of two notable researchers, the Ethereum Foundation has lost eight high-profile members in the last few months. Carl Beek and Julian Ma, two researchers with the Ethereum…
Echo Protocol Hack Drains Millions Through Fake eBTC Minting
Echo Protocol, a DeFi protocol that operates on the Monad blockchain, was breached when an unauthorized user created around 1,000 eBTC. Reports surfaced on Tuesday from analytics and blockchain security…
SpaceX Targets Record-Breaking $75B IPO on Nasdaq
Reuters was informed by persons familiar with the subject on Friday that Elon Musk’s rocket and satellite firm, SpaceX, is gearing up to launch what might become the biggest initial…
Saudi Arabia Eyes Blockchain-Powered Financial Future by 2030
Digital payment systems were already on the mind of Saudi Arabia’s top tokenization platform chair Faisal Monai long before bitcoin was even created in 2009. He oversaw the digitization of…
Bhutan Denies Selling Bitcoin Despite Massive Wallet Outflows
The tiny Himalayan nation of Bhutan allegedly has been selling its bitcoin holdings. It is the second government in the world to formally mine and hold bitcoin, after El Salvador.…
Bitcoin Slides Under $78K as Crypto Bulls Face $580M Liquidation Storm
As bitcoin fell below $78,000 in the early hours of Saturday morning Asian time, crypto bulls who had speculated on rising prices suffered losses of more than $500 million. The…
US Spot Bitcoin ETFs Witness $1B Weekly Outflow
Following a six-week inflow run of $3.4 billion, spot Bitcoin exchange-traded funds (ETFs) saw $1 billion in weekly net outflows. Data from SoSoValue shows that Monday saw moderate inflows of…
UK Reconsiders Stablecoin Rules Amid Industry Pushback
After digital asset firms voiced concerns that the BoE’s planned regulations for pound sterling stablecoins, such as holding limits and reserve requirements, might limit uptake and render UK-issued tokens economically…