Month: January 2025

Bankrupt cryptocurrency exchange FTX denied claims that crypto exchange Backpack has acquired its European subsidiary, FTX EU. FTX said that the deal has not been approved by the US Bankruptcy Court in Delaware. Backpack announced on 7 January 2025 that it had acquired FTX EU as part of the...

Republican state senator Dusty Deevers has introduced the Bitcoin Freedom Act, a bill that would allow Oklahoma employees and residents to receive salaries in Bitcoin (BTC) and enable businesses to accept BTC payments. The legislation, filed on 8 January 2025, aims to empower Oklahomans to adopt Bitcoin as a...

IRVINE, Calif., Jan. 9, 2025 /PRNewswire/ — In a landmark enforcement action, the Internal Revenue Service (IRS) and the U.S. Department of Justice (DOJ) recently secured what is essentially the first criminal tax evasion conviction exclusively centered on cryptocurrency. The defendant, Frank Richard Ahlgren III of Austin, Texas, was...

MANTRA eyes $10 as analysts predict massive growth, fueled by strong adoption, key partnerships, and a focus on regulated RWA tokenization....

The financial world keeps moving fast as TradFi and DeFi look at new ways of working together. TradFi has for a long period of time served as the backbone of global economies through offering reliable systems in banking, loans, and […] The post Bridging Traditional Finance and DeFi in...

Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to…...

AXL’s recent price slump shows no signs of easing, with on-chain metrics hinting at more pain ahead for the crypto asset. Axelar, a programmable blockchain interoperability platform with the ticker AXL, fell for three straight days to $0.6152 at press…...

TL;DR Analysts highlight a potential breakout for ADA, supported by bullish chart patterns and upcoming developments for Cardano. However, recent whale sales of millions of tokens could negatively affect the price. The Bullish Scenario Despite the solid start to the year, the past few days have not been kind...

The US entities’ share of global Bitcoin reserves has reached an all-time high amidst increasing confidence in the asset class. The figure is now 65% higher than non-US entities, according to CryptoQuant CEO Ki Young Ju. This milestone is based on an analysis of Bitcoin holdings by identifiable US...

[PRESS RELEASE – Palo Alto, United States, January 9th, 2025] Story harnesses Stability AI open models to connect creators and developers, pushing open-source AI innovation Story, the world’s intellectual property blockchain has announced its use of Stability AI’s cutting-edge models to usher in a new era of open-source AI...