Bitpanda eyes market expansion as it hits record profitability
Crypto exchange Bitpanda just posted its strongest financial year on record, more than doubling revenue as partnerships and regulated offerings drive growth. According to a press release shared with crypto.news, the Vienna-based crypto platform reported $426 million in operating revenue…...
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New Executive Order to Punish US Banks for Dropping Crypto Customers
The White House order will involve banks being fined if they drop customers for political reasons or discriminate against digital asset firms and organizations. The executive order directs bank regulators to investigate whether any banks or financial institutions might have violated the Equal Credit Opportunity Act, antitrust laws, or...
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Verb Technology Secures $558 Million For First Public TON Treasury Strategy
Verb Technology (VERB), an artificial intelligence (AI)-powered, video-based technology company, is poised to make a significant leap in the crypto space. The company announced it raised $558 million in a private placement aimed at establishing the first publicly traded treasury strategy company centered on Toncoin (TON). Verb Technology plans...
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Litecoin Takes 2nd Spot In Crypto Payments Shake-Up, CoinGate Data Reveals
Crypto payments processor CoinGate has revealed that Litecoin (LTC) has risen to take the 2nd position on the user preference list. Litecoin Is Now Only Behind Bitcoin In Crypto Payments On CoinGate In a new post on X, CoinGate has shared how crypto payment preferences among its customers changed...
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Important Security Update for All Pi Network Users: Details Inside
TL;DR A popular news channel dedicated to covering Pi Network developments posted today about a security update implemented by the Core Team. Separately, Pi Network’s official account reminded its users how they can benefit by locking up their tokens. Passkey Added The verification process at all Pi Network systems...
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SEC issues guidance allowing some stablecoins to be treated as cash equivalents
The U.S. Securities and Exchange Commission has issued interim guidance allowing certain U.S. dollar-backed stablecoins to be treated as cash equivalents on corporate balance sheets. Reported on Aug. 5 by Bloomberg Tax, the guidance is a part of a wider…...
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Bitcoin Miner Upgrades
Bitcoin Miner Upgrades...
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BitMine’s Ethereum Holdings Top 833,000, Becoming The Largest ETH Treasury Globally
BitMine Immersion Technologies announced today that its Ethereum (ETH) holdings have surged past 833,000 tokens, making it the largest ETH treasury in the world. The announcement comes amid a broader trend of corporate ETH accumulation. BitMine Becomes Largest Ethereum Treasury According to the statement, BitMine Immersion Technologies – a...
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CFTC to allow spot crypto contract trading on registered exchanges
The U.S. Commodity Futures Trading Commission will allow spot crypto contracts to trade on federally registered exchanges, a landmark step to bring digital asset markets under direct federal oversight. The announcement, published Aug. 4 on the CFTC’s website, is part…...
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First Outflows in 15 Weeks For Digital Assets; Bitcoin Bleeds $404M
For the first time in 15 weeks, digital asset investment products saw net weekly outflows $223 million. The week started on a high note as $883 million poured in. Momentum, however, reversed sharply following the FOMC’s hawkish stance and strong US economic data. Despite Friday’s weaker payroll numbers hinting...
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