Tag: Crypto

Following a rocketing higher in its stock price since beginning to add bitcoin to its balance sheet less than a year ago. Metaplanet has announced a 10-to-1 stock split set to take effect on April 1. The Tokyo-based firm first started buying bitcoin in April 2024 and since has...

Binance executive Tigran Gambaryan is facing a $662,000 defamation lawsuit from a Nigerian lawmaker who denies allegations of bribery. Nigerian lawmaker Philip Agbese has filed a 1 billion Nigerian Naira (around $662,000) defamation lawsuit against Tigran Gambaryan, a Binance executive,…...

The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report on Tuesday. The combined hashrate of the 14 companies “has increased ~95% y/y...

Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood agreed to buy Bitstamp in June and the $200 million acquisition is expected to close in the first half of the...

The Core Foundation in partnership with Maple Finance, BitGo, Copper, Hex Trust has launched a Bitcoin token designed for institutions to earn return from idle BTC. In a press release received by crypto.news, IstBTC has announced a new liquid, yield-bearing…...

FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings....

Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 billion rubles in 2024…...

Robinhood plans to launch crypto products in Singapore this year through recently-acquired crypto exchange Bitstamp. According to a Bloomberg report, vice president and general manager of Robinhood Crypto, Johann Kerbrat, revealed that the company has yet to decide on an…...

A well-known cryptocurrency influencer shared an optimistic outlook on Dogecoin (CRYPTO: DOGE) on Monday, predicting a massive upside similar to previous bullish cycles. What Happened: Cas Abbé took to X to compare the current state of the dog-themed meme coin with its performance in the third quarter of 2024 and...

TL;DR Pi Network’s upcoming Open Network launch has sparked speculation, with major exchanges preparing to embrace the token and Binance considering a listing through a community vote. While some predict Pi could reach $314, its large supply makes such valuations unlikely, as it would require a market capitalization nearly...