BTC price tops $101K as MicroStrategy makes first Bitcoin buy of 2025

Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. 196 Total views 12 Total shares Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation trend underway in the industry. Bloomberg…

Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. 297 Total views 1 Total shares Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda…

The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers. 313 Total views 4 Total shares Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state's central bank.Circle received…

China’s central bank released a new statement to debunk some rumors. 1720 Total views 20 Total shares The People’s Bank of China (PBoC) announced that the test run of its central bank digital currency is currently limited to small retail transactions.According to the Global Times on Aug. 24, the central bank has clarified some details…

As Vitalik Buterin expressed worries about profit-focused players on Ethereum, the community responded with varying perspectives. 1099 Total views 27 Total shares Vitalik Buterin, the founder of Ethereum (ETH), recently expressed his concerns about Ethereum’s future. However, attendees of the recent ETHDubai event voiced mixed sentiments over Buterin’s talk on crypto’s perils.In an interview, Ethereum’s…

Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is. Own this piece of crypto history Collect this article as NFTThe downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative,…

Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.

The major American theater chain wants to let customers buy movie tickets with crypto by 2022. 866 Total views 23 Total shares American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards.AMC customers can now buy digital gift cards with cryptocurrencies…

OFAC issued a statement implying prohibited transactions with Specially Designated Nationals could include "downloading a software patch from a sanctioned entity." 952 Total views 17 Total shares Roman Semenov, one of the co-founders of Tornado Cash, has reported his account was suspended at the developer platform, GitHub, following the United States Treasury Department's sanctioning of…