Galaxy Digital’s revenue soars with mining, fees at record levels
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.
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BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns
Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns.The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision“Monero (XMR) can selectively utilize anonymity features among projects. This feature of XMR is a subject to end of…

US SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30, according to an official document released by the SEC August 7. ETFs are securities that track a basket of assets proportionately represented in the fund’s shares. They are seen by…

Telegram founder Pavel Durov arrest — What we know so far
Telegram founder Pavel Durov was arrested in France on Aug. 24. Here’s what we know and how prominent figures are reacting.

Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.

Ripple ‘made a mistake’ not talking to regulators early, says CEO
Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, who added it’s now “trying to make up for lost time.”

Telegram issues official statement on Pavel Durov detention
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”

Fidelity report shows resilience to crypto winter, huge adoption gap among investors
Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although it indicates that some segments are much more active than others. 303 Total views 4 Total shares Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite…

Huobi Reports 100 Percent Increase in Trading Volumes in 2018 Over 2017
Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over the 2017, according to a press release shared with Cointelegraph on Feb. 7.The Singapore-headquartered company has reportedly expanded its staff from 400 employees in early 2018 to more than 1,300 people by 2019, with 15 offices in 12…