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BlackRock’s Bitcoin ETF Sees Record $332M Exodus Despite BTC Near $97K
BlackRock’s flagship bitcoin ETF (IBIT) registered its largest single-day outflow since launch, with investors withdrawing $332 million on Thursday. According to data from SoSoValue, this Exodus ...
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Terraform’s Kwon Hit With Fresh Money Laundering Charge After US Extradition
The United States Department of Justice has expanded its case against former Terraform Labs executive Do Kwon, adding money laundering conspiracy to his existing eight felony charges. The development ...
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BitFuFu Inks 80,000-Miner Deal With Bitmain in Global Hashrate Push
BitFuFu, a Singapore-based cloud Bitcoin mining operation, has secured a major equipment deal with Bitmain, agreeing to purchase up to 80,000 Bitcoin mining units over two years, positioning itself ...
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BlackRock’s Bitcoin ETF Sees Record $330M Exit as New Year Trading Resumes
BlackRock’s iShares Bitcoin Trust (IBIT) started 2024 with its largest single-day outflow since its launch, as investors pulled $330.8 million from the fund on January 2, marking a significant shift ...
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Tether’s Top Lawyer Steps Down as Stablecoin Giant Names New General Counsel
Tether and Bitfinex, two prominent cryptocurrency companies, announced a significant leadership change as General Counsel Stuart Hoegner retires from his position. Michael Hilliard, who has worked ...
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China-Linked Hackers Hit Treasury, GOP Leaders Demand Answers From Yellen
Republican lawmakers demand Treasury briefing on Chinese cyber breach by January 10th. Senator Tim Scott and Representative French Hill lead inquiry into Treasury Department security breach.
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X Money Code Leak Fuels Speculation of Imminent Launch Despite Incomplete State Approvals
X Money code leak suggests imminent launch in select US states. Platform has secured money transmitter licenses in 39 US states. CEO Linda Yaccarino confirmed 2025 launch timeline for X Money. Code ...
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MicroStrategy Stock Plunges 45% From Peak Despite Fresh Bitcoin Buys
MicroStrategy (MSTR) shares declined 45% from their November peak, signaling investor skepticism about the software company’s aggressive Bitcoin acquisition strategy. The stock dropped to $300 from ...
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AI Agent Zerebro Taps io.net’s GPU Network for Ethereum Validation Push
Decentralized GPU network io.net announced a strategic partnership with autonomous AI agent Zerebro to facilitate blockchain validation operations, marking a significant development in AI-blockchain ...
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Terra Founder Do Kwon Pleads Not Guilty to $40 Billion Crypto Fraud in NY Court
Do Kwon, the founder of failed cryptocurrency project Terra, pleaded not guilty Thursday in a New York federal court to multiple fraud charges stemming from his project’s $40 billion collapse. The ...
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Terra Founder Do Kwon Pleads Not Guilty in Manhattan Court, Remains in Custody
Former cryptocurrency executive Do Kwon denied all criminal charges during his initial US court appearance, marking a new chapter in the legal saga following the $40 billion Terra ecosystem collapse ...
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Bitcoin Surges Post-Trump Victory as X Payment Plans Take Shape for 2025
X Platform Plans 2025 Payment Launch Amid Crypto Market Rally X has methodically established its financial infrastructure, securing money-transmitting licenses across 25 U.S. states. The platform’s ...