US lawmakers move to overturn controversial IRS defi broker rule
A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto…
Block Inc. negotiating settlement with NYDFS over alleged compliance deficiencies
Block Inc. is reportedly in talks with New York regulators to settle concerns over its Bitcoin and compliance…
Ethena’s ENA to be listed on Bithumb’s KRW market today
Bithumb, one of South Korea’s leading crypto exchanges, is set to add Ethena to its Korean Won market…
Bitcoin ETF outflows surpass $1b over two consecutive weeks
U.S. spot Bitcoin exchange-traded funds have experienced their second consecutive week of over $500 million in outflows leading…
Montana’s Bitcoin Reserve bill fails to clear House of Representatives
Montana’s Bitcoin reserve bill has failed to clear the House of Representatives after lawmakers voted against it during…
Hong Kong’s HK Asia expands Bitcoin holdings after board approval
Hong Kong-based investment holding company HK Asia will buy more Bitcoin after securing board approval to expand its…
Safemoon CTO withdraws not-guilty plea, admits to $200m SafeMoon fraud
Thomas Smith, the chief technology officer of the now-defunct cryptocurrency firm SafeMoon, has pleaded guilty to securities fraud…
SEC drops appeal against ruling that blocked controversial crypto broker-dealer rule
The United States Securities and Exchange Commission has voluntarily withdrawn its appeal against a Texas federal court ruling…
Strategy to raise $2b via convertible notes for Bitcoin purchases
Strategy, the world’s largest corporate Bitcoin holder, plans to raise $2 billion through zero-interest convertible notes to buy…
Bitcoin ETFs bleed out $585m in weekly exodus, ending 6-week inflow streak
Spot Bitcoin exchange-traded funds in the United States flipped to net weekly outflows over the past week, ending…