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Author: James Wilson
In an exclusive interview with crypto.news, Mohammed AlKaff AlHashmi, talks about Indonesia’s potential as a crypto hub after receiving regulatory approval for the HAQQ’s native token from the country’s FSA. Indonesia is currently ranked as the third-highest country in terms of crypto adoption, according to Chainalysis. Less than 8% of the population is said to hold crypto, according to the latest data. Not only that, Indonesia is also currently at a transition phase when it comes to its crypto industry, with regulatory supervision being transferred to the FSA from its Commodity Futures Trading Agency. Mohammed AlKaff AlHashmi, co-founder of HAQQ…
Tether’s latest move puts USDT directly on Bitcoin’s infrastructure, allowing stablecoin transactions to settle faster and more efficiently via the Lightning Network. Tether (USDT), the world’s largest stablecoin issuer, has announced its integration with Bitcoin’s (BTC) ecosystem, marking a new step in the stablecoin’s expansion beyond traditional blockchain networks. Revealed on Jan. 30 at the Plan B conference in El Salvador, the move will bring USDT to both Bitcoin’s base layer and its high-speed Lightning Network, unlocking new possibilities for remittances, payments, and everyday transactions. Tether CEO Paolo Ardoino described the initiative as a push toward real-world financial applications, stating…
Legal trouble is catching up to Pump.fun. With two lawsuits in motion and fraud allegations flying, is this meme coin casino finally running out of luck? Pump.fun, a platform notorious for launching meme coins on the Solana (SOL) blockchain, is now facing a second class-action lawsuit just days after the first. The legal battle, led by Burwick Law and Wolf Popper LLP, alleges that the platform is violating U.S. securities laws by selling unregistered securities disguised as meme tokens. **LAWSUIT ALERT**Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.Full…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. America’s new pro-crypto leadership could propel BTC, ETH, and altcoins like Catzilla to new highs. The crypto market is buzzing as new leadership takes shape in America, sparking optimism for digital currencies. With Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies already experiencing a surge, investors are eager to explore what this shift means for the future. Catzilla: A meme coin roaring toward gains In the wild, unpredictable world of meme coins, a new apex predator has arrived — Catzilla.…
The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl. Previously, Michl argued hat the bank should diversify its investment portfolio and consider allocating funds to alternative asset classes, including Bitcoin. His proposal suggested allocating of the CNB’s €140 billion ($145.6 billion) in reserves to BTC. “Based on the results of the analysis, the Bank Board will…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While data shows that SHIB whales are exiting meme positions at a high rate, capital is flowing to a new viral altcoin, DTX. Shiba Inu (SHIB) whales are making moves, and the crypto market is taking notice. With the Shiba Inu price struggling and key technical indicators flashing warning signs, major holders are exiting their meme coin positions at an unprecedented rate. At the same time, a new player, DTX Exchange (DTX), is attracting serious investor interest with its…
Crypto hacks surged in January 2025, with total losses reaching $73.9 million across 19 incidents, according to a report by Immunefi. The figure marks a ninefold increase from December but a 44.6% decline compared to January 2024, when hackers stole $133.4 million, according to the report. Singapore-based exchange Phemex accounted for the bulk of the losses, suffering a $69.1 million breach. During the breach, Phemex suffered a nearly $70 million hot wallet exploit with hackers siphoning funds across Ethereum (ETH), Solana (SOL), XRP (XRP), and Bitcoin (BTC). Source: Immunefi Analysts linked the attack to North Korea, noting that the stolen…
Norway’s central bank holds over $500 million in indirect Bitcoin exposure through investments in MicroStrategy and other cryptocurrency-focused companies. According to K33 Research, Norway’s indirect exposure to Bitcoin (BTC) has nearly tripled over the past 12 months due to increased allocations to crypto-related firms. Vetle Lunde, K33 head of research at K33, wrote that the Norway Sovereign Wealth Fund holds 0.72% of MicroStrategy’s total shares, valued at approximately $514 million as of December 2024. This investment translates to indirect exposure of around 3,214 Bitcoin. While Norway’s central bank has invested in MicroStrategy since 2009, the trend accelerated last year as…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s gains vanish as Ethereum sees rising whale activity, while Rollblock gains traction amid market volatility. Solana’s recent rebound was short-lived as Wednesday started on a bearish note, wiping out yesterday’s gains. Ethereum also continues to tread water, but this could change soon, as whale activity has started ramping up. Meanwhile, web3 casino Rollblock emerges as a safe haven amid this market-wide volatility spike. With the crypto gambling narrative set for a major comeback later this year, and a…
Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain exposure to the Bitcoin mining industry without directly investing in the cryptocurrency. Bitcoin miners play a key role in the Bitcoin (BTC) network, using powerful computers to solve complex mathematical problems that secure transactions and maintain network operations. In return, miners are rewarded with newly minted Bitcoin. The MNRS ETF invests in companies that generate most of their revenue from…