Bybit Falls Victim to Historic $1.4 Billion Hack, Security Concerns Mount
The cryptocurrency exchange Bybit was hit by the largest hack in history, losing $1.4 billion and highlighting the ongoing security vulnerabilities in the crypto sector.
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ADA Surges as Grayscale Plans First U.S. Cardano ETF
Cardano’s native token, ADA, experienced an impressive surge following Grayscale Investments’ application for the first ADA spot ETF in the U.S. The filing has led to significant optimism among investors, with ADA’s price outperforming both Bitcoin and Ether amidst a focus on Layer 1 cryptocurrencies.
Ethereum and Bitcoin Now Accepted for Hong Kong Investment Visas
Hong Kong has officially updated its Capital Investment Entrant Scheme to accept Bitcoin and Ethereum as valid proofs of net worth for investment visa applicants. This development marks a significant step in cryptocurrency adoption, making the city even more attractive to wealthy investors.
Tether and Reelly Partnership: Transforming UAE Real Estate with Stablecoin Payments
Tether unites with Reelly Tech to usher in USDT stablecoin payments for over 30,000 real estate agents, transforming property transactions in the UAE with enhanced efficiency and security.
India’s Budget 2025 Introduces Stricter Crypto Tax Compliance Rules
Budget 2025 aims to tighten tax laws for crypto transactions in India, demanding detailed disclosures from exchanges and enforcing a 30% tax on digital asset income without allowing for loss offsets.
Federal Reserve Confirmation Signals Major Shift in Crypto Landscape Amid Bitcoin Volatility
Following the Federal Reserve’s announcement of a significant policy shift, concerns over a potential Bitcoin price crash have intensified, influenced by comments from former President Donald Trump.
Crypto.com Set to Delist Tether for European Users in Compliance with MiCA Guidelines
Crypto.com announces the delisting of Tether (USDT) for European Union customers by January 31, following new compliance measures with the MiCA regulations. This strategic move comes after receiving a license to operate within EU jurisdictions.
SEC Establishes Task Force for Crypto Regulation
The U.S. SEC rolls out a new initiative to streamline cryptocurrency oversight under the Trump administration, with the aim of fostering digital asset adoption and market integrity.
Melania Trump Introduces Her Own Cryptocurrency Amid Trump Inauguration
As Donald Trump steps into the presidency, Melania Trump capitalizes on the moment by unveiling her own cryptocurrency, adding to the excitement around digital currencies.
Bitcoin Hits Record $109K Triggered by Trump Inauguration and Meme Coin Buzz
Bitcoin’s value surged to an unprecedented $109,000 fueled by traders’ optimism over President Donald Trump’s crypto-friendly outlook and excitement over new meme coin releases.