Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox

On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong... Read more »

IntoTheBlock Integrates TRON Network Analytics

Miami, Florida, March 14, 2024 –  IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON... Read more »

Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report

Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the... Read more »

Samson Mow says Bitcoin will hit $1 million this year amid unprecedented demand

Jan3 CEO Samson Mow said Bitcoin is on track to hit $1 million per coin this year or the next based on market conditions, the upcoming halving, and broader economic factors. Mow... Read more »

South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources... Read more »

Coinbase looks to raise $1 billion via bond offering amid bullish market trend

Coinbase announced plans to launch a $1 billion bond offering to raise funds for its growth and expansion, according to a March 12 filing. The bonds, designated as unsecured convertible senior notes,... Read more »

Grayscale introduces ‘mini’ Bitcoin ETF to alleviate investor tax burdens and curb outflows

Grayscale, the issuer of the world’s largest Bitcoin exchange-traded fund (ETF), has applied for a smaller version of its popular Grayscale Bitcoin Trust (GBTC) ETF under the “BTC” ticker, according to a... Read more »

Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024

Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash... Read more »

UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests

The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to... Read more »

Saylor says Bitcoin will ‘eat gold’ in the coming months

MicroStrategy executive chairman Michael Saylor predicted that Bitcoin will “eat gold” in the coming months because it is a far superior asset in every way. The MicroStrategy chair made the statement during... Read more »