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CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.

A new survey indicates a notable shift in the cryptocurrency preferences among South Korean participants. Conducted from December 24 to 26, 2024, with 5,225 respondents, the study reveals Bitcoin (BTC) retains its top spot while Ripple’s XRP has notably eclipsed Ethereum (ETH) to claim second place. The survey was carried out by The POL, a … Read more

Bitcoin has led the cryptocurrency market for years, but a new set of digital coins is rising. These five cryptocurrencies are preparing to challenge its dominance, with potential growth reaching an astonishing 16,900% by 2025. Uncover which emerging assets could disrupt the market and possibly reshape the future of digital currency. Score Big with XYZ: … Read more

Phoenix Group’s North Dakota facility adds over 2.7 exahashes to its global hash rate. Completed in under five months, the site showcases engineering efficiency and scalability. The facility strengthens the company’s position as a leader in blockchain innovation. Phoenix Group has opened a 50-megawatt blockchain mining facility in North Dakota, according to a post on … Read more

On Monday, over $1 billion flowed into spot bitcoin and ether ETFs with Fidelity and Blackrock ETFs dominating the inflows. Bitcoin and Ether ETFs Extend Strong Start to 2025 U.S. spot bitcoin and ether exchange-traded funds (ETFs) continued their strong start to the year with a combined inflow of $1.1 billion on Monday, Jan. 6. … Read more

Rostin Behnam is stepping down as chair of the US Commodity Futures Trading Commission on Jan. 20, calling for stronger crypto oversight and leaving behind a legacy of enforcement.

The ongoing AI revolution is one of the dominant narratives in the financial markets. While we tend to think primarily of Nvidia (NASDAQ: NVDA) as the main beneficiary, there’s one stock that has netted even greater returns from the rally — and that is big data analytics and AI infrastructure company Palantir (NASDAQ: PLTR). At … Read more

Ripple’s RLUSD stablecoin gets a boost as Chainlink’s price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger.

Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy. Economist Steve Hanke Opposes Strategic Bitcoin Reserve Proposal Old-school economists have started criticizing the idea of allocating … Read more

Crypto exchange Gemini agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about how easily the price of a bitcoin futures contract could be manipulated. Cameron and Tyler Winklevoss’ exchange settled without admitting or denying liability, according … Read more