Crypto News And Market Updates

A digital screen showing a hacked social media account, symbolizing cybersecurity threats in the crypto industry.

Over 8.6K Solana Wallets Linked to $21M DEXX Hack

November 29, 2024 Paulo

Over 8.6K Solana wallets linked to the $21M DEXX hack as losses near $30M. Recovery, security upgrades, and negotiations continue to aid users.

Former U.K. minister Steve Baker joins Axiom Venture Capital as an adviser.

Former U.K. Minister Steve Baker Joins Axiom Venture Capital as Adviser

November 28, 2024 Paulo

Former U.K. minister Steve Baker approved for an advisory role at Bitcoin-focused Axiom Venture Capital, with restrictions to ensure propriety.

Hong Kong cityscape featuring cryptocurrency symbols representing financial innovation.

Hong Kong Proposes Tax Breaks to Attract Crypto Hedge Funds and Investors

November 28, 2024 Paulo

Hong Kong plans tax exemptions on crypto gains for hedge funds, family offices, and private equity, competing with Singapore and Switzerland.

Vancouver Mayor Aims to Transform City into Bitcoin Hub

November 28, 2024 Paulo

Vancouver Mayor Ken Sim plans to make the city Bitcoin-friendly, incorporating Bitcoin into investment portfolios to drive financial innovation.

Michael Saylor shares a Bitcoin chart suggesting another purchase by Strategy

SOS Limited to Invest $50M in Bitcoin for Corporate Reserve

November 27, 2024 Paulo

China’s SOS Limited to buy $50M worth of Bitcoin, bolstering its digital asset portfolio and highlighting BTC’s role as a strategic global reserve.

Digital illustration of institutional investors funding a blockchain project with golden crypto coins and futuristic network connections

US Judge Halts Arkansas Crypto Mining Laws in Chinese Ownership Case

November 27, 2024 Paulo

A US judge temporarily halted Arkansas laws targeting Chinese-owned crypto mining, citing potential constitutional violations and legislative overreach.

Morocco central bank building with cryptocurrency icons symbolizing regulation and innovation

Morocco Central Bank to Legalize All Cryptocurrencies

November 26, 2024 Paulo

Morocco’s central bank is drafting laws to legalize cryptocurrencies, inspired by Europe’s MiCA framework, aiming to boost financial inclusion.

Blockchain

Rumble to Invest $20M in Bitcoin as Treasury Strategy Gains Momentum

November 26, 2024 Paulo

Rumble plans to invest up to $20M in Bitcoin, marking a major move in its treasury strategy to embrace cryptocurrency. Shares spiked after the announcement.

Blockchain

Russia’s Central Banker Behind CBDC Initiative Steps Down

November 26, 2024 Paulo

Olga Skorobogatova, key architect of Russia’s digital ruble and Mir system, resigns as deputy governor, signaling a shift in the nation’s CBDC strategy.

Damian Williams speaking at a press conference, addressing crypto cases and his resignation plans.

US Attorney Behind Sam Bankman-Fried Case to Resign on Dec. 13

November 25, 2024 Paulo

US Attorney Damian Williams will resign on Dec. 13, with Edward Y. Kim stepping in as acting head. Key crypto cases, including FTX, remain in focus.