Day: 6 March 2025

FTX creditors are set to receive another round of repayments, with cryptocurrency exchange Kraken confirming that distributions will begin on May 30. This second round of payouts will cover small and large claims, including those exceeding $50,000, as revealed by FTX creditor representative Sunil in an X post. According to ...

Crypto asset manager Bitwise has unveiled a new exchange-traded product (ETP) that blends Bitcoin’s growth potential with gold’s defensive stability. The Bitwise Diaman Bitcoin & Gold ETP (BTCG), launched on March 6, dynamically adjusts its allocations between Bitcoin and gold in response to market conditions, following the Diaman Bitcoin & ...

The blockchain industry continuously presents new investment opportunities, making it essential for participants to stay informed and act strategically. TRON’s ICO in September 2017 showcased the power of early investments, with TRX tokens launching at just $0.0019 before soaring in value. While some may have missed that opportunity, emerging blockchain ...

U.S. authorities have begun releasing thousands of Chinese-made cryptocurrency mining machines that were previously seized at ports of entry, according to industry executives.  Synteq Digital CEO Taras Kulyk told Reuters that thousands of cryptocurrency mining units have been released after up to 10,000 machines were initially seized at various U.S. ...

The crypto market is once again experiencing a dip, shaking investor confidence as Bitcoin, altcoins, and major DeFi projects struggle to maintain key support levels. However, market downturns have historically been the best opportunities for smart investors to accumulate high-potential assets before explosive breakouts. Among the top contenders for massive ...

Cryptocurrency custodian Hex Technologies Pte. Ltd., a subsidiary of Hex Trust, has received a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS), expanding its regulatory approvals in the country. According to a March 6 press release, The license allows Hex Trust to provide a fully integrated ...

Meme coins have rapidly transformed from being a speculative investment to a legitimate sector of cryptocurrency that attracts investors from around the globe. With a unique combination of community involvement and viral trends, meme coins offer an exciting investment opportunity for those who have a taste for risk and reward. ...

Malaysia-based BioNexus Gene Lab has announced a shift in its treasury strategy, prioritizing Ethereum (ETH) over Bitcoin (BTC) as its primary digital asset.  Following President Trump's announcement to establish this reserve, the company decided to include Ethereum in the U.S. Crypto Strategic Reserve. This positions Ethereum as a key asset ...

Bitcoin staking platform Solv Protocol has formed a strategic partnership with Soneium, an Ethereum Layer 2 blockchain backed by Japan’s Sony Group, to bring BTC staking to the network. Announced on March 6 via Solv Protocol’s official Medium page, the collaboration aims to strengthen the connection between Bitcoin and Ethereum’s ...

Cardano founder Charles Hoskinson revealed that he was not invited to the White House Crypto Summit on March 7, despite ADA being included in President Trump’s proposed crypto reserve. His exclusion has sparked discussions within the crypto community. Hoskinson expressed surprise during a March 6 broadcast: "We didn’t receive an ...