Global fintech leader UTGL has announced a significant expansion of its Bitcoin holdings, reinforcing its confidence in the cryptocurrency as a transformative financial asset. This expansion emphasizes UTGL's strategy to utilize Bitcoin for long-term economic resilience, which aligns...
Mitrade, a globally recognized Contract for Difference (CFD) trading platform, has introduced an Excess of Loss Insurance Policy backed by Lloyd’s of London, offering up to AUD 1 million in coverage for claims due to company insolvency, aimed...
Bybit has partnered with Entravel, a leading crypto-native hotel booking platform, to offer its users exclusive access to discounted luxury travel. The partnership offers all users free membership, including discounted hotel rates and the option to book with...
Ming Shing Group Holdings Limited has announced a strategic investment in Bitcoin. According to a recent press release, Lead Benefit (HK) Limited, a wholly-owned subsidiary, has acquired 500 Bitcoins for approximately $47 million, with an average purchase price...
A recent study by BlackRock shows that global cryptocurrency adoption has reached 300 million users within just 12 years. This growth occurs 43% faster than mobile phone adoption and 20% faster than the internet. For comparison, mobile phones...
Mudrex, an Indian crypto investment platform, unexpectedly suspended withdrawals and faced criticism from the community. The company later explained that this pause was to upgrade its compliance system to prevent bad actors. Alankar Saxena, the founder and CTO...
Bithumb, a major cryptocurrency exchange in Korea, will switch its deposit and withdrawal services from NH NongHyup Bank to KB Kookmin Bank starting March 2025, as reported by The Korea Times on January 13. South Korea's Financial Intelligence...
The crypto market has seen a significant slowdown in inflows, with a 56% decrease over the past month. According to analyst Ali Martinez, capital inflows have dropped from $134 billion to $38 billion, indicating a decline in crypto...
HashKey Group announced on January 13, 2025, that its subsidiary in the Middle East and North Africa has received conditional approval for its Virtual Asset Service Provider (VASP) license application from the Dubai Virtual Assets Regulatory Authority. The...
JPMorgan CEO Jamie Dimon has once again criticized Bitcoin, arguing that it lacks intrinsic value and is frequently used by malicious individuals. He likened investing in Bitcoin to smoking, asserting that, although people can choose, it is not...
