Australian fintech industry experienced a notable contraction in 2024, with more than 7% of fintech companies shutting down, according to KPMG’s Australia Fintech Landscape 2024 report. Blockchain and cryptocurrency firms bore the brunt of the decline. KPMG reported...
Bitcoin miner HIVE Digital has reported a significant 67% increase in its Bitcoin holdings following a boost in its production capacity in November 2024. In its monthly production update, HIVE revealed that it had mined 103 BTC during...
21Shares, a leading provider of crypto-based financial products in Europe, has released its 2025 State of Crypto Market Outlook, offering an optimistic view of the industry’s trajectory. The report, published on December 9, identifies key trends, including Bitcoin's...
Ripple CEO Brad Garlinghouse has expressed disappointment with how his interview on the popular American television program 60 Minutes was handled. The episode, which aired on Sunday, December 8, 2024, was widely anticipated as it was the first...
Cardano founder Charles Hoskinson has reacted to comments praising Input Output Hong Kong (IOHK), the firm behind the Cardano blockchain, for consistently fulfilling its promises to the ecosystem. https://t.co/avzP6quCLF pic.twitter.com/AsWdZJuT3I — Charles Hoskinson (@IOHK_Charles) December 9, 2024 On...
David Sacks, the newly appointed White House AI and Crypto Czar, has drawn renewed attention from the XRP community due to his past remarks on the SEC v. Ripple case. His comments, made during a July 14, 2023...
The likelihood of a Solana exchange-traded fund (ETF) being approved has hit a major obstacle, with reports suggesting that the U.S. Securities and Exchange Commission (SEC) may not advance the applications under current leadership. According to Eleanor Terrett,...
Former U.S. Treasury Secretary Lawrence Summers has criticized President-elect Donald Trump’s proposal to establish a national Bitcoin reserve, describing it as “crazy” and a tactic to appease crypto-friendly campaign donors. Speaking to Bloomberg TV on December 6, Summers...
Binance has revamped its P2P Merchant Program, unveiling a three-tier reward system—Bronze, Silver, and Gold—to recognize verified merchants based on their trade volume and performance. The exchange claims the update targeted at encouraging higher trading standards and enhancing...
Australia has launched a task force to crack down on cryptocurrency ATM operators failing to adhere to the country’s anti-money laundering (AML) regulations, as announced by the Australian Transaction Reports and Analysis Centre (AUSTRAC) on December 6. In...
