$649B stablecoin transfers linked to illicit activity in 2024: Report
Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an…
Bitcoin ‘hot supply’ nears $40B as new investors flood in at $95K
Key points:Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.”“Hot supply” has doubled in just…
$649B stablecoin transfers linked to illicit activity in 2024: Report
Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an…
Beijing to invest in blockchain, integrate into infrastructure
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years.According to an April 29…
Ethereum price has several reasons to break $2,000 next
Key takeaways:Ether’s price was rejected at $1,860, but $1,800 must hold for a $2,000 breakout.Strong Ethereum ETF inflows signal high institutional…
A16z leads $25M funding for Miden blockchain project
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.Miden closed its $25 million seed rounds led…
BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing…
A16z leads $25M funding for Miden blockchain project
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.Miden closed its $25 million seed rounds led…
Circle gets Abu Dhabi regulatory nod to expand in Middle East
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market…
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29…