Crypto News
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Crypto
291 stories in this section
Japanese Company Sells Ethereum, Solana and XRP While Retaining $121 Million in Bitcoin
A Japanese company sold its Ethereum, Solana and XRP holdings for ¥878.8 million, while keeping $121 million in Bitcoin. Management may use the proceeds beyond cryptocurrency, leaving its portfolio Bitcoin-only.
Standard Chartered Debuts Bitcoin Trading in the United Arab Emirates
Standard Chartered has launched bitcoin trading in the United Arab Emirates, Bitcoin Magazine reports. The UAE joins other markets where the bank has introduced spot bitcoin trading in recent years.
Michigan Judge Blocks Kalshi Sports Bets and Threatens $500,000 Daily Fine
A Michigan judge barred Kalshi from offering sports bets in the state and threatened a $500,000 daily fine. The order called the platform’s operation sports betting “masquerading as an investment opportunity,” Decrypt reported.
Nearly $10 Million at Risk as Ethereum Layer 2 Prepares to Shut Down
Nearly $10 million could be stranded on an Ethereum layer 2 after deposits were halted and the network announced plans to shut down. CryptoSlate said users must follow differing exit procedures before New Year’s Eve to avoid possible loss.
Cornell University Survey Examines Bitcoin’s Use When Banking Fails
Cornell University surveyed 25,880 people about Bitcoin use. Bitcoin Magazine reports that, despite limited technical understanding among many users, the asset is proving useful for some when traditional banking services fail.
CrowdStrike and Authorities Disrupt Russian Malware Targeting Crypto Transfers
CrowdStrike and federal authorities disrupted Russia-based Sality malware, which allegedly redirected copied Bitcoin and Ethereum wallet addresses for eight years. More than 15,000 infected machines have been isolated.
Kalshi Bans George Santos for Life After State of the Union Trading Case
Kalshi permanently banned former congressman George Santos after finding he traded heavily on his own State of the Union attendance, made false statements to move prices and earned nearly $18,000, according to Decrypt.
Bitmine reaches 4.9% of Ethereum supply after adding 53.5K ETH
Bitmine now controls 4.9% of Ethereum’s supply after adding 53,500 ETH, Cointelegraph reported. The purchase marks 65 consecutive weeks of accumulation despite a prolonged crypto downturn and $5.1 billion in paper losses.