Cryptocurrency

Yesterday, Bitcoin spot exchange-traded funds (ETFs) saw record-high net outflows of $671.9 million—the highest ever reported since they launched in January. The Grayscale Bitcoin Trust (GBTC) lost the most capital with $208.6 million, followed by the ARK 21Shares Bitcoin ETF losing $108.4 million, according to Farside Investors data. This outflow aligned with a downturn in […]

Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California

Roman Storm, co-founder of crypto-mixing platform Tornado Cash, hopes to have charges against him dropped after sanctions against his software were dropped. In Storm’s Dec. 18 motion to dismiss, he cites the recent Fifth Circuit ruling that the Treasury’s Office of Foreign Assets Control (OFAC) overstepped by sanctioning Tornado Cash’s immutable smart contracts. The ruling

Coinbase has now overtaken two of the world’s largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts. The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable

Worldcoin, the crypto-based digital identity project co-founded by OpenAI CEO Sam Altman, is under scrutiny again as German regulators demand compliance with European Union (EU) data protection laws. The Bavarian State Office for Data Protection Supervision’s (BayLDA) investigation focused on how Worldcoin’s flagship technology, the World ID, is compliant with GDPR standards, as per a

After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum. The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a

The U.S. Federal Aviation Administration issued several Temporary Flight Restriction orders on Wednesday prohibiting the use of drones over portions of New Jersey after the region was flooded with reports of sightings. The restrictions cover the airspace above over 20 cities in New Jersey, including Hamilton, Camden, Elizabeth, and Jersey City, and will be in

Dogecoin (DOGE) fell 12.4% in the past 24 hours as a broader market decline continues, triggered by the Federal Reserve’s latest economic outlook. The meme coin has dropped to $0.31, while trading volume surged 67% to $10.25 billion as holders repositioned their bags. It’s now down 35% from its 2024 high of $0.47. Despite the

The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution

There he goes again. Craig Wright, the computer scientist whom a UK court ruled in March was absolutely not Satoshi Nakamoto, was found in contempt of court Thursday for continuing to assert his identity as the mysterious inventor of Bitcoin. Wright, who is believed to be in Asia and did not show up for the