Industry News
MGX invests record $2 billion in Binance
MGX invests record $2 billion in Binance
Ahmed Yahia, Managing Director and CEO of MGX, said that MGX's investment in Binance reflects their commitment to advancing the transformative potential of blockchain in the digital financial sector. He stressed that as institutional adopti
13 Mar 2025
With the support of the UAE royal family, why did Binance raise $2 billion?
With the support of the UAE royal family, why did Binance raise $2 billion?
After the UAE "Prince" made a 100 billion bet on AI, he aimed at Crypto. Just now, Abu Dhabi's state-owned capital MGX announced that it would invest $2 billion in Binance. This is the first time that MGX has invested in Crypto, and it is a
13 Mar 2025
Nebraska signs Bitcoin ATM regulation bill
Nebraska signs Bitcoin ATM regulation bill
According to ChainCatcher, Nebraska Governor Jim Pillen officially signed the LB609 bill on Wednesday to regulate Bitcoin ATMs and other electronic transaction terminals to prevent fraud and protect consumer rights. The bill requires Bitcoi
13 Mar 2025
Bitcoin returns to above $82,000, volatility hits 7-month high! Standard Chartered still sees Bitcoin reaching $200,000 by the end of the year
Bitcoin returns to above $82,000, volatility hits 7-month high! Standard Chartered still sees Bitcoin reaching $200,000 by the end of the year
Bitcoin recovered yesterday's losses and rose 1.89%, returning to above $82,000. Yesterday, Bitcoin hit a new low for the year, reaching a low of $76,677.1.According to Coinglass data, Bitcoin volatility rose to 3.38% yesterday, a new high
13 Mar 2025
Ethereum community launches Ethereum Guild to enhance the value of ETH
Ethereum community launches Ethereum Guild to enhance the value of ETH
Ethereum’s price has been sliding since December, and this new nonprofit was formed to address this.The Ethereum community has formed a new nonprofit called Ethereum Guild to help boost the value of Ethereum (ETH), whose poor performance ha
12 Mar 2025
California shuts down 42 cryptocurrency scam sites - $6.5 million stolen in massive fraud
California shuts down 42 cryptocurrency scam sites - $6.5 million stolen in massive fraud
California shuts down 42 fraudulent cryptocurrency websites, exposing a $6.5 million scam that cost victims an average of $146,306.42 fraudulent websites taken down — how scammers built fake crypto worlds to steal millions.California Attorn
12 Mar 2025
Arthur Hayes predicts Bitcoin will bottom out at $70,000 and will see a strong bull run in the future
Arthur Hayes predicts Bitcoin will bottom out at $70,000 and will see a strong bull run in the future
Arthur Hayes predicts Bitcoin could drop to $70,000 before its next rally, stressing the need to remain patient. He warns of high volatility in the short term and highlights the role central banks play in driving future gains.Arthur Hayes o
12 Mar 2025
Blind Signature Vulnerability: ZKPs Offer Potential Solution After Bybit Hack
Blind Signature Vulnerability: ZKPs Offer Potential Solution After Bybit Hack
The hackers behind the Bybit hack have managed to cash out about $300 million of the $1.4 billion in stolen digital assets, despite industry efforts to stop it. The hack has sparked a debate on how Web3 companies can prevent similar attacks
12 Mar 2025
Congress strikes back at IRS cryptocurrency rules, a big win for digital assets
Congress strikes back at IRS cryptocurrency rules, a big win for digital assets
Congress just scored a big win for crypto innovation, overturning controversial IRS crypto rules that critics say stifle the growth of digital assets and push development overseas.U.S. House and Senate overturn IRS crypto rules, reduce comp
12 Mar 2025
US lawmaker: Stablecoins are key to strengthening dollar dominance
US lawmaker: Stablecoins are key to strengthening dollar dominance
A U.S. congressman stressed that a well-regulated stablecoin market is essential to maintaining the dollar’s ​​global dominance, modernizing payments, and expanding financial access without involving excessive government intervention.Lawmak
12 Mar 2025