the cryptocurrency market experienced a significant correction, with Bitcoin (BTC) falling below the key $106,000 level and Ethereum (ETH) dropping below the $3,600 mark, putting widespread pressure on market sentiment.
According to sources familiar with the matter, Coinbase (stock code: COIN.O), a well-known cryptocurrency exchange, is planning to acquire BVNK, a stablecoin infrastructure startup, for approximately $2 billion.
Hong Kong Securities and Futures Commission Chairman Wong Tin-yau publicly stated that Hong Kong has not yet formulated specific regulations to clearly govern listed companies' participation in cryptocurrency investment activities.
According to Bloomberg, international financial services giant Citigroup and leading cryptocurrency exchange Coinbase Global have officially entered into a strategic partnership.
The government of British Columbia, Canada, proposed new legislation on Monday that would limit electricity use by artificial intelligence data centers and permanently ban new cryptocurrency mining projects.
Following UK regulators' relaxation of regulations on cryptocurrency investment vehicles, BlackRock Group officially launched the UK's first Bitcoin-linked exchange-traded product (ETP).
A legal alliance comprised of leading cryptocurrency lawyers is reportedly preparing to file a major lawsuit against Binance, the world's largest cryptocurrency exchange.
Konstantin Galish, 32, co-founder of the cryptocurrency trading platform Cryptology, was found shot dead in a Lamborghini in the Obolon district of Kyiv. Evidence at the scene pointed to suicide.