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Terence Zimwara is an award-winning journalist and author specializing in the intersection of African macroeconomics and digital finance. Since 2018, he has reported extensively on Bitcoin and the broader cryptocurrency landscape, with his work appearing in numerous local print and online media out…
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Tether-backed Twenty One Capital reported $1.087 billion in third-quarter net income, largely driven by unrealized gains on its bitcoin holdings. Twenty One Capital Shares Slide Despite Billion-Dollar Profit Twenty One Capital reported…
Safepal customers in Italy are reportedly being targeted by a sophisticated phishing campaign involving fraudulent letters containing personalized QR codes and false firmware security warnings. Fraudulent Letters Exploit Compromised Data to Spread…
Bitcoin’s sell-off intensified as the cryptocurrency plunged to a nearly three-month low of $67,500, extending its November losses beyond 11%. Bitcoin Plunges to Three-Month Low Bitcoin’s sell-off, which began Wednesday, continued into…
Anchorage Digital is partnering with Visa to allow select stablecoins issued by its federally regulated bank, starting with Western Union’s USDPT, to be used as native settlement assets on Visanet. Rapid Growth…
Tether has released an open-weight, 800-million-parameter artificial intelligence (AI) assistant designed to run locally on smartphones and personal computers. Outperforming Larger Rival Models Stablecoin issuer Tether has released a new artificial intelligence…
Polymarket odds that Nvidia CEO Jensen Huang will resign or be removed before the end of the year jumped following reports of a second affair with a direct subordinate. Details of the…
Bitcoin rebounded to above $74,600 after dropping to $72,787 following hotter-than-expected U.S. inflation data. The range-bound price action led to low leverage wipeouts, with bitcoin liquidations standing at $51 million out of…
Trump Media and Technology Group reported a $409.7 million third-quarter profit, reversing a $54.8 million loss a year earlier, largely driven by non-cash gains on digital assets and equity securities. Non-Cash Digital…
Binance Research suggests slowing global monetary tightening could improve bitcoin’s outlook before central banks begin cutting interest rates, while growing use of tokenized equities in decentralized finance (DeFi) points to a new…
Bitcoin fell below $73,000 on Tuesday after hotter-than-expected October inflation data showed consumer prices rising 0.4%. Bitcoin Slides as Inflation Data Sparks Market Volatility Bitcoin price fell below $73,000 on Tuesday following…
Zcash developers have proposed reducing the network’s target block interval from 25 seconds to 20 seconds under the draft Network Upgrade 7.1. Zcash Developers Propose 20-Second Block Times Zcash developers have proposed…
Former Ethereum Foundation employee Kayleen Fulton has filed a federal lawsuit alleging wrongful termination, disability discrimination, and medical leave violations—and said she was dismissed after organizing pushback to a document that included…
Sharplink reported a Q3 net income of $751.4 million, a more than sevenfold year-over-year increase, driven primarily by unrealized gains on its cryptocurrency holdings. Modest Revenue Growth and Cost Controls Nasdaq-listed ether…
According to Fitch Ratings, bitcoin demonstrated growing market resilience following the $6.3 billion Binance hack, falling just 6%—a far milder price decline than those seen during previous crypto crises. Bitcoin’s Drop Defies…
Bitcoin struggled to recover from a weekend sell-off that pushed its price below $74,000, briefly rebounding above $75,400 before renewed selling pressure erased gains. BTC Struggles Below $75K Bitcoin’s price wobbled Monday…
The crypto market endured a volatile first week of November, briefly gaining approximately $100 billion following the U.S. midterm elections before surrendering those gains amid a global technology stock sell-off. Post-Election Rally…
Despite top-line growth, Terawulf’s operating loss widened to $88.2 million in Q3 while IREN saw bitcoin mining revenue fall 88% year-over-year. Operating Losses Widen Amid Rising Costs For the third quarter of…
Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve. However, the move also froze about $16 million worth…
Bitcoin briefly fell below $75,000 on Friday, hitting its lowest level since Aug. 21 as a U.S.-led technology stock sell-off spread across global markets. Bitcoin Slides to Lowest Level in Months Bitcoin…
The National Bank of Ukraine (NBU) has rejected the current draft of legislation regulating virtual assets, citing risks to monetary sovereignty, financial stability and fair competition. NBU Raises Concerns Over Legislative Transparency…
Canary Capital has launched an exchange-traded fund for Injective’s INJ token, allowing investors to gain exposure to the cryptocurrency and earn potential staking rewards. Meeting Demand for Specialized Blockchain Networks Digital asset…
Thailand’s securities regulator has filed a criminal complaint against the operator of the crypto exchange Bitget for running an unlicensed digital asset business, with plans to ban access within the country in…
South Korea plans to delay its 22% tax on cryptocurrency gains by another two years, moving the planned implementation date from 2027 to 2029. South Korea plans to delay its planned capital…
Equity tokenization is rapidly evolving into a multi-billion-dollar sector as global investors seek relief from legacy market inefficiencies like rigid hours. According to MEXC CEO Vugar Usi Zade, the shift is primarily…
Democrats’ midterm election victories, which secured the party control of both the Senate and House of Representatives, are expected to reshape legislative priorities, with greater emphasis on stricter oversight of emerging technologies.…
Morgan Stanley said it is among the first major financial institutions to tokenize real-world assets using the Depository Trust and Clearing Corporation’s newly launched Tokenization Service. Digitizing Legacy Instruments Wall Street giant…
Bitcoin rebounded from an intraday low of $75,618 to surge past $81,000 for the first time since Oct. 29, climbing nearly 4% on the day to bring its market cap near $1.62…
South Korean financial regulators have called for increased cold wallet storage and tighter internal access controls just days after hackers siphoned $6.3 billion in digital assets from Binance. South Korea Orders Security…
Bitcoin experienced volatile trading Tuesday, falling to $76,268 before recovering above $77,700 as investors weighed the fallout from the Binance hack and U.S. midterm election uncertainty. Bitcoin endured a volatile trading session…
Privacy coins fell on Tuesday amid a broader crypto downturn that saw bitcoin drop toward $76,000. Zcash led the decline with a 7% daily loss, which sparked a surge in long positions…
Custodia Bank has filed a reply brief urging the U.S. Supreme Court to review a 10th Circuit decision that allowed regional Federal Reserve banks to deny master accounts to eligible institutions. Supreme…
Bitcoin slipped below $77,000 on Monday, despite Binance’s announcement that it had fully replenished assets lost in the recent hack using its own funds. Another, albeit much smaller crypto exchange hack also…
Strategy acquired 811 bitcoins for approximately $65.5 million, bringing its total holdings to 849,327 BTC and U.S. dollar assets to $4.9 billion. Record Earnings and Financial Growth Bitcoin treasury giant Strategy has…
Following Prime Minister Benjamin Netanyahu’s proposal to use cryptocurrencies to evade potential banking sanctions, Israeli crypto industry leaders have pushed back, warning that such rhetoric hurts the domestic Web3 ecosystem. Industry Leaders…
The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses. Bitcoin declined 3.3% in the final week, extending its year-to-date losses…
An Israeli-Russian citizen accused of stealing $2.8 million in digital assets, has been extradited to the U.S. after Israel’s Supreme Court rejected his final appeals. Federal Indictment and Extradition Request Alexander Block,…
Global blockchain revenues are projected to decline year over year to $100 billion in 2026, down from approximately $140 billion in 2025. Despite the downturn, the DeFi and finance sector remains the…
Bitcoin stabilized above $77,000 after a $6.3 billion Binance hack triggered a marketwide sell-off, pushing the cryptocurrency to a multiweek low of $76,320. Bitcoin Plunges to Multiweek Low Following Binance Hack Bitcoin…
Aave froze 292 reserves across its V3 and V4 markets following a major Binance security breach that saw attackers steal more than 195,000 ETH and millions of dollars in altcoins. Binance Exploit…
Cryptocurrency liquidations exceeded $1.54 billion following a Binance hack-related marketwide sell-off that disproportionately affected leveraged long positions. Market Crash Triggers $1.5B in Liquidations Cryptocurrency market liquidations surpassed $1.54 billion Friday morning after…
MEGA, the entity behind Ethereum Layer 2 network MegaETH, has laid off 20% of its staff to pivot toward artificial…
Yuki Yamamoto3 min readCrypto investment products suffered $1.55 billion in net outflows last week as US spot Bitcoin ETFs experienced over $1 billion…
Yuki Yamamoto3 min readA record 36.3% of the total Ethereum supply is now locked in staking despite a difficult month for ETH price,…
Yuki Yamamoto2 min readJane Street doubled its combined holdings across three leading spot Bitcoin ETFs to $1.79 billion in the third quarter, driven…
Yuki Yamamoto3 min readWork with the Crypto News Bulls team and make an impact.
