Author: Ava Patel

Article written by Ava Patel

Kraken exchange considers going public

March 8, 2025 1 min read

Kraken crypto exchange is considering going public with an initial public offering (IPO) in early 2026. This information was first reported by Bloomberg, based on sources close to the company. However, Kraken may change its plans. A spokesperson for Kraken mentioned that the company recently shared its financial highlights for 2024 to be more open about its business. They have a history of transparency, having been the first to publish

Nayib Bukele says the country “won’t stop” buying Bitcoin

March 8, 2025 1 min read

El Salvador’s president, Nayib Bukele, has rejected a new request from the International Monetary Fund (IMF) regarding the country’s Bitcoin purchases. He stated that El Salvador will continue to buy Bitcoin regardless of outside pressure. Bukele expressed his determination on social media, saying that the country’s Bitcoin strategy will not change, even after facing challenges and criticism. The IMF’s request is part of a $1.4 billion loan deal with El

President Donald Trump set to introduce a strategic Bitcoin reserve

March 6, 2025 1 min read

President Donald Trump is set to announce plans for a strategic Bitcoin reserve at the White House Crypto Summit this Friday. Commerce Secretary Howard Lutnick shared this news, stating that the initiative aims to make the US a leader in digital assets and blockchain technology. Lutnick emphasized that Trump sees a Bitcoin reserve as essential for America’s financial future. He mentioned that the President has been interested in this idea

Chinese authorities warn about scammers impersonating DeepSeek developers

March 3, 2025 2 mins read

Chinese authorities have issued a warning about scammers posing as developers of a blockchain project called DeepSeek. These fraudsters used misleading tactics to attract investors, claiming that DeepSeek was a secure and efficient investment platform. They also distributed fake DeepSeek applications that contained malware, putting users’ data at risk. DeepSeek gained attention in January when its AI model matched OpenAI’s performance on certain benchmarks at a lower cost. This excitement

Switzerland rejects Bitcoin as a reserve currency

March 2, 2025 1 min read

Martin Schlegel, the head of Switzerland’s central bank, has rejected Bitcoin as a reserve currency. He believes Bitcoin is illiquid and highly volatile. In an interview, Schlegel stated that cryptocurrencies do not meet the essential requirements for a healthy currency. He became the president of the Swiss National Bank (SNB) in October 2024. Schlegel pointed out that Bitcoin and other crypto are too unstable to be part of a nation’s

The US SEC drops its case against MetaMask

March 1, 2025 2 mins read

The US SEC has decided to drop its case against ConsenSys, which operates the MetaMask wallet. They no longer believe that the wallet violates securities laws. Joseph Lubin, the CEO of ConsenSys, welcomed this decision. He praised the SEC’s new leadership for being supportive of innovation and investors. This is the sixth case the SEC has dismissed against crypto firms this week, indicating a change in their enforcement strategy. However,

Bittensor Price Soars, Filecoin Rally Loading; Analysts Predict BDAG Will Reach $20 by 2027—10 CEX Listings On the Way!

February 27, 2025 5 mins read

The hunt for the top crypto to buy in 2025 just got a lot more exciting as Bittensor’s price soars, Filecoin’s bullish rally approaches, and BlockDAG’s 10 upcoming CEX listings brew a massive surge in coin value. Bittensor (TAO) is on fire, jumping over 33% this week, driven by some strong bullish signs. Filecoin (FIL) has also made a steady climb, up 2.57% in the last week, and looks like

eXch denies accusations of laundering funds from the $1.4 billion Bybit hack

February 24, 2025 1 min read

Non-KYC crypto exchange eXch has denied claims of laundering funds from the $1.4 billion Bybit hack. Blockchain analysts have linked some stolen assets to eXch. The exchange acknowledged that it processed a small amount of the hacked funds but called the case “isolated.” On February 21, 2025, Bybit experienced a major theft. Hackers stole over $1.4 billion from its Ethereum cold wallet. Investigators believe the Lazarus Group, a North Korean

CZ responds to mounting speculation about his involvement with meme coins

February 23, 2025 1 min read

Changpeng Zhao, the founder of Binance, has addressed rumors about his involvement with meme coins. He clarified that he does not actively trade these coins. In a recent tweet, he rejected the idea of being a “real Chongtugou user” and described himself as a “blacksmith.” He sees himself as a builder who creates tools rather than following market trends. CZ also mentioned that he is not a typical centralized exchange

Trust Wallet says crypto wallets must improve security and user experience to drive adoption

February 22, 2025 2 mins read

Crypto wallet adoption is expected to increase as digital assets become more popular. Developers are focusing on making these wallets user-friendly and secure. Trust Wallet emphasizes the importance of integrating wallets into mainstream financial technology. This will help more people access crypto while overcoming onboarding challenges. As cryptocurrencies gain global acceptance, crypto wallets have become crucial for managing digital assets safely. Reports suggest that the market will grow significantly, especially

Ripple rebrands to focus on cross-border payments and stablecoins

February 18, 2025 1 min read

Ripple has announced a significant rebrand to align with the Internet of Value. The company is shifting its focus to cross-border payments and stablecoins. This change reflects Ripple’s goal to transform global value transfer. On February 14, Ripple shared its rebranding news on X. The company emphasized its commitment to innovation in financial transactions. Ripple’s vision remains the same: to create seamless value transfer worldwide. A key part of this

Indian officials seize $190M in assets amid BitConnect Ponzi scheme

February 17, 2025 1 min read

Indian officials have seized around $190 million, or approximately Rs 1,646 crore, during an investigation into the BitConnect cryptocurrency fraud. This investigation is led by the Enforcement Directorate (ED) in Ahmedabad. It is part of a broader inquiry into a global Ponzi scheme that collapsed in 2018. The ED announced that it began its investigation under the Prevention of Money-Laundering Act (PMLA). This inquiry is based on FIRs filed by