Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Bitfarms Mines 21% More Bitcoins Last Month
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Bitcoin mining company Bitfarms saw a 21% increase in its Bitcoin production in June as it successfully defended itself against a takeover attempt by one of its main competitors, Riot Platforms.
Silvergate Bank Settles Charges with SEC
Reading time: < 1 minuteSilvergate Capital Corp., the parent company of a crypto-friendly bank that collapsed in 2023 and contributed to the industry’s banking crisis, has agreed to pay $63 million to settle accusations by US and California regulators.
Circle Obtains Approval to Issue Stablecoins Under MiCA Regulation
Reading time: < 1 minuteCircle yesterday announced that it has officially registered as an electronic money institution (EMI) in France.
IRS Unveils Final Regulations for Crypto Brokers
Reading time: < 1 minuteOn June 28, the United States’ Internal Revenue Service (IRS) announced its final version of the new reporting requirements for crypto brokers and clarified which industry participants will be affected by the changes.
Bitcoin Could Rise This Month: Report
Reading time: < 1 minuteCoinglass data shows that Bitcoin had a drop of 6.96% last month, which is in line with its average decline of 0.35% in June since 2013.
SEC Files a Lawsuit Against Consensys
Reading time: < 1 minuteThe SEC has filed a lawsuit against Consensys, alleging that the firm has acted as an unregistered broker through its MetaMask swaps service and violated the law through its MetaMask staking service.
Galaxy Digital: Ethereum ETFs Will Attract $7.5 Billion in First 5 Months
Reading time: < 1 minuteAccording to a report from Galaxy Digital, there is a potential for multi-billion market opportunity in Ethereum ETFs once approved.
Kraken Co-founder Donates $1M in Crypto to Trump’s Campaign
Reading time: < 1 minuteJesse Powell, co-founder of Kraken, has publicly announced that he has personally donated $1 million, primarily through Ether, towards Donald Trump’s 2024 Presidential campaign.
Abra Reaches Agreement With 25 States
Reading time: < 1 minuteAccording to the Conference of State Bank Supervisors (CSBS), Abra, a crypto investment platform, and its founder and CEO William “Bill” Barhydt have reached a settlement with 25 state financial regulators.
Animoca Eyes IPO in 2025
Reading time: < 1 minuteAnimoca Brands is planning to become a publicly traded company in 2025.
