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US Senator Pledges to Reverse SEC’s Crypto Policies Under Gary Gensler in 2025

A US senator promises to reverse SEC Chair Gary Gensler's crypto policies, supporting a nominee advocating for innovation-friendly regulations. US Senator Pushes for Change in SEC Crypto Oversight U.S. Senator Tim Scott (R-S.C.) has vowed to address the effects of SEC Chair Gary Gensler's policies on cryptocurrency regulation. On January 7, Scott announced his support…

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North Dakota joins Growing Trend, Considers Setting up Crypto Reserve

The state of North Dakota is considering diversifying its assets into crypto and precious metals.  Legislators in the state drafted a resolution that seeks to mitigate the impact of inflation on North Dakota’s finances by diversifying its assets.  Digital assets and Precious metals are the two foremost investment vehicles considered in the resolution.  The official…

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Thai Authorities Seize 1,000 Bitcoin Mining Rigs in $3.2M Electricity Theft

Thai authorities seized nearly 1,000 Bitcoin mining rigs in Chon Buri province for electricity theft worth $3.2 million, uncovering tampered power meters. Law Enforcement Takes Action in Chon Buri Province Law enforcement in Thailand has seized nearly 1,000 Bitcoin mining rigs from a company accused of electricity theft, marking one of the largest crackdowns in…

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Bitcoin Mining Stocks Attract Major Institutional Investments: CORZ, WULF, IREN, and HUT Lead the Pack

Institutional investments in Bitcoin mining stocks soar in 2024, with CORZ, WULF, IREN, and HUT showing significant growth. Explore emerging trends and investor preferences. Investor Sentiment on Bitcoin Mining Stocks in 2024: A Shift in Institutional Strategy Institutional investors are increasingly betting big on Bitcoin mining stocks, with Core Scientific (CORZ), TeraWulf (WULF), Iris Energy…

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FV Bank Integrates PayPal’s PYUSD Stablecoin for Instant Cross-Border Transactions

FV Bank now supports PayPal USD (PYUSD) stablecoin for real-time deposits and payments, simplifying global transactions with blockchain-powered solutions. FV Bank Adds PayPal USD for Real-Time Banking FV Bank, a regulated U.S.-licensed digital bank, has integrated PayPal USD (PYUSD) into its banking platform, expanding its stablecoin offerings. This integration allows users to deposit PYUSD directly…

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Solana Faces Market Setback as New Layer-2 Project Solaxy Raises $9.3M in ICO

Solana's price drops 5% as the broader crypto market faces challenges, but Solaxy’s $9.3M ICO raises investor interest with its innovative Layer-2 solutions. Solana Faces Continued Price Decline Solana's (SOL) price has dropped 5% in the past 24 hours, falling to $190. This marks a 15% decline since Monday, erasing recent gains and signaling further…

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Grayscale Outlines 39 New Crypto Assets under Consideration for Adoption 

Grayscale Investment outlined 39 crypto assets classified as Assets under Consideration it plans to include in its future investment products.  The investment firm also updated its existing family of products alongside outlining the new 39 crypto assets it is considering for inclusion.  Both selections were made based on Grayscale’s Crypto Sectors framework. The Framework was…

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