A BTC price breakout 'never seen before' — 5 things to know in Bitcoin this week

Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets.

Stablecoin use could be "stifled" by daily transaction caps in the European Union's Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework to be revised.On May 31, MiCA was signed into law which paved the way for the world’s first regulatory guidance on cryptocurrencies to come into effect. The legislation was received positively…

The deputy head of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, has reportedly said the country should be developing its own stablecoins. A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities

A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. 399 Total views 13 Total shares The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations.…

The growth of cryptocurrencies as an asset class “may challenge any framework” for financial stability, according to remarks from the chair of the Financial Stability Board (FSB) on Feb. 10.Speaking at a Bank of International Settlements’ (BIS) special governors meeting in Hong Kong, FSB chair, Randal K. Quarles, stated that the FSB “decided to undertake…

Sophisticated malicious outfits are keeping up with current trends, turning their sights on crypto users following the bankruptcy of FTX. 88 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTProfessional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in…

PancakeSwap has released version 3 of its BNB Chain, Aptos and Ethereum-based DeFi platform, touting improved performance and lower fees. 289 Total views 6 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) protocol PancakeSwap has launched version 3 of its automated market maker platform on BNB Chain and…

The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. 122 Total views 7 Total shares Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter…

Japan’s financial giant Monex Group, owner of cryptocurrency exchange Coincheck, will be granting Bitcoin (BTC) as a mid-term shareholder benefit in 2019.In addition to the existing shareholder benefits, the new dividends will be paid out to those who hold the company’s shares as of Sept. 30, 2019, as a mid-term shareholder benefit for the 2019…