Bitcoin ETFs scooped up almost 3X more BTC than produced in December
Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced.
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Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Token 2049: Vitalik Buterin Says Non-Financial Blockchain Use Cases Are a ‘Harder Pitch’
Ethereum (ETH) co-founder Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction, as the primary added value they offer is decentralization. Buterin made his remarks during a speech at crypto event Token 2049 in Hong Kong on March 13.Buterin began by noting that finance is “realistically the first blockchain [application]…

Crypto stocks surge alongside Bitcoin price rally
Crypto stocks’ strong performance was largely attributed to growing bets that Donald Trump will win the presidential election.

CZ hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express
Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the “equivalent” of $50B. Asia Express.

BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent
Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX Gold (PAXG), and the other being the release of Binance’s cryptocoin backed by the United States dollar (BUSD). Paxos, a global digital…

BlockFi confirms unauthorized access to client data hosted on Hubspot
As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks. 248 Total views 3 Total shares New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about…

Number of UK crypto firms operating under FCA temporary registration status drops
The Financial Conduct Authority named CEX.IO, Revolut, Copper, Globalblock and Moneybrain as companies in the crypto space temporarily allowed to operate in the United Kingdom. 298 Total views 21 Total shares The number of firms permitted to offer crypto services to U.K. residents under temporary registration status from the Financial Conduct Authority has dropped from…

Bitcoin has further to fall before BTC attacks $70K, says trader
Bitcoin and altcoins see retracement amid a short-term target of April’s all-time highs to act as support for BTC/USD. 3654 Total views 24 Total shares Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues.In an analysis on Nov. 10, popular Twitter account Crypto Ed said that the…