Crypto company BitGo secures $212.8 million in US public offering
BitGo Raises $212.8 Million in IPO Amid Crypto Industry Challenges On January 21, BitGo Holdings, a cryptocurrency custody startup based in Palo Alto, California, announced the pricing of its initial public offering (IPO) in the United States, which exceeded projections. The IPO, which generated $212.8 million, marks the company’s inaugural foray into the stock market, […]
Behind the Flawed Introduction of Eric Adams’ New Crypto Token
Eric Adams Launches Cryptocurrency Amid Controversy NEW YORK — One moment, Eric Adams seemed to be gaining momentum. He recently returned from trips to Dubai and the Democratic Republic of Congo, and as a former mayor of New York City, he stood in Times Square on Monday to unveil his first private venture: a new […]
Coinbase CEO indicates important crypto vote can be postponed after last-minute cancellation
Crypto Bill Faces Challenges Despite Bipartisan Support Senators are pressing ahead with an important cryptocurrency bill aimed at granting the industry greater control following a last-minute stall in committee voting. The main sticking point revolves around finding common ground among Democrats, Republicans, the crypto sector, and banks—something that’s been in negotiation for months. The latest […]
Crypto Companies Lifted by Trump Hit Hard as US Bill Postponed
Concerns Rise in Crypto Industry Over Delayed Stablecoin Bill The early excitement surrounding cryptocurrencies during Donald Trump’s first year is now fading, replaced by a sense of worry. This shift comes after the Senate postponed a crucial digital asset bill amid intense discussions on stablecoin regulations. On Wednesday, the Senate Banking Committee decided to hold […]
Coinbase CEO Withdraws Backing for Senate Crypto Legislation Due to Ban on Tokenized Stocks
Coinbase has pulled its support for the draft of the Digital Asset Market Structure Bill introduced by the Senate Banking Committee. During a discussion on January 14, Coinbase CEO Brian Armstrong expressed concerns, stating, “It’s better to have no invoice than a fraudulent invoice.” He hopes that a better draft can be achieved. Late on […]
Major crypto legislation in jeopardy as Coinbase CEO withdraws backing before crucial Senate vote
The Senate Banking Committee is gearing up to discuss a long-awaited legislation aimed at regulating the cryptocurrency sector. However, momentum stalled after Coinbase CEO Brian Armstrong expressed his disapproval in a recent post on X. Armstrong stated, “It’s better to have no bill than a bad bill,” and he detailed some of the blockchain industry’s […]
Investors label crypto coin supported by Eric Adams a scam as its value quickly declines.
The steep decline of a digital currency endorsed by former New York City Mayor Eric Adams has ignited frustration among investors and crypto supporters. Many believe its launch resembles a classic “pull the rug” or “pump-and-dump” scheme. Within less than an hour of starting trading on Monday afternoon, the NYC token plummeted by an alarming […]
Malware named GlassWorm takes users’ crypto wallet information and passwords.
Malicious Mac Extensions Exploiting User Trust Mac users often believe their devices are more secure, especially when they source apps from trusted platforms. This perception is something attackers actively seek to exploit. Recently, security experts have uncovered a new malicious Mac extension capable of spying on users, stealing cryptocurrency wallet information, passwords, and even keychain […]
Pakistan partners with Donald Trump’s family’s crypto venture; World Liberty Financial to investigate stablecoin options.
New Partnership Between Trump’s Family and Pakistan World Liberty Financial, a cryptocurrency venture linked to Donald Trump’s family, has formalized an agreement with Pakistan. This announcement comes amidst a slight thaw in Pakistan-US relations. The partnership aims to explore the application of World Liberty’s stablecoin for cross-border transactions. As noted by Reuters, this is one […]
Crypto Billionaire Michael Saylor Lists Nvidia and Bitcoin as Top Assets of the Decade: Here’s Their Performance
Michael Saylor Highlights Top Assets of the Decade On Sunday, Michael Saylor, the Executive Committee Chairman of Strategy Co., Ltd. (MSTR), shared insights into the company’s focus on Bitcoin as a key asset. This highlights how MSTR has emerged among the top performers, only trailing behind Nvidia Inc. (NVDA) in the realm of high returns. […]