Cryptocurrency
JPMorgan Raises Bitcoin Mining Cost Estimate to $45,000
JPMorgan raises Bitcoin production cost to $45,000. Slower hashrate decline after halving event impacts cost. Long-term cost expected to trend closer to $42,000. JPMorgan analysts…
Morgan Stanley Bets BIg on Crypto with $270 Million GBTC Stake
Financial giant Morgan Stanley’s investment through GBTC positions the bank as a major holder of Bitcoin. Leading global banks, including JPMorgan Chase, Wells Fargo, and…
India’s SEBI Proposes Multi-Regulator Approach for Cryptocurrency Oversight
SEBI proposes multi-regulator oversight for cryptocurrency trading, diverging from RBI's concerns. Stablecoins could face prohibition, the panel aims to finalize recommendations by June. India's regulatory…
Should You Trust Crypto Twitter? Research Examines Influencer Impact
Crypto Influencers’ Questionable Impact on Investment Returns FTC Report Prompts Scrutiny of Social Media's Role in Crypto Scams Social Media: A Double-Edged Sword for Crypto…
Coinbase Targets Crypto Demand in Australia’s $600B Pension Market
Coinbase plans to launch a service for Australia’s self-managed pension sector. Digital asset investments in SMSFs have surged over 500% since 2019, reaching approximately A$1…
Underground Bank Network Targeting National Security Shut Down in China
Chengdu Bust Exposes Complex Network of Underground Banking. Cryptocurrency Used for Illicit Transfers. Crackdown Highlights National Security Risks of Organized Crime. Authorities in Chengdu, China,…
Fraud and Money Laundering: Canadian Crypto King and Associate Charged
Aiden Pleterski and aide Colin Murphy charged with money laundering The charges followed a joint investigation by Canada’s DRPS and OSC. OSC advises the public…
FTX Collapse: Salame Requests Lenient Sentence, Claims Innocence
FTX’s Ryan Salame seeks an 18-month term, citing cooperation with authorities. Legal team says Salame's life and career are already deeply impacted by the FTX…
El Salvador Mines Bitcoin Using Volcano Power, Boosting Holdings
El Salvador mines nearly 474 bitcoins in 3 years using geothermal power. Government's Bitcoin Holdings reach $354 million, aiming for eco-friendly mining. Collaboration with major…
Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto
Falcon Labs charged by CFTC for illegal digital asset derivatives trading. This firm will pay $1.76 million for unregistered U.S. customer transactions. The case marks…
