Toobit Announces AUSTRAC Registration, Bolstering Security and Service for Australian Crypto Traders
Toobit is a very well-known and award-winning cryptocurrency exchange, which has recently announced its successful registration with the Australian Transaction Reports and Analysis Centre, a.k.a AUSTRAC, as a Digital Currency Exchange. This is in full compliance with the country’s Anti-Money Laundering and Counter-Terrorism Financing Act of 2006. What This Means for Australian Traders The news […]
It almost felt inevitable after the latest developments on Trump’s tariff front that bitcoin’s price would eventually head south after a relatively calm weekend. Recall that the US Supreme Court ruled that many of the POTUS’s tariffs imposed in the past year were illegal, determining that he should have been unable to use the IEEPA […]
Crypto markets have tanked again, with Bitcoin dropping more than $3,000 in an hour or so, wiping out all weekend gains. Donald Trump has been on the tariff warpath again, imposing a 15% global tariff after the Supreme Court found on Friday that his sweeping tariffs exceeded his authority. “Meanwhile, geopolitical tensions remain elevated between […]
South Korea’s financial authorities are facing criticism after failing to spot major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), a vulnerability remained that allowed a single employee to trigger massive coin transfers without detection. Bithumb Crypto […]
Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently sits on centralized exchange platforms. The concentration of assets on trading venues reveals that, despite the shock of the FTX collapse in 2022 and years of industry messaging around self-custody, about one out of every six BTC in […]
The team behind the controversial project posted a celebratory message a few days ago, marking the first anniversary of the Open Network’s launch. However, many users questioned the project’s actual use case once again and lashed out at the lack of migration progress. Open Network Celebrates 1st Birthday In its blog post, the team began […]
Cryptocurrency payments to suppliers of fentanyl precursor chemicals began falling in mid-2023, months before overdose deaths declined. This pattern suggests that blockchain data may provide an early signal of disruptions in the illicit drug supply, according to a new report from Chainalysis. Early Disruption in Fentanyl Supply The blockchain data company observed a measurable drop […]
Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650 million. The fund comes as the broader cryptocurrency market faces a severe downturn, with token prices declining and investor enthusiasm weakened. $650 Million Fund Dragonfly’s previous fund, its third, deployed $500 million into startups such as Polymarket, Rain, and Ethena. The new […]
The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67% from its September 2025 all-time high, with new on-chain data and community debates pointing to a network under strain. The mixed signals matter because they show a split between falling market sentiment and activity metrics that […]
Ethereum co-founder Vitalik Buterin holds more than 240,000 ETH, currently valued at approximately $467 million, according to blockchain intelligence platform Arkham’s investigation into his on-chain holdings. The analysis established Buterin as the largest accessible individual holder of Ethereum, though institutional players and exchange wallets dominate the top rankings of ETH ownership. Buterin’s Portfolio Composition and […]