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Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Tim Scott Announces Banking Committee Priorities for 119th Congress
In a latest development, Chairman Tim Scott has announced the legislative and oversight priorities for the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 119th Congress. Scott aims to focus on increasing financial inclusion and advancing opportunities for Americans nationwide. “My goal for this Congress is simple: make America work for Americans. …
Nidhi Kolhapur·15 Jan 20252 min
U.S CPI Data Released: Inflation Rate Rises To 2.9%, Crypto Market Turns Bullish
The U.S. Consumer Price Index (CPI) report for December, a key gauge of inflation, has just been released by the Bureau of Labor Statistics (BLS). While the CPI data could boost the U.S. dollar, it’s unlikely to prompt immediate adjustments to the Federal Reserve’s monetary policy. Let’s dive into the details and explore how this …
Nidhi Kolhapur·15 Jan 20253 min
South Korea’s FIU to Fine Upbit Over 600,000 Suspected KYC Violations
South Korea’s largest cryptocurrency exchange, , is facing a disciplinary hearing by the Financial Intelligence Unit (FIU) over alleged Know Your Customer (KYC) violations. This regulatory action could have significant consequences for the exchange and the country’s cryptocurrency industry. What Is the FIU Investigating? The FIU, part of South Korea’s Financial Services Commission, has scheduled …
Nidhi Kolhapur·15 Jan 20254 min
Chainalysis Acquires Alterya for $150 Million to Enhance AI-Driven Fraud Prevention
In a recent move, Chainalysis, a leader in crypto analysis and forensics, has acquired Alterya, an Israeli startup focused on AI-driven fraud detection, for approximately $150 million. Alterya uses AI agents to detect and prevent scams targeting financial institutions, fintech, and crypto service providers. This investment allows Chainalysis to move beyond reactive investigations and offer …
Nidhi Kolhapur·14 Jan 20251 min
Semler Scientific Acquires 237 BTC, Achieves 99.3% BTC Yield
In a latest development, Semler Scientific has acquired 237 BTC for $23.3 million at $98,267 each, raising its total holdings to 2,321 BTC worth $191.9 million. The purchase was made at an average cost of $98,267 per Bitcoin, including all charges. Notably, Semler Scientific used an at-the-market (ATM) offering and operational funds to invest in …
Nidhi Kolhapur·14 Jan 20251 min
Tether Plans Relocation to El Salvador After Securing DASP License
In a latest development, Tether and its subsidiaries are finalizing plans to relocate to El Salvador after securing a Digital Asset Service Provider (DASP) license and becoming a stablecoin issuer. Notably, this license allows the company to operate legally as a stablecoin issuer and digital asset service provider in the country. The move follows Bitfinex Derivatives, …
Nidhi Kolhapur·13 Jan 20252 min
Just In: BlackRock Launches iShares Bitcoin ETF on Cboe Canada
In a significant development for the crypto landscape, BlackRock has launched its iShares Bitcoin ETF on Cboe Canada, offering investors a way to gain exposure to Bitcoin through their brokerage accounts. Cboe Canada Inc. announced the launch of BlackRock Asset Management Canada Limited’s latest exchange-traded fund (ETF), the iShares Bitcoin ETF. The iShares Bitcoin ETF, …
Nidhi Kolhapur·13 Jan 20252 min
Singapore Bans Polymarket Prediction Platform
In a latest development, on 13 January 2025, Singapore has officially banned the operation of Polymarket, a prominent crypto-based prediction platform. Singapore’s Monetary Authority (MAS), the country’s central bank and financial regulator, cited several reasons for the ban. Notably, Polymarket was reportedly operating without the necessary licenses required under Singapore’s Payment Services Act. The ban …
Nidhi Kolhapur·13 Jan 20251 min
MoonPay Acquires Helio for $175 Million to Expand Crypto Payment Infrastructure
According to a latest report from FOX Business, Crypto payments platform MoonPay has acquired blockchain payment processor Helio for $175 million, possibly starting a series of mergers in the digital asset sector under the crypto-friendly Trump administration. MoonPay’s Largest Acquisition The acquisition is MoonPay’s biggest so far and will enhance its payment system by integrating …
Nidhi Kolhapur·13 Jan 20252 min