Korean crypto exchange numbers fall 26% due to unclear regulations, bank access: report

A wave of closures has hit South Korean crypto exchanges, with smaller firms exiting the market as regulatory compliance and banking access remain hurdles. South Korea‘s crypto exchange market is getting smaller, as new government data shows the number of registered virtual asset service providers has dropped since last year. A Feb. 7 report from […]

Ethereum may be skipped in this cycle due to having a “wokie energy.”

Amidst the ongoing controversy over serial ETH dumps by Ethereum Foundation, Bitcoin.com CEO claims “this cycle may skip ETH” due to Ethereum’s ill-timed “wokie energy.” Are political leanings so critical in the crypto community in 2025? Lately, Ethereum has been under fire. Ethereum Foundation angered the community by selling large amounts of ETH, bringing its […]

Argo Blockchain CEO resigns due to financial struggles

Bitcoin miner Argo Blockchain announced a CEO departure and interim leadership changes. Argo Blockchain, the British dual-listed Bitcoin (BTC) mining company, has revealed that CEO Thomas Chippas will step down from his role and board position, effective Feb. 28.  CFO Jim MacCallum will step in as interim CEO while the company conducts a search for […]

Indonesian FSA crypto oversight transition stalled due to lack of government bill: report

The transition of crypto asset oversight in Indonesia from the Commodity Futures Trading Agency to the Financial Services Authority is reportedly facing delays due to a lack of supporting government regulation. According to a recent report by Jakarta Globe, the transition of crypto asset supervisory authority from the previous agency, Bappebti under the Ministry of […]

Upbit set to delist Bitcoin Gold on Jan. 23, 2025 due to trading caution

South Korea’s largest crypto exchange, Upbit, plans to stop trading support for Bitcoin Gold starting from Jan. 23, 2025. Users can still withdraw BTG 30 days after the date of delisting. According to notice published on Dec. 24, Bitcoin Gold (BTG) will no longer be available for trading on the Upbit exchange starting from Jan. […]

Celcius founder plead guilty due to fraud charges

Celcius, a global crypto and Bitcoin mining company has faced a fraud case since last year. Now, the founder pleaded guilty and agreed to be jailed for 30 years. Alex Mashinsky, the founder and ex-CEO of Celcius Network, is set to plead guilty to fraud charges, Reuters reported on Dec. 03. The federal prosecutor accused Mashinsky of […]