Google delists Huione app after Elliptic report
Google removed Huione’s mobile app from its Play Store following reports of criminal activity on the platform. Huione Guarantee, described by Elliptic as the biggest illicit marketplace ever, was delisted from the Google Play Store amid allegations of money laundering and illegal operations. However, the app remains available on the Apple iOS App Store. Huione […]
Self-custody wallet Ctrl Wallet up for sale: report
Ctrl Wallet, a leading self-custody digital wallet provider, is actively exploring acquisition opportunities to scale its operations, CEO and founder Emile Dubie announced. The company, formerly known as XDEFI, is in the midst of a sales process, with a final decision on the winning bidder expected by Jan. 31, according to a report by CoinDesk. […]
Bitcoin ETFs resume inflows as BTC surge past $100k following US CPI report
Spot Bitcoin exchange-traded funds in the United States saw a return to inflows on Jan. 15, as Bitcoin briefly surpassed $100k following the release of U.S. December Consumer Price Index data. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $755.01 million in net inflows on Wednesday, breaking a four-day outflow streak during […]
Illicit crypto volume could have reached $51b in 2024: report
Cryptocurrency illicit activity is diversifying, with illicit crypto volumes for 2024 expected to surpass $51 billion, according to a new report. While the total volume identified so far is $40.9 billion, historical trends suggest that figure will grow as more wallet addresses are linked to criminal activity, according to Chainalysis’s 2025 Crypto Crime’s report. The […]
Trump’s SEC plans crypto overhaul, may freeze crypto lawsuits: report
The U.S. SEC is set for a significant shift in cryptocurrency policy under the incoming Trump administration. According to Reuters, the SEC is preparing to review its enforcement actions, potentially freezing or even withdrawing cases that do not involve fraud allegations. The move would mark a stark departure from outgoing SEC Chair Gary Gensler’s aggressive […]
Crypto.com rejects the CFTC’s request to suspend Super Bowl sports contracts in 50 states: report
Crypto.com has rejected the Commodity Futures Trading Commission’s request to pause all trading for its sports contracts as the commission decides to review whether they violate any regulations on gaming. According to a recent Bloomberg report, the CFTC has asked the crypto exchange to put all trading of sports-related contracts on hold as the commission […]
Solana is top choice for 70% of AI projects: report
AI-powered assistants are opting for Solana more than ever, attracted by its ability to scale smoothly and keep costs down. According to a recent report by Franklin Templeton, 70% of AI-powered virtual assistants, known as AI agents, choose to operate on the Solana (SOL) blockchain. This preference is largely due to Solana’s ability to handle […]
Bitcoin mining showed strong growth in 2024 despite halving: report
Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers behind the rally included the launch of U.S. spot Bitcoin ETFs, accelerating institutional adoption, and […]
Huione, company behind largest illicit online marketplace, launches stablecoin: report
Huione Group, a Cambodian conglomerate linked to the largest illicit online marketplace, has launched its own stablecoin, USDH. The news comes via an Elliptic report and comes despite ongoing scrutiny of its subsidiary, Huione Guarantee, a Telegram-based platform serving cybercriminals in Southeast Asia Elliptic’s research revealed that Huione Guarantee has facilitated at least $24 billion […]
CFTC mulling review of Crypto.com futures contracts linked to Super Bowl bets: report
The CFTC are voting on whether Crypto.com futures contracts, that let investors bet on who will win major football games including the Super Bowl, should be subject to a 90-day review. According to a Bloomberg report published on Jan. 14, the five-member federal commission are considering whether to probe Crypto.com over future contracts trading that […]
