Bitcoin financial services firm Fold reported a 8% surge in revenue in Q4 to $9 million as it gained another 2,000 customers and rolled out more products aimed at integrating Bitcoin reward schemes into consumer spending. The results come just weeks after it released a Fold Bitcoin Rewards Credit Card, a Visa and Stripe-powered product,…
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US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into the ETFs since October last year. Data from Farside Investors shows Bitcoin ETFs raked in $199.4 million of net inflows on Monday. BlackRock’s iShares Bitcoin Trust…
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A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance. Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego said in a joint statement on Thursday that they “will conduct oversight to ensure the Department of Justice conducts a serious investigation…
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Ghana’s securities regulator has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox program, its first major step in support of crypto after passing a law to provide the local market with regulatory clarity in December. Ghana’s Securities and Exchange Commission said on Tuesday that the 11 crypto platforms…
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Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate asset classes when crafting legislation, according to the fintech chief of Australia’s securities regulator. In a paper presented at the Melbourne Money & Finance Conference on Wednesday, Australian Securities and Investments Commission’s (ASIC’s) head of…
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Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on…
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Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin. Bitcoin-based decentralized finance platform Solv Protocol says one of its token vaults was exploited for $2.7 million and has offered the attacker a 10% bounty in exchange for returning the stolen…
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The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site in…
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Crypto asset manager Bitwise has now donated a total of $383,000 to support developers who maintain and secure the Bitcoin network since 2024, with its latest $233,000 contribution announced on Wednesday. Its second payout, funded by 10% of gross profits from its Bitwise Bitcoin ETF (BITB), adds to the $150,000 that it donated in February…
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Billionaire investor Ray Dalio has warned against Bitcoin as a long-term store of value and safe-haven asset, arguing that it has little central bank support and has lingering concerns over its privacy limitations and quantum resistance. Dalio dismissed the idea that Bitcoin (BTC) can function as a digital gold, telling the All-In Podcast on Tuesday…
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