Crypto Short News

  • Crypto news Qadir AK Jun 30, 2025 10:08 UTC

    Kazakhstan to Launch State-Backed Crypto Reserve Using Seized Assets

    Kazakhstan plans to establish a state crypto reserve, potentially managed by a National Bank affiliate, according to Chairman Timur Suleimenov. The reserve would be funded through confiscated crypto-assets and digital currencies mined with government participation. This initiative marks a strategic step toward integrating crypto into the country’s financial framework. By creating a centrally managed reserve, Kazakhstan aims to enhance control over digital assets while leveraging them as a new form of national financial security.

  • Bitcoin Qadir AK Jun 30, 2025 05:11 UTC

    Metaplanet Increases Bitcoin Holdings to 13,350 BTC

    Metaplanet has made another major Bitcoin purchase, adding 1,005 BTC to its treasury at $108.1 million. This latest acquisition brings the company’s total Bitcoin holdings to 13,350 BTC. The move reflects Metaplanet’s ongoing strategy to strengthen its position in the crypto market. As traditional firms explore digital assets, Metaplanet continues to lead with bold Bitcoin accumulation. The company’s growing BTC stash signals a strong belief in Bitcoin’s long-term value and role in corporate reserves.

  • Hack Sohrab Khawas Jun 24, 2025 07:23 UTC

    WazirX Gets Court Extension for Restructuring

    WazirX has received the green light from the Singapore Court to submit further arguments in favor of its proposed restructuring plan. The Court also extended the moratorium, originally set to end on June 6, 2025, providing the exchange with continued legal protection while proceedings continue. This development gives WazirX a crucial window to reinforce its case. The company now awaits further instructions from the Court and has assured its users of ongoing efforts to resolve the situation transparently.

  • Crypto news Qadir AK Jun 24, 2025 07:18 UTC

    The Smarter Web Company Boosts Bitcoin Holdings to 543 BTC

    UK-based web development firm, The Smarter Web Company, has strengthened its Bitcoin portfolio by purchasing 196.9 BTC at an average price of $103,290. This latest addition brings its total Bitcoin holdings to 543.52 BTC. The move reflects the company’s strategic shift toward digital assets as part of its long-term financial planning. By increasing its exposure to Bitcoin, Smarter Web joins a growing number of firms integrating crypto into their treasury reserves, signaling rising confidence in Bitcoin’s role as a store of value.

  • Crypto news Qadir AK Jun 24, 2025 07:16 UTC

    Metaplanet Targets 210,000 BTC with $5B Investment in U.S. Expansion

    Japanese firm Metaplanet is going all in on Bitcoin, allocating $5 billion to its U.S. subsidiary to accelerate BTC purchases. The company aims to build a massive Bitcoin reserve of 210,000 BTC by the end of 2027. This bold move signals Metaplanet’s long-term commitment to Bitcoin as a strategic treasury asset. With this aggressive acquisition plan, the company is positioning itself as a major player in the global Bitcoin landscape, following in the footsteps of companies like MicroStrategy.

  • Hack Qadir AK Jun 19, 2025 07:14 UTC

    Iran Imposes Crypto Exchange Curfew After $100M Nobitex Hack

    In response to a major $100 million hack targeting Nobitex, Iran’s largest crypto exchange, authorities have introduced a strict curfew on all crypto exchange operations. Platforms are now only allowed to operate between 10 a.m. and 8 p.m. daily. The move is seen as an effort to prevent capital flight and increase oversight of digital asset transactions. The decision highlights growing government concerns over crypto-related risks and the need for tighter control in the sector.

  • Hack Sohrab Khawas May 09, 2025 09:05 UTC

    German Authorities Seize eXch Crypto Platform Over Money Laundering Ties

    The Frankfurt Prosecutor’s Office announced the seizure of the crypto platform eXch by law enforcement. Authorities confiscated €34 million and the platform’s infrastructure. eXch is under suspicion for providing money laundering services related to several high-profile crypto hacks, including the Bybit hack, multisig vulnerabilities, the FixedFloat exploit, and the $243 million Genesis Creditor theft. This crackdown highlights ongoing efforts to combat illicit activities in the crypto space.

  • Hack Qadir AK Mar 28, 2025 12:57 UTC

    NCDRC Dismisses ₹2000 Crore Hack Lawsuit Against WazirX

    The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. This decision marks a significant moment in the ongoing debate over crypto regulations in India.

  • Crypto news Elena R Mar 10, 2025 16:45 UTC

    Tether’s USDT Gains Thai SEC Approval for Legal Trading

    Thailand’s Securities and Exchange Commission has approved Tether’s USDT as a regulated cryptocurrency, allowing it to be traded and used for payments. The updated regulations, set to take effect on March 16, 2025, aim to enhance flexibility in the digital asset sector. With USDT accounting for 40% of local crypto volumes, this move strengthens Thailand’s position as a digital asset hub. Tether’s CEO, Paolo Ardoino, praised the decision, emphasizing the company’s commitment to supporting Thailand’s crypto ecosystem.

  • Crypto news Nidhi Kolhapur Feb 13, 2025 18:21 UTC

    Trump Teases New Reciprocal Tariffs to Level Global Trade Playing Field

    President Donald Trump teased on Truth Social Thursday a new round of reciprocal tariffs, aiming to match the higher rates other countries charge on American imports. He described it as “THE BIG ONE” in his post, calling it a key step to “MAKE AMERICA GREAT AGAIN.” Reciprocal tariffs were a key part of Trump’s campaign. He wanted to create a fairer trading system by imposing tariffs (taxes) on goods from other countries that charge high tariffs on U.S. products. The tariffs are expected to impact developing countries the most, particularly India, Brazil, Vietnam, and other nations in Southeast Asia and Africa. These countries have some of the widest differences between the tariff rates they charge on US goods and what the US charges them.

  • Crypto news Mustafa Mulla Jan 20, 2025 05:40 UTC

    Robinhood Crypto Exchange to List TRUMP Meme Coin

    Robinhood is preparing to list the TRUMP meme coin, which has already gained traction on platforms like Bitget, KuCoin, and Kraken. On-chain data reveals that the token boasts a market cap exceeding $7.6 billion, with trading volumes around $15 billion. Adding to the hype, crypto giants Coinbase and Binance have also announced plans to list the TRUMP token. These developments are expected to fuel further interest in the meme coin, positioning it as a rising star in the crypto space. The growing support from leading exchanges highlights the TRUMP token’s increasing popularity and market potential.

  • Fintech Company Mustafa Mulla Jan 07, 2025 14:19 UTC

    MicroStrategy’s Bitcoin Bet Pays Off Big: $14 Billion in 2024!

    In a recent tweet post, Michael Saylor, the chairperson of MicroStrategy, shared the company’s impressive Bitcoin gains in 2024. MicroStrategy acquired 258,320 BTC for $22.07 billion at an average price of $85,450 per Bitcoin. Starting the year with 189,150 BTC, the company gained an additional 140,630 BTC — that’s 385 BTC daily! With Bitcoin potentially reaching $100,000 each, this move could create $14.06 billion in shareholder value for the year, translating to $38.5 million per day! Saylor’s strategy continues to prove the power of Bitcoin for long-term growth.

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