Explained: Ethereum’s Pectra Upgrade – Bitcoinik
Ethereum is about to schedule its Pectra Upgrade in late April or early May 2025 after the Hoodi Testnet deployment. The upgrade will make Ethereum more decentralized and censorship-resistant. What is Pectra Upgrade? The Pectra Upgrade is an acronym for…
Michael Saylor’s Strategy plans to raise $711 million to fund Bitcoin acquisition
Key Takeaways Strategy plans to raise approximately $711 million for Bitcoin acquisitions and working capital. The released preferred stock offers a 10.00% dividend rate and redemption rights under certain conditions. Share this article Strategy, the business intelligence firm helmed by…
South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting overseas virtual asset…
Another Day Another Crypto Hack: RWA Platform ZOTH Is Drained Of $8.85 Million
An RWA (real-world asset) platform built on Ethereum has suffered a malicious attack resulting in a loss of $8.85 million. Zoth, which is a self-described ‘RWAFi’ platform, had already been hacked once this month. Security experts believe this latest hack…
PI Token Is Tanking – But Can This New Pi Network Partnership Turn Things Around?
TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours…
Eminem’s Unreleased Songs Sold for $50K in Bitcoin, Ex-Engineer Charged
Eminem’s former sound engineer, Joseph Strange, has been charged with copyright infringement and interstate transportation of stolen goods for allegedly leaking and selling 25 of Eminem’s unreleased songs for $50,000 in bitcoin. Leaked Songs Circulated via Youtube and Reddit The…
Coinbase in ‘advanced’ talks to acquire Deribit: report
Coinbase is reportedly in advanced discussions to acquire Deribit, a leading crypto derivatives exchange specializing in Bitcoin and Ether options, according to Bloomberg. The companies have informed regulators in Dubai— where Deribit is licensed — about the ongoing negotiations, though…
Ripple urges SEC to stick to statutes and leave new crypto rules to Congress
Key Takeaways Ripple argues that the SEC should focus on existing statutes and defer new crypto regulations to Congress. Ripple criticizes the previous SEC administration’s application of the Howey test as distorted and complex. Share this article Ripple has called…
Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets
Switzerland’s central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank…
SEC Ruling: Proof-of-Work Mining Not Subject To Securities Law
The US Securities and Exchange Commission (SEC) has officially ruled that proof-of-work (PoW) cryptocurrency mining does not constitute securities trading under US law. Importantly, the SEC has clarified that Bitcoin, Litecoin, and Dogecoin are treated as commodities rather than securities….
