Category: Crypto

Dean Skurka, CEO of Toronto-based WonderFi Technologies, was reportedly abducted in downtown Toronto during rush hour on November 6.
The post Crypto Firm CEO Kidnapped, Freed After Paying $1 Million Ransom: Report appeared first on Cryptonews. …

Jack Dorsey’s Block announced plans to boost investments in Bitcoin mining and its Bitcoin wallet by reallocating resources from its canceled “Web5” project and reducing Tidal investments.
The post Jack Dorsey’s Block Advances Bitcoin Mining Plans As Trump’s Crypto Policies Look Likely appeared first on Cryptonews. …

BlackRock, the world’s largest asset manager, has witnessed a record-breaking $1.1 billion in inflows into its spot Bitcoin exchange-traded fund (ETF), IBIT.
The post BlackRock’s Bitcoin ETF Sees Record $1 Billion Inflows after Two Days of Outflows appeared first on Cryptonews. …

Italy’s economy minister on Thursday showed willingness to reconsider the proposed crypto capital gains tax hike after pressure from lawmakers in his own party.
The post Italy’s Economy Minister Considers Revising 42% Crypto Tax Plan After Party Pushback appeared first on Cryptonews. …

The City of Detroit will carry out crypto transactions through a “secure platform” managed by payments giant PayPal.
The post US City Detroit to Accept Cryptos for Tax Payments Via PayPal appeared first on Cryptonews. …

A governance proposal to rebrand the decentralized finance protocol Sky back to its original Maker name has been decisively rejected in a vote heavily influenced by a small number of whale investors.
The post Whales Reject Proposal to Rebrand DeFi Protocol Sky to Maker appeared first on Cryptonews. …

Bitcoin price nears $76,000 as Jack Dorsey’s Block ends Web5 project to focus on mining. Discover how this shift could impact the crypto ecosystem.
The post Bitcoin Price Nears $76,000 as Jack Dorsey’s Block Shifts Focus to Mining, Halts Web5 Project appeared first on Cryptonews. …

By offering this solution to corporate clients, UBS aims to deliver enhanced transparency, efficiency, and security for cross-border transactions.
The post UBS Pilots Blockchain-Based Solution for Faster Cross-Border Payments appeared first on Cryptonews. …

Changpeng Zhao stated he has no plans to return as Binance CEO, citing the role’s demands and moving past that phase.
The post Changpeng Zhao States He Has No Desire to Go Back to Being Binance CEO appeared first on Cryptonews. …

While bullish indicators such as Ether ETF inflows point to potential upside for ETH, recent spikes in derivatives trading volume suggest increased volatility. 
The post Ether Eyes $3.2K Breakout Amid Positive ETF Inflows, Trump Victory Boosts Sentiment appeared first on Cryptonews. …