Sahil Poudel

Bybit is fined $2.4 million by the Dutch Central Bank for a regulatory violation.

Sahil Poudel

In brief De Nederlandsche Bank (DNB) fined cryptocurrency exchange Bybit $2.4 million for operating in the Netherlands without requiring registration. ...

Trump’s Lead Over Harris Narrows on Polymarket as Bitcoin Dips to $68,000

Sahil Poudel

Summary As Election Day draws closer, the contest between Donald Trump and Kamala Harris is getting closer, according to polymarket ...

Pakistan Offers Legislation to Acknowledge Digital Currency

Sahil Poudel

Summary In an effort to establish a central bank digital currency (CBDC), the State Bank of Pakistan (SBP) has suggested ...

Ellipsis Labs Gets $21M to Create a Blockchain Atlas with a Finance Focus

Sahil Poudel

SUMMARY The decentralized exchange Phoenix on Solana was developed by Ellipsis Labs, which has raised $21 million in a fundraising ...

CryptoQuant CEO Predicts Bitcoin Will Become a Currency by 2030

Sahil Poudel

Summary CryptoQuant CEO Ki Young Ju believes Bitcoin will become considerably stable and less volatile by the next halving event ...

Ethiopia’s Bitcoin Mining Surge: Powering the Future

Sahil Poudel

Ethiopia’s Emerging Hub Ethiopia has become a Bitcoin Mining Hub, with power consumption of 600MW, with 5200MW installed capacity. This ...

Radiant Capital Exploiter Moves $52M to Ethereum Network

Sahil Poudel

Summary An attacker moved $52 million in stolen cryptocurrency assets onto the Ethereum network after breaching DeFi lender Radiant Capital, ...

Crypto Startup Layer Secures $6M to Solve Smart Contract Limitations

Sahil Poudel

A blockchain infrastructure startup, Layer, has successfully raised $6 million in a seed funding round. This project is led by ...

Bhutan Turns to Bitcoin Mining for Economic Self-Reliance

Sahil Poudel

Bhutan, a small kingdom in south asia, is using bitcoin mining as a part of its strategy to obtain economic ...

Over $100 million is lost by a Malaysian electricity company as a result of illicit bitcoin mining.

Sahil Poudel

In brief Tenaga Nasional Berhad (TNB), Malaysia’s national electrical provider, has disclosed losses resulting from illicit Bitcoin mining activities of ...