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Tesla records $140M Bitcoin net loss in 2022

The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204-million impairment. According to a filing with the United...

Digital asset investment products see highest inflows since July 2022: Report

According to CoinShares, digital asset investment products saw $117 million in inflows last week. On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital...

Hackers breach Azuki’s Twitter account, stealing $758K in 30 minutes

Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT)...

State senator pushes bill to make Bitcoin legal tender in Arizona

The state senator also introduced a similar bill to make Bitcoin legal tender in 2022 but did not succeed. Wendy Rogers, an Arizona state senator...

New York Assembly introduces crypto payments bill for fines, taxes

The bill clarifies that state agencies can legally agree to accept cryptocurrency payments and that these agreements should be enforced by the courts. A bill...

SEC once again rejects ARK 21Shares Bitcoin ETF listing

Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors. The SEC has once again...

Porsche NFT trading volume nears $5M despite launch woes, minting halt

Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints. German luxury car manufacturer Porsche's nonfungible token (NFT) collection...

Pantera, Kraken, and others join consortium for Injective Labs’ $150M fund

The initiative’s consortium will help with technical development, research, marketing, and community growth. The digital asset markets have been shaky in the past year, but...

SEC commissioner makes controversial case for ETH, XRP, faults Howey’s test

SEC’s Commissioner Hester Pierce points out loopholes in the popular Howey’s test used to classify assets as securities. Disgruntled with the back and...

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