Key Takeaways Leading Bitcoin miner TeraWulf reported $34.4 million in revenue for Q1 2025, marking a 19% year-over-year drop as the company faced multiple operational headwinds. The decline was largely attributed to the April 2024 Bitcoin halving, which cut mining…
Key Takeaways Leading crypto exchange Coinbase reported a 10% quarter-over-quarter decline in total revenue for the first quarter of 2025, totaling $2 billion. Despite showing year-on-year growth from $1.64 billion, the figure fell short of the $2.12 billion market forecast.…
Key Takeaways German authorities have seized $38 million in crypto from eXch, a crypto platform accused of laundering funds linked to 2025 Bybit’s $1.4 billion hack. The announcement was made jointly by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s…
Key Takeaways Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, allowing the state to retain custody of unclaimed digital assets like crypto in their native form. The bill, sponsored by House Commerce Committee Chair Jeff Weninger,…
Key Takeaways A proposal to make Texas the first state in the nation to formally hold Bitcoin as a strategic reserve asset is now just one vote away from becoming law. On May 7, the House Committee on Government Efficiency…
Key Takeaways Two bills aimed at permitting public funds in Florida to invest in Bitcoin have been indefinitely shelved, following the adjournment of the state’s 2025 legislative session on May 2. House Bill 487 and Senate Bill 550, both introduced…
Key Takeaways The Kyrgyz Republic has signed a new agreement with Binance to expand its presence in the digital asset sector. The Memorandum of Understanding (MoU) was signed between Binance and the National Agency for Investments under the President of…
Key Takeaways The Maldives government has signed a $9 billion agreement with MBS Global Investments, a Dubai-based firm, to construct a blockchain-focused financial district in the country’s capital, Malé. The centerpiece of the project is the proposed Maldives International Financial…
Key Takeaways The United States has formally moved to block Cambodia-based Huione Group from accessing the American financial system, citing its alleged role in laundering billions of dollars through crypto for North Korean hackers and transnational scam networks. The move,…
Key Takeaways A Texas lawmaker is calling on the federal government to install cryptocurrency ATMs in public buildings, framing the move as a step toward financial modernization amid the backdrop of increasing scrutiny for crypto kiosks. In a letter sent…
