The US Treasury has sanctioned Philippines-based tech firm Funnull, accused of providing services to thousands of crypto scam websites. This action highlights the increasing regulatory focus on combating crypto-related fraud.
Tag: Bitcoin Adoption
Hyperliquid Whale Loses Nearly $100M as Bitcoin Dips: A Cautionary Tale of Leverage
A high-profile Hyperliquid trader, James Wynn, faced massive liquidations totaling almost $100 million after Bitcoin briefly plunged below $105,000. This event highlights the risks associated with high-leverage trading in the volatile crypto market.
Panama Considers Bitcoin for Faster Panama Canal Transit: A Game Changer?
The Mayor of Panama City proposes accepting Bitcoin for expedited Panama Canal passage, potentially revolutionizing global trade and crypto adoption.
Bitcoin ETF Outflows Emerge, BlackRock Remains a Beacon
After weeks of inflows, US Bitcoin ETFs experienced a combined outflow. We delve into the details, BlackRock’s resilience, and what this means for the market.
SEC Staking Guidance a Major Step Forward
The SEC’s new staking guidelines are a big win for crypto regulatory clarity, potentially paving the way for staked Ether ETF approval before the end of 2025.