News

The world's largest crypto has declined for five consecutive weekends, noted Standard Charterd's Geoff Kendrick.

After more than two years of working with the French regulator, Bybit has come off France AMF's blacklist, the CEO of the exchange said.

Revenue from pig butchering scams, where perpetrators cultivate relationships with individuals and convince them to participate in fraudulent schemes, increased nearly 40% in 2024 from the previous year, the firm estimated in a report published on Thursday. The company pointed to marketplaces that support pig butchering operations and the use of GenAI as factors making it easier and cheaper for scammers to expand operations. Indeed, GenAI technology could potentially "exponentially scale crypto scams", Chainalysis said.

Gamestop shares rose in after-hours trading Thursday as speculation continues to build around the company using its cash reserves to buy bitcoin.

Michael Saylor predicts Bitcoin will reach $5 million, citing three major catalysts — a spot Bitcoin ETF, bank custody with lending, and fair value accounting for BTC on corporate balance sheets.

Reportedly the games retailer is considering whether to invest some of the cash in its war chest to buy BTC coins, which have soared following Trump's November election.

MILAN (Reuters) -Shares in Italy's top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder, without disclosing the size of its stake. Turin-based Juventus is controlled by Italy's Agnelli family through their investment company Exor, which holds a 64% stake in Italy's most successful club. The holding did not sell any shares to Tether, a spokesperson said.