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Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange…
Bitcoin Magazine Bithumb Bitcoin Blunder Sends $44 Billion to Users, Rattles Crypto Markets South Korean crypto exchange Bithumb said it mistakenly distributed more than $40 billion worth of Bitcoin to…
Bitcoin Magazine Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff South Korea-based cryptocurrency exchange Bithumb reportedly made an operational mistake that led to…
Revolut has begun offering full banking services in Mexico after receiving a banking license through a direct application. The neobank aims to cater to a digital-first market seeking a trusted…
Bitcoin Magazine Vexl: Empowering Peer-to-Peer Bitcoin Exchange Through Social Networks In an era where centralized exchanges dominate cryptocurrency trading, Vexl stands out as a peer-to-peer (P2P) application designed to connect…
According to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using banking-related names without…
On Tuesday, internet backbone heavyweight Cloudflare hit a global outage, and the domino effect clipped several digital asset platforms in the process. Cloudflare acknowledged the chaos at 6:48 a.m. Eastern…
Bitcoin Magazine Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology Boltz, the bitcoin-only instant swap exchange, is cornering a niche sector of the bitcoin industry…
Kraken’s quarterly revenue more than doubled as the crypto exchange accelerates plans for a U.S. public listing in 2026. Bloomberg reported on Wednesday that Kraken disclosed a 114% year-over-year jump…
Pump.fun’s freshly minted token, PUMP, has hit a few speed bumps since its debut on July 12. Originally offered at $0.004 during the platform’s initial coin offering (ICO), it’s barely…