Bena Ilyas
With over 3 years of crypto writing experience, Bena strives to make crypto, blockchain, Web3, and fintech accessible to all. Beyond cryptocurrencies, Bena also enjoys reading books in her spare time.
UK Expands Crypto Asset Seizure Powers to Tackle Criminal Activity
By Bena Ilyas
April 26th, 2024
The United Kingdom’s proactive approach paves the way for secure crypto environments.
Fidelity’s Spot Bitcoin ETF Records Outflow for First Time amid $217M Outflows Yesterday
By Bena Ilyas
April 26th, 2024
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.
Instagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud
By Bena Ilyas
April 25th, 2024
At least four individuals told the FBI that they had invested over $100,000 in Bitcoin, expecting cash wire transfers. One victim reported being defrauded of 50 Bitcoin.
BlackRock Records Zero Inflow for First Time Amid $121M Outflows
By Bena Ilyas
April 25th, 2024
April 24 marked the first-day IBIT experienced zero inflows, concluding its remarkable streak of positive trend.
Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts
By Bena Ilyas
April 24th, 2024
The situation became confusion when the central bank of Nigeria initially refuted the report on X, only to remove the denial. Later, they asserted that the allegations were indeed false, leading to uncertainty regarding the true circumstances.
DOJ Seeks 3-Year Imprisonment for Binance Founder Changpeng Zhao
By Bena Ilyas
April 24th, 2024
While the $50 million penalty for Binance remains, the DOJ pushes for an aggressive stance against Binance and its top executives.
Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
By Bena Ilyas
April 23rd, 2024
In an attempt to reverse its fortunes, Grayscale revealed its plan to launch an innovative low-cost version of its GBTC fund named “Grayscale Bitcoin Mini Trust” with just 0.15% fees.
FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny
By Bena Ilyas
April 23rd, 2024
According to the reports, FIU identified “concerning matters” with the documents submitted by Crypto.com related to anti-money laundering compliance.
X Payments Releases Details to Turn Platform into All-in-One Banking Solution
By Bena Ilyas
April 23rd, 2024
X Payments Chief Information Security Officer Christopher Stanley said the ultimate goal centers around creating a comprehensive financial ecosystem within the X platform.
Bitget Report: Middle East Crypto Market Surges by 166% YoY
By Bena Ilyas
April 22nd, 2024
The United Arab Emirates emerges as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation’s progressive stance on digital assets.