Author
571 posts
Bena Ilyas
Latest Articles
Bitcoin Miners Begin 2025 with Robust Growth, Says JPMorgan
By Bena Ilyas
• 3 mins read
Despite growing challenges, miners sustained a nearly stable hashprice, with only a marginal dip of less than 1% since December.
Morpho (MORPHO) Soars 40%, Hits ATH on Coinbase Partnership Buzz
By Bena Ilyas
• 2 mins read
Morpho (MORPHO) soared over 40%, reaching an all-time high of $4.11 on January 17, 2025, following a groundbreaking partnership with Coinbase to offer Bitcoin-backed loans to US customers.
Senator Lummis Warns FDIC Over Alleged Operation Choke Point 2.0 Cover-Up
By Bena Ilyas
• 3 mins read
Senator Lummis warned that any deliberate destruction of evidence or obstruction of Senate oversight by the FDIC would result in immediate criminal referrals to the Department of Justice.
Hyve Labs Secures $2.75M in Pre-Seed Funding to Revolutionize Web3 Gaming
By Bena Ilyas
• 3 mins read
“With the backing of incredible investors like Framework and Volt Capital, this funding propels us closer to redefining the gaming landscape,” said Lucas Fulks, CEO and Co-Founder of Hyve Labs.
Coinbase Launches Bitcoin-Backed Loans, Targets $45 Billion Market by 2030
By Bena Ilyas
• 3 mins read
Coinbase’s offering comes with strict terms to protect lenders while empowering borrowers. Borrowers must maintain a minimum collateral ratio of 133%, and loans are capped at $100,000 in USDC.
CEXs Will Be Required to Report Crypto Transactions to IRS This Year for First Time
By Bena Ilyas
• 3 mins read
The new IRS Form 1099-DA aims to streamline cryptocurrency tax compliance starting in 2026, but reporting for decentralized platforms will not begin until 2027.
XRP Price Inches Closer to ATH Breaks $3 Barrier after 7 Years, Will It Hit $4 Soon?
By Bena Ilyas
• 3 mins read
President-elect Trump’s inauguration on January 20 is expected to be a potential catalyst for XRP’s growth, sparking hopes for the approval of spot XRP ETFs in the United States.
Vitalik Buterin Backs Soneium as Great Ethereum Layer-2 for Corporations
By Bena Ilyas
• 3 mins read
“The Soneium situation is a good live demonstration of how launching an ethereum L2 is great for businesses and users.” – Vitalik Buterin
Federal Court Orders Massive Return of $9.3B in Bitcoin Stolen From Bitfinex in 2016 Hack
By Bena Ilyas
• 3 mins read
Bitfinex account holders affected by the hack have until January 28 to file objections or claims to the recovered assets.
Thailand’s SEC Considers Approving Local Bitcoin ETFs
By Bena Ilyas
• 3 mins read
“Like it or not, we have to move along with more adoption of cryptocurrencies worldwide,” emphasized Pornanong Budsaratragoon, Secretary-General of the SEC.