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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 08:38
    Bitcoin Whale Moves $4.76 Billion in BTC to New Wallet 7 Hours Ago
    Odaily Planet Daily News: According to monitoring by Spot On Chain, about 7 hours ago, an early Bitcoin whale once again transferred 40,192 BTC (approximately $4.76 billion) to a new wallet. Two days ago, this whale had transferred 40,009 BTC (about $4.71 billion) to Galaxy Digital and exchanges. At that time, the price of Bitcoin was around $117,685, and then dropped to $115,967 within 12 hours.
  • 08:37
    Pakistan and El Salvador Establish Cryptocurrency-Based Bilateral Relations
    According to a report by Jinse Finance, citing Bloomberg, Pakistan and El Salvador are establishing a knowledge-sharing partnership based on cryptocurrency. Bilal Bin Saqib, Special Assistant for Cryptocurrency and Blockchain in Pakistan, met with El Salvador's President Nayib Bukele in San Salvador to outline a partnership focused on cryptocurrency. Pakistan is considering establishing a Bitcoin reserve and has allocated 2,000 megawatts of electricity for Bitcoin mining. The federal government of Pakistan has also established the Pakistan Virtual Assets Regulatory Authority (PVARA), which is responsible for regulating the country's digital asset industry. PVARA will operate as an independent regulatory body, responsible for licensing, supervising, and managing virtual asset service providers, while ensuring compliance with international standards, including adherence to guidelines set by the Financial Action Task Force (FATF).
  • 08:06
    South Korean lawmaker calls for hefty fines against a certain exchange
    According to a report by Jinse Finance, Min Byung-deok, a member of South Korea’s Democratic Party, stated on the 17th that a certain virtual asset exchange should be fined up to 183 trillion won for large-scale violations of customer identification (KYC) and other regulations. An investigation by the Financial Intelligence Unit (FIU) found approximately 9.57 million legal violations at the exchange, including 9.34 million KYC breaches, particularly cases where outdated images were used during required identity re-verification. Although the FIU has imposed a three-month partial business suspension on the exchange and disciplinary action against 10 individuals, the amount of the fine has not yet been determined. Representative Min criticized this as a reflection of inadequate internal controls at the exchange and regulatory negligence by the authorities.
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