cryptocurrency

Latest news and articles about cryptocurrency from NEX English

Launch Elite Trader Premier Program to Enhance Social Trading

KuCoin, the leading global cryptocurrency platform, has announced the launch of the Elite Trader Premier program aimed at enhancing the quality and transparency of social trading. This initiative allows users to identify trusted traders and learn their strategies directly.

Iran Imposes Fees on Ships Transiting Hormuz Strait During Ceasefire

Iran has announced the imposition of fees on ships passing through the Hormuz Strait during the current ceasefire, with payments required in cryptocurrency. This move aims to enhance control over maritime routes and ensure no weapons are transported.

Malaysian Police Uncover Cryptocurrency Fraud Network Targeting Italians

In a successful security operation, Malaysian police arrested 22 Chinese nationals at a fraudulent call center in Pajang Datok, targeting victims from Italy. This operation followed extensive investigations into cryptocurrency fraud.

Cryptocurrency Prices Surge Following Ceasefire Announcement

Cryptocurrency prices have seen a significant rise after U.S. President Donald Trump announced a temporary ceasefire with Iran. This development has increased investor appetite for high-risk assets, leading to a recovery in financial markets.

Bitmine announces increase in Ethereum holdings to 4.8 million tokens

Bitmine Immersion Technologies has reported a significant increase in its cryptocurrency holdings, reaching 4.8 million Ethereum tokens valued at approximately $7.1 billion. This announcement comes as the company prepares for its listing on the New York Stock Exchange starting April 9, 2026.

Binance Implements Major Compliance Team Changes After Guilty Plea

Binance, one of the largest cryptocurrency exchanges, has announced significant changes to its compliance team following its guilty plea regarding violations of U.S. sanctions and money laundering laws. This move is part of the company's efforts to rebuild its operations and improve its market reputation.

Indonesia Records Historic Tax Revenue from Cryptocurrency

The head of Indonesia's Financial Services Authority revealed that the cryptocurrency industry has contributed <strong>1.96 trillion rupiah</strong> in taxes from 2022 to January 2026, highlighting its growing role in the national economy.

Strategy Inc. Reports $14.5 Billion Unrealized Loss in Q1

Strategy Inc., a leader in cryptocurrency investment, has reported unrealized losses of approximately $14.5 billion in the first quarter of 2023, attributed to a significant decline in the value of its cryptocurrency holdings. The company, led by Michael Saylor, faces substantial challenges in the volatile digital currency market.

Report $14.5 Billion Unrealized Losses for Strategy Inc.

Strategy Inc., a prominent cryptocurrency aggregation company, reported unrealized losses of approximately <strong>$14.5 billion</strong> during the first quarter of this year. This significant downturn is attributed to a sharp decline in the value of its Bitcoin holdings, led by <strong>Michael Saylor</strong>.

Coinbase Overcomes Major Regulatory Hurdle to Boost Stablecoin Business

Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency to operate as a trust bank, paving the way for the expansion of its payment services. This move aims to enhance its operations in the stablecoin sector.

Indonesia Sees Significant Decline in Cryptocurrency Transactions

Indonesia recorded a notable decline in cryptocurrency transactions in February 2026, with a total value of <strong>24.33 trillion rupiah</strong>, down from <strong>29.28 trillion rupiah</strong> in January. This decline is attributed to increasing global economic pressures.

Arrest three employees in cryptocurrency sector for fraud

Three employees from financial services companies specializing in cryptocurrencies were arrested in Singapore and handed over to U.S. authorities to face fraud charges. These arrests are part of a broader investigation involving ten officials linked to fraudulent schemes.

Launch of USDC on Kraken Enhances XDC Network's Reach

The XDC Network has announced the listing of USDC on the Kraken platform, reflecting its expansion in the cryptocurrency market. This move comes with record-low costs, making it easier for users to access its services.

Coinbase Secures Conditional Approval for National Trust Company

Coinbase, the largest cryptocurrency exchange in the U.S., has received conditional approval from the Office of the Comptroller of the Currency to operate a national trust company. This move could enhance its appeal among institutional investors.

Debunked Rumors of Jonathan the Tortoise's Death Linked to Crypto Scam

Rumors about the death of Jonathan the tortoise, believed to be the world's oldest living land animal at 193 years old, circulated on social media. However, these rumors were revealed to be a hoax connected to a cryptocurrency scam.

Debunk digital hoax about Jonathan the tortoise's death

Recent news about the death of Jonathan, believed to be the oldest tortoise in the world, sparked widespread controversy after being reported from an account claiming to be her veterinarian. It was quickly revealed that the news was a hoax linked to cryptocurrency.

Hack of Drift Cryptocurrency Platform Leads to Millions in Theft

Drift, a prominent cryptocurrency trading platform, has suspended all deposit and withdrawal operations following a major security breach that resulted in the theft of millions of dollars. This incident is considered one of the largest cryptocurrency thefts of 2026 so far.

Franklin Templeton Expands into Cryptocurrency with New Acquisition

Franklin Templeton, one of the world's largest asset management firms, has announced its acquisition of the cryptocurrency investment unit 250 Digital, which was spun off from CoinFund. This move aims to strengthen the company's presence in the digital asset market.

Cyberattack Compromises Open Source Software, Threatens US Security

Hackers believed to be linked to North Korea have successfully infiltrated open source software used by thousands of American companies, posing a significant cybersecurity threat. Experts warn that recovery from this attack could take months.

Google warns that breaking cryptocurrency encryption may be easier than thought

A new study from Google indicates that breaking the encryption used in major cryptocurrencies like <strong>Bitcoin</strong> and <strong>Ethereum</strong> could be easier than previously believed. This warning comes at a time when reliance on these currencies for financial transactions is increasing.

KuCoin Enhances Presence at Tomorrowland Winter 2026

KuCoin, the leading global cryptocurrency platform, concluded its participation in Tomorrowland Winter 2026 in the French Alps. The event attracted over 22,000 visitors, offering a unique experience that blends culture, music, and technology.

Iran Utilizes Cryptocurrency to Fund Drones Despite Sanctions

Iran is seeking funding to purchase drones and missiles through cryptocurrency, circumventing U.S. sanctions. This report highlights the role of alliances between Iran, Russia, and China in this context.

Couple Sentenced to Prison for Laundering Over $1 Million

A Singaporean court has sentenced a couple to prison for laundering over <strong>$1 million</strong> from the proceeds of a romance scam, resulting in victims losing their retirement savings. The couple was arrested on September 22, 2023, following multiple reports from victims.

Declining Risk Appetite Pressures Cryptocurrency Market

The cryptocurrency market faces increasing pressure due to a declining risk appetite among investors. This cautious sentiment is negatively impacting the prices of digital currencies.

Zuckerberg offers support to Musk in cryptocurrency realm

In a notable shift in relations, Mark Zuckerberg has expressed his willingness to assist Elon Musk in the cryptocurrency sector, coinciding with a growing global interest in digital currencies. This communication follows a period of tension between the two tech giants.

Launch Innovative Mortgage Product Supported by Cryptocurrency

Better Home & Finance and Coinbase have announced the launch of a new mortgage product backed by cryptocurrencies, marking a significant step in integrating digital currencies into the traditional financial sector. This announcement comes at a time when the financial market is shifting towards digital innovation.

Over $10 Million in Cryptocurrency Leaves Iran Amid War

Since the outbreak of war, over <strong>$10 million</strong> in cryptocurrency has left Iran, raising questions about the true motives behind these financial movements. Most of this money is believed to be linked to the Iranian regime, reflecting Tehran's strategy to use digital currencies to circumvent U.S. sanctions.

Massive cryptocurrency outflows from Iran amid sanctions

Since the onset of regional conflict, Iran has experienced significant outflows of cryptocurrency, believed to be used to circumvent sanctions imposed on the Iranian Revolutionary Guard. This trend marks a substantial shift in Iran's approach to economic and political pressures.

Fannie Mae Accepts First Cryptocurrency-Backed Mortgage Product

Fannie Mae has announced the acceptance of its first cryptocurrency-backed mortgage product in collaboration with Better Home and Finance and Coinbase. This innovative product allows buyers to use their digital assets as collateral for home financing.

Lawsuit Against Musk Threatens Future of Dogecoin

Dogecoin faces a significant threat following a lawsuit against Elon Musk, alleging that his posts on platform X could reverse the cryptocurrency's substantial gains. This comes amid rising interest in digital currencies, raising questions about Dogecoin's future.