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Austin Mwendia

Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.

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Crypto News

WazirX Freezes $3 Million in USDT Linked to Security Breach

Crypto News1 years ago

By Austin Mwendia1/17/2025

Highlights: WazirX has frozen $3 million in USDT from the $230 million hack. The Singapore High Court granted a four-month moratorium to restructure liabilities related to the breach. A recent joint statement attributes the hack to the Lazarus Group, which […]

Crypto News

Bitcoin and Ethereum Dominate Crypto Market in 2024 with 63.92% Share: Report

Crypto News1 years ago

By Austin Mwendia1/17/2025

Highlights: A report by CoinEx Research and ViaBTC Capital shows massive growth of the crypto sector in 2024. The stablecoin market grew steadily over the year with USDT and USDC keeping their dominance. Tokenized U.S. Treasuries garnered a 26.7% market […]

Crypto News

Best Cryptocurrencies to Buy Today, January 17 – Ethereum, Avalanche, Litecoin

Crypto News1 years ago

By Austin Mwendia1/17/2025

Highlights: Ethereum has gained momentum due to the upcoming Pectra upgrade, which is expected to boost scalability and security. Avalanche has seen renewed adoption as active addresses, and new users hit levels that were last seen in 2021. Litecoin has […]

Crypto News

Coinbase Introduces Bitcoin-Backed Loans via Morpho on Base

Crypto News1 years ago

By Austin Mwendia1/16/2025

Highlights: Coinbase is now offering Bitcoin-backed loans through Morpho for fast access to USDC. Borrowers will get flexible repayment terms with over-collateralized loans. Coinbase plans to expand the loan service and add more options to help more users worldwide. Coinbase […]

Crypto News

Court Rules Bitfinex Eligible for 94,643 Bitcoin Restitution from 2016 Hack

Crypto News1 years ago

By Austin Mwendia1/16/2025

Highlights: U.S. court has approved the return of 94,643 Bitcoin to Bitfinex as restitution for the 2016 hack. Prosecutors confirmed that Bitfinex customers were compensated, making the exchange the sole legal victim. Bitfinex issued BFX tokens and RRT tokens to […]

Crypto News

Oklahoma and Texas Explore Bitcoin Reserves to Protect Funds

Crypto News1 years ago

By Austin Mwendia1/16/2025

Highlights: Oklahoma is the sixth state to propose using Bitcoin as a reserve asset to protect its funds. Texas has advanced Bitcoin reserve plans with proposals that will enable secure storage and public Bitcoin donations. The state is joining a […]

Crypto News

South Korea Strengthens Crypto Regulation with New Policy Phase

Crypto News1 years ago

By Austin Mwendia1/15/2025

Highlights: South Korea has begun the second phase of crypto regulations to protect investors. FSC may soon allow corporate crypto accounts after an extensive review. South Korea has joined other countries in combating North Korean cyberattacks. South Korean regulators have […]

Crypto News

Malaysia Eyes Crypto Policy to Modernize Financial System

Crypto News1 years ago

By Austin Mwendia1/15/2025

Highlights: Malaysia plans to modernize finance with cryptocurrency policies and international collaborations. Anwar has urged swift action to adopt digital finance and train a skilled workforce for the crypto industry. Malaysia is working with UAE and industry leaders to create […]

Crypto News

Genius Group Plans $33M Rights Offering to Expand Bitcoin Treasury

Crypto News1 years ago

By Austin Mwendia1/14/2025

Highlights: Genius Group has approved a plan for a $33 million rights offering to buy more Bitcoin. Shareholders can purchase additional shares through a rights offering set to expire on February 14, 2025. Roger Hamilton is set to increase his […]

Crypto News

CFTC Increases Scrutiny of Cryptocurrency Market with Enforcement Actions

Crypto News1 years ago

By Austin Mwendia1/14/2025

Highlights: CFTC increases enforcement to tackle fraud and ensure transparency in the crypto industry. Mosaic Exchange misled investors and misused funds, resulting in penalties of over $1.1 million. CFTC reviews Crypto.com football contracts over potential gaming law violations. The Commodity […]

Crypto News

U.S. Supreme Court Allows Binance Class Action Lawsuit to Proceed

Crypto News1 years ago

By Austin Mwendia1/14/2025

Highlights: U.S. Supreme Court allows class action lawsuit against Binance to proceed over unregistered token sales. Binance faces claims of selling risky digital tokens without proper warnings to U.S. investors. SEC labels Binance a fraud while the platform battles multiple […]

Crypto News

Tether Relocates to El Salvador After Securing Operating License

Crypto News1 years ago

By Austin Mwendia1/13/2025

Highlights: Tether has moved its headquarters to El Salvador after securing a Digital Asset Service Provider license. Tether plans to launch an AI platform in 2025 and expand its team by including AI and tech experts. The friendly policies in […]