Latest Crypto Industry News and Insights
Kazakhstan MP Proposes Crypto Bank to Regulate 90% Gray Market
Kazakhstan MP Proposes Crypto Bank to Regulate Massive Gray Market Kazakhstan is taking bold steps to regulate its sprawling cryptocurrency gray market, with a parliament member proposing the establishment of a “crypto bank.” This move aims to bring 90% of currently unregulated crypto operations into a legal framework. 90% of crypto operations in Kazakhstan are […]
Read MoreWyoming’s WYST Stablecoin Set to Launch in July 2025: A Bold Crypto Move
Wyoming’s Bold Leap into Crypto: WYST Set to Launch in July 2025 – WYST launch set for July 2025 – Fiat-backed with 102% reserve requirement – Aims to fund education, infrastructure, and agriculture – Blockchain platforms under consideration: Solana, Ethereum, Polygon Wyoming is not just riding the crypto wave; it’s trying to steer the ship […]
Read MoreBinance Freezes $38M in Profits After Market Maker Dumps MOVE Tokens
Binance Takes Decisive Action: $38 Million MOVE Token Profits Frozen After Market Maker’s Dump Binance, the heavyweight in the crypto exchange world, has banned a market maker and frozen $38 million in profits after it dumped 66 million Movement (MOVE) tokens shortly after listing on December 10th. This move underscores Binance’s commitment to maintaining market […]
Read MoreGridless Turns Zambia’s Excess Hydropower into Bitcoin, Boosting Local Economy
How a Shipping Container and Bitcoin Revitalized a Struggling African Hydro Project In Zambia’s remote Ikelenge district, the Zengamina hydroelectric plant was on the brink of failure due to surplus electricity that the local community couldn’t fully utilize. Enter Gridless, a Nairobi-based Bitcoin mining startup, which turned the tide by deploying a mobile mining unit, […]
Read MoreConstellation’s Digital Evidence: Blockchain Revolutionizes Law Enforcement
Constellation Network’s Digital Evidence: Revolutionizing Law Enforcement with Blockchain Constellation Network has launched Digital Evidence, a blockchain-based solution designed to enhance evidence collection and compliance for law enforcement and emergency services. Blockchain solution for law enforcement Collaboration with U.S. Department of Defense Integration with Panasonic’s TOUGHBOOK Exploration of AI, retail, and IP applications Constellation Network’s […]
Read MoreRumble’s $775M Tether-Backed Digital Wallet to Revolutionize Creator Payments
Rumble to Launch Digital Wallet Backed by Tether Investment Rumble, the video-sharing platform advocating for free speech, is diving into cryptocurrency with a significant $775 million investment from Tether. This collaboration aims to launch a new digital wallet, transforming how creators, especially in emerging markets, receive payments. Rumble’s Digital Wallet for creators $775 million Tether […]
Read MoreFidelity’s Timmer: Bitcoin Wallet Growth Stagnant Amid Institutional Surge
Fidelity’s Timmer on Bitcoin Adoption: Stagnant Wallet Growth Amid Institutional Influence Wondering why Bitcoin’s wallet count isn’t growing despite its popularity? Fidelity’s Timmer has the answer. Jurrien Timmer from Fidelity Investments highlights the surprising lack of growth in Bitcoin wallet counts, attributing it to the influence of institutional investors and US-based spot ETFs. This might […]
Read MoreJack Dorsey’s Block Cuts Nearly 1,000 Jobs to Boost Agility and Performance
Jack Dorsey’s Block Slashes Nearly 1,000 Jobs in Major Reorganization Jack Dorsey’s financial technology company, Block, is making significant changes in the financial technology sector with its latest round of layoffs. The company plans to cut nearly 1,000 jobs, as detailed in an email titled “smaller block.” This move marks Block’s second major reorganization within […]
Read MoreUS Marshals Nab Veer Chetal in $243M Bitcoin Heist: Trio’s Crime Spree Ends
US Marshals Arrest Veer Chetal in $243M Bitcoin Heist: Third Suspect Caught in Crypto Crime Wave US Marshals have arrested 19-year-old Veer Chetal, known as Wiz, marking the latest development in a $243 million Bitcoin heist from a Genesis creditor in 2024. The trio, including Malone Lam (Greavys) and Jeandiel Serrano (Box), used social engineering […]
Read MoreCoincheck Prime Launches: Japan’s New Corporate Crypto Custody Solution
Japan’s Coincheck Launches Coincheck Prime: A New Era for Corporate Crypto Custody Coincheck, Japan’s leading cryptocurrency exchange, has introduced Coincheck Prime, a new service aimed at corporate and institutional investors, signaling a significant advancement in the country’s embrace of digital assets. Coincheck Prime targets corporate and institutional investors with deposit balances of at least 10 […]
Read MoreCustodia and Vantage Bank Launch Avit Stablecoin on Ethereum, Tokenizing U.S. Dollar Demand Deposits
Custodia Bank and Vantage Bank Launch Avit Stablecoin, Revolutionizing Traditional Banking with Blockchain Custodia Bank and Vantage Bank have made history by being the first in the U.S. to tokenize U.S. dollar demand deposits on a public blockchain through the launch of the Avit stablecoin on the Ethereum mainnet. This groundbreaking move, fully compliant with […]
Read MoreTrump’s Treasury Overhaul: Digitalization vs. Centralization Sparks Controversy
Trump’s Push to Modernize Treasury Payments: A Balancing Act of Centralization and Digitalization President Donald Trump has signed executive orders to revolutionize the U.S. Treasury’s payment systems, aiming for a future dominated by electronic transactions while consolidating processing under the Treasury’s control. Yet, this move towards efficiency and fraud reduction has ignited a firestorm of […]
Read MoreBrazil Upholds Ban on Crypto Rewards for World ID Biometric Data, Fines Tools for Humanity
Brazil Upholds Ban on Cryptocurrency Rewards for World ID Biometric Data Brazil’s National Data Protection Authority (ANDP) has upheld its ban on cryptocurrency rewards for sharing biometric data with the World ID project, igniting a debate on privacy and digital identity. Brazil’s ANDP upholds ban on crypto rewards for World ID on March 25, 2025. […]
Read MoreCoinbase Supports Celo’s Transition to Ethereum Layer-2 on March 25
Coinbase Backs Celo’s Leap to Ethereum Layer-2: A Game-Changer in the Making? Is Celo’s move to Ethereum’s Layer-2 the future of blockchain integration? Coinbase has announced its support for Celo’s bold transition from a standalone Layer-1 blockchain to an Ethereum Layer-2 network, set to begin on March 25. This strategic shift aims to harness Ethereum’s […]
Read MoreAsia Web3 Alliance Pushes for US-Japan Tokenization Collaboration
Asia Web3 Alliance Proposes US-Japan Collaboration on Tokenization The Asia Web3 Alliance Japan has submitted a bold proposal to the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, advocating for a strategic collaboration with Japan to enhance regulatory clarity and interoperability in the tokenization and Web3 sectors. This move aims to bridge the regulatory […]
Read MoreHackers Steal 6,260 ETH in GMX-Linked Scam, GMX Contracts Safe
Scam Alert: Another 6,260 ETH Lost in GMX-Linked Smart Contracts Another day, another crypto heist. Hackers have exploited vulnerabilities in smart contracts linked to GMX, a decentralized exchange, making off with 6,260 ETH, worth about $13 million. The “Abracadabra Spell cauldron” protocols, part of the decentralized lending platform Abracadabra, were the target, not GMX’s own […]
Read MoreCboe BZX Files 19b-4 for Fidelity’s Solana ETF Amid Crypto ETF Surge
Cboe BZX Files 19b-4 for Fidelity’s Solana ETF Amid Growing Crypto ETF Trend Cboe BZX Exchange has taken a significant step towards integrating Solana into traditional investment vehicles by filing a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Fidelity Solana Fund. This move is part […]
Read MoreRequest Finance Hits $1B in Transactions, Secures Funding for Stablecoin Growth
Request Finance Surpasses $1 Billion in Transactions, Secures Funding to Boost Stablecoin and Fiat Integration Can cryptocurrencies become the backbone of global business finance? Request Finance’s recent milestone of surpassing $1 billion in transactions suggests they already are. Processed over $1 billion in transactions Secured strategic funding from Bpifrance and others Acquired Consola Finance and […]
Read More440 Masterminds Orchestrate $8.07T in Fake Crypto Trades: The Shocking Reality of Market Manipulation
440 Masterminds Behind $8.07 Trillion in Fake Crypto Trades: A Deep Dive into Market Manipulation A groundbreaking study reveals that just 440 individuals are responsible for orchestrating an astonishing $8.07 trillion in artificial trading volume through pump-and-dump schemes in the cryptocurrency market. This revelation not only underscores the vulnerability of the crypto ecosystem but also […]
Read MoreCME Group and Google Cloud Partner to Transform Capital Markets via Tokenization
CME Group and Google Cloud Join Forces to Revolutionize Tokenization CME Group, the world’s leading derivatives marketplace, has partnered with Google Cloud to explore tokenization solutions, aiming to transform wholesale payments and asset management using Google Cloud’s Universal Ledger (GCUL). CME Group and Google Cloud collaborate on tokenization Google Cloud Universal Ledger (GCUL) at the […]
Read MoreAbracadabra Finance Suffers $13M Exploit, Offers Hacker 20% Bounty to Recover Funds
Abracadabra Finance Hit by $13M Exploit, Offers Hacker 20% Bounty In a shocking turn of events, Abracadabra Finance, a leading DeFi platform, was hit by a $13 million exploit, exposing the vulnerabilities in the world of decentralized finance. The breach targeted the platform’s gmCauldron smart contracts, which are specialized contracts used for lending and borrowing […]
Read MoreSolana Co-Founder Challenges Layer-2 Need: Claims L1 Can Handle 24B Daily Transfers
Solana’s Bold Vision: Challenging the Need for Layer-2 Solutions Anatoly Yakovenko, the visionary behind Solana, argues that layer-1 blockchains can handle global transaction demands, rendering the development of layer-2 solutions unnecessary. Solana co-founder argues against layer-2 solutions Claims layer-1 can process 24 billion transfers daily Challenges prevailing narrative on blockchain scaling Yakovenko’s bold claim is […]
Read MoreTrump-Backed WLFI Launches USD1 Stablecoin on Ethereum and BSC
World Liberty Financial Launches USD1 Stablecoin Backed by U.S. Government Bonds and Dollar Reserves In a bold move that could shake up the crypto world, World Liberty Financial (WLFI), backed by former President Donald Trump, has launched USD1, a stablecoin aiming to redefine financial stability. WLFI’s new offering, fully backed by U.S. government bonds, dollar […]
Read MoreFluidkey Launches Stealth Addresses on EVM Chains for Enhanced Privacy
Fluidkey: Revolutionizing Privacy on EVM Chains with Stealth Addresses Fluidkey tackles the persistent challenge of transaction privacy on Ethereum Virtual Machine (EVM) chains by integrating Ethereum Name Service (ENS) domains with stealth addresses, offering a novel solution that balances privacy with regulatory compliance. Fluidkey enhances privacy by integrating ENS domains with stealth addresses on EVM […]
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