Analyst Pushes Back as New Tether Solvency Fears Resurface
Concerns about stablecoin issuer Tether’s financial stability resurfaced this week after BitMEX founder Arthur Hayes warned the company could face...
Business
EU Consolidates Crypto Regs, IMF Stablecoin Risk: Global Express
European tech regulators have fined social media platform X 120 million euros ($140 million) for breaking EU rules pertaining to...
US Prosecutors Request 12 Years in Prison for Terraform’s Do Kwon
US attorneys representing the federal government have requested that a judge send Terraform Labs co-founder Do Kwon to prison for...
Poland Fails to Override Crypto Bill Veto, Delaying Regulation
The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of...
SoftBank negotiating deal to buy DigitalBridge Group: Report
Key Takeaways SoftBank Group is in talks to acquire DigitalBridge Group, a major player in digital infrastructure asset management. DigitalBridge...
Polymarket Building Internal Market-Making Team, Bloomberg Reports
Polymarket is recruiting staff for an internal market-making team that may trade against users on its platform.The company has recently...
Fidelity Investments CEO Abigail Johnson confirms Bitcoin ownership
Key Takeaways Fidelity Investments CEO Abigail Johnson confirmed she personally owns Bitcoin. Her public endorsement adds to a growing list...
What It Means for State Crypto Adoption
Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s...
GoPlus Security generates $4.7M in revenue with GPS token utility
Key Takeaways GoPlus Security generated $4.7 million in revenue using its GPS token utility. The GPS token is used for...
Turkish Exchange Paribu Buys Majority Of Competitor CoinMENA
Turkish crypto exchange Paribu has acquired a majority stake in CoinMENA, a Sharia-compliant cryptocurrency exchange licensed in Dubai and Bahrain.According...
BlackRock transfers $120M in Bitcoin, $2.5M in Ethereum to Coinbase Prime
Key Takeaways BlackRock transferred $120 million in Bitcoin and $2.5 million in Ethereum to Coinbase Prime. These transactions are part...
SpaceX moves $100 million in Bitcoin, possibly for custody arrangements
Key Takeaways SpaceX transferred nearly $100 million worth of Bitcoin as part of its crypto treasury management. The company is...
Italy Sets Firm MiCA Deadline for VASPs
Italy’s securities regulator set a firm timetable for applying the European Union’s Markets in Crypto-Assets Regulation (MiCA) in the country,...
AlphaTON eyes meme-sized $420.69M raise for TON, AI expansion after baby-shelf exit
AlphaTON exits baby-shelf limits and plans a meme-sized $420.69 million fundraising program despite being a nano-cap with a steep stock...
Crypto Interest Drops Among Investors as Risk-Taking Declines
US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to...
Ex-Signature Bank Executives Launch Blockchain Bank N3XT
A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT,...
Meta Plans Metaverse Budget Cuts in Shift to AR Glasses
Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the...
IMF Economists Call for Unified Stablecoin Oversight as Risks Escalate
Stablecoins’ rapid global expansion is reshaping financial access and payments, offering new efficiencies while raising urgent concerns over monetary control...
CNBC Signs Partnership with Prediction Market Kalshi
CNBC has entered a multi-year partnership with prediction market operator Kalshi to incorporate real-time forecasting data across its TV, digital...
Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network
1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans...
US GENIUS Act Splits Global Stablecoin Liquidity From EU MiCA
The United States’ new approach to stablecoin regulation is reshaping global liquidity flows and driving a sharp structural split with...
IMF Lays out Guidelines for Addressing Stablecoin Risks, Beyond Regulations
The International Monetary Fund (IMF) released a comprehensive report on the potential impact of the growing stablecoin market and the...
