Mon, May 5

Tether AI Teased To Boost Bitcoin and USDT Transactions

Tether CEO Paolo Ardoino has sparked major interest in the crypto world with a teaser for Tether AI, a decentralized artificial intelligence infrastructure. Designed to supercharge Bitcoin and USDT transaction volumes, this innovation could redefine how decentralized applications operate in the blockchain space. In a recent X (formerly Twitter) post,

14 minutes ago 1 min read

Maldives Plans $1B Blockchain Financial Hub by 2029

The Maldives is making a bold leap into the world of blockchain and fintech with the announcement of its flagship initiative, the Maldives International Financial Centre (MIFC). This revolutionary initiative will be a world-class blockchain centre spanning a whopping 830,000 square meters, and that will redefine the nation’s economic landscape.

3 hours ago 2 mins read

Litecoin’s ETF Proposal Moves Forward as SEC Clears May 5 Deadline

The U.S. Securities and Exchange Commission (SEC) is expected to make a decision today, May 5, 2025, on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). If the SEC approved the application, that could open the door for Litecoin’s first-ever spot ETF. So far, the SEC hasn’t

4 hours ago 3 mins read

World Network Halted in Indonesia Amid Registration and Consent Issues

The digital ministry of Indonesia has suspended the local operating license of World Network as the authorities found that the project was running under a registration not tied to an Indonesian legal entity.  The Ministry of Communication and Digital of Indonesia, commonly known as Komdigi, froze the registration certificate of

4 hours ago 2 mins read

Elizabeth Warren Rejects GENIUS Act Over Trump Stablecoin

US Senator Elizabeth Warren is urging Congress to block the passage of the GENIUS Act, alleging that the bill may support corrupt gains for President Donald Trump’s USD1 stablecoin project. The legislation, previously having bipartisan backing, is currently under increasing opposition in the Senate. Concerns Over Illicit Profits and Foreign

6 hours ago 2 mins read

Core DAO Powers Past Resistance as Bulls Eye the $1.01 Breakout Zone

Core DAO (CORE) has reignited market interest with an explosive 100.52% rally over the past 30 days, cementing its position as one of the top-performing assets in the crypto space. At the time of writing, CORE is trading at $0.764, inching closer to its recent cycle high of $0.814. While

6 hours ago 3 mins read

Digital Gold Boom Coincides with Central Bank Buying Slowdown

The gold investment market has experienced major changes because gold-backed cryptocurrencies have shown their highest minting volume in three years. However, central banks buy less gold. The precious metals market shows changing investor behaviour because of the current record gold prices. Digital Gold Gains Momentum as Institutional Demand Evolves The

1 day ago 2 mins read

Deribit Eyes U.S. Expansion Amid Favourable Crypto Climate

Deribit, the world’s largest crypto options exchange, is considering expanding into the United States, driven by a perceived shift toward a more crypto-friendly regulatory environment under President Donald Trump’s administration. According to a May 3 report by the Media House, Deribit CEO Luuk Strijers revealed that the Dubai-based platform is

May 3, 2025 2 mins read

EU moves to ban privacy coins and anonymous wallets by 2027

The European Union has finalized its decision to ban privacy coins and anonymous cryptocurrency wallets by July 1, 2027, marking a decisive turn in the bloc’s anti-money laundering (AML) strategy.  Under the newly adopted Anti-Money Laundering Regulation (AMLR), crypto assets that enable anonymous transactions—such as Monero (XMR), Zcash (ZEC), and

May 3, 2025 2 mins read

Vitalik Buterin Aims to Simplify Ethereum Like Bitcoin

Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and

May 3, 2025 2 mins read