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Posts by Harshini Chakka

Tether Freezes $4.2B USDT in Crime Crackdown

Tether Freezes $4.2B USDT in Crime Crackdown

Tether has frozen approximately $4.2 billion worth of its USDT stablecoin over links to illicit activity, the company confirmed. The El Salvador-based issuer said it carried out most of these freezes in the past three years as global enforcement efforts intensified. The stablecoin giant, which now has more than $180

February 28, 2026 3 mins read
Bitcoin Slides Toward $63K After Iran Strikes

Bitcoin Slides Toward $63K After Iran Strikes

Bitcoin fell sharply in weekend trading after the United States and Israel launched military strikes on Iran, sending the cryptocurrency close to $63,000. The drop marked a decline of roughly 3% within hours and pushed the asset to its lowest level since early February. The sudden move followed confirmation of

February 28, 2026 3 mins read
Morgan Stanley Seeks OCC Charter for Crypto Custody

Morgan Stanley Seeks OCC Charter for Crypto Custody

Morgan Stanley has applied for a de novo national trust bank charter with the Office of the Comptroller of the Currency (OCC), signaling a deeper push into digital asset services. The application, filed under the name “Morgan Stanley Digital Trust, National Association,” would allow the firm to custody cryptocurrencies and

February 28, 2026 3 mins read
Minnesota Moves to Ban Crypto Kiosks Over Fraud

Minnesota Moves to Ban Crypto Kiosks Over Fraud

Minnesota lawmakers are advancing legislation that would prohibit cryptocurrency kiosks across the state. The proposal follows testimony from law enforcement officials who linked the machines to a surge in elder fraud cases. Representative Erin Koegel introduced House File 3642 earlier this week. The bill seeks to ban the placement and

February 27, 2026 2 mins read
Magic Eden Shuts Bitcoin, EVM NFT Markets

Magic Eden Shuts Bitcoin, EVM NFT Markets

Magic Eden will shut down its Bitcoin and EVM NFT marketplaces in early March 2026. The company will also shut down its multi-chain wallet shortly after. This is a strategic decision to return to its Solana roots. The NFT marketplace confirmed that it will place its cross-chain wallet into export-only

February 27, 2026 3 mins read
Ethereum ‘Strawmap’ Charts Seven Forks to 2029

Ethereum ‘Strawmap’ Charts Seven Forks to 2029

Ethereum Foundation researchers have published a technical draft roadmap, or “strawmap,” that outlines seven possible network forks through 2029. This roadmap is very ambitious in terms of scalability, finality speed, and cryptographic security but recognizes that a decentralized network cannot have a single, authoritative roadmap. Ethereum researcher Justin Drake explained

February 26, 2026 3 mins read
Sygnum Targets $100B Crypto Treasury Market

Sygnum Targets $100B Crypto Treasury Market

Swiss digital asset banking group Sygnum has launched a new institutional asset management service aimed at the growing $100 billion corporate crypto treasury sector. The product, called Sygnum Select, applies traditional Swiss portfolio management principles to digital assets. The bank confirmed that the service will already be operational with live

February 26, 2026 2 mins read
Aave Surpasses $1T in DeFi Lending Milestone

Aave Surpasses $1T in DeFi Lending Milestone

Aave has surpassed $1 trillion in cumulative lending, making it the first decentralized finance protocol to do so. This milestone further solidifies Aave’s position as the leading on-chain lending solution. Aave Labs CEO Stani Kulechov called the milestone proof that decentralized finance has matured into a core component of digital

February 26, 2026 2 mins read
Meta Eyes Stripe Stablecoins for 2026 Rollout

Meta Eyes Stripe Stablecoins for 2026 Rollout

Meta Platforms is preparing to integrate stablecoin payments across Facebook, Instagram, and WhatsApp in the second half of 2026. The company has reportedly issued requests for proposals to external infrastructure providers, with Stripe emerging as the likely partner. The move signals Meta’s renewed interest in digital payments, but under a

February 25, 2026 3 mins read
Anchorage Adds Strategy Preferred Shares to Treasury

Anchorage Adds Strategy Preferred Shares to Treasury

Anchorage Digital has added perpetual preferred shares issued by bitcoin treasury firm Strategy to its balance sheet. The move marks a notable endorsement of Michael Saylor’s bitcoin-focused corporate strategy from the first federally chartered U.S. crypto bank. Anchorage CEO Nathan McCauley described the purchase as “conviction compounding.” He suggested that

February 25, 2026 3 mins read
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