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Lakshya Baskar

I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.

Posts by Lakshya Baskar

Coinbase

Coinbase Opens Luxembourg MiCA Hub as EU Crypto Market Enters New Regulatory Era

Coinbase formally launched its European crypto hub in Luxembourg as per the Markets in Crypto Assets regulation of the European Union. This happened after Coinbase received a MiCA license from the financial watchdog of Luxembourg in June 2025. Luxembourg’s Commission de Surveillance du Secteur Financier granted the license more than

June 25, 2026 2 mins read
South Korea Targets 40 Unregistered Crypto Operators in Regulatory Crackdown

South Korea Targets 40 Unregistered Crypto Operators in Regulatory Crackdown

The Financial Intelligence Unit of South Korea recently referred approximately 40 unregistered virtual asset service providers to the police authority. It reflects Seoul’s increasing attempts to regulate the cryptocurrency firms that operate in South Korea. According to South Korean law, all crypto exchanges are mandated to get the ISMS Certification

June 24, 2026 2 mins read
polygon

Legacy Polygon Royalties Contract Exploit Drains $261K Through Reward Logic Flaw

A hacker used a legacy royalties contract on the Polygon platform and made away with about $261,200 worth of cryptocurrency in recent times. The security firm TenArmorAlert identified the unusual transaction on June 23 and tracked down the exploit transaction. The blockchain shows that the hacker carried out the attack

June 24, 2026 3 mins read
US Senate

US Senate Targets Fall 2026 Release for Crypto Tax Bill Amid CLARITY Act Push

U.S. Lawmakers continue to advance digital asset regulations as the Senate moves closer to introducing dedicated cryptocurrency tax legislation. Senator Steve Daines revealed that Republican senators had already developed the framework. During an interview with Bloomberg Tax, Sen. Steve Daines said, “sooner rather than later”. He also said, “We’ve put

June 24, 2026 2 mins read
Ripple

Ripple Secures Preliminary MiCA Approval in Luxembourg for Europe-Wide Expansion

Ripple received the first preliminary approval for a license in the role of Crypto Asset Service Provider from Luxembourg’s financial authorities this week. This authorization is another step towards implementing the company’s European expansion plan amid the MiCA regulatory regime. The Commission de Surveillance du Secteur Financier of Luxembourg issued

June 23, 2026 2 mins read
Donald Trump

Donald Trump’s 2031 Post-Quantum Security Mandate Sparks Urgent Crypto Upgrade Efforts

U.S. President Donald Trump issued executive orders to improve America’s preparedness for quantum computing advancements in the future. These orders set up strict timelines for federal agencies to upgrade their cryptographic technologies to quantum-resistant technologies. By virtue of Executive Order 14409, the federal agencies will need to enhance certain important

June 23, 2026 2 mins read
Kevin Warsh

Fed Chair Kevin Warsh Faces Congress on July 14 Amid Rate Hike Debate

Fed chair Kevin Warsh is going to assess the bank’s monetary policy before the House Financial Services Committee. The hearing is set for July 14, and only weeks remain till the meeting of the FOMC. Warsh will provide his first assessment of the Federal Reserve’s monetary policy before Congress during

June 23, 2026 2 mins read
England

Bank of England Softens Stablecoin Rules in Final Framework Ahead of 2027 Launch

The Bank of England announced the final framework for regulating stablecoins and drafted new regulations following extensive consultation with the industry. The new framework is less stringent than previous iterations as per industry concerns about limiting growth in the UK’s nascent stablecoin market. Proposed holding limits that would have prevented

June 22, 2026 2 mins read
altura

Altura Closes $3.9M Infinity Vault After $8.5M Investor Withdrawal Surge 

The Altura Web3 gaming platform intends to shut down its Infinity Vault due to huge investor withdrawals. Investors withdrew approximately $8.5 million from the vault in a single day. With the fast flow of money, the total amount of money left in the vault was about $3.9 million. After the

June 22, 2026 2 mins read