Tue, June 16
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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

United Kingdom

UK Sanctions Xinbi Crypto Network in Crackdown on Global Scam Operations

The United Kingdom has recently sanctioned Xinbi, which is a marketplace for various cryptocurrencies. Authorities have associated the marketplace with various scam activities in Southeast Asia. The country has taken action against the marketplace for facilitating fraud networks. It was through transactions involving stolen data, money laundering, and scam services. 

March 27, 2026 2 mins read
Gamestop

GameStop Retains Bitcoin Exposure Through 4,709 BTC Collateral Agreement

GameStop confirmed that it has not sold the Bitcoin assets it accumulated during the previous fiscal year period. This is according to its latest filing of 10-K. This came about due to speculation that GameStop might sell its accumulated Bitcoin assets. The company had pledged 4,709 Bitcoin to Coinbase Credit

March 27, 2026 2 mins read
SEC

SEC Chair Paul Atkins Confirms Tokenization Exemption Timeline at House Hearing

The SEC Chairman, Paul Atkins, recently confirmed the proposed timeline for introducing a tokenization innovation exemption during a House hearing. As reported by Eleanor Terrett, this proposal seeks to facilitate blockchain-based financial innovation. Also, ensure compliance with existing securities laws and regulatory requirements across the United States.  The SEC Chairman

March 26, 2026 2 mins read
Bhutan

Bhutan Transfers 519 BTC to External Wallet in Latest Bitcoin Move

Bhutan has made another transfer of 500 Bitcoins to cryptocurrency exchanges. This is not the beginning or the end of a series of transactions that have seen the overall outflows for 2026 rise considerably. The data from Arkham Intelligence, shows that Bhutan have been moving funds in line with the

March 26, 2026 2 mins read
clarity

Coinbase Pushes Back Against CLARITY Act Over Stablecoin Yield Rules

Coinbase rejected the CLARITY Act draft due to its potential to limit innovation in the stablecoin and digital asset space. The company was concerned about the way the draft legislation treats yield-generating stablecoin products that exist across platforms. The officials claimed that the current draft lacks clear guidelines for activities

March 26, 2026 2 mins read
central bank

Australia Central Bank Moves Toward Execution on Digital Token Use

The central bank in Australia made further progress in executing the use case for digital token utilization in financial systems. RBA Assistant Governor Brad Jones announced this during a speech delivered on 25 March titled “After Acacia: The Next Era of Financial System Innovation?” This implies that the central bank

March 25, 2026 2 mins read
ripple

Ripple Partners with Singapore MAS BLOOM to Pilot XRP Ledger Trade Settlements

Ripple partnered with the Monetary Authority of Singapore, called BLOOM. This is to help develop the next-generation digital payment infrastructure around the world. The initiative utilizes tokenized bank liabilities and regulated stablecoins to enhance efficiency. It is for various cross-border payment and financial settlement systems. Ripple collaborated with Unloq, a

March 25, 2026 2 mins read
Bitcoin

Wintermute Says Bitcoin Could Hit $76,000 If Strait of Hormuz Flows Stabilize

According to Wintermute, Bitcoin has the potential to rise to $76,000, depending on how shipping flows improve through the Strait of Hormuz. Wintermute explained that tensions in the Strait of Hormuz, which is a critical energy route, often cause volatility in the global market, including the crypto market. The Strait

March 25, 2026 2 mins read
Ethereum

Ethereum Developers Strengthen Security With Post-Quantum Team Initiative

Ethereum developers have established a post-quantum team, which focuses on improving the long-term security of the Ethereum network from future cryptographic threats worldwide. Ethereum developers recognize that quantum computing advancements are a future threat to the existing cryptographic systems used in different blockchain networks. The team announced on its X

March 25, 2026 2 mins read