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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

Cardinal Protocol Ignites a New Era for Bitcoin DeFi on Cardano

Cardinal Protocol Ignites a New Era for Bitcoin DeFi on Cardano

In a major leap forward for Bitcoin and DeFi, Cardano founder Charles Hoskinson has introduced the Cardinal Protocol, the first truly decentralized Bitcoin DeFi platform to launch on Cardano. Built by Input Output HK (IOHK), this new system lets Bitcoin holders wrap their UTXOs and jump into DeFi activities like

June 10, 2025 2 mins read
Malaysia Grapples with Surging Crypto Mining and Electricity Theft

Malaysia Grapples with Surging Crypto Mining and Electricity Theft

Malaysia’s been hit hard with RM3.4 billion gone, which comes out to around USD 723 million, all because of power being stolen for illegal crypto mining. That’s Ringgit Malaysia, the country’s own currency, just draining away while rogue miners run their setups off the grid and don’t pay a single

June 9, 2025 3 mins read
XRP Advocate John Deaton Backs Bitcoin at $106K Over $25K for Long-Term Safety

XRP Advocate John Deaton Backs Bitcoin at $106K Over $25K for Long-Term Safety

Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the

June 9, 2025 3 mins read
Fed Clarifies Crypto Regulations, Paving Way for Innovation

Fed Clarifies Crypto Regulations, Paving Way for Innovation

After years of confusing policies and mixed messages, the Federal Reserve is finally making a move to clear things up around crypto rules. This being considered as a pivotal point where solid and practical guidelines are set up for the investors to commit with confidence. The regular people get into

June 7, 2025 3 mins read
Pakistan Courts Wall Street Crypto Allies in Push for Digital Assets Council

Pakistan Courts Wall Street Crypto Allies in Push for Digital Assets Council

Pakistan’s Finance Ministry is pushing forward with plans to set up a National Crypto Council, a new advisory group that could help legitimize and bring clear rules to the country’s crypto space. The move is being backed by a team tied to Wall Street players and some big-name former Trump

June 6, 2025 3 mins read
Yuga Labs Takes Bold Steps to End ApeCoin DAO and Solve Governance Problems

Yuga Labs Takes Bold Steps to End ApeCoin DAO and Solve Governance Problems

Yuga Labs, the team behind the legendary Bored Ape Yacht Club (BAYC), just dropped a bombshell: they’ve proposed shutting down the ApeCoin DAO. Citing ongoing governance issues that just aren’t getting better, Yuga’s suggesting a full reset with a new setup called ApeCo. Their ultimate goal was to fix the

June 6, 2025 3 mins read
Bitcoin ATM Operator CoinFlip Eyes $1B Sale Amid Crypto ATM Industry Shake-Up

Bitcoin ATM Operator CoinFlip Eyes $1B Sale Amid Crypto ATM Industry Shake-Up

CoinFlip, the biggest Bitcoin ATM provider in the U.S., is reportedly looking at a potential sale with hopes of securing a valuation of $1 billion, marking a big shift for the crypto ATM space. Started in 2015, the Chicago-based fintech has scaled quickly, now operating over 5,500 ATMs across 10

June 6, 2025 2 mins read
U.S. Seizes 145 Domains, Crypto in BidenCash Dark Web Crackdown

U.S. Seizes 145 Domains, Crypto in BidenCash Dark Web Crackdown

In a major crackdown on cybercrime, U.S. authorities have taken down 145 domains tied to BidenCash, a well-known dark web marketplace. They also seized an unknown amount of crypto connected to the site. BidenCash was a go-to spot for buying and selling stolen credit card data and loads of personal

June 5, 2025 2 mins read
U.S. Eyes Closer Crypto Collaboration with El Salvador After Bukele Meeting

U.S. Eyes Closer Crypto Collaboration with El Salvador After Bukele Meeting

In a major step that shows just how serious digital assets are becoming on the global stage. President Trump’s Executive Director for Digital Assets, Bo Hines, sat down with El Salvador’s President Nayib Bukele on June 5, 2025. The meeting took place in San Salvador and focused on deepening ties

June 5, 2025 3 mins read
US Debt Crisis Could Make Bitcoin the World's Reserve Currency: Coinbase CEO

US Debt Crisis Could Make Bitcoin the World’s Reserve Currency: Coinbase CEO

With the U.S. national debt growing faster than ever, Coinbase CEO Brian Armstrong is floating a pretty radical idea that if America treated Bitcoin like digital gold and made it part of its financial strategy. He’s not just hyping crypto, he’s serious about using Bitcoin as a strategic reserve asset.

June 4, 2025 2 mins read