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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

Ripple and SEC Push for Settlement as Crucial Deadline Nears

Ripple and SEC Push for Settlement as Crucial Deadline Nears

Ripple and the SEC are teaming up in a last-minute move, asking Judge Analisa Torres to tweak her earlier decision. They’re looking to cut Ripple’s fine down from $125 million to $50 million and lift the ban that’s kept the company from selling XRP to institutional buyers. If the judge

June 16, 2025 2 mins read
Bybit Sets the Stage for Byreal Hybrid DEX Launch on Solana

Bybit Sets the Stage for Byreal Hybrid DEX Launch on Solana

Bybit, the global cryptocurrency exchange, is preparing to debut its first on‑chain decentralized exchange, Byreal, built atop the Solana blockchain. Set to enter testing on June 30 and targeting a mainnet launch in Q3 2025, Byreal aims to redefine trading by merging the liquidity advantages of centralized exchanges with the transparency

June 16, 2025 3 mins read
Transak Adds Support for Ripple’s RLUSD Stablecoin for Global Fiat On-Ramping

Ripple Unleashes 12 Million RLUSD Ahead of Senate Stablecoin Vote

Ripple just dropped 12 million new RLUSD tokens, and the timing feels anything but random. With the U.S. Senate gearing up for a big vote on the GENIUS Act, potentially a turning point for stablecoin regulation. The company had hit pause on new issuance back in April and even burned

June 14, 2025 3 mins read
Crypto Giants Poised to Score EU Approval

Crypto Giants Poised to Score EU Approval

Platforms like Gemini and OKX are gearing up for MiCA licences, yet uneven regulatory muscle is stirring debate. Two big crypto names—Gemini, run by the famous Winklevoss twins, and OKX—are on deck to get EU-wide licences under the new Markets in Crypto‑Assets (MiCA) rule. That means once approved, they’ll be

June 14, 2025 2 mins read
KuCoin Launches Mastercard Crypto Payments for Australian Users

KuCoin Goes Live in Thailand With Fully Licensed Exchange

KuCoin just went live in Thailand with its fully licensed exchange, officially launching KuCoin Thailand and becoming the first crypto platform to operate under its own name with full regulatory approval in the country. The exchange is now open to eligible users and runs under the tight eye of Thailand’s

June 13, 2025 2 mins read
My Big Coin Faces $26M Fine Following CFTC Fraud Investigation

My Big Coin Faces $26M Fine Following CFTC Fraud Investigation

The team behind My Big Coin has been ordered to cough up nearly $26 million after the CFTC found them guilty of running a full-on scam. According to the agency, the company misled investors and straight-up lied about what backed their crypto. It’s one of the biggest fines we’ve seen

June 13, 2025 3 mins read
Coinbase to Roll Out CFTC-Compliant Perpetual Futures in the U.S.

Coinbase to Roll Out CFTC-Compliant Perpetual Futures in the U.S.

On June 12, Coinbase, one of the biggest names in the U.S. crypto game, revealed that it’s getting ready to launch perpetual futures trading for U.S. users, this time fully under the watch of the Commodity Futures Trading Commission (CFTC). The news dropped during the State of Crypto Summit in

June 13, 2025 3 mins read
PayPal to Launch PYUSD on Stellar for Faster, Low‑Cost Payments

PayPal to Launch PYUSD on Stellar for Faster, Low‑Cost Payments

PayPal’s bringing its U.S. dollar-backed stablecoin, PYUSD, to the Stellar blockchain—just waiting on the final approval from New York’s financial regulator. PYUSD is already live on Ethereum and Solana, but this next step is all about making it more useful in the real world, especially for faster, cheaper cross-border payments

June 12, 2025 3 mins read
Singapore Tightens Grip on Crypto; Bitget and Bybit to Likely Exit

Singapore Tightens Grip on Crypto; Bitget and Bybit to Likely Exit

Singapore, once seen as a go-to spot for crypto in Asia, is now taking a tougher stance on digital assets. In a big move, exchanges Bitget and Bybit are reportedly planning to pull out of the retail crypto scene in the country. This comes after the Monetary Authority of Singapore

June 12, 2025 3 mins read
Ripple and Ondo Launch Tokenized U.S. Treasuries on XRPL with RLUSD

Ripple and Ondo Launch Tokenized U.S. Treasuries on XRPL with RLUSD

Big move from Ondo Finance today,  their flagship tokenized U.S. Treasury fund, OUSG, just went live on the XRP Ledger (XRPL). It’s a shift for real-world assets on-chain. From now on, qualified investors can mint or redeem OUSG anytime, using Ripple’s RLUSD stablecoin for smooth settlement. This launch is about

June 12, 2025 3 mins read