The US Securities and Exchange Commission and Everstake are in discussions to explore clearer regulatory definitions revolving around taking and blockchain networks. Recently, both bodies held a meeting related to the Crypto Task Force of the SEC. The meeting was followed by the staking of more than 193 billion dollars
The United States has lost its final top-tier credit rating following Moody’s downgrade from Aaa to Aa1 on May 16. This is the first instance since the establishment of modern credit ratings that all major agencies no longer rate the country at the top level. High debt loads and growing
World Liberty Financial (WFLI), the DeFi startup co-founded by Zak Folkman and Eric Trump, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to extend its flagship stablecoin, USD1, across major blockchains. USD1, launched just months ago, has soared to a $2 billion market cap, ranking among the top five stablecoins. Initially
Elon Musk has once again stirred the crypto waters. On Friday, May 17, 2025, the Tesla and X (formerly Twitter) CEO changed his profile name to Kekius Maximus, reigniting a memecoin frenzy that sent the Ethereum-based KEKIUS token soaring more than 140% in just 24 hours. The price jumped from
FORM cryptocurrency has entered a strong bullish phase after consolidating below the $2.30 level through mid-April. The asset remained trapped in a tight range from early April until April 27, forming a visible breakout zone on the daily chart. After days of narrow price movement, FORM/USDT confirmed a breakout and
The Shiba Inu (SHIB) price today is hovering at $0.00001414, around 5.67% down in the past 24 hours and slipping from an intraday high of $0.00001516. It has slipped by around 11.16% in the past seven days. However, the dog-theme-based token is 19.05% up in the past 30 days. SHIB
The crypto industry has been witnessing a huge shift ever since Donald Trump started his presidency in the United States in 2024. Apart from promising to make the US a crypto capital, Donald Trump swiftly ventured into the industry and started several projects. His “Official Trump” memecoin and DeFi project,
In the latest development, New Zealand authorities and US officials collaboratively solved a crypto fraud case conducted by 13 scammers. These fraudsters are from several jurisdictions. This is one of the largest crypto crime busts, as this operation defrauded victims of $265 million. Wellington Man Among 13 Arrested in US
In a significant move toward expanding access to regulated cryptocurrency services, Webull Pay has announced a strategic partnership with Coinbase. Beginning in June 2025, Coinbase will be the backend trading, custody, and staking infrastructure provider via its Crypto-as-a-Service (CaaS) platform. Together, this partnership is to revolutionize Webull Pay’s digital finance
The Saudi Central Bank has recently unveiled an investment in a Strategy, an American development company. After the investment, the bank got its first indirect exposure to Bitcoin. The bank made a filing on May 16 with the US Securities and Exchange Commission in which it mentions that it now
