The digital ministry of Indonesia has suspended the local operating license of World Network as the authorities found that the project was running under a registration not tied to an Indonesian legal entity. The Ministry of Communication and Digital of Indonesia, commonly known as Komdigi, froze the registration certificate of
The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
US Senator Elizabeth Warren is urging Congress to block the passage of the GENIUS Act, alleging that the bill may support corrupt gains for President Donald Trump’s USD1 stablecoin project. The legislation, previously having bipartisan backing, is currently under increasing opposition in the Senate. Concerns Over Illicit Profits and Foreign
The bearish pressure has pulled the crypto market cap by 1.11%, down to $2.96 trillion. This has sparked mixed sentiment across the assets, with Bitcoin and Ethereum on the downside. Meanwhile, Ripple’s XRP has posted a plunge of over 1.74%. Breaking the asset’s key resistance levels initiates a positive price
Core DAO (CORE) has reignited market interest with an explosive 100.52% rally over the past 30 days, cementing its position as one of the top-performing assets in the crypto space. At the time of writing, CORE is trading at $0.764, inching closer to its recent cycle high of $0.814. While
The Solana Foundation has recently encountered a bug that allowed hackers to mint some tokens and even take those tokens from users’ accounts. However, the bug has been reportedly fixed now. The Foundation’s analysis reveals that the vulnerability was first found on April 16, and it could have permitted a
Although Trump’s acceptance of crypto has huge impact in the digital asset world, it has also raised red flags with ethics specialists and regulators. Virginia Canter, State Democracy Defenders’ chief counsel, pointed out that previous presidents invested assets in blind trusts to keep themselves out of conflict-of-interest situations, something Trump
Ripple Chief Legal Officer Stuart Alderoty has raised anew concerns about how the United States Securities and Exchange Commission (SEC) deals with cryptocurrency regulation. His statement comes following the SEC’s voluntary withdrawal of an appeal in its extended legal saga against Ripple. Which is something he suspects serves to show
Deribit, the world’s largest crypto options exchange, is considering expanding into the United States, driven by a perceived shift toward a more crypto-friendly regulatory environment under President Donald Trump’s administration. According to a May 3 report by the Media House, Deribit CEO Luuk Strijers revealed that the Dubai-based platform is
The European Union has finalized its decision to ban privacy coins and anonymous cryptocurrency wallets by July 1, 2027, marking a decisive turn in the bloc’s anti-money laundering (AML) strategy. Under the newly adopted Anti-Money Laundering Regulation (AMLR), crypto assets that enable anonymous transactions—such as Monero (XMR), Zcash (ZEC), and
