Sun, February 1

SWIFT Strengthens Crypto Oversight as Russia and China Seek Sanction Loopholes 

While cryptocurrencies are rapidly revolutionising financial systems, the Society for Worldwide Interbank Financial Telecommunications (SWIFT) is trying to prevent their misuse to circumvent sanctions by Russia and China. At the London Digital Assets Summit on May 6, Tom Zschach, SWIFT’s Chief Innovation Officer, laid out how the company is enhancing

May 9, 2025 2 mins read

OFFICIAL TRUMP Token Hits $13.95 After Wedge Breakout: Could It Double Soon?

For a month now, the TRUMP memecoin that is associated with President Donald Trump has been on an uptick spree. As of the latest data, the cryptocurrency opened its price value during the Asian trading session at $12.68, continuing its uptrend that has marked a 15% surge in the last

May 9, 2025 2 mins read

Commissioner Crenshaw Questions US SEC’s Proposed Ripple Lawsuit Settlement

SEC Commissioner Caroline Crenshaw has publicly objected to a proposed settlement with Ripple Labs, warning that it undermines investor protections and the legal foundation built over years of litigation. According to a statement by the SEC on May 8, the deal, which would see Ripple and its two top executives

May 9, 2025 2 mins read

Coinbase Acquires Deribit in $2.9B Crypto Options Push

Coinbase has announced a major move in its global expansion strategy by acquiring Deribit, the leading crypto options exchange, in a deal worth $2.9 billion. The transaction includes $700 million in cash and 11 million shares of Coinbase stock, marking one of the largest crypto acquisitions to date. The deal

May 9, 2025 2 mins read

Why Is the Crypto Market Up Today?

The crypto market is surging today, driven by growing optimism around global trade developments and a supportive macroeconomic backdrop. The total crypto market capitalization jumped 3.21% to reach $3.1 trillion, while 24-hour trading volume soared 47.10% to $119.1 billion. Bitcoin (BTC) surged past $99,000, hitting $99,415, as bulls aim for

May 8, 2025 2 mins read

Trump’s Crypto Advisor Launches $300M Bitcoin Firm

David Bailey, CEO of BTC Inc. and a key crypto advisor to Donald Trump, is making waves in the digital asset industry with the launch of a new bitcoin investment company named Nakamoto. The venture, which has secured  $300 million in funding, is set to go public and aims to

May 8, 2025 2 mins read

Stripe Launches Stablecoin Accounts and AI Fraud Detection Tools

Stripe, a global payment solution for Web3, has revealed various features at its annual user event on May 7 in San Francisco. The major updates are the introduction of Stablecoin Financial Accounts and a new Payments Foundation Model. The Stablecoin Financial Accounts permit businesses in around 101 countries to hold

May 8, 2025 2 mins read

LockBit Breach Exposes 60,000 Bitcoin Addresses in Major Leak

Hackers recently violated the dark web affiliate panel of  Lockbit’s ransomware infrastructure, leading to a massive leak of around 60,000 Bitcoin addresses associated with the group. After the hack, a MySQL database dump was shared publicly online.  The database dump consisted of crypto-associated information, helping blockchain analysts to trace the

May 8, 2025 2 mins read

G7 Leaders to Address North Korea’s Crypto Theft Crisis

North Korea’s cyber attacks on the crypto domain are expected to be on the agenda at the upcoming G7 summit in Canada next month.. This is an indication that the world is increasingly becoming worried about North Korea’s cyber activities. However, the issues in Ukraine and Gaza will remain the

May 8, 2025 2 mins read

Arizona Governor Signs Bill Allowing State to Manage Unclaimed Crypto Assets

Arizona is making history by becoming the first state in the U.S. to actively manage unclaimed cryptocurrency. Governor Katie Hobbs recently signed House Bill 2749 into law, allowing the state to take ownership of digital assets that have been abandoned for at least three years. This new legislation paves the

May 8, 2025 3 mins read
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