Tue, June 2

SEC and Everstake Discuss Regulatory Clarity on Non-Custodial Staking

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

May 17, 2025 2 mins read

Moody’s Downgrade Shakes US Credit Outlook as Bitcoin Remains Unshaken

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

May 17, 2025 2 mins read

WLFI Integrates Chainlink’s CCIP to Scale USD1, Targets DeFi’s Cross-Chain Pain Point

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

May 17, 2025 2 mins read

Senator Rips Trump’s World Liberty Financial for Weak Inquiry Response

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,

May 17, 2025 3 mins read

FBI and New Zealand Authorities Unravel $265M Crypto Fraud

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

May 17, 2025 2 mins read

Coinbase to Power Webull Pay’s Crypto Infrastructure

 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

May 17, 2025 2 mins read

France Boosts Security for Crypto Entrepreneurs Amid Rise in Kidnappings

After a significant rise in crypto-related kidnappings in France, the government has decided to enhance the security measures for Crypto entrepreneurs and their families, as per Politico. As per the report of the American media firm released on May 16, the measures will prioritise access to police emergency lines, home

May 17, 2025 2 mins read

Bitstamp Secures MiCA License to Expand Crypto Services Across EU

Bitstamp has now become one of the first exchanges to function across Europe’s new crypto framework after securing the MiCA license.  The exchange has received a crypto asset service provider license to function in Luxembourg under the new MiCA rules of the European Union. After this, Bitstamp will be eligible

May 16, 2025 2 mins read

Eric Trump Bets on Low-Cost Mining Over Market Buys in BTC Strategy

Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price. During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the

May 16, 2025 2 mins read