Mon, September 7

Upbit Halts Stacks (STX) Deposits and Withdrawals Amid Network Block Delays

According to a recent official announcement, South Korea’s largest cryptocurrency exchange Upbit has temporarily suspended its STX transaction services. This follows after continued delays in Stacks network’s block generation. The suspension remains in effect until the exchange confirms that deposit and withdrawal operations can proceed safely. The decision follows reports

May 24, 2025 2 mins read

Most $TRUMP Holders Sold Before Gala Dinner, Triggering Ethics Concerns

The $TRUMP holders who were invited to the exclusive gala dinner held none of the tokens in the wallets by the time they attended the dinner at Trump National Golf Course on May 22.  A report from Solscan reveals that only eight of the top 25 VIPs kept the balance

May 24, 2025 2 mins read

U.S. DOJ Recovers $2.5M in Crypto from Fraud Schemes, Aims to Restore Market Trust

As a bold step against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has declared that it has forfeited around $2.5 million in cryptocurrency, all of which is tied to fraudulent investment scams that took advantage of growing public interest in the crypto sector. The DOJ’s May 23 announcement is

May 24, 2025 2 mins read

Polygon Co-Founder Mihailo Bjelic Steps Down from Foundation and Labs

One of the co-founders of Polygon, Mihailo Bjelic, has stepped down from the blockchain project in which he was involved. He is resigning from the Polygon Foundation board and terminating his role at the main development Studio, Polygon Labs.  The co-founder posted on X, asserting that after a lot of

May 24, 2025 2 mins read

Semler Scientific Expands Bitcoin Holdings to 4264 BTC

Semler Scientific has acquired an additional 455 Bitcoin for $50 million, according to a May 23 SEC filing. The Nasdaq-listed healthcare tech firm now holds 4,264 BTC, valued at approximately $474.4 million based on recent prices. The company purchased the new Bitcoin between May 13 and May 22 at an

May 24, 2025 2 mins read

SEC Delays XRP & LTC ETFs, TRX Fund Makes Progress

The U.S. Securities and Exchange Commission (SEC) has again postponed its decision-making on several major crypto ETF applications, adding further uncertainty to the future of regulated digital asset products. But even in the midst of regulatory freeze, there is one product, a staking ETF tied to TRX (TRON) that is

May 23, 2025 2 mins read

BTC Hits $111K as ETF Inflows Surge to 1-Month High

Institutional interest rebounds sharply as BTC crosses the $111K mark. Bitcoin set a new all-time high yesterday, soaring to $111,968, a milestone that triggered a wave of institutional investment. The rally pushed over $934 million into spot Bitcoin Exchange-Traded Funds (ETFs), marking the highest single-day inflow since April 22, according

May 23, 2025 2 mins read

Massachusetts Man Sentenced to 6 Years for Running Unlicensed Bitcoin Business

A resident of Danvers, a town in Massachusetts, was convicted of operating an unregistered Bitcoin transmitting business and was sentenced as it breached federal anti-money laundering laws.  On May 23, the resident was sent to six years in prison for operating an unlicensed Bitcoin money transmitting business that authorities claim

May 23, 2025 2 mins read

Trump’s Memecoin Dinner with Justin Sun Lights up Crypto Ethics Debate

On May 22, 2025, the founder of TRON, Justin Sun, caused a commotion by participating in a private presidential dinner party held by President Donald Trump in Virginia. The elite event was only accessible to the top 220 holders of the $TRUMP memecoin, a cryptocurrency established by Trump earlier this

May 23, 2025 2 mins read

JPMorgan, BofA Plan Stablecoin Collaboration

Large banks venture into digital currency to remain competitive within the new crypto-financial environment. In a dramatic change of strategy, top US banking institutions JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others are said to be in preliminary talks to issue a jointly created stablecoin. As quoted by

May 23, 2025 2 mins read