Mon, September 7

Cantor Plans $3B Bitcoin Venture With SoftBank, Tether, Bitfinex

Cantor Fitzgerald is stepping forward to create a Bitcoin investment vehicle. The son of the US Commerce Secretary, Howard Lutick, leads the firm and plans to initiate a $3 billion Bitcoin venture. This initiative gathered support from other industry giants such as SoftBank, Tether, and Bitfinex.  The Financial Times reported

April 23, 2025 2 mins read

Tesla Maintains $951M Bitcoin Position Despite Earnings Shortfall

Tesla continues to invest substantially in Bitcoin even though Q1 2025 financial performance proved unsatisfactory. The April 22 earnings report from Tesla shows the company maintains 11,509 Bitcoins worth $951 million as of March 31. However, the value decreased from $1.076 billion at year-end because Bitcoin prices in the market

April 23, 2025 2 mins read

Trump Media Teams with Crypto.com & Yorkville America Digital to Launch Series of ETFs

Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“TMTG” or the “Company”), the operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, has signed a binding agreement to collaborate with Crypto.com, the prominent cryptocurrency trading platform in the United States, and

April 22, 2025 4 mins read

Creators Over Traders? Base Creator Jesse Pollak Says So

Layer 2 network Base’s architect, Jesse Pollak, expressed his priority towards creators and developers in the crypto space over traders. Following a backlash over an experimental token creation on the “Base is for everyone” tagline, Pump.fun co-founder Alon Cohen and Jesse pollak exchanged their opinions over traders and creators.  Alon

April 22, 2025 2 mins read

Metaplex Faces Legal Heat Over Plans to Redirect User Funds

The U.S.-based law firm Burwick Law has publicly challenged the Solana NFT platform Metaplex over its upcoming plan to transfer unclaimed SOL tokens, worth approximately $7.3 million, into its DAO treasury.  The issue revolves around the resize rent, originally paid by users as part of a blockchain optimization introduced last

April 22, 2025 2 mins read

ECB Warns US Crypto Reforms Could Trigger Financial Instability in Europe

The European Central Bank (ECB) warned of a probable repercussion from excessive US support for the crypto industry. As per the Bank, an increase in dollar-backed stablecoins could lead to the destabilization of the financial system of Europe.  The expansion of dollar-backed stablecoins is to expand the overall reach of

April 22, 2025 2 mins read

Cryptocurrency Dominates in South Korea Market, Surpasses Stock Market

The market capitalization of cryptocurrency in South Korea has exceeded 100 trillion won or $74.8 billion. With these numbers, the daily transaction volumes of crypto have now surpassed the nation’s stock markets.  Due to this, everyone in the nation is concerned about excessive speculative trading, as a report suggests that

April 22, 2025 2 mins read

CFTC-KuCoin Settlement Faces Delays Amid Policy Shift and Legal Challenges

The planned settlement of the crypto exchange KuCoin with the US CFTC is expected to face delays due to a policy change at the CFTC. The policy change is now putting less emphasis on cases involving crypto firms under Trump’s administration.  John Murphy, a CFTC attorney, asked for extra time

April 22, 2025 2 mins read

Bithumb Accelerates IPO Plans with Strategic Business Restructuring

Bithumb, the South Korean crypto exchange, extends its market domination by executing a major corporate restructuring plan. The company will establish a distinct entity for its non-exchange operations by July 31, 2025, to make distinct business boundaries between exchange activities and other ventures. Bithumb continues To Focus on Nasdaq  The

April 22, 2025 2 mins read

WazirX Awaits Crucial Court Ruling on May 13 to Restart Operations

The recently hacked Indian crypto exchange, WazirX, has announced that it is on the way to restarting its operations, awaiting a court ruling on May 13 concerning its restructuring and user compensation plan.  In July last year, the exchange was hacked for around $234.9 million worth of crypto assets by

April 22, 2025 2 mins read