Mon, September 7

Are Tether USDT Custody and Transfers Not Restricted Under MiCA?

Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far.  The issue came to

March 5, 2025 2 mins read

South Korea’s FIU Announces Tightening AML Laws Amid Crypto Crimes Surge

Cryptocurrency hacks have been far from reducing over the past months. Following a short dormancy during the end of 2024, the sector witnessed the huge Bybit hack in February. This hack occurred on February 22 and experienced a loss of $1.4 billion worth of funds. Particular investigators alleged that the

March 5, 2025 2 mins read

Metaplanet Stock Surges 20% After Purchasing 497 Additional Bitcoins

Metaplanet stock price jumped more than 20% today after the firm announced its latest purchase of 497 Bitcoins. Japan’s firm has been circling around the media for its relentless BTC purchase since last year. Despite the market price swings triggered by Trump’s tariffs and crypto announcements, Metaplanet remains committed to

March 5, 2025 2 mins read

Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

Mexican billionaire Ricardo Salinas has allocated 70% of his total investment portfolio to Bitcoin and Bitcoin-related assets. During his March 4 Bloomberg interview, the founder and chairman of Grupo Salinas discussed his current investment strategy. During 2020 Salinas maintained Bitcoin as 10% of his portfolio, but he increased his holdings

March 5, 2025 2 mins read

SEC Drops Lawsuit Against Cumberland DRW Over Unregistered Securities Trading

The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against Chicago-based crypto trading firm Cumberland DRW. The firm announced the decision in a March 4 post on X, stating that both parties had signed a joint filing to dismiss the case. The SEC initially sued Cumberland

March 5, 2025 2 mins read

Top Crypto Executives and CEOs to Attend White House Crypto Summit

Donald Trump is known for his pro-crypto stance ever since he started campaigning for his elections in 2024. To fulfil his promise of making the US a crypto capital of the globe, he is taking several initiatives. From signing an EO to bring crypto-friendly policies to scheduling the first White

March 5, 2025 2 mins read

Reddit Co-Founder Alexis Leads the Charge to Decentralize TikTok

In a groundbreaking move that could reshape the social media landscape, Reddit co-founder Alexis Ohanian has officially joined Project Liberty’s consortium to acquire TikTok’s US operations. Ohanian joins this consortium with a revolutionary vision of decentralizing the platform through blockchain technology.  The Alexis Ohanian involvement was first reported by Reuters

March 5, 2025 2 mins read

FTX and Alameda Unstake $431M in Solana Amid Customer Repayments

FTX and Alameda Research unstaked 3.03 million Solana (SOL) tokens worth $431 million. This marks their largest SOL unlock since November 2023. The tokens were distributed to 37 wallets, with deposits likely made to Coinbase and Binance. Since November 2023, FTX and Alameda have unstaked and offloaded 7.83 million SOL,

March 4, 2025 2 mins read

Arthur Hayes Predicts Bitcoin’s Rebound Despite Market Volatility

The BitMEX and 100x co-founder Arthur Hayes predicts Bitcoin will sustain its bull market run despite recent price movement. He suggests that Bitcoin’s price might temporarily dip to approximately $70,000 before experiencing a significant rise.​ Bitcoin’s Potential Dip and Strong Rebound Hayes anticipates a temporary pullback to $70,000 as a

March 4, 2025 2 mins read

MegaETH Plans to Launch Real-Time Blockchain Testnet This Week

MegaETH is one of the layer2 scaling solutions built on the Ethereum blockchain. It takes an innovative approach to real-time blockchain scalability. MegaETH prioritises vertical scaling to facilitate quicker transactions to achieve 100,000 TPS. The project has recently outlined a plan to launch its testnet.  As per the announcement on

March 4, 2025 2 mins read