Tue, October 6

Thailand SEC to Launch Blockchain-Based Tokenized Securities Trading Platform

The Securities and Exchange Commission (SEC) of Thailand plans to launch a distributed ledger technology (DLT)-based platform for trading tokenized securities. This move aims to enhance capital market efficiency and attract more investors. According to the Bangkok Post, the platform will allow securities firms to trade digital tokens, capitalizing on

February 3, 2025 2 mins read

Elon Musk Supports the Idea of Moving US Treasury to Blockchain

Ever since Donald Trump won the US elections, major shifts have been happening across all aspects of the US economy. From supporting the crypto industry and innovation to implementing new tariffs, Trump is relentlessly making it to the headlines every day. With his radical decision to establish D.O.G.E led by

February 3, 2025 2 mins read

Crypto Market Wiped Out Over $2 Billion as Trump’s Tariffs Spark Panic Selling

The cryptocurrency industry has hit another downturn as US President Donald Trump’s latest tariff decisions. Trump’s tariff decision caused a market shock, Bitcoin (BTC) fell below $94,000 and recorded an intraday low of $91,242, a clear loss from its recent highs. Ethereum (ETH) also plummeted over 26% to $2,159, causing

February 3, 2025 2 mins read

Donald Trump Tariffs Lead to $50 Million Loss for World Liberty Financial

Donald Trump new tariff system is shaking global markets. In particular, the crypto market was in a blood bath in the early Asia hours, with BTC and ETH falling above 6% and 20% respectively. With more than $2.2 billion in crypto liquidations in the last 24 hours, the total market

February 3, 2025 2 mins read

El Salvador Buys 2 Additional Bitcoin in Single Day Post IMF Deal

El Salvador making waves in the crypto market purchasing two additional Bitcoins in a single day. According to its Bitcoin strategic reserve initiative, the country buys one BTC per day but recently the country has increased its acquisition rate. Recently, the country revoked Bitcoin’s legal tender status due to International

February 2, 2025 2 mins read

Indian crypto investors could face a 70% tax penalty

India’s New Crypto Tax Rules Bring Heavy Penalties India has begun strict new tax guidelines on the profits obtained from cryptocurrencies. Undisclosed gains will attract up to 70% penalties. This amendment is under Section 158B of the Income Tax Act as announced by Finance Minister Nirmala Sitharaman in the Union

February 2, 2025 2 mins read

Will Litecoin ETF Get the Green Light Before Grayscale’s XRP ETF?

Filings for Crypto funds are increasing by the day as the new administration takes charge in the US. Bitcoin was the first crypto to have its exchange-traded funds on conventional market places in 2024. However, we are witnessing other cryptos such as XRP, Solana, and Litecoin ETF filings this year. 

February 1, 2025 2 mins read

Swiss Bank UBS Explores Blockchain for Digital Gold on ZKsync

Switzerland’s largest bank, UBS, has completed a successful proof of concept for its fractional gold investment product, UBS Key4 Gold. The project utilizes blockchain on ZKsync Validium, an L2 of the Ethereum network. With $5.7 trillion worth of assets managed to date, UBS stands at the forefront of integrating blockchain

February 1, 2025 2 mins read

Elon Musk’s DOGE Targets the US Treasury

Musk’s DOGE Takes on the US Treasury Elon Musk’s Department of Government Efficiency (D.O.G.E.) is gaining attention in Washington, especially after targeting the US Treasury. The development has led to the resignation of a top Treasury official, David Lebryk, reportedly due to disagreements with Musk’s allies. According to reports, the

February 1, 2025 2 mins read

Stablecoin Market Cap Hit A Record High of Over $200 Billion

The Stablecoin market cap leapfrogged the $211 billion mark amid USDC’s positive momentum. As per the recent report by Alphractal, a data analysis platform, the stablecoin market has witnessed tremendous growth since 2023 which was driven by USDT (Tether). According to a report, the stablecoin market surged by 73% from

February 1, 2025 2 mins read