Mon, July 7

First Digital Pursues Legal Action Against Justin Sun for False Claims

The First Digital assured its users that FDUSD continues its 1:1 backing and its redemption channel is operating without any issues. It has completed the first batch of redemption requests and ensures that FDUSD regains its dollar peg. The First Digital proved its robust maintenance of the stablecoin with this

April 3, 2025 2 mins read

Crypto Theft Rises as Hackers Sell Fake Phones with Malware

As the crypto space is evolving, hackers finding new ways to steal users’ digital assets. Kaspersky Lab experts revealed that hackers are using counterfeit Android smartphones to steal cryptocurrency. According to cybersecurity firm Kaspersky, they have discovered thousands of malware-infected Android devices specially developed to steal users’ data and crypto.

April 3, 2025 2 mins read

US Senate Committee Advances STABLE Act Bill to Regulate Stablecoins

The vision of bringing clear regulatory policies for crypto, in particular for stablecoins, has finally become a reality today. Stablecoins are now a step closer to regulation, with 32 votes in favor of the STABLE Act bill. This acts as a significant step forward to regulate the broader crypto industry. 

April 3, 2025 2 mins read

H3at Studios’ Monad Testnet Trailer: 4 Million Views and Counting

H3at Studios, a web3 creative studio primarily in the blockchain and NFT space, has once again risen to the occasion. The H3at Studios team helped the Monad network, a high-performance layer one (L1) blockchain designed to address scalability while maintaining full compatibility with the Ethereum Virtual Machine (EVM), achieve 4

April 3, 2025 2 mins read

BlackRock Secures FCA Approval, Expanding Crypto Services in the UK

BlackRock is now a registered crypto asset firm approved by the Financial Conduct Authority (FCA) in the UK, with permission to allow the world’s largest asset manager to facilitate ETP transaction transfers by means of iShares Digital Assets AG.  The approval granted by the FCA allows BlackRock to act as

April 2, 2025 2 mins read

North Korean IT Workers Threat Expands Beyond US, Says Google

As per the latest Google Threat Intelligence Group (GTIG) report, North Korean IT workers are spreading threats across the globe beyond the US. The last time it published a report on North Korean hackers was in September 2024, and the scope and scale of these people have expanded beyond the

April 2, 2025 2 mins read

GameStop Completes $1.5B Fundraising to Buy Bitcoin

GameStop, a video game-selling company, has recently closed its issuance of $1.5 billion convertible senior notes. Following this, the firm reported its intention to utilize the funds raised to buy Bitcoin for its balance sheet. This announcement reflects a vital move given GameStop’s need to find new income sources as

April 2, 2025 2 mins read

Grayscale Files S-3 to Convert Digital Large Cap Fund into ETF

Grayscale Investments filed an Import-Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF). The application, submitted on April 1, seeks to change into a publicly traded product what is at present a private investment vehicle. The

April 2, 2025 2 mins read

Metaplanet Expands Bitcoin Holding with $13M Purchase, Holds 4,206 BTC

Metaplanet, also referred to as “Asia’s MicroStrategy,” added another 160 BTC worth $13.3 million to the Bitcoin stack. It appears that the Japanese firm is going all in on Bitcoin.  The company acquired 696 Bitcoins worth $67.8 million on April 1st which made it the 9th-largest corporate holder of Bitcoin. 

April 2, 2025 2 mins read

SEC and Gemini Request 60-Day Halt in Crypto Lending Lawsuit

The U.S. Securities and Exchange Commission (SEC) and Gemini Trust have jointly filed a motion to pause their ongoing legal dispute over Gemini’s crypto lending program.  The motion, which was filed on April 1, 2025, before the U.S. District Court for the Southern District of New York, calls for a

April 2, 2025 2 mins read
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