Fri, May 23

Brazil Advances Crypto Regulation With Strict Stablecoin Transfer Rules

Brazil is accelerating its cryptocurrency regulatory framework, positioning itself ahead of the United States. According to a report by The Defiant, the Central Bank of Brazil (BCB) has enforced strict rules to tackle stablecoin transfers to increase security and management. These rules limit the movement to self-custody wallets, particularly the

May 15, 2025 2 mins read

South Korea Arrests 25 in Major Crypto Scam Crackdown

South Korea has arrested 25 individuals linked to coordinated fake cryptocurrency investment scams targeting retail investors. The arrests were made in Jeju, where authorities uncovered four interconnected fraud rings.  These groups operated under the appearance of legitimate investment firms, using call centers to pose as crypto advisors. Their tactics included

May 15, 2025 2 mins read

Cardano’s Midnight Glacier Airdrop: Charles Hoskinson Shares New Insights

Charles Hoskinson, Cardano’s founder, revealed new information on the upcoming Glacier Drop airdrop at Consensus 2025 in Toronto. The project involves distributing Midnight tokens to 37 million wallets across eight different blockchains. Glacier Drop’s Multi-Chain Token Distribution According to a post on X by BSCNews, Hoskinson confirmed that the Glacier

May 15, 2025 2 mins read

Nebraska Passes Bill to Limit Crypto Mining Power 

Nebraska is poised to join the growing list of U.S. states taking a firmer stance on crypto mining. On Tuesday, legislators voted unanimously to pass LB 526, legislation directed at curbing massive-scale cryptocurrency mining operations with high power consumption. The bill sailed through its last legislative hurdle with a 49-0

May 15, 2025 2 mins read

eToro Soars on Nasdaq Debut, Signaling Revival in Crypto-Related IPOs

eToro Group made a fantastic debut on the U.S. exchange on Wednesday, with the stock price surging almost 30% on its first day of trading. Its stock price closed at $67, above its IPO price of $52. It brings the company’s market capitalization to over $5.5 billion. Upsized Offering Reflects

May 15, 2025 2 mins read

MetaMask Token Remains a Possibility as Regulatory Landscape Shifts

MetaMask co-founder Dan Finlay has confirmed that the team is still considering a native token for the wallet. Speaking during a podcast interview with The Block’s Tim Copeland, Finlay addressed ongoing discussions about the long-rumored MASK token. He said that any official announcement would appear only through MetaMask’s wallet interface

May 15, 2025 2 mins read

Ukraine Eyes National Bitcoin Reserve in Collaboration with Binance

As global interest in cryptocurrency adoption grows, Ukraine is taking a bold step toward integrating digital assets into its national financial strategy. The Eastern European nation is reportedly drafting legislation to establish a national strategic Bitcoin reserve, with the support of Binance, one of the world’s leading crypto exchanges. A

May 15, 2025 2 mins read

SEC Delays Solana ETF Decision to October 2025

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s spot Solana (SOL) ETF. The new deadline has been pushed to October 2025, according to a filing dated May 13. The application aims to list the ETF on the New York Stock Exchange (NYSE). This move mirrors

May 14, 2025 2 mins read

Nasdaq Firm with Chinese Ties Backs TRUMP Memecoin in $300M Deal

Nasdaq-listed GD Culture Group has committed up to $300 million to buy Bitcoin and the Trump-themed TRUMP memecoin. The announcement came in a May 11 SEC filing. The company plans to use funds raised from a stock deal with an unnamed investor in the British Virgin Islands. GDC has no

May 14, 2025 2 mins read