Fri, December 5

Meta Faces Accusations of Assisting China in AI Development

Senior Meta executive Sarah Wynn-Williams turned into a whistleblower regarding the firm’s involvement with China. The news is raising concerns about the social media giant’s intention behind helping China in advanced technology, such as AI development.  A Bloomberg news report confirmed that Sarah is going to testify before the Senate

April 9, 2025 2 mins read

Cathie Wood’s Ark Doubles Down on Coinbase with $4.8M Share Purchase

Ark Invest, led by their  fund manager Cathie Wood, continued its strategic push into Coinbase (COIN), acquiring $4.8 million worth of shares on Tuesday. Ark invested in 31,730 shares of Coinbase ahead of U.S. President Donald Trump’s tariffs becoming effective at midnight on Wednehaven’tsday through three of their exchange-traded funds

April 9, 2025 2 mins read

Trump-Linked WLFI Dumps $8M in Ethereum at Loss as Market Bleeds

A wallet allegedly tied to Trump-supported World Liberty Financial (WLFI) sold 5,471 ETH at $1,465 per coin, according to Lookonchain data sourced from Arkham. The sale, valued at $8.01 million, occurred just before the news broke, prompting questions about the project’s financial position and broader market strategy. WLFI initially spent

April 9, 2025 2 mins read

Solana’s ‘Confidential Balances’ Strengthen Blockchain Privacy

Solana has expanded its privacy capabilities with the launch of “Confidential Balances,” a suite of zero-knowledge-powered token extensions. It is designed to shield transaction details while maintaining regulatory compliance. New Privacy Features Expand Token Functionality Confidential Balances represents the latest addition to Solana’s privacy-protecting “Confidential Transfers” features which Token2022 introduced

April 9, 2025 2 mins read

Cboe Files to List First-Ever SUI ETF Backed by Canary Capital

Canary Capital has taken a significant step toward launching the first U.S. exchange-traded fund (ETF) tied to the Sui Network’s native token, SUI. The asset manager filed an S-1 registration for the proposed ETF in March. On April 8, the Cboe BZX Exchange submitted a 19b-4 rule change request to

April 9, 2025 2 mins read

US SEC Gathers Industry Leaders for Upcoming Crypto Regulation Roundtable

The US Securities and Exchange Commission (SEC) has announced the roster of US crypto and financial industry heavyweights who will participate in a roundtable discussion about the regulation of crypto trading. Known as “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” the regulator’s next roundtable on

April 9, 2025 2 mins read

Trump Administration Shuts Down DOJ’s Crypto Crime Unit in Major Policy Shift

The U.S. Department of Justice (DOJ) has officially disbanded the National Cryptocurrency Enforcement Team (NCET), marking a major policy shift under President Donald Trump. The move aligns with the administration’s push to ease crypto regulations and promote innovation in the sector. NCET was launched in 2021 under the Biden administration.

April 8, 2025 2 mins read

SBI Holdings Inc. Weighs Reducing Its Stake in B2C2 Crypto Unit

Japanese financial conglomerate made it to the headlines today as the information regarding its plans to sell a minority stake in B2C2 crypto unit surfaced. Bloomberg reported that people familiar with the matter, who wish to stay anonymous, revealed the news.  SBI Financial Services Inc. is an affiliate of SBI

April 8, 2025 2 mins read

Nigerian Court Adjourns Binance’s $81.5B Tax Evasion Case to April 30

A Nigerian court has adjourned the Federal Inland Revenue Service’s (FIRS) tax evasion case against Binance until April 30. The decision gives the FIRS more time to respond to a motion filed by the crypto exchange. Binance challenged a February 11 court order that allowed documents to be served via

April 8, 2025 2 mins read
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