Latest News

23 April

Bitcoin Rises 6% to Over $93K After Trump Drops Powell Firing Agenda

In a dramatic shift that sent shockwaves through the financial markets, Bitcoin surged by 6%, pushing its price above the $93,000 mark after former President Donald Trump announced that he would no longer pursue plans to fire Federal Reserve Chair Jerome Powell. This unexpected turn of events has rekindled investor confidence in the cryptocurrency market, driving Bitcoin to new highs …

22 April

Korea’s Crypto Hoard Hits Record $73.4B After Trump’s Advocacy

South Korea’s cryptocurrency market has experienced a significant surge, with holdings reaching a record-breaking $73.4 billion, following former U.S. President Donald Trump’s advocacy for digital assets. This remarkable growth in the Korean crypto market highlights the growing influence of global political figures on the digital asset landscape, with Trump’s pro-crypto stance encouraging investors in South Korea to ramp up their …

22 April

Crypto-Friendly Paul Atkins to Lead SEC, Industry Braces for Major Shake-Up

The U.S. Securities and Exchange Commission (SEC) is poised for a transformative shift as Paul Atkins, a well-known advocate for cryptocurrency and blockchain innovation, is set to take the helm of the regulatory body. As a former SEC Commissioner and long-time supporter of more progressive approaches to crypto regulation, Atkins’ appointment has the industry on edge, anticipating major changes in …

22 April

Telegram CEO Threatens EU Exit Over Encryption Backdoor Push, Raising Privacy Concerns

Telegram, one of the world’s leading encrypted messaging platforms, has once again found itself at the center of a heated privacy debate. In a bold move that could significantly alter its operations in Europe, Telegram CEO Pavel Durov has issued a stark warning to the European Union (EU), threatening to exit the region over proposed legislation that could mandate the …

22 April

Coinbase CLO Presses SEC for ETH2.0 Docs, Demands Clarity on “Ecosystem” Test

Coinbase’s Chief Legal Officer (CLO), Paul Grewal, has raised significant concerns regarding the SEC’s handling of crucial documentation related to Ethereum 2.0 (ETH2.0) and the ongoing regulatory uncertainty surrounding crypto assets. In a public statement, Grewal pressed the U.S. Securities and Exchange Commission (SEC) to release important ETH2.0-related documents that have been withheld, citing the need for transparency and clarity …

22 April

CFTC Seeks Public Feedback on Crypto-Style 24/7 Derivatives Trading

The U.S. Commodity Futures Trading Commission (CFTC) has announced that it is seeking public input on the potential development of a 24/7 crypto-style derivatives market. This move comes as the CFTC explores the possibilities of allowing round-the-clock trading for cryptocurrency derivatives, a market model that has been successfully implemented in the cryptocurrency space but is yet to gain widespread acceptance …

22 April

Circle, BitGo Race for U.S. Bank Charters, While Anchorage Leads the Way

As the U.S. cryptocurrency landscape continues to evolve, Circle and BitGo, two major players in the digital asset space, are racing to secure U.S. bank charters, a coveted license that could provide them with the regulatory clarity and legitimacy needed to operate at the highest levels of finance. However, as they pursue this ambitious goal, Anchorage, the only current holder …

22 April

Deutsche Bank and Standard Chartered Set Sights on U.S. Crypto Expansion

In a strategic move that highlights the growing mainstream acceptance of cryptocurrency, two of the world’s largest financial institutions—Deutsche Bank and Standard Chartered—are making significant strides towards expanding their presence in the U.S. crypto market. Both banks are positioning themselves to capitalize on the rapid growth of the digital asset space, marking a pivotal moment for the convergence of traditional …

22 April

Paradigm to US SEC: ‘First, Do No Harm’ in Addressing MEV Concerns

In the evolving landscape of cryptocurrency and decentralized finance (DeFi), Miner Extractable Value (MEV) has emerged as a critical topic of discussion. As regulators like the U.S. Securities and Exchange Commission (SEC) begin to examine and regulate the crypto market more closely, one prominent player in the crypto space, Paradigm, has sent a clear message: when addressing MEV, “First, Do …

22 April

Blockchain Fuels $25B Decentralized AGI Revolution, Protecting Innovation From Big Tech

The world of artificial general intelligence (AGI) is on the cusp of a revolution, driven by the innovative capabilities of blockchain technology. With a massive $25 billion investment backing the movement, decentralized AGI has the potential to reshape industries, democratize AI, and, most importantly, shield innovation from the monopolistic control of big tech companies. In recent years, AGI — the …