Tech

2 April

Stablecoin Giant Circle Sets Sights on NYSE with IPO Filing

Circle, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE), marking a significant step in its journey toward becoming a publicly traded company. The Boston-based fintech firm announced its IPO registration with the U.S. Securities and Exchange Commission (SEC), though specific details such as the number of …

2 April

Neo Foundation Refutes Token Sale Claims, Investigates Binance Transfers After Sharp Drop

The Neo Foundation has denied allegations of large-scale token sales following a sharp 35% decline in the price of NEO, the network’s native cryptocurrency. The organization also announced an internal investigation into recent token transfers to Binance, which some community members suspect may have contributed to the sudden price drop. The controversy emerged after blockchain analysts noticed significant NEO token …

2 April

UK Trade Groups Call for Crypto Envoy and Strategic Action Plan

Leading UK trade associations are urging the government to appoint a dedicated crypto envoy and implement a comprehensive action plan to support the country’s growing digital asset industry. The call comes as the UK seeks to position itself as a global hub for cryptocurrency innovation while ensuring regulatory clarity and investor protection. The trade groups argue that a government-appointed crypto …

2 April

SEC and Gemini Seek 60-Day Pause in Legal Battle Amid Settlement Talks

The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have jointly requested a 60-day pause in their ongoing legal dispute, indicating possible settlement discussions. The case, centered on Gemini’s Earn program, has been a focal point in the broader regulatory scrutiny of crypto lending services. The SEC sued Gemini in early 2023, alleging that the Earn program constituted …

2 April

Metaplanet Boosts Bitcoin Reserves with 160 BTC Buy, Holdings Reach 4,206 BTC

Japanese investment firm Metaplanet has expanded its Bitcoin holdings with the acquisition of an additional 160 BTC, bringing its total reserves to 4,206 BTC. The latest purchase underscores the company’s ongoing strategy of increasing its exposure to Bitcoin as a long-term store of value. Metaplanet has been steadily accumulating Bitcoin amid growing institutional interest in digital assets. The firm’s decision …

2 April

South Korean Police Launch Global Manhunt for OTC USDT Theft Suspects

South Korean authorities have launched an international manhunt for suspects involved in an over-the-counter (OTC) USDT theft operation. Law enforcement agencies are working with international partners to track down individuals accused of orchestrating a large-scale fraud involving Tether (USDT), one of the most widely used stablecoins in the crypto market. According to investigators, the suspects allegedly lured victims into OTC …

2 April

Sony Singapore Embraces Crypto: USDC Payments Now Live via Crypto.com

Sony Singapore has taken a major step into the world of digital payments by integrating USD Coin (USDC) transactions through Crypto.com. This move allows customers to use the popular stablecoin for purchases, reflecting the growing acceptance of cryptocurrencies in mainstream commerce. The partnership with Crypto.com enables seamless, secure, and fast transactions using USDC, a stablecoin pegged to the U.S. dollar. …

2 April

Kristin Smith Departs Blockchain Association to Lead Solana-Backed Policy Initiative

Kristin Smith, the longtime CEO of the Blockchain Association, is stepping down from her role to join a new policy group backed by Solana, marking a significant shift in the crypto advocacy landscape. Her departure comes after years of leading one of the most influential blockchain lobbying organizations in Washington, where she played a key role in shaping regulatory discussions …

2 April

Coinbase CEO Brian Armstrong Pushes for Onchain Interest-Bearing Stablecoin Regulations

Coinbase CEO Brian Armstrong is calling for clear regulatory guidelines on interest-bearing stablecoins, arguing that an onchain framework could unlock new opportunities for financial innovation while ensuring consumer protection. His advocacy comes amid increasing demand for stablecoins that generate yield, a feature that could transform the way digital assets are used in mainstream finance. Stablecoins, which are typically pegged to …

1 April

Pakistan Shifts Stance on Crypto, Aims to Play Key Role in Global Web3 System: Crypto Council CEO

In a significant development, the CEO of the Crypto Council has revealed that Pakistan is shifting its stance on cryptocurrency and is now looking to position itself as a key player in the global Web3 ecosystem. The move marks a major change in the country’s approach to digital assets, as it seeks to tap into the growing potential of blockchain …