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A consortium linked to the Hedera blockchain and the founder of OnlyFans has reportedly entered the bidding war for TikTok’s U.S. operations, adding an unexpected twist to the high-stakes acquisition race. The late entry introduces new potential buyers into a contest that already includes major tech and investment firms vying for control of the popular social media platform. Who’s Behind …

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn two staff advisories related to cryptocurrency, citing the increasing maturity of the digital asset market. The move signals a shift in regulatory oversight as crypto markets evolve and integrate more closely with traditional financial systems. Why the CFTC Made This Decision The advisories, originally issued to provide guidance on key aspects …

In a groundbreaking investigation, South Korean prosecutors have revealed a sophisticated scheme to manipulate the price of the Fusionist (ACE) cryptocurrency token. The case highlights the growing concerns over market manipulation in the rapidly evolving world of digital assets and underscores the challenges faced by regulators in maintaining fair and transparent markets. The investigation, led by South Korea’s Financial Crimes …

Galaxy Digital’s UK subsidiary has secured approval from the UK’s Financial Conduct Authority (FCA), paving the way for an expansion into crypto derivatives trading. The move marks a significant step for the firm’s European operations as it looks to capitalize on growing institutional demand for regulated digital asset products. What the FCA License Means The FCA registration allows Galaxy Digital’s …

A new report reveals that New York mayoral frontrunner Andrew Cuomo worked as a paid advisor to cryptocurrency exchange OKX while the company was under federal investigation. The revelation raises questions about Cuomo’s ties to the crypto industry and potential conflicts of interest as he campaigns for office. Cuomo’s Role with OKX According to sources, Cuomo was brought on as …