Day: 5 March 2025

Upbit has announced the listing of KAITO, an AI-powered digital asset, for trading against South Korea's won, Bitcoin, and Tether’s USDT. The exchange stated that deposits for KAITO would open within two hours of the announcement, making them available by 5:47 AM KST on March 5, with trading set to ...

Russia is considering launching an experimental cryptocurrency trading platform for “super-qualified” investors as a way of providing a controlled framework for digital asset transactions. According to state news agency Interfax, Aleksey Yakovlev, head of the Ministry of Finance’s financial policy department, confirmed that discussions are underway to establish the initiative. ...

Decentralized lending protocol zkLend has officially activated its Recovery Portal, enabling users affected by the platform’s February 12 exploit to claim their lost funds.  The announcement was made on March 5 via a post on X, where zkLend urged users to verify official communications before proceeding with their claims. The ...

Berachain's pseudonymous co-founder, "Smokey the Bera", has expressed regrets regarding the rollout of the blockchain's token and its supply allocation. Speaking on the Unchain podcast, the founder admitted that the team had sold too many tokens to venture capitalists before its launch, which occurred nearly a month after the mainnet ...

The Australian Securities and Investments Commission (ASIC) has charged Brendan Gunn, the brother of Australian Olympic breakdancer Rachael Gunn, for allegedly dealing with money suspected to be the proceeds of crime while operating a fiat-to-crypto conversion business. In a statement released on March 5, ASIC accused Gunn of handling two ...

Iris Ramaya Au, former girlfriend of convicted crypto fraudster Adam Iza—infamously known as “The Godfather”—has agreed to plead guilty to a federal tax charge related to her involvement in his illicit financial schemes. According to a statement released by the U.S. Department of Justice on March 5, Au admitted to ...

Japanese investment firm Metaplanet has expanded its Bitcoin holdings with a $44 million purchase, a move that has propelled its stock price up by 19% today. CEO Simon Gerovich announced in a March 5 post on X that the firm acquired 497 BTC at an average price of $88,448 per ...

The U.S. Securities and Exchange Commission (SEC) has decided to dismiss its case against Cumberland DRW, a Chicago-based cryptocurrency trading firm, months after accusing it of operating as an unregistered securities dealer. In a March 4 announcement on X, Cumberland confirmed that it had reached an agreement with the SEC ...

Did you miss out on the Toncoin? It was one of the most talked-about launches in the crypto industry, raising a staggering $1.7 billion and solidifying its place as a major blockchain project. Those who got in early saw exponential gains as Toncoin became a key player in decentralized applications ...

Bybit has joined global financial leaders in tackling cross-border payment challenges for small and medium-sized enterprises (SMEs). The exchange participated in the Inclusive FinTech Forum at the Kigali International Financial Centre, where industry experts explored ways to enhance financial accessibility and streamline international transactions. Representing Bybit, Chief Legal & Compliance ...