Day: 20 March 2025

Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. prosecutors that could see him avoid significant prison time in exchange for forfeiting approximately $23 million in stablecoins. According to court documents, Andriunin has pleaded guilty to one count of market manipulation and two counts of wire fraud. Originally ...

Bakkt Holdings faces significant changes following the departure of two major clients, Bank of America and Webull. Their contracts are set to expire in April and June. Notably, Bank of America contributed 16% of Bakkt’s loyalty services revenue in 2023 and 2024, while Webull accounted for 74% of its crypto ...

Dubai has taken a bold step toward integrating blockchain technology into its real estate sector, launching a pilot phase for converting property assets into digital tokens. The Dubai Land Department (DLD), the government body overseeing real estate regulation and registration, announced the initiative in partnership with the Dubai Future Foundation ...

The Australian Federal Police (AFP) has launched an investigation into a large-scale cryptocurrency scam in which fraudsters impersonated Binance representatives to defraud Australians. In a joint statement, the AFP, the National Anti-Scam Centre (NASC), and Binance Australia revealed that the scheme was uncovered as part of Operation Firestorm—a global initiative ...

Ripple CEO Brad Garlinghouse has forecasted that XRP exchange-traded funds (ETFs) will likely launch in the United States in the latter half of 2025. In a March 19 interview with Bloomberg Crypto, he attributed this optimism to Ripple's recent legal victory against the SEC, which he believes has alleviated regulatory ...

Pakistan is reportedly taking steps toward establishing a legal framework for cryptocurrency trading, aiming to attract international investment and bring greater clarity to digital asset activities within its expanding crypto market. In an interview with Bloomberg, Bilal bin Saqib, CEO of the Pakistan Crypto Council, stated that Pakistan is determined ...

Kraken exchange is set to acquire NinjaTrader, a U.S. retail futures trading platform, in a deal worth about 1.5 billion. According to sources reported by The Wall Street Journal, an official announcement is expected on Thursday, March 20. The acquisition would enable Kraken to capitalize on NinjaTrader’s Futures Commission Merchant ...

Three senior executives from Trump Media & Technology Group have founded Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) registered in the Cayman Islands. The company plans to raise around $179 million to acquire businesses in cryptocurrency, blockchain, data security, and dual-use technology. A Forbes report notes ...

Garantex, a Russian crypto exchange sanctioned by the U.S. and the European Union, appears to have rebranded and resumed operations under a new name—Grinex. A recent report by Swiss blockchain analytics firm Global Ledger claims that Garantex secretly transferred its liquidity, user balances, and infrastructure to the newly established platform. ...