Binance is preparing to re-establish its presence in the Philippines after the country's Securities and Exchange Commission (SEC) approved BlockShoals Technologies Inc. to begin testing crypto-related financial products and services under its regulatory sandbox. Co-founder and Chief Customer...
The European Union's transition period under the Markets in Crypto-Assets (MiCA) regulation has officially ended, with 244 crypto-asset service providers (CASPs) authorized to operate across the European Economic Area (EEA). According to the latest figures, 20 e-money token...
Crypto projects lost $75.87 million to major security breaches in June, with 40 significant hacks recorded during the month, according to blockchain security firm PeckShield. While losses declined from $81.7 million in May, attackers continued to target bridges,...
Circle Chief Executive Jeremy Allaire has defended USDC's long-term position, arguing that stablecoin success is built over years through liquidity, regulatory approvals, and everyday use rather than lower fees or short-term incentives. Allaire shared his views after members...
Cyper has announced a partnership with SportixAI, a deal that will combine AI-powered sports data with Cyper's privacy-focused Web3 platform. The companies said they plan to work on integration that connects SportixAI's real-time sports intelligence with Cyper's...
Citigroup has lowered its 12-month price forecasts for Bitcoin and Ether, citing weaker investor demand, slowing exchange-traded fund (ETF) inflows, and delays in U.S. crypto legislation. The bank cut its Bitcoin target to $82,000 from $112,000 and reduced...
Backpack has expanded its regulatory footprint in Europe after receiving both a Markets in Crypto-Assets (MiCA) license and a Payment Institution license from the Bank of Latvia, allowing the company to offer a broader range of services across...
Edel has paused its V1 lending platform after an attacker exploited a pricing flaw that left the protocol with about $403,000 in bad debt. The team said user deposits will not be affected and pledged to restore all...
Chinese technology company Meituan has introduced LongCat-2.0, a new large language model that it says was trained entirely on Chinese-made AI chips. The company described it as the world's first trillion-parameter AI system built and operated on a...
Taiko has restored its network and confirmed that no user funds were lost after a recent security incident that forced the Ethereum layer-2 network to suspend part of its bridge infrastructure. The project said its recovery process is...
