Quick Breakdown QCP Trading has secured a full MPI license from MAS to provide institutional crypto trading services. The firm plans to expand hiring in Singapore after growing its team by 40% in the past year. Singapore’s strict...
Quick Breakdown 21Shares has filed with the SEC to launch a SEI ETF, with Coinbase Custody as the asset custodian. Canary Capital made a similar filing in April, seeking to offer staked SEI exposure with passive income potential....
Quick Breakdown M0 and Rain raised nearly $100M to expand programmable stablecoin infrastructure. M0 builds custom stablecoins, while Rain enables banks to issue regulated tokens and manage cross-border payrolls. Global pilots in Kazakhstan, India, and TradeOS highlight the...
Quick Breakdown $312 billion laundered through US banks between 2020–2024 by Chinese money laundering groups. Networks partnered with Mexico’s drug cartels, exploiting US banks to clean cartel cash. Real estate fraud, human trafficking, and healthcare scams tied to...
Quick Breakdown Solana Policy Institute pledged $500K to Tornado Cash developers’ legal defense. Over $5.5M has been raised by the crypto community, with major contributions from Ethereum Foundation, Vitalik Buterin, and Paradigm. Legal experts warn of a chilling...
Quick Breakdown CFTC Policy Update: Offshore crypto exchanges can now register under the FBOT framework to legally serve U.S. clients. Market Impact: The change could boost liquidity and integrate American traders into global crypto markets. Political Backing: The...
Quick Breakdown IREN posts record $187.3M in quarterly revenue, swinging back to profitability with $176.9M net income. Stock surges nearly 14% in after-hours trading after full-year revenue hit $501M. The company accelerates AI expansion as a “Preferred Partner”...
Quick Breakdown: aPriori raised $20M led by Pantera and HashKey to expand its onchain high-frequency trading infrastructure. The platform targets DeFi inefficiencies, including MEV leakage, wide spreads, and toxic order flow. Institutional interest in DeFi is growing, with...
The United States Treasury Department has imposed sanctions on two individuals and two companies accused of laundering stolen cryptocurrency to bankroll North Korea’s weapons development efforts. The move, announced on August 27, underscores Washington’s escalating efforts to dismantle...
Quick Breakdown Ransomware at scale: Hackers used Claude to steal data and demand up to $500,000 in Bitcoin. North Korea angle: IT operatives leveraged Claude to fake résumés and infiltrate U.S. tech firms. Bigger picture: AI tools are...
