South Korea’s privacy regulator has fined crypto exchange Bithumb 210 million won ($136,000) after finding violations linked to the transfer of user data to overseas platforms. The decision was announced by the Personal Information Protection Commission (PIPC) following...
Animoca Brands has made an investment in stablecoin payment infrastructure provider AllScale, a move aimed at accelerating the use of stablecoins for global payments and supporting the rise of AI-powered commerce. The investment amount was not disclosed. However,...
Abracadabra has launched a series of emergency measures after its Magic Internet Money (MIM) stablecoin lost its dollar peg and plunged well below its intended $1 value. The decentralized finance protocol said it is taking immediate action to...
Cryptocurrency exchange CoinEx is facing renewed scrutiny following a Wall Street Journal report alleging that Iran-linked entities moved billions of dollars through the platform. According to the WSJ report, more than $3.84 billion in cryptocurrency connected to Iranian...
Ripple’s U.S. dollar-backed stablecoin, RLUSD, has officially launched in Japan following approval from the Japan Financial Services Agency (JFSA), marking a significant step in the company’s global stablecoin expansion strategy. The stablecoin is now available through SBI VC...
Crypto investigator ZachXBT has renewed criticism of MemeCore and several major cryptocurrency exchanges after the project's M token lost more than 74% of its value in a single day. The sharp sell-off saw M drop from nearly $3...
A Danish court has ruled that telecom operator TDC Net is entitled to compensation after being ordered to remove Huawei equipment from parts of its network, a decision that could draw attention from companies operating critical digital and...
Indonesia has introduced stricter rules for financial influencers who promote cryptocurrencies and other investment products, while South Korea has delayed the launch of new stock derivatives due to concerns over market volatility. The developments show a trend across...
CryptoQuant has cautioned that Michael Saylor’s Strategy may need to slow its aggressive Bitcoin acquisition strategy as mounting dividend obligations and declining cash reserves put pressure on the company’s financial position. The warning comes after Strategy’s STRC preferred...
Gate has expanded its crypto derivatives market with the launch of eight new tokenized stock perpetual futures contracts, giving traders additional exposure to major U.S. companies through its USDT-margined futures platform. The exchange announced that perpetual contracts linked...
