Thomas Smith, the former Chief Technology Officer of the now-defunct cryptocurrency firm SafeMoon, has pleaded guilty to charges of securities fraud conspiracy and wire fraud conspiracy in connection with a multimillion-dollar scheme that allegedly defrauded investors out of...
Canary Capital’s proposed spot Litecoin ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker LTCC, marking a significant step toward its potential launch. The listing, which appeared on the DTCC late Thursday,...
Utah is on the verge of making history as the first U.S. state to hold Bitcoin as a reserve asset. The state’s proposed “Blockchain and Digital Innovation Amendments” (HB230) bill successfully passed the Senate Revenue and Taxation Committee...
Ho Kai Xin, a former payroll manager at Bybit, has been reportedly sentenced to nine years and 11 months in prison for embezzling approximately $4.2 million from the exchange’s coffers. According to The Straits Times, the 32-year-old Singaporean...
Ethereum co-founder Vitalik Buterin has expressed concerns over what he describes as a “moral reversal” within the cryptocurrency industry, particularly in response to criticism of Ethereum’s stance on blockchain-based gambling. During a February 20 Ask Me Anything (AMA)...
The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal against a court ruling that blocked a proposed regulatory change aimed at decentralized finance (DeFi) protocols. On February 19, the SEC submitted a request to dismiss the...
Dubai-based fintech firm MANSA has closed a $10 million funding round, marking a significant milestone in its global mission to solve liquidity challenges for payment providers. According to a blog post on February 20, The investment, led by...
The Hong Kong Securities and Futures Commission (SFC) has introduced a comprehensive roadmap aimed at reinforcing the city's role as a global leader in cryptocurrency and virtual assets. Announced on February 19, the ASPIRe initiative seeks to modernize...
Aleš Michl, governor of the Czech National Bank (CNB), has called on financial institutions to study Bitcoin's underlying technology rather than fear it. In a February 19 post on X, Michl emphasized that Bitcoin should not be grouped...
Hong Kong is accelerating its efforts to establish itself as a global Web3 and digital finance leader, and tokenization and stablecoins are at the core of its strategy. According to the South China Morning Post, Christopher Hui Ching-yu,...
