The founder of the Solana-based token launchpad Pump.fun, known as Alon, has called for stricter regulations for platforms that facilitate token launches following the controversial LIBRA memecoin incident. On February 18, he expressed frustration over what he termed...
The United Nations Development Programme (UNDP) is exploring the potential of cryptocurrency to enhance human development, particularly in promoting financial inclusion in unbanked areas. Kanni Wignaraja, the UN Assistant Secretary-General and Regional Director for Asia and the Pacific...
South Korea’s Financial Services Commission (FSC) is preparing to announce its decision on potential sanctions against Upbit, the country’s largest cryptocurrency exchange, following extensive customer identity verification regulations violations. According to The Korea Times, an investigation into Upbit’s...
Standard Chartered’s Hong Kong branch, crypto investment firm Animoca Brands, and telecommunications giant HKT have formed a joint venture to issue a stablecoin tied to the Hong Kong dollar. Announced on February 17, the collaboration aims to apply...
Scammers posing as Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a fraudulent cryptocurrency, exploiting the growing hype around celebrity-endorsed memecoins. The deceptive token, branded as the “Official” Saudi Arabia memecoin (KSA), was introduced on February 17...
Bundesbank President Joachim Nagel emphasized the necessity of a state-controlled digital euro to mitigate private sector influence in global finance. At an OMFIF event at the London School of Economics, he cautioned about the risks associated with Bitcoin...
Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. In a statement issued to traders, the exchange confirmed that AirDAO (AMB), Clover Finance (CLV),...
Decentralized lending platform Liquity has experienced significant outflows after warning users about its v2 stability pools. Over $17 million has been withdrawn in the past 24 hours as concerns grow over an undisclosed potential threat, according to data...
Authorities in Malaysia discovered an illegal Bitcoin mining operation in a residential home following an explosion and fire on February 13, according to local news outlet Malay Mail. Emergency responders were alerted to smoke and an explosion at...
New York State Senator James Sanders Jr. has introduced the New York State Cryptocurrency and Blockchain Study Act. The bill proposes forming a 17-member task force to evaluate the state's cryptocurrency and blockchain technology use. If passed, the...
