A senior Hong Kong regulator has cautioned that the city’s newly implemented stablecoin rules may be fueling fraud risks, as firms race to align themselves with the regime. According to an August 18 report by Chinese outlet Zhitongcaijing, Ye...
Japan’s Financial Services Agency (FSA) is set to approve the nation’s first yen-backed stablecoin, orchestrated by Tokyo-based fintech JPYC with investment from Circle, the global stablecoin leader behind USDC. The formal regulatory green light is expected to occur this...
The non-fungible token (NFT) market has lost more than $1.2 billion in value in under a week as Ether’s (ETH) recent rally showed signs of slowing, according to sector data. NFT Price Floor reports showed total NFT market capitalization...
KuCoin, a leading global cryptocurrency exchange, has announced the launch of its latest Spotlight token sale for AKEDO (AKE), a Web3 gaming platform that integrates artificial intelligence into blockchain gaming. Founded in 2024 and headquartered in Zug, Switzerland, AKEDO...
Digital asset investment products recorded $3.75 billion in inflows last week, the fourth-largest on record, pushing total assets under management (AuM) to an all-time high of $244 billion, according to new data from CoinShares. Ethereum dominated the surge, attracting...
Altcoins could be on the verge of a breakout as market dynamics increasingly point toward a shift away from Bitcoin, according to Coinbase. In its latest monthly outlook, released Thursday, Coinbase Institutional’s global head of research David Duong said...
Citigroup is gearing up to expand its presence in the digital asset market, targeting custody and payments solutions for stablecoins and cryptocurrency exchange-traded funds (ETFs) as part of its broader blockchain strategy. Speaking to Reuters, Biswarup Chatterjee, Citi’s global...
Investor funding in Web3 gaming bounced back sharply in July, hitting $60 million after three months of sluggish activity, according to blockchain analytics firm DappRadar. While March remains the strongest month for the sector this year with $69 million...
Ethereum could become the most lucrative macro investment of the next decade, according to market strategy and research firm Fundstrat, which projects the cryptocurrency could climb to $15,000 before the end of 2025. Thomas Lee, Fundstrat Capital’s chief information...
Ethereum Foundation co-Executive Director Hsiao-Wei Wang has dismissed speculation that the organization was behind a recent $12.8 million Ethereum (ETH) sale, following heightened on-chain scrutiny. In an X post, Wang clarified that the transactions—totaling 2,975 ETH across two separate...
