Japan's Prime Minister, Shigeru Ishiba, has emphasized the importance of cryptocurrency and Web3 development in tackling economic and social challenges. According to local reports, He made this statement during a recent House of Representatives Budget Committee meeting, where he...
India is revisiting its cryptocurrency policy as global sentiment toward digital assets continues to evolve, with countries like the US adopting a more structured regulatory stance. According to Reuters, the Indian government is reassessing a discussion paper on cryptocurrencies...
Midnight Society, the gaming studio co-founded by YouTube streamer Guy Beahm ("Dr Disrespect"), has officially shut down, marking the end of its NFT-driven shooter, Deadrop. The studio announced its closure on January 30 via X, stating: "Today we are...
South Korea’s largest cryptocurrency exchange, Upbit, has officially added trading support for the Virtuals Protocol (VIRTUAL) token. The exchange confirmed in a recent announcement that VIRTUAL would go live for trading on its platform at 8:00 PM KST on...
Alvalanche DeFAI Agents (AVAXAI) has launched the first-ever Deepseek-powered decentralized AI (DeFAI) product on the Avalanche blockchain, signalling a major leap in integrating artificial intelligence and Web3 technologies. The platform provides an innovative solution integrating AI-driven decision-making, data analysis,...
Ethereum has significantly declined, falling below the critical support level of $3,000 to approximately $2,500. This drop marks one of the sharpest sell-offs the cryptocurrency has faced in recent years, according to Coinglass data. This downturn follows U.S. President...
Tether Holdings Limited, the issuer of the USDT stablecoin, has announced a record-breaking net profit of over $13 billion for 2024, according to its latest attestation report. Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S....
The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex. While the court dismissed charges related to organizing a criminal enterprise, it upheld his convictions...
Kraken has announced plans to delist five stablecoins, including Tether’s USDT, in response to the European Union’s Markets in Crypto-Assets Regulation (MiCA). The move is aimed at ensuring compliance with the new regulatory framework as the EU tightens oversight...
Kraken has reported a significant financial performance for 2024, with revenue surging to $1.5 billion, a 128% increase from the previous year. The company also recorded $380 million in adjusted EBITDA, reflecting its strong market position and operational efficiency....
