The UK Insolvency Service has taken a significant step in modernizing its approach to asset recovery by appointing its first cryptocurrency intelligence specialist. This move comes as digital assets, such as Bitcoin and Ethereum, become increasingly prevalent in bankruptcy...
Société Générale-Forge (SG-Forge), the crypto division of French banking giant Société Générale, has unveiled a new stablecoin pegged to the U.S. dollar, marking its latest foray into the digital asset space. The stablecoin, named USD CoinVertible (USDCV), will be...
BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) in history to surpass $70 billion in assets under management (AUM), according to data cited by Bloomberg ETF analyst Eric Balchunas. The milestone was reached in just...
The conversation around artificial intelligence is intensifying across the crypto space, with AI discussions now overshadowing crypto itself in online forums, according to blockchain analytics firm Santiment. In a post shared on June 9, Santiment revealed that from May...
Five individuals have pleaded guilty to their roles in a sprawling $36.9 million cryptocurrency fraud scheme that defrauded U.S. citizens and funneled the stolen funds to a scam hub in Cambodia, according to the U.S. Attorney’s Office for the...
South Korea’s ruling Democratic Party has introduced a groundbreaking bill to legalize the issuance of stablecoins by local companies, marking a major step forward for the country’s digital asset sector. The Digital Asset Basic Act, unveiled just days after...
Cardano has introduced Cardinal, its first decentralized finance (DeFi) protocol tailored for Bitcoin users. Announced by Cardano founder Charles Hoskinson on June 9 via X, Cardinal was developed by Input Output, the team behind Cardano’s research and development. 🧵1/...
Synaptogenix is making a bold strategic shift, pivoting from its biotech roots to embrace the convergence of artificial intelligence and blockchain. The company announced plans to acquire up to $100 million worth of Bittensor’s TAO, currently the leading AI-focused...
Lagrange ($LA) emerged as a top-performing digital asset, surging 8.7% following its official listing on Bybit. The rally was fueled by strong momentum around its debut and a major promotional incentive — a 2.5 million $LA prize pool aimed...
Circle has received a $50 million investment from Japan’s financial powerhouse, SBI Holdings and its banking subsidiary, SBI Shinsei. This move marks a significant step in Circle’s strategy to expand USDC’s presence in Asia, signalling growing institutional confidence in...
