South Korea’s opposition leader, Lee Jae-myung, has proposed the creation of a stablecoin pegged to the Korean won, arguing it would help retain national wealth and reduce reliance on foreign digital currencies. Speaking at a recent policy forum, the...
The U.S. Senate has taken a significant step toward stablecoin regulation, advancing the long-debated Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act following a pivotal 66–32 vote on May 19. The procedural victory marks a dramatic turnaround...
Succinct, an AI startup, is making waves with the introduction of its PROVE token—an initiative aimed at transforming the way legal contracts are analyzed and verified. In a recent blog post, the company explained that the PROVE token is...
Canadian biotechnology firm Quantum Biopharma has added another $1 million worth of Bitcoin and other cryptocurrencies to its corporate treasury, bringing its total crypto holdings to approximately $4.5 million. The company revealed the purchase in a press release on...
Crypto lending firm Genesis Global Capital has filed two major lawsuits against its parent company, Digital Currency Group (DCG), and CEO Barry Silbert, accusing them of fraudulent transactions and financial misconduct that allegedly drained over $1 billion from Genesis...
The U.S. Department of Justice (DOJ) has launched an investigation into a data breach at Coinbase involving contracted customer service agents based in India, who allegedly accepted bribes to grant unauthorized access to sensitive user data. Bloomberg reported on...
Circle, the company behind the USDC stablecoin, remains committed to going public but is also reportedly in informal acquisition talks with Ripple and Coinbase, according to a report from Fortune. The potential sale, however, hinges on a hefty valuation—at...
Ethereum’s Vitalik Buterin has unveiled a proposal to protect the network's censorship-resistant nature as it continues to scale, emphasizing the need for more accessible personal node operation. In a blog post shared on Sunday, Buterin outlined a technical vision...
In a striking display of financial heft and stability, Tether has overtaken Germany in U.S. Treasury bill holdings, underscoring its dominant position in the digital asset ecosystem and its conservative approach to reserve management. According to the U.S. Department...
A new proposal to redefine Bitcoin’s smallest unit has sparked heated debate in the crypto community, with notable backing from Block Inc. CEO Jack Dorsey and pushback from key Bitcoin proponents. On May 18, Dorsey publicly endorsed a shift...
