A recent 30,098 ETH deposit valued at approximately $56 million into the decentralized finance (DeFi) protocol Sky has sparked speculation about the Ethereum Foundation’s (EF) involvement. However, Ethereum developers and industry figures have rejected the claims, asserting that the...
Clearstream, the central securities depository of Deutsche Börse Group, is preparing to launch cryptocurrency custody and settlement services for institutional clients starting in April, according to a Bloomberg report citing company executives. The move marks a significant step for...
The California Department of Financial Protection and Innovation (DFPI) has joined forces with the California Department of Justice (DOJ) to combat cryptocurrency scams, successfully shutting down more than 26 fraudulent websites and uncovering $4.6 million in consumer losses. ...
Meteora co-founder Ben Chow’s X account was reportedly hacked on March 11, leading to a now-deleted post that reignited controversy surrounding the launch of multiple memecoins, including Libra (LIBRA), Melania Meme (MELANIA), and Official Trump (TRUMP). This ongoing scandal...
South Korea is gearing up to launch a large-scale real-world test of its central bank digital currency (CBDC) this March, involving 100,000 consumers and seven major banks. According to local reports, the pilot will feature financial giants such as...
Defunct cryptocurrency exchange Mt. Gox has transferred nearly $1 billion in Bitcoin (BTC) during its second large-scale transaction within a week, coinciding with a significant drop in Bitcoin’s price to a four-month low on March 11. According to blockchain...
European Union finance officials are concerned that U.S. President Donald Trump’s favourable stance on cryptocurrencies, particularly dollar-backed stablecoins, could threaten Europe’s financial stability and monetary sovereignty. Pierre Gramegna, managing director of the European Stability Mechanism, raised concerns during a...
United States Senator Bill Hagerty introduced an updated version of the GENIUS Act before a Senate Banking Committee vote scheduled for March 13. The revised bill aims to strengthen regulatory standards for stablecoin issuers, enhancing consumer protections, reserve requirements,...
Singapore Exchange (SGX), the region’s leading asset exchange, is gearing up to launch Bitcoin perpetual futures contracts in the latter half of 2025, marking a significant expansion into the crypto derivatives market. An SGX spokesperson confirmed the development in...
World Liberty Financial (WLFI) has seen its portfolio plummet by $110 million in unrealized losses, according to blockchain analytics firm Arkham Intelligence. WLFI’s initial investment of $336 million across nine cryptocurrencies has now dropped to approximately $226 million, with...
