Kenya’s High Court has issued a landmark order requiring the global deletion of biometric data collected by Worldcoin following a recent crackdown on biometric data practices in Indonesia. The court’s decision comes after months of public concern over how Worldcoin and similar projects handle sensitive personal information, particularly in developing ...
TreasureDAO, a prominent gaming ecosystem, has announced it will shut down its Treasure Chain mainnet by May 30, 2025, less than five months after its launch. The Treasure Chain operated on ZKsync’s layer-2 scaling solution, designed to support gaming and NFT transactions with lower fees and faster speeds. The decision ...
Swiss National Bank (SNB) President Martin Schlegel publicly declared that cryptocurrencies, including Bitcoin, are unsuitable for inclusion in the country’s official reserve assets. At a financial conference, Schlegel emphasized that digital currencies' extreme price volatility and uncertain liquidity make them unreliable for safeguarding national monetary stability. “Cryptocurrencies are not currently ...
CoinPayments, a leading cryptocurrency payment gateway, has launched a redesigned platform to simplify digital currency transactions for businesses and individual users. The upgraded platform introduces a comprehensive suite of tools to reduce transaction costs, speed processing times, and improve the overall user experience. One of the standout enhancements is instant ...
CoolBitX has officially launched the CoolWallet Go, a new cold wallet designed to cater to beginner and seasoned cryptocurrency users. This wallet is ideal for new users transitioning from exchanges or hot wallets and experienced holders looking for a compact, secure daily-use backup. The CoolWallet Go features a sleek and ...
Starting in June 2025, South Korea's financial authorities will permit non-profit organizations and cryptocurrency exchanges to engage in unrestricted cryptocurrency trading. This regulatory update aims to enhance transparency and promote growth in the nation's digital asset sector. The Financial Services Commission (FSC) announced that registered non-profit entities and licensed exchanges ...
The Maldives government has taken a bold step toward economic diversification by signing a landmark agreement with Dubai-based MBS Global Investments to build a $9 billion crypto and blockchain hub in Malé, the nation’s capital. The initiative aims to transform the Maldives from a tourism and fisheries-dependent economy into a ...
Movement Labs has suspended its co-founder, Rushi Manche, amid an ongoing investigation into a market manipulation scandal involving one of its former market makers. This announcement came on May 2, 2025, as the company works with Groom Lake, a third-party firm, to thoroughly investigate the incident. The controversy centres on ...
The UK government has released a draft version of its much-anticipated legislation to bring cryptoasset activities under financial regulation, taking another step toward formal sector oversight. The proposal, which amends the Financial Services and Markets Act 2000 (Regulated Activities) Order (RAO), is now open for technical review. While the draft ...
Haedal Protocol, a liquid staking platform built on the Sui blockchain, surged by as much as 50% on May 2, 2025, ahead of its scheduled listing on South Korea’s major crypto exchange, Bithumb. During Asia's morning trading, the HAEDAL token rallied to an intraday high of $0.174, marking a dramatic ...
