Blockchain & Digital Assets

August 18, 2025 @ 8:32 am By Omar Faridi  |  

The U.S. Supreme Court’s decision to uphold the IRS’s access to Coinbase (NASDAQ: COIN) user data without a warrant marks a pivotal moment for crypto. While technically a procedural case, it carries bigger implications: in an industry built on decentralization and individual autonomy, user privacy is… Read More

August 18, 2025 @ 8:25 am By Omar Faridi  |  

TaxBit noted that this past month, the Organization for Economic Co-operation and Development (OECD) released updated guidelines for its Crypto-Asset Reporting Framework (CARF), delivering clarifications for crypto / digital assets platforms navigating the global compliance environment. These updates address ambiguities in decentralized finance (DeFi), non-fungible… Read More

August 18, 2025 @ 2:49 am By Omar Faridi  |  

Norway’s Government Pension Fund Global, managed by Norges Bank Investment Management (NBIM), has made a notable move in the cryptocurrency market, increasing its exposure to bitcoin-related assets by an impressive 83% during the second quarter of 2025. This development, reported by Standard Chartered’s global head… Read More

August 18, 2025 @ 2:27 am By Omar Faridi  |  

Block, Inc. (NYSE: XYZ) unveiled Proto Rig, a modular bitcoin mining system, and Proto Fleet, an open-source fleet management software. The announcement, made during an event held at Proto customer Core Scientific’s facility in Dalton, GA, where Proto Rigs “are mining as part of their… Read More

August 17, 2025 @ 5:49 pm By Omar Faridi  |  

Citigroup (NYSE: C) is focused on positioning itself at the center of the digital assets adoption movement by exploring stablecoin custody and payment services. This move comes in response to a law passed by the U.S. Congress, which has unlocked new opportunities for cryptocurrencies, particularly… Read More

August 17, 2025 @ 4:23 pm By Omar Faridi  |  

Recently, cryptocurrency exchange Gemini took a significant step toward going public, with its S-1 registration statement shedding light on the company’s financial health, operational changes, and plans for a 2025 initial public offering (IPO). The filing, made public this past Friday, follows a confidential draft… Read More

August 17, 2025 @ 4:17 pm By Tony Zerucha  |  

Cyberscope, the Web3 security arm of TAC InfoSec Limited (NSE: TAC), a provider of cybersecurity and vulnerability management, has filed a patent for Cyberscope Cyberscan in the United States, an AI-optimized, multi-domain blockchain trust scoring and fraud detection platform. It is designed to give investors, exchanges, and regulators a real-time, verifiable trust score for every blockchain project, turning fragmented, manual… Read More

August 17, 2025 @ 4:15 pm By Tony Zerucha  |  

BitPay, a cryptocurrency payment processor, announced this week support for the Solana blockchain across its suite of products. Now with full support for Solana-based stablecoins such as USDC and USDT, users can acquire, store, manage, and spend Solana assets, while merchants gain access to one of the largest and most active crypto ecosystems…. Read More

August 17, 2025 @ 4:10 pm By Tony Zerucha  |  

DeAgentAI, an AI infrastructure project on the Sui blockchain, has received a strategic investment from Momentum, a decentralized exchange (DEX) in the Sui ecosystem. Through this partnership, the two will jointly build and explore AI-powered DeFi solutions. Momentum has established itself as the TVL leader… Read More

August 17, 2025 @ 4:05 pm By Michael Wong  |  

The US Department of the Treasury launched a public comment period seeking input on innovative technologies that financial institutions could use to detect illicit activity involving digital assets, including artificial intelligence and blockchain monitoring tools. The request fulfills requirements under the GENIUS Act, the stablecoin legislation… Read More

August 17, 2025 @ 2:11 pm By Omar Faridi  |  

In an evolving digital economy, Citigroup’s report, Citi Institute Executive Report: The Impact of X on the Future of Finance, offers a comprehensive exploration of how the social media platform X is reshaping the financial services industry. Released by the Citi Institute, the report delves… Read More

August 17, 2025 @ 2:09 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is focused on enhancing user experience and broaden its market presence with transformative updates planned for Q3 and Q4 of 2025. The company recently announced a roadmap to streamline account restriction processes and improve usability, alongside the acquisition of Deribit, the world’s crypto… Read More

August 16, 2025 @ 9:26 pm By Michael Wong  |  

Thailand will launch a program on Monday allowing foreign visitors to convert cryptocurrency into Thai baht for payments, as the government seeks to revive tourism following a decline in Chinese visitors. The “TouristDigiPay” initiative will be announced at a press conference led by Deputy Prime… Read More

August 16, 2025 @ 7:18 pm By Michael Wong  |  

Hong Kong’s central bank and securities regulator issued a joint warning against speculative trading driven by stablecoin licensing announcements and social media posts. The Hong Kong Monetary Authority and Securities and Futures Commission said they observed market movements linked to corporate announcements, news reports, and… Read More

August 16, 2025 @ 5:50 pm By Tony Zerucha  |  

This week, Wirex, a Web3 money app, announced that it is supporting EURC settlements through Visa’s stablecoin settlement pilot, marking a significant milestone in the evolution of blockchain-based payments in Europe. Following the successful completion of a testing phase, Wirex is now live with EURC… Read More

August 16, 2025 @ 5:15 pm By Omar Faridi  |  

In a significant step toward mainstream adoption of cryptocurrency-based investment products, Grayscale Investments has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin exchange-traded fund (ETF). The filing, announced on August 16, 2025, signals Grayscale’s aim… Read More

August 16, 2025 @ 4:46 pm By Tony Zerucha  |  

This week, Pi Squared, the team building Web3 infrastructure, announced its FastSet protocol has surpassed 100,000 transactions per second (TPS) with sub-100ms finality, setting a new standard for fast, verifiable, and decentralized settlement.. This performance was achieved on conventional hardware with 24-core CPUs and 256… Read More

August 16, 2025 @ 4:15 pm By Omar Faridi  |  

Circle Internet Group, Inc. (NYSE: CRCL), the issuer of the USDC stablecoin, announced the launch of Arc, an open Layer-1 blockchain designed specifically for stablecoin finance. This initiative marks a significant milestone in Circle’s mission to build a platform for the internet financial system, addressing… Read More

August 16, 2025 @ 3:33 pm By Omar Faridi  |  

European digital assets platform Bitpanda has officially entered the UK market, unveiling an offering of various cryptoassets for investors. This launch, announced on August 14, 2025, marks a significant milestone for the Vienna-based platform, which has already garnered a user base of over 7 million… Read More

August 16, 2025 @ 10:24 am By Tony Zerucha  |  

Bitcoin has surged to fresh record highs this week, trading above $123,000 and surpassing July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin… Read More