Tagged: cryptocurrency

May 15, 2025 @ 7:51 am By Omar Faridi  |  

BitPay, the cryptocurrency payment processor, announced the launch of HODL Pay, a payment option that empowers consumers and merchants. HODL Pay connects the decentralized finance (DeFi) ecosystem with everyday commerce, “enabling users to borrow stablecoins from DeFi against their crypto holdings and seamlessly pay any… Read More

May 12, 2025 @ 9:18 am By Tony Zerucha  |  

AR.IO, a permanent cloud network built on the Arweave blockchain, has launched new fiat capability for purchases of its leading domain name service, ArNS, which offers access to Web3 applications and permanent website hosting. Traditional domain name platforms require ongoing subscription renewals and rely on… Read More

May 10, 2025 @ 12:22 pm By Michael Wong  |  

Cryptocurrency exchange HTX and TRON founder Justin Sun have launched the Mars Program: Special Edition, a $6 million campaign offering one user a fully funded space voyage, Business News Asia reported. The campaign, which runs from May 7 to May 13 (UTC), invites all HTX… Read More

May 6, 2025 @ 7:41 am By Omar Faridi  |  

As of April 2025, governments worldwide hold 463,741 BTC, roughly 2.3% of Bitcoin’s total supply, valued at approximately $42.9 billion, according to CoinGecko’s research. This figure reflects a decline from 529,591 BTC in July 2024, underscoring the dynamic nature of government involvement in cryptocurrencies. Meanwhile,… Read More

April 30, 2025 @ 8:39 am By Omar Faridi  |  

The European Crypto Initiative (EUCI) has ushered in a transformative phase for cryptocurrency regulation with the release of The AML Handbook: A Guide for Crypto Activities. This comprehensive guide introduces 13 pivotal compliance pillars that crypto-asset service providers (CASPs) must adopt to align with the… Read More

April 27, 2025 @ 9:37 pm By Michael Wong  |  

Nasdaq is calling on U.S. regulators to establish clearer rules for digital assets by defining them into four distinct categories, a move the exchange operator said would help determine the proper oversight responsibilities between federal agencies. In a 23-page letter sent to the Securities and… Read More

April 25, 2025 @ 5:37 am By Michael Wong  |  

Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline trading operations, according to an announcement. Fund Accounts mirror traditional finance account structures, allowing managers to consolidate… Read More

April 24, 2025 @ 11:17 am By Omar Faridi  |  

Chainalysis has noted that on April 7, 2025, Deputy Attorney General Todd Blanche issued a pivotal memorandum, now widely known as the “Blanche Memo,” marking a significant shift in the U.S. Department of Justice’s (DOJ) approach to digital asset enforcement. This directive signals the end… Read More

March 30, 2025 @ 6:11 pm By Michael Wong  |  

Panama has introduced a draft bill to regulate cryptocurrencies and establish a legal framework for blockchain-based services, aiming to position itself as a fintech leader in Latin America. The proposed legislation recognizes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoins as valid payment methods… Read More

March 26, 2025 @ 4:09 pm By Omar Faridi  |  

Nubank Crypto, part of Nubank (NYSE: NU), announced that clients will have access to new coins. The tokens Cardano (ADA), NEAR Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) will “complement Nubank’s crypto investment portfolio, which already includes 16 other options such as Bitcoin, Ether,… Read More

March 22, 2025 @ 5:23 pm By Omar Faridi  |  

Pakistan’s recent decision to “legalize” cryptocurrency transactions and investments marks a pivot from its historically cautious stance on digital assets. However, it is unclear just how the country will implement a proper regulatory framework for Bitcoin (BTC) and other digital currencies. Over the years, Pakistan… Read More

March 16, 2025 @ 11:59 pm By Michael Wong  |  

Global Client Advisory Group (GCAG) announced that its affiliate, Renatus Tactical Acquisition Corp I (RTAC-I), has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), seeking to raise $175 million. RTAC-I, a newly formed special purpose acquisition company (SPAC),… Read More

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

March 12, 2025 @ 9:24 am By Tony Zerucha  |  

While the cryptocurrency industry is experiencing growing pains (with many self-induced), Flipster head of product Youngsun Shin said that is expected for a new sector. However, he does have solutions for many of its problems. Flipster is a cryptocurrency trading platform that offers high-speed, secure,… Read More

February 23, 2025 @ 5:22 pm By Michael Wong  |  

Vietnam’s Ministry of Finance (MoF) has opposed a proposal by the Ministry of Planning and Investment (MPI) to allow cryptocurrency and digital asset transactions in financial centers starting July 1, 2026, citing the need for further research and regulatory development. The MoF’s stance was outlined… Read More

February 14, 2025 @ 11:43 pm By Tony Zerucha  |  

Hashdex, a global crypto-focused asset manager, and Nasdaq Global Indexes this week announced the launch of the Hashdex Nasdaq Crypto Index US ETF, a multi-asset spot crypto exchange-traded product available to U.S. investors. The product, now trading on the Nasdaq Stock Market under ticker NCIQ, offers… Read More

December 21, 2024 @ 2:58 pm By Michael Wong  |  

Crypto derivatives platform Binance Futures has introduced the CGPT/USDT Perpetual Contract, highlighting the rising prominence of AI-focused cryptocurrencies in the digital asset landscape. The new offering allows traders to leverage ChainGPT token (CGPT) transactions up to 75x, with USDT as the settlement currency, adding to… Read More

December 21, 2024 @ 6:56 am By Michael Wong  |  

Cybercriminal activity on the dark web surged in 2024, with significant growth in discussions around crypto-drainer malware and advertisements for corporate database breaches, according to Kaspersky’s latest Security Bulletin. The report highlights an evolving cyber threat landscape, with increased interest in malware targeting cryptocurrency wallets… Read More

December 18, 2024 @ 11:13 am By Tony Zerucha  |  

The following is commentary from Michal “Mehow” Pospieszalski, CEO of MatterFi. MatterFi is a security-focused, foundational layer for financial services to build into the crypto ecosystem, giving those organizations access to all the key services they will need to enable them to quickly build compliant,… Read More

December 1, 2024 @ 6:22 pm By Michael Wong  |  

South Korea’s main opposition Democratic Party of Korea (DPK) agreed on Sunday to postpone the implementation of a controversial cryptocurrency tax by two years, responding to mounting investor backlash and political pressure. The decision mirrors the party’s move a month earlier to scrap a planned… Read More