Author: Chris Smith
Australia Strengthens Crypto ATM Regulations to Combat Fraud
Reading Time: < 1 minuteIn response to a surge in scams, Australia’s financial intelligence agency, AUSTRAC, has imposed new operational requirements for cryptocurrency ATMs.
Crypto ETPs Log $286M Inflows
Reading Time: < 1 minuteCrypto investment funds notched another week of inflows despite Bitcoin’s slump, with $286 million pouring into digital asset ETPs in the week ending May 30.
What Are ASIC Miners?
Reading Time: 2 minutesAn ASIC miner, or Application-Specific Integrated Circuit miner, is a specialized piece of hardware used for cryptocurrency mining.
Saylor’s Latest Bitcoin Signal Could Shake Markets
Reading Time: < 1 minuteMichael Saylor has dropped his clearest hint yet about MicroStrategy’s next Bitcoin purchase, potentially marking the eighth straight week of the company’s aggressive accumulation strategy.
Zuckerberg Likely Behind Meta’s Rejection of Bitcoin Treasury Plan
Reading Time: < 1 minuteMeta shareholders overwhelmingly shot down a proposal to assess Bitcoin as a treasury asset, with just 0.08% in favor.
Panama City Mayor Suggests Bitcoin Payments for Expedited Panama Canal Access
Reading Time: < 1 minutePanama City Mayor Mayer Mizrachi has proposed allowing cargo ships to pay in Bitcoin for priority transit through the Panama Canal.
What is DeFi?
Reading Time: 3 minutesDecentralized Finance, commonly known as DeFi, is a fast-growing sector in the financial industry that leverages blockchain technology to provide a new form of financial services
Santander Explores Stablecoin Launch and Retail Crypto Services
Reading Time: < 1 minuteBanco Santander SA is reportedly considering the introduction of a stablecoin and expanded cryptocurrency services for retail customers.
SEC Abandons Legal Fight Against Binance Amid Shifting Crypto Enforcement
Reading Time: < 1 minuteIn a significant reversal, the SEC has agreed to drop its high-profile lawsuit against Binance, raising questions about the agency’s approach to crypto regulation.
Metaplanet’s Bitcoin Buying Spree Continues with $21M Bond Offering
Reading Time: < 1 minuteJapanese investment firm Metaplanet has secured another $21 million for Bitcoin acquisition through zero-interest bonds.
Labor Department Reverses Biden’s Anti-Crypto 401(k) Policy
Reading Time: < 1 minuteIn a win for crypto advocates, the US Labor Department has scrapped Biden-era restrictions that discouraged digital assets in 401(k) plans.
Federal Court Freezes $57.65M in USDC Amid LIBRA Fraud Lawsuit
Reading Time: < 1 minuteThe US District Court for the Southern District of New York (SDNY) has issued a temporary restraining order freezing approximately $57.65 million in USDC stablecoins linked to the alleged LIBRA memecoin fraud.
What is a Mining Pool?
Reading Time: 3 minutesMining pools have become an integral part of the cryptocurrency landscape, playing a crucial role in the process of creating new digital coins.
Square to Implement Lightning Network Bitcoin Payments by 2026
Reading Time: < 1 minuteJack Dorsey’s Block has unveiled plans to bring Lightning Network-powered Bitcoin payments to Square’s merchant platform.
Nasdaq Advances 21Shares’ Sui ETF Bid with SEC Filing
Reading Time: < 1 minuteNasdaq has taken a key step toward launching a spot Sui ETF by submitting a 19b-4 filing on behalf of crypto asset manager 21Shares.
Thailand to Permit Crypto Payments for Tourists, Plans Regulatory Overhaul
Reading Time: < 1 minuteThailand is set to allow tourists to spend cryptocurrency through credit card-linked platforms as part of a wider push to modernize its financial system and adopt digital assets.
Dubai’s Regulators Greenlight Groundbreaking Tokenized Real Estate Project
Reading Time: < 1 minuteDubai’s Virtual Assets Regulatory Authority (VARA) and the Dubai Land Department (DLD) have jointly launched the MENA region’s first licensed tokenized real estate initiative.
SEC’s Evolving Stance on Crypto Staking Leaves Industry Seeking Clarity
Reading Time: < 1 minuteThe cryptocurrency sector is intensifying calls for the SEC to define its regulatory approach to staking, as ongoing ambiguity creates challenges for Web3 infrastructure providers.
Spanish Bank to Offer Crypto Services
Reading Time: < 1 minuteSpanish bank Cecabank and crypto exchange Bit2Me are set to offer a crypto service for banks, pending approval from the Spanish securities regulator.
Pakistan Offers 2,000MW Power and Tax Breaks for Crypto & AI Firms
Reading Time: < 1 minuteIn a bid to position itself as a hub for digital innovation, Pakistan has allocated 2,000MW of excess electricity for Bitcoin mining and AI data centers, alongside new tax incentives.
Shareholders Sue Coinbase Over Data Breach Stock Plunge
Reading Time: < 1 minuteCoinbase investors are seeking damages in a new class-action lawsuit, accusing the crypto exchange of failing to timely disclose a data breach and an alleged UK regulatory violation, which triggered a stock price drop.
Major US Banks Consider Joint Stablecoin Venture
Reading Time: < 1 minuteSeveral leading US banks are in early discussions about collaborating to issue a shared stablecoin, according to a Wall Street Journal report on Thursday.
SEC Takes First Step Toward Potential Staked Tron ETF
Reading Time: < 1 minuteThe SEC has acknowledged Canary Capital’s filing for a staked Tron (TRX) ETF, marking an early milestone in the fund’s approval process.
Kraken Eyes Global Market with Tokenized US Stocks for Non-US Traders
Reading Time: < 1 minutePartnering with Backed, Kraken will issue stock-backed tokens on Solana, chosen for its high performance and global adoption.
Texas Advances Bitcoin Reserve Bill
Reading Time: < 1 minuteTexas is poised to become the third state to establish a strategic Bitcoin reserve, according to Lee Bratcher, founder and president of the Texas Blockchain Council.
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