Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Trump’s World Liberty to Launch a Stablecoin
Reading Time: < 1 minutePresident Donald Trump’s crypto initiative, World Liberty Financial, announced plans to launch a stablecoin that can be redeemed one-for-one with the dollar.
Bitso Plans to Issue a Stablecoin Pegged to Mexican Peso
Reading Time: < 1 minuteBitso Business, a branch of Mexico’s crypto exchange Bitso, plans to launch a stablecoin linked to the Mexican peso on the Ethereum layer-2 network Arbitrum.
Fidelity to Launch a Dollar-Pegged Stablecoin
Reading Time: < 1 minuteFidelity Investments is reportedly on the verge of launching a stablecoin pegged to the US dollar, marking a significant milestone in its expansion into digital assets.
SEC Concludes its Investigation into Immutable With No Findings
Reading Time: < 1 minuteAustralian Web3 gaming company Immutable announced that it will not face action from the US Securities and Exchange Commission (SEC).
GameStop’s Board Approves Bitcoin Purchases
Reading Time: < 1 minuteGameStop announced on Tuesday that its board has unanimously approved a plan to purchase Bitcoin using its corporate cash, following a strategy made popular by MicroStrategy.
Nubank Adds ADA, NEAR and ATOM to its Crypto Offerings
Reading Time: < 1 minuteNubank has expanded its crypto offerings by adding four altcoins: Cardano, Near Protocol, Cosmos, and Algorand, to its portfolio for 100 million clients in Brazil.
Mt. Gox Transfers $1B in Bitcoins
Reading Time: < 1 minuteOn-chain data from Arkham Intelligence revealed that the bankrupt crypto exchange Mt. Gox transferred 11,501.4 Bitcoin (about $1 billion) on March 25.
Circle Launches its Stablecoin USDC in Japan
Reading Time: < 1 minuteCircle, a leading global financial technology company and stablecoin market leader, has announced its strengthened commitment to Japan.
Whale Acquires $200M in Bitcoin
Reading Time: < 1 minuteBitcoin whales have notably increased their holdings in the last 24 hours, according to on-chain data.
Fidelity to Launch the Fidelity Treasury Digital Fund
Reading Time: < 1 minuteFidelity Investments has submitted a filing with the US Securities and Exchange Commission (SEC) to introduce the Fidelity Treasury Digital Fund.
Coinbase Legal Chief Criticizes US Treasury for Attempting to Dismiss Tornado Cash Suit
Reading Time: < 1 minuteCoinbase’s Chief Legal Officer, Paul Grewal, criticized the US Treasury for attempting to dismiss the Tornado Cash lawsuit by labeling the case as moot.
US Treasury Drops Case Against Tornado Cash
Reading Time: < 1 minuteThe US Treasury Department announced that a final court judgment is unnecessary in the lawsuit concerning its sanctions on Tornado Cash, as the crypto mixer has been removed from the sanctions list.
SEC Clarifies Proof-of-Work Mining Does Not Violate Securities Laws
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) clarified on Thursday that Proof-of-Work (PoW) cryptocurrency mining activities will not be subject to existing securities laws.
Australia Introduces a New Crypto Regulatory Framework
Reading Time: < 1 minuteThe Australian government has introduced a regulatory framework for digital assets.
Coinbase Becomes Ethereum’s Largest Node Operator
Reading Time: < 1 minuteCrypto exchange Coinbase has become the largest node operator on the Ethereum network, managing 11.42% of the total staked Ether.
Pakistan to Legalize Cryptocurrencies
Reading Time: < 1 minutePakistan is considering legalizing cryptocurrency to draw international investments.
Kraken About to Close Deal to Offer Crypto Futures in US
Reading Time: < 1 minuteKraken is close to finalizing a $1.5 billion acquisition of the US futures trading platform NinjaTrader.
BlackRock Believes US Recession May Help Bitcoin Grow
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes Bitcoin has the potential to thrive in a recessionary macro environment, contrary to some analysts’ opinions.
Xapo Bank Launches Bitcoin-Backed Loans
Reading Time: < 1 minuteXapo Bank, based in Gibraltar, has introduced Bitcoin-backed loans, allowing consumers to access USD funds without selling their assets.
Coinbase Report Unveils 83% of Institutions Will Expand Crypto Allocations
Reading Time: < 1 minuteOver 80% of institutional investors surveyed plan to increase their crypto allocations by 2025.
Minnesota Senator Puts Forward a Bitcoin Act
Reading Time: < 1 minuteMinnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act after revising his stance on Bitcoin.
Ripple Labs Files Trademark Application to Offer Custody Services
Reading Time: < 1 minuteRipple Labs has filed a trademark application for “Ripple Custody,” detailing financial services focused on the storage and management of crypto assets to meet financial management needs.
Hashdex Files to Add Altcoins to Crypto Index ETF
Reading Time: < 1 minuteHashdex is seeking SEC approval to expand its Nasdaq Crypto Index US ETF to include XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), as per a recent amendment.
Outflows from Crypto ETPs Reach $1.7B
Reading Time: < 1 minuteCryptocurrency exchange-traded products (ETPs) experienced significant selling last week, marking the fifth consecutive week of outflows, totaling $1.7 billion exiting the market.
Crypto Platform Debiex Ordered to Pay $2.5M to CFTC in Fraud Case
Reading Time: < 1 minuteA US federal judge has ordered Debiex to return approximately $2.26 million to its customers, which the platform allegedly took through romance scams.
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