Justin Sun Sues Trump-Backed WLFI Over Token Freeze Dispute
Justin Sun, founder of Tron, claims that he took World Liberty Financial to court when they threatened to freeze and destroy his tokens without giving him a reason. World Liberty…
Newly Appointed Bank of Korea Governor Backs CBDC Push
Central bank digital currencies (CBDCs) and tokenized deposits were endorsed by the newly appointed governor of the Bank of Korea, Hyun-Song Shin, in his first public speech. The second phase…
Strategy Surpasses BlackRock’s IBIT in Bitcoin Holdings
It hasn’t happened since Q2 2024, but Strategy (MSTR) currently has more bitcoin than BlackRock’s iShares Bitcoin Trust (IBIT). The biggest publicly listed Bitcoin holder in the world has revealed…
Survey Shows 80% of Japan Institutions Favor Crypto Allocation
Almost 80% of Japan’s institutional investors want to include crypto within the next three years, indicating a change from cautious curiosity to active portfolio planning, according to a poll conducted…
Philippines SEC Flags dYdX and 6 Crypto Platforms in Investor Warning
A public investor alert warning has been issued by the Philippine Securities and Exchange Commission (SEC) to caution Filipinos against investing in dYdX and six other cryptocurrency trading platforms. The…
Crypto Scam Targets Ships Near Hormuz Strait
Shipping firms have allegedly received communications from scammers claiming to be from the Iranian government, requesting payment in crypto to ensure the safe passage of their vessels that are stuck…
Crypto ETPs Weekly Inflows Hit $1.4B Amid Rising Investor Demand
Optimism over a possible end to the conflict and a recent burst in Bitcoin’s price drove investor enthusiasm, leading cryptocurrency investment products to record another week of robust inflows. According…
Strategy Tops 800K BTC After $2.5B Bitcoin Buying Spree
The recent acquisitions made by Michael Saylor’s Strategy, the biggest public Bitcoin holder in the world, have propelled the firm’s total holdings above 800,000 BTC. On Monday, Strategy filed an…
Coinbase Launches Crypto-Backed USDC Loans in UK
Users in the UK may now borrow USDC against Bitcoin, Ether, and Coinbase Wrapped Staked Ether (cbETH) via the cryptocurrency exchange Coinbase’s new crypto-backed USDC loans. Morpho, a lending protocol…
BIS Warns Stablecoins Pose Risks to Financial Stability, Urges Regulation
Pablo Hernández de Cos, general manager of the Bank for International Settlements (BIS), issued a warning on Monday that tokens denominated in US dollars could have “material consequences” for financial…