EU Pushes for Euro Stablecoins as France Signals Policy Shift
Reuters reports that French Finance Minister Roland Lescure said on Friday that the European Union (EU) needs more stablecoins issued in euros and that banks around the EU should look…
Kraken’s Parent Firm Payward All Set to Acquire Bitnomial for $550M
The parent company of Kraken, Payward, has entered into an agreement to purchase Bitnomial, a platform for digital asset derivatives, for up to $550 million. The deal, which includes both…
US Government Moves $606K in Bitcoin Linked to Bitfinex Hack
With the transfer of around $606,000 in bitcoin to Coinbase Prime, the United States government has resumed its blockchain activity. Data monitored by Arkham indicates that the 8 BTC that…
OKX’s Star Xu Slams Binance’s CZ as Feud Explodes Over Old Allegations
In a series of postings on X that address claims going back more than a decade, OKX founder Star Xu called Binance founder Changpeng “CZ” Zhao a “habitual liar,” reigniting…
Binance Offers UAE Staff Relocation Amid Middle East Tensions
Binance informed a leading publication on Friday that, due to regional concerns, it gave its UAE personnel the choice to temporarily move to Tokyo, Kuala Lumpur, Bangkok or Hong Kong.…
US CPI Surges 0.9%, Bitcoin Gains on Mixed Inflation Signals
Rising oil prices associated with the war in the Middle East were the primary driver of the anticipated acceleration in U.S. inflation last month. However, there was a negative surprise…
Bitcoin Holds Above $72K as CPI Data Looms, Volatility Breakout Near
Bitcoin (BTC) showed optimistic signs on Friday, continuing on the recent gains in the last few days amid the ceasefire between the U.S.-Israel and Iran. The price managed to hold…
Trump-Linked WLFI Faces Scrutiny Over Dolomite Transactions
Concerns over insider access, circular token economics, and concentrated risk to other depositors have been raised by a series of transactions completed by World Liberty Financial, the crypto venture co-founded…
Hong Kong Grants First Stablecoin Licenses Under Strict Rules
The first two stablecoin issuer licenses were issued by Hong Kong on Friday to HSBC and Anchorpoint Financial, a joint venture led by Standard Chartered that includes Animoca Brands. As…
Bhutan’s Bitcoin Sell-Off Continues as $22M Exit Deepens Spree
Bhutan’s Bitcoin Hoard Melts as $22M Exit Fuels Sell-Off Thursday saw additional Bitcoin leaving Bhutan’s sovereign-linked wallet, continuing the country’s months-long selling spree and severely depleting its formerly sizable BTC…