Ghana plans to officially license and regulate cryptocurrency platforms as part of new digital finance reforms. The Bank of Ghana will require crypto exchanges and wallet providers to register and comply with licensing, AML, and KYC rules. Draft legislation is expected by September 2025. This move aims to protect consumers, prevent illicit activity, and boost …
BingX has issued an official warning about a fraudulent token falsely claiming association with its platform. Although this fake token appears on CoinMarketCap, BingX confirms it is neither authorized nor issued by the company. CoinMarketCap marks the token as “not verified” and advises users to perform their own research. BingX urges all users to verify …
The XRP Ledger (XRPL) has been used to tokenize $130 million in Credit Rights Agreements (CRA), crucial financial instruments in Brazil’s agricultural sector. This tokenization was recorded on-chain using XRPL and its Ethereum-compatible EVM sidechain, showcasing Brazil’s expanding adoption of real-world asset (RWA) tokenization. The initiative highlights XRPL’s growing role in delivering transparent, blockchain-based financing …
Dogecoin (DOGE) experienced an 11% decline, falling from $0.26 to $0.24 during a volatile trading period marked by heightened institutional selling. Trading volumes surged past 2.26 billion tokens, reflecting increased market activity. Although DOGE briefly found support near $0.23, it was unable to surpass the $0.25 resistance level and closed close to the session’s lows. …
Congress has introduced a bill directing the VA Secretary to conduct a study on implementing blockchain technology within the Department of Veterans Affairs. The study aims to assess blockchain’s potential to improve efficiency, security, and transparency in benefits processing and records management. The VA will consult experts and veteran groups and report findings to Congress …
Tether has been recognized by U.S. authorities for freezing $1.6 million in USDT tied to wallets linked to BuyCash, a Gaza-based terrorist financing network. This action supports a wider U.S. DOJ case involving $2 million in digital assets used to fund designated terrorist groups. Over the past year, Tether has blocked more than $2.9 billion …
An anonymous investor moved 5 trillion Shiba Inu (SHIB) tokens, valued at around $70 million, from Coinbase Institutional to a newly created on-chain wallet. The tokens remain unmoved, suggesting a long-term hold that reduces immediate selling pressure. This transfer coincided with an 11% drop in SHIB’s price to $0.00001343 amid a broader crypto market downturn. …
Horizen, supported by Digital Currency Group (DCG), has officially migrated its native ZEN token from its original Layer 1 blockchain to the Base blockchain, adopting the ERC-20 token standard. This transition is part of the wider Horizen 2.0 upgrade, which includes launching a privacy-focused Layer 3 appchain on Base. The move is designed to boost …
US spot Ethereum (ETH) ETFs celebrated their one-year anniversary on July 23, 2025, having accumulated nearly $8.7 billion in net inflows and managing over $16.5 billion in assets. Launched after SEC approval in 2024, nine major ETFs from providers like BlackRock, Fidelity, and Grayscale have sustained consistent investor interest. A recent multi-week inflow streak contributed …
BlackRock, managing $12.5 trillion in assets, reports that de-dollarisation is prompting central banks to diversify away from the US dollar. This shift includes increased interest in alternative assets like gold and emerging digital currencies such as Bitcoin. The move signals growing acceptance of cryptocurrency in global finance as countries seek to reduce reliance on the …
India has upgraded its tax surveillance to tackle evasion in digital banking, cryptocurrency, and cloud storage. The Central Board of Direct Taxes (CBDT) is actively involved in global crypto regulation talks. From April 1, 2026, digital evidence will be crucial in investigations, enhancing authorities’ ability to track tax evasion. Access to crypto wallets will be …
On July 23, BlackRock’s spot ETFs made major purchases, acquiring 1,190 Bitcoin (BTC) and 86,650 Ethereum (ETH). This move highlights strong institutional confidence in leading cryptocurrencies amid active market conditions. The increased holdings reflect growing investor demand for exposure to digital assets through reputable ETF products. BlackRock’s continued investment emphasises its influential role in driving …
Solana has activated the SIMD-0256 proposal, raising the network’s block limit to 60 million Compute Units (CU) on the mainnet. Compute Units, comparable to Ethereum’s Gas, determine block processing capacity. This upgrade is designed to support higher transaction throughput and more complex applications. Developers anticipate further expansion, with block space possibly growing to 100 million …
Ripple CEO Brad Garlinghouse has warned XRP investors about a surge in scams exploiting the cryptocurrency’s all-time high. Fraudsters are using deepfake videos of Ripple executives and fake YouTube accounts to promote fraudulent XRP giveaways, deceiving victims into sending XRP with no returns. Ripple urges users to beware and report suspicious content, emphasizing that no …
Pumpfun co-founder Alon announced that the anticipated airdrop for $PUMP tokens will not occur in the immediate future. He assured the community that details about the airdrop will be communicated once they become available. The update comes as $PUMP holders await further developments around the project’s token distribution. Market participants are advised to stay tuned …
Trump’s World Liberty recently purchased 561 Ethereum (ETH) tokens for approximately $2 million at an average price of $3,567. The investment adds to its existing holdings of 76,849 ETH valued at $281 million, acquired at an average price of $3,291. With current market prices, the portfolio reflects an unrealized profit exceeding $28 million. World Liberty …
The Bitcoin market is experiencing a notable surge in long-term holder activity, with the Monthly Cumulative Distribution Days (CDD) to Yearly CDD ratio hitting 0.25—levels reminiscent of past peaks in 2014 and 2019. This ratio signals that experienced holders are actively moving dormant coins onto the market. Even though more long-term holders are selling their …
The US Ninth Circuit Court of Appeals has overturned Yuga Labs’ $9 million trademark infringement award against artist Ryder Ripps and Jeremy Cahen. The court ruled that Yuga had not proven consumer confusion over Ripps’ “Ryder Ripps Bored Ape Yacht Club” NFTs allegedly mimicking Yuga’s Bored Ape Yacht Club collection. The lawsuit now returns to …
FTX will begin distributing the next batch of creditor claims on September 30 after a bankruptcy court approved reducing the claims reserve by $1.9 billion. Eligible claim holders must be on record by August 15. To date, FTX has distributed around $6.2 billion to former customers. The upcoming payouts will be handled through BitGo, Kraken, …
On July 23, Ethereum spot ETFs recorded a net inflow of $332 million, sustaining a 14-day streak of consecutive inflows. Notably, BlackRock’s ETHA led with a single-day net inflow of $325 million. In contrast, U.S. Bitcoin spot ETFs experienced a net outflow of about $86 million and have now seen outflows for three straight days. …
Jim Cramer revealed he intends to “own” Bitcoin and Ethereum to protect his children’s financial future. He views these cryptocurrencies as a hedge against the growing U.S. national debt and potential dollar depreciation. Cramer emphasized the importance of digital assets in diversifying traditional investments amid economic uncertainties. His stance highlights increasing mainstream acceptance of Bitcoin …
Square has launched Square Handy, a compact and durable mobile POS terminal designed for Japan’s digital economy. Weighing just over 300g with an IP54 rating, Square Handy supports payment processing, inventory management, and order acceptance via a 6.2-inch touchscreen. Ideal for busy retail and restaurant environments, it integrates with Square’s POS app for seamless operations. …
New U.S. stablecoin legislation is driving a significant increase in stablecoin issuance from banks, asset managers, and tech companies. Industry experts, including Chainlink co-founder Sergey Nazarov, say clearer regulatory guidelines are encouraging more players to enter the market. Chainlink is noted for providing essential data, interoperability, and compliance tools that support the large-scale creation of …
Robinhood has introduced staking for Ethereum (ETH) and Solana (SOL) to its U.S. customers, enabling them to earn rewards by locking their crypto assets on the platform. The feature requires a minimal stake, making it accessible for a wide range of investors. This launch broadens Robinhood’s crypto services amid growing demand for passive income opportunities …
The United States and European Union are reportedly close to finalizing a trade agreement to set tariffs at 15% on select imports, according to the Financial Times. This deal aims to reduce escalating trade tensions and prevent the implementation of higher tariffs threatening both economies. The proposed 15% tariff rate marks an increase but remains …
Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoin’s (BTC) $24.4 billion for the first time since June 2024. This milestone pushed the ETH/BTC spot volume ratio above 1, highlighting a notable shift in market dynamics. Analysts attribute this trend to growing investor interest in Ethereum’s ecosystem and broader adoption of …
The Senate Agriculture Committee will release its draft bill on CFTC regulation of digital commodities in early September. The legislation aims to clarify regulatory authority by assigning the CFTC oversight of cryptocurrencies like Bitcoin and Ethereum while leaving digital securities under the SEC’s jurisdiction. The draft will propose new registration requirements for digital asset intermediaries …
Nature’s Miracle has announced the launch of a corporate XRP treasury program, allocating up to $20 million for purchasing XRP. The funding will come from equity financing proceeds under its SEC-approved S-1 registration statement. With this move, Nature’s Miracle aims to build long-term XRP strategic reserves, generate staking yield, and actively participate in the Ripple …
WazirX is reaching out to users as voting kicks off on July 30 and ends on August 6. This crucial vote will determine the platform’s future. If the majority approves the amended recovery scheme, WazirX will restart operations, reopen fund access, and begin the road to recovery. The goal is to generate profits and eventually …
Goldman Sachs and BNY Mellon have launched tokenized money market funds using blockchain technology, aiming to modernize the $7.1 trillion industry. The move brings traditional finance closer to digital assets, with support from heavyweights like BlackRock and Fidelity. By bringing these core financial instruments on-chain, major institutions are signaling a serious shift toward blockchain-based infrastructure, …