Binance will list World Liberty Financial USD (USD1) on May 22, 2025, at 12:00 UTC. The exchange will open the USD1/USDT spot trading pair. USD1 is a US dollar-backed digital asset created by World Liberty Financial (WLFI). It is issued and managed by BitGo Trust Company, offering users a secure and stable digital currency option. …
Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark …
Bloomberg experienced a system outage on Wednesday that delayed UK government bond sales and disrupted real-time market data for traders worldwide. The disruption affected customer activity and caused delays in the UK debt auction, impacting global markets. A Bloomberg spokesperson confirmed that their systems are now returning to normal and Terminal functionality has been fully …
BTCS, a Nasdaq-listed blockchain firm, has bought 3,450 ETH for about $8.42 million, paying an average of $2,441 per ETH. This move increases its total Ethereum holdings to roughly 12,500 ETH, a 38% jump since the end of Q1 2025. Earlier, BTCS secured a $57.8 million funding deal with ATW Partners through convertible notes, aimed …
Starting June 2025, South Korea will allow non-profits to sell donated cryptocurrencies and let exchanges convert user fees paid in crypto. At the same time, the Financial Services Commission (FSC) is stepping up efforts to prevent money laundering by enforcing stricter KYC (Know Your Customer) rules. Exchanges and banks must improve their identity checks and …
The U.S. SEC has postponed its decisions on several crypto ETF proposals, including 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust. The agency is also delaying its decision on Bitwise’s Ethereum ETF with staking. The SEC has called for public comments on these proposals, signaling a longer review process. As interest in …
The Texas House of Representatives has approved the Strategic Bitcoin Reserve Bill (SB 21) on its second reading, bringing the state closer to officially investing in Bitcoin. The bill aims to create the “Texas Strategic Bitcoin Reserve,” allowing Texas to include Bitcoin in its financial portfolio. With the Senate’s support secured, the proposal now awaits …
The SEC has charged New York-based Unicoin and three of its top executives with fraud. They are accused of misleading over 5,000 investors to raise $110 million. According to the SEC, Unicoin promised big returns but failed to deliver, putting investors at risk. The case highlights the importance of caution when investing in crypto projects …
KULR Technology has acquired 83.3 Bitcoins for around $9 million, at an average price of $103,234 each. This latest purchase brings their total Bitcoin holdings to 800 BTC. The company’s continued investment highlights its strong belief in Bitcoin’s long-term value. By steadily increasing their crypto assets, KULR is preparing to capitalize on Bitcoin’s future growth …
Standard Chartered, a $1 trillion global bank, has forecasted that Bitcoin could soar to $500,000 by 2028. The bank believes increasing adoption, limited supply, and growing interest from institutions will drive Bitcoin’s price higher in the coming years. This bold prediction highlights Bitcoin’s potential as a major investment asset and signals growing confidence in cryptocurrencies …
Robinhood has submitted a proposal to the SEC to create clear rules for real-world asset (RWA) tokens. The goal is to bring traditional assets like real estate and stocks onto the blockchain in a regulated way. This move could help connect Wall Street with the growing digital market and unlock a potential $30 trillion opportunity. …
Binance has officially asked the court to dismiss FTX’s $1.76 billion lawsuit. The company says the accusations are without merit and baseless. Binance also argues that U.S. courts don’t have the authority to handle this case. This legal move is part of Binance’s effort to defend itself against the claims and challenge the lawsuit’s validity. …
KrakenFX is expanding its derivatives business in Europe after receiving approval for a Cypriot license. This move allows the company to offer more trading options and services within the EU. By securing this license, KrakenFX aims to strengthen its presence and better serve European customers. The expansion highlights KrakenFX’s commitment to growth and meeting regulatory …
The Supreme Court of India has made it clear that cryptocurrency should be regulated, not banned. The Court pointed out that profits from Bitcoin are already taxed at 30%, which shows that crypto is legally recognized to some extent. If it’s being taxed, it makes sense to regulate it properly. This statement marks a major …
Strategy (formerly MicroStrategy) is facing a class action lawsuit over allegations of making misleading statements about its Bitcoin strategy. The lawsuit claims the company may have misrepresented key details related to its aggressive Bitcoin investment approach. This legal challenge comes at a time when Strategy holds over 576,000 BTC. Investors are now questioning the transparency …
As of May 18, 2025, Michael Saylor’s ‘Strategy’ has purchased an additional 7,390 BTC for $764.9 million at an average price of $103,498 per Bitcoin. This brings total holdings to 576,230 BTC, acquired for $40.18 billion at an average of $69,726 per coin. The strategy has delivered a strong 16.3% BTC yield year-to-date, reflecting continued …
Ripple, a leading digital asset infrastructure provider for financial institutions, has added two new customers in the UAE using Ripple Payments. Following its milestone as the first blockchain-enabled payments provider licensed by the Dubai Financial Services Authority (DFSA), Ripple named Zand Bank and Mamo as its first blockchain payment clients in the UAE. This move …
Vitalik Buterin aims to speed up Ethereum’s Layer 1 while keeping it simple for users to run their own nodes. His plan includes key updates like EIP-4444, distributed history storage, stateless verification, and lightweight “partially stateless nodes.” These improvements are designed to boost performance without making it difficult for regular users to stay connected, ensuring …
Metaplanet has increased its Bitcoin holdings by buying 1,004 BTC for $104.3 million. With this latest purchase, the company now holds a total of 7,800 Bitcoin as of May 19, 2025. This move demonstrates Metaplanet’s growing confidence in Bitcoin and its commitment to building a strong position in the cryptocurrency market. The company continues to …
Brazilian company Méliuz has made a bold move by purchasing $28.4 million worth of Bitcoin. This marks the first time a listed company in Brazil has added Bitcoin to its treasury. The decision received strong support, with most shareholders approving the purchase. Méliuz’s move signals growing corporate interest in cryptocurrency in Brazil and could pave …
Coinbase has revealed a security breach where attackers bribed overseas customer support agents to access user data through social engineering. The compromised information affected less than 1% of monthly users and included names, addresses, phone numbers, and limited account details. Importantly, no passwords, private keys, or user funds were accessed. The attackers demanded a $20 …
Mastercard has partnered with MoonPay to introduce stablecoin cards, allowing users to pay with cryptocurrencies at more than 150 million merchants worldwide. This collaboration makes it easier for people to use digital currencies in daily life, bridging the gap between traditional finance and crypto. By bringing stablecoins into Mastercard’s extensive payment network, the partnership aims …
Ukraine is preparing to create a national Bitcoin reserve. MP Yaroslav Zheleznyak announced that a draft bill is being developed and will be submitted soon. The legislation will help formalize the country’s plan to hold Bitcoin as part of its national assets. This step highlights Ukraine’s growing focus on integrating cryptocurrency into its financial system, …
JPMorgan has completed its first tokenized U.S. Treasury transaction on a public blockchain, marking a major step toward merging traditional finance with blockchain technology. The trade was settled using Ondo Finance and Chainlink, showing how real-world assets like Treasuries can move through decentralized networks. This move highlights growing interest from major institutions in using blockchain …
Ki Young Ju, CEO of CryptoQuant, recently tweeted that all three major presidential candidates in South Korea support spot Bitcoin ETFs and institutional investment. Currently, both Bitcoin ETFs and institutional investments are banned in South Korea, with retail investors accounting for 100% of the trading volume. The candidates’ backing could signal a potential shift in …
The Ethereum Foundation has introduced the “Trillion Dollar Security” initiative to improve the network’s security. This project focuses on enhancing the safety of Ethereum wallets, user experience, and smart contracts. Its primary goal is to enable secure on-chain asset management for individual users and institutions, aiming to protect trillions in value on Ethereum. The initiative …
FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto …
Robinhood is acquiring WonderFi, one of Canada’s top crypto platforms, in a move to grow its presence in the Canadian market. This deal will help Robinhood offer more crypto services to users across Canada, tapping into a fast-growing and crypto-friendly region. With WonderFi’s strong local reputation and user base, the acquisition marks a key step …
Nasdaq-listed GD Culture Group has successfully secured a $300 million funding commitment to build a crypto reserve. The reserve will include Bitcoin ($BTC) and assets related to the $TRUMP meme coin. This move signals the company’s growing interest in the cryptocurrency space, as it plans to leverage these digital assets in its future operations. The …
Metaplanet has announced the issuance of $15 million in bonds with a 0% interest rate, aiming to enhance its Bitcoin reserves. This strategic move is designed to increase the company’s cryptocurrency holdings while avoiding the financial strain of interest payments. By taking this approach, Metaplanet is positioning itself for long-term growth in the crypto space. …