China’s massive and tech-savvy population still drives global demand for blockchain applications, in spite of strict regulatory restrictions, found the ‘GTM in Asia’ report by Foresight Ventures and Primitive Ventures. “Western discourse often assumes that “China has completely banned crypto,”…
UK-based Standard Chartered revealed plans on Thursday to establish a Luxembourg-based entity as its regulatory hub for crypto and digital asset custody services across the European Union (EU). 🚨 BREAKING 🚨 🇪🇺 $1 trillion Standard Chartered will now start offering…
Thailand’s Provincial Electricity Authority (PEA) has dismantled a Bitcoin mining farm in Chonburi on Thursday for tampering with power meters to steal electricity. The farm’s operators caused losses amounting to hundreds of millions of baht, further straining the country’s power…
Mastercard has unveiled the expansion of its innovative Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern Europe, Middle East, and Africa (EEMEA) region. The solution aims to simplify cryptocurrency transactions by allowing users to…
Jeremy Allaire, Circle’s CEO, revealed on Thursday that the company had donated $1 million USDC to President-elect Donald Trump’s inaugural committee. @circle has contributed 1M USDC to President Trump's Inaugural Committee. We are excited to be building a great American…
On January 9, PeckShieldAlert, a blockchain security and forensic platform, revealed that crypto hacks and scams cost $3.01 billion in 2024. This represents a substantial 15% increase compared to the $2.61 billion lost in the crypto industry
Crypto derivatives exchange BitMEX has launched its Multi Asset Margining feature. According to the press release, the novel tool enables traders to use multiple margin currencies to trade derivatives contracts without converting assets or moving funds between wallets. Users can…
Cryptocurrency exchange Backpack has issued a detailed statement addressing the ongoing controversy surrounding its acquisition of FTX EU, a European entity previously associated with the now-defunct FTX Trading LTD. The debate centers on ownership claims and responsibilities for repaying customer…
The Commodity Futures Trading Commission (CFTC) has reportedly issued a subpoena to U.S.-based cryptocurrency exchange Coinbase, seeking customer data in connection with the crypto-based prediction market platform Polymarket. According to a customer notice shared by EthHub co-founder Eric Conner on…
The International Monetary Fund (IMF) has urged Kenya to establish a robust regulatory framework for cryptocurrencies to protect consumers and address risks related to Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). In a technical assistance report released…