News

The past week saw major turbulence in the cryptocurrency market, particularly among Bitcoin and Ethereum exchange-traded funds (ETFs). According to Wu Blockchain, between February 10 and February 14, Bitcoin spot ETFs recorded a net outflow of $586 million, with Grayscale’s…

The once-booming interest in meme coins is waning, leading to renewed enthusiasm for more established assets such as Bitcoin (BTC) and Ether (ETH), as well as other Layer-1 (L1) coins. Crypto analyst Michaël van de Poppe suggested in his Feb.…

Australian police have dismantled an organized crime syndicate involved in burglaries targeting crypto ATMs and Pokémon collector cards. Over the last week, detectives from Melbourne arrested four people as part of their investigation into the commercial burglaries

Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have announced a landmark joint venture to issue a Hong Kong dollar-backed stablecoin. The three firms will apply for a stablecoin issuance license under the Hong Kong Monetary Authority’s…

Scammers have launched a fraudulent crypto by impersonating Saudi Arabia’s Crown Prince Mohammed bin Salman, exploiting the growing hype around celebrity-backed meme coins. The fake token, called the “Official” Saudi Arabia meme coin (KSA), was introduced in a now-deleted post…

World Network, previously Worldcoin, has officially launched in the Philippines, marking another step in its global expansion amid growing debates over digital privacy and biometric data collection. World ID is now accessible in select cities in Bulacan although the company…

Binance co-founder Yi He has denied rumors that the cryptocurrency exchange is being sold, calling the claims a deliberate distraction created by competitors. The speculation gained traction after a viral post suggested Binance was planning a sale. “The news from…

All metrics point to a massive surge in price, acceptance, reputation, and mainstream adoption for Bitcoin (BTC) this year, crypto insiders argue. According to Jeff Park, the head of alpha strategies at Bitwise Asset Management, the “world is literally on…

Italy’s central bank and securities regulator are in active discussions with crypto service providers to ensure robust financial and cybersecurity safeguards, according to Bank of Italy Governor Fabio Panetta. Speaking at the 31st Assiom Forex Congress on Feb. 15, Panetta…

Australia’s financial crime regulator AUSTRAC said Monday that it targeted 13 remittance and digital currency exchange providers over compliance issues. In addition, the agency is now investigating 50 more providers. It is wrapping up a year-long campaign to address non-reporting…