Key Takeaways Nick van Eck, son of Jan van Eck, the CEO of VanEck, a prominent $90 billion asset management firm, is set to launch a new stablecoin named Agora digital dollar (AUSD). The initiative follows a successful $12 million…
Key Takeaways In a major development, the U.S. government has reportedly executed a substantial transfer of Bitcoin to a wallet associated with Coinbase. This transaction, occurring on a Tuesday morning, involved the movement of approximately 30,175 Bitcoin, which, at the…
Key Takeaways China has unveiled a new project in collaboration with Conflux Network, showing their strong commitment to blockchain technology and its potential within the Belt and Road Initiative. Despite this, it’s worth noting that Chinese regulations still don’t allow…
Key Takeaways Tether, the force behind USDT stablecoin, recently boosted its Bitcoin reserves with an acquisition of 8,888 BTC on March 31, valued at $618 million. This move marks a significant step in Tether’s ongoing Bitcoin accumulation strategy, pushing its…
Key Takeaways Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has moved to dismiss charges against him, alleging he operated a money laundering business and violated the International Emergency Economic Powers Act. In a filing to the United States District…
Key Takeaways Custodia Bank faced a tough setback as a US District Court rejected its plea for a Federal Reserve master account and dismissed its request for a declaratory judgment. The ruling, handed down by Judge Scott Skavdahl on March…
Key Takeaways This week, a notable rift unfolded within the realm of cryptocurrency regulation, triggered by CFTC Commissioner Caroline Pham’s expression of apprehension over the agency’s recent actions against KuCoin, a leading cryptocurrency exchange. Pham’s remarks raised significant concerns regarding…
Key Takeaways In a recent turn of events, a fake version of the ENA token was exploited on Binance Launchpool, resulting in the loss of 480 BNB, valued at around $290,000. This incident unfolded shortly after the introduction of Ethena…
Key Takeaways Investors in the embattled cryptocurrency exchange FTX are embroiled in a legal tussle over the valuation of digital tokens associated with its co-founder, Sam Bankman-Fried, who is currently in jail. At the heart of the matter are claims…
Key Takeaways The DeFi Education Fund (DEF) has taken legal action against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court. DEF’s lawsuit challenges the SEC’s stance on Beba, a Texas-based apparel company,…
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