Binance, the world’s largest cryptocurrency exchange, has secured its first institutional investment in a landmark $2 billion deal with Abu Dhabi-based AI and technology investor MGX.  The transaction, the largest-ever investment into a crypto company and the largest paid in cryptocurrency, underscores the growing role of blockchain technology in global finance. The investment, announced on…

Metaplanet Inc., a publicly traded investment firm, has announced the acquisition of an additional 162 bitcoin (BTC) for approximately $13.5 million, at an average price of $83,123 per BTC.  Notably, this purchase brings the company’s total bitcoin holdings to 3,050 BTC, valued at around $253.7 million. The firm disclosed its latest purchase in an official…

Popular global  investment firm, Franklin Templeton has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Franklin XRP ETF, a trust-based exchange-traded fund (ETF) that will offer investors exposure to XRP.  If approved, the ETF will be listed on the Cboe BZX Exchange, making XRP more accessible to…

Staking is now live on Mythos Chain, marking a significant milestone for the Web3 gaming ecosystem.  Built on Polkadot’s Delegated Proof of Stake (DPoS) system, the new staking mechanism offers early participants annual percentage yields (APY) of up to 300%. Notably, the Mythos Foundation has allocated 50 million MYTH tokens to be distributed over the…

Coinbase Derivatives, LLC, a CFTC-regulated futures exchange, is set to introduce 24/7 Bitcoin and Ethereum futures trading in the United States, marking a significant shift in market accessibility.  The move, announced on March 10, aligns US trading hours with the round-the-clock nature of global crypto markets, addressing long-standing limitations faced by domestic traders.  Additionally, the…

Thailand’s Securities and Exchange Commission (SEC) has officially approved Tether’s USD₮ as a recognised cryptocurrency, marking a significant milestone for the country’s digital asset market.  Notably, the approval allows USD₮ to be traded on regulated exchanges and used for payments, strengthening Thailand’s position as a regional hub for digital asset adoption. The SEC’s updated regulations,…

Tether, the largest stablecoin issuer company, announced its role in assisting the United States Secret Service (USSS) in freezing $23 million in illicit funds linked to transactions on the Russian-sanctioned cryptocurrency exchange, Garantex. In our previous article, authorities in the U.S., Germany, and Finland collaborated to shut down the exchange accused of laundering money for…

Nasdaq is in discussions with regulators and market participants about implementing 24-hour, five-day-a-week trading on the Nasdaq Stock Market, with a potential launch in the second half of 2026.  Notably, the initiative aims to expand investor access, accommodate global trading demand, and modernize market operations. Addressing Global Investment Demand The move towards extended trading hours…

Authorities in the United States, Germany, and Finland have disrupted Garantex, a cryptocurrency exchange accused of facilitating money laundering for transnational criminal networks, including terrorist organizations.  The Justice Department announced the operation, which involved seizing domain names and freezing $26 million in illicit funds. https://twitter.com/DOJCrimDiv/status/1898030839201402882 Garantex Administrators Indicted A federal indictment in the Eastern District of…

Leading Layer 1 blockchain Sui has partnered with World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol inspired by former U.S. President Donald J. Trump.  The collaboration, announced on March 6, aims to explore blockchain applications and asset integration, marking a step toward expanding decentralized financial solutions. World Liberty Financial Integrates Sui Assets As part…