Japan's Financial Services Agency (FSA) has approved new stablecoins regulations to enhance user protection, increase collateral flexibility, and safeguard assets during crypto exchange bankruptcies. Learn more about the latest policy changes. Japan’s Financial Services Agency (FSA) has approved new measures to enhance user protection in the stablecoin market, increasing collateral flexibility and improving safeguards during…

Bybit, the second-largest crypto exchange in the industry, has lost $1.46 billion to a sophisticated attack on its cold wallet.  Ben Zhou, the CEO of the Exchange, confirmed the attack on his X page, sharing details of the hack and revealing that the hack took place during a transfer from Bybit’s ETH multi-sig wallet to…

The US SEC has agreed to drop its lawsuit against Coinbase, pending Commissioner approval, marking a shift in crypto regulation.

DeepSeek will release five open-source code repositories next week to enhance transparency and tackle accusations of copying Silicon Valley tech.

Sam Bankman Fried (SBF), the Acerated Founder of the Now-Defunct FTX Exchange, revealed that the Exchange was never bankrupt but suffered a liquidity crisis.  In an interview from Prison, SBF  stated that the exchange had sufficient assets to repay all its customers. However, the repayment process was hindered by a Market Panic resulting from a liquidity…

American Rapper Kanye West is reportedly set to launch a Memecoin a few days after revealing how prominent figures have received offers to use their brand to promote Rug pull schemes.  Coindesk announced the development, citing three sources close to the project and revealing that the ‘YZY’ token was designed to bypass brands like Shopify,…

KuCoin EU applies for MiCAR license in Austria to expand its crypto services across Europe, ensuring regulatory compliance.

The SEC acknowledges XRP ETFs from Grayscale, CoinShares, and more, after Ripple’s legal victories and Trump’s election win.

The United States Securities and Exchange Commission, under acting chairman Mark Uyeda, launched a special unit to combat fraud in Crypto and other Areas.  The Special unit called the Cyber and Emerging Technologies Unit (CETU) is tasked to combat fraud in various areas, including Blockchain, Social media and the Dark Web.  The announcement was made…

Bitcoin ETFs experienced a second day of no inflows, losing $64.1 million in the process.  The 11 Bitcoin ETFs recorded a net outflow of $64 million from 4 ETF products, while the rest recorded no transaction.  Over the past two weeks, the Bitcoin ETF products have recorded more net Outflows than inflows reflecting the bearish…