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…

Vitalik Buterin, co-founder of the Ethereum Blockchain, shared an emotional message lamenting the growing criticism of the Ethereum project.  The Ethereum Co-founder and a leading advocate for a utility-focused industry posted a message on Tako, a Chinese tech-based Social media platform.  He affirmed his advocacy for a utility-focused industry while getting emotional about the growing…

Ho Kai Xin, a former payroll manager with Bybit, was handed a six-week jail sentence for flouting court orders following a $4.6 million theft from the exchange.  Ho was ordered in 2022 by a civil court not to use the funds she lifted from Bybit, but the 32-year-old woman spent $840,000 from the funds on…

Nasdaq has submitted a proposal to the SEC for a diversified cryptocurrency ETF, aiming to improve market integrity while providing investors with broad digital asset exposure. Nasdaq has formally submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that tracks a basket of cryptocurrencies. The proposal…