The Financial Supervisory Commission of the Taiwanese Government is set to propose a draft law for VASP (Virtual Assets Service Providers) in June this year. The law will facilitate the permission of banks to issue stablecoins to their clients bridging the gap between traditional finance and Digital assets in the country. Peng Jinlong, Chairman of…
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QuickSwap launches its V3 DEX on Soneium Mainnet, enhancing DeFi with low-cost swaps, liquidity provision, and future growth opportunities.
Key Takeaways: WLFI's recent acquisition of $9.84 million in WBTC raised its total assets to $365 million. Over the last three days, WLFI invested $56.82 million in 534.1 WBTC, averaging $106,379 per token, but faced a $1.74 million loss. The firm’s total cryptocurrency investment now amounts to $178.2 million, including assets in Ethereum, WBTC, TRX,…
Key Takeaways: Kraken donated $111,111 in BTC to Ross Ulbricht’s support site after his pardon by President Trump, following 12 years in prison for charges tied to the Silk Road marketplace. Ulbricht’s wallets reportedly still hold $47M in BTC, while freeross.org has received additional donations totaling 2.5 BTC. Following his release, cryptocurrency exchange Kraken donated…
Goldman Sachs CEO David Solomon calls Bitcoin a speculative asset, affirming no threat to the US dollar.
Worldcoin surged 14% to $2.34 after the announcement of Stargate’s $500B AI infrastructure investment.
Polymarket bettors predict a 64% chance the U.S. will create a national bitcoin reserve by 2025, following the inauguration of Donald Trump. Polymarket Says Confidence Grows for Bitcoin Reserve Proposal Amid Trump Administration’s Inauguration Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025,…
Solana’s rapid adoption pushes Ethereum developers to rethink their upgrade roadmap, with calls for more aggressive scaling and innovation plans. Solana’s Growth Sparks Urgency Among Ethereum Developers Solana's rapid adoption has sparked debates within the Ethereum community about the need for faster and more ambitious development. Prominent Ethereum developers, including Ethereum Foundation researcher Dankrad Feist,…
Microstrategy acquires 11,000 BTC, raising its holdings to 461,000. Learn how the $1.1B bitcoin purchase fits into its bold crypto strategy. Microstrategy Makes $1.1 Billion Bitcoin Purchase, Strengthens Position as Crypto Leader Microstrategy Inc. (Nasdaq: MSTR) has announced a significant addition to its bitcoin holdings, purchasing 11,000 BTC for $1.1 billion. This acquisition, detailed in…
Senator Tim Scott reveals a bold agenda for the 119th Congress, aiming to overhaul U.S. cryptocurrency regulations, enhance consumer protections, and promote financial innovation. Senator Tim Scott Announcement The U.S. Senate Committee on Banking, Housing, and Urban Affairs, chaired by Senator Tim Scott, announced plans to reshape cryptocurrency regulation in the 119th Congress. Scott outlined…
