Key Takeaways Malaysia’s Securities Commission ordered Bybit to shut down operations for violating securities laws and operating without a license. The exchange must disable platforms, block access, and terminate ads targeting Malaysian investors within 14 business days. The SC warned investors to use only licensed platforms, highlighting compliance rules and risks tied to unregulated exchanges.…

Bitwise files for a Bitcoin Standard ETF to track companies holding over 1,000 BTC. Learn how this ETF could impact crypto investment strategies. Bitwise Files Bitcoin Standard ETF Prospectus Bitwise, one of the largest cryptocurrency and ETF managers in the U.S., has submitted a proposal to launch the Bitcoin Standard Corporations ETF. The ETF aims…

China and Nigeria renew their $2 billion currency swap for three years amid Trump’s dedollarization warnings. Learn what this means for trade and currency stability. China and Nigeria Renew $2 Billion Currency Swap Deal China and Nigeria have renewed their $2 billion currency swap arrangement for another three years, aiming to strengthen financial ties and…

Galaxy Research forecasts Bitcoin at $185K and Ethereum at $5,500 by 2025, driven by institutional adoption and DeFi growth.

U.S. and European banks are preparing to issue stablecoins, with new regulations and blockchain solutions driving market growth.

MicroStrategy dominates the Bitcoin holdings list with over 444,000 BTC, leading the top 60 public companies with a combined total of 591,368 BTC. Explore the hidden corporate giants fueling the Bitcoin boom. MicroStrategy Leads the Charge in Bitcoin Holding In a revealing post shared on X (formerly Twitter), Michael Saylor, Executive Chairman of MicroStrategy, disclosed…

Key Takeaways: A South Korean court sentenced Bithumb’s ex-CEO and golfer Ahn Sung-hyun for manipulation. They accepted bribes and luxury gifts to inflate altcoin prices, defrauding investors. Ongoing investigations expose corruption risks in crypto markets, prompting stricter regulations and investor protections. A South Korean court has sentenced a professional golfer Ahn Sung-hyun, and a former…

Stephen Akridge, Solana blockchain developer, is sued by ex-wife for allegedly stealing millions in staking rewards from her digital wallet.

Montenegro has approved the extradition of Do Kwon, Terraform Labs co-founder, to the U.S., amidst ongoing fraud charges related to the $40 billion TerraUSD crash. Montenegro Greenlights Extradition of Terraform Labs’ Do Kwon to the U.S. Montenegro has officially approved the extradition of Do Kwon, the co-founder of Terraform Labs, to the United States. The…

The Biden administration finalizes a sweeping IRS crypto reporting rule requiring platforms to track all transactions. Learn how this impacts the crypto industry. Sweeping IRS Crypto Rule Finalized by Biden Administration The U.S. Treasury and Internal Revenue Service (IRS) have issued sweeping new regulations requiring brokers facilitating digital asset transactions to report all user activity…