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Japan’s Financial Services Agency is proposing legislation for crypto exchanges to maintain liability reserves, similar to traditional securities firms, to compensate customers after hacks like Mt. Gox and DMM Bitcoin. This aims to restore trust in the market amid ongoing security breaches. Japan’s crypto sector faces renewed scrutiny after major hacks, prompting stricter regulations. The […]
The Binance Hamas lawsuit accuses the exchange, its founder Changpeng Zhao, and executive Guangying Chen of knowingly facilitating over $1 billion in cryptocurrency transactions for US-designated terrorist groups like Hamas and Hezbollah, linked to the October 7, 2023 attacks in Israel that killed 1,200 people. More than 300 victims and families from the October 7 […]
Japan’s Financial Services Agency is implementing stricter crypto regulations in 2025, requiring exchanges to maintain safety reserves and hold customer assets domestically to safeguard users against failures, hacks, and unauthorized outflows. Exchanges must establish liability reserve funds to cover losses from security breaches, ensuring quick reimbursements for affected customers. Third-party custodians and wallet providers will […]
BitMine Immersion Technologies stock surged nearly 20% on Monday, leading digital asset treasury gains amid rising institutional ownership and Ether price recovery, outpacing the broader crypto market’s 2.1% increase. BitMine shares rose from $27 to over $31, driven by Ether holdings reaching 3% of total supply. Other Ethereum treasury firms like SharpLink Gaming and Strategy […]
Grayscale’s Dogecoin ETF, ticker GDOG, begins trading on the NYSE today, providing regulated exposure to DOGE amid expanding XRP ETF activity and renewed SEC reviews for crypto products. GDOG launches on NYSE: Grayscale converts its Dogecoin trust into a spot ETF, tracking DOGE price with institutional-grade structure. XRP ETF market heats up: GXRP debuts alongside […]
The Grayscale Dogecoin ETF (GDOG) marks the first U.S.-listed product offering direct exposure to Dogecoin, the ninth-largest cryptocurrency by market cap at $22 billion. Launched amid market volatility, it signals growing institutional acceptance of meme coins, potentially boosting liquidity and mainstream adoption for DOGE. Grayscale’s GDOG ETF provides true spot exposure to Dogecoin, unlike prior […]
Bitcoin’s price recovery in 2025 is gaining momentum, supported by orderly derisking, reduced bearish options hedging, and strong institutional conviction, pushing the top cryptocurrency above $87,600 from its recent low. Declining seller momentum shows early exhaustion, signaling a shift from aggressive selling to stable market conditions. An uptick in spot buying and flattening premiums indicate […]
The SEC issued a no-action letter to the Solana-based DePIN project Fuse, confirming that its FUSE token does not require enforcement action if used solely for network utility and rewards, not public speculation. This regulatory clarity supports DePIN growth by affirming tokens designed for infrastructure maintenance. SEC’s second DePIN no-action letter in months signals shifting […]
A recent court filing accuses Binance of enabling cryptocurrency transactions linked to Hamas through inadequate controls from 2017 to 2023, allowing users tied to U.S.-designated terrorist groups to move funds freely. The lawsuit, brought by over 300 affected families, highlights weak verification and pooled wallets that shielded illicit activities. Binance’s structure allegedly facilitated Hamas funding […]