The Heartbeat of the Crypto World is Here!

The Grand Court of the Cayman Islands issued an injunction against Maple Finance entities for allegedly breaching an exclusivity agreement with Core Foundation on lstBTC, a liquid staked Bitcoin token. This bars Maple from launching a competing product, syrupBTC, and using CORE tokens without consent, pending arbitration. Core Foundation invested heavily in lstBTC development with […]

Bulgaria seized control of Lukoil’s Neftohim refinery in response to U.S. sanctions under Donald Trump targeting Russian oil companies, marking a swift end to decades of Russian economic influence in the Balkans. This move ensures compliance with the White House deadline and secures energy operations amid geopolitical tensions. Bulgaria’s parliament acted in 26 seconds to […]

Binance faces ongoing strict U.S. regulatory oversight from the DOJ, CFTC, and FinCEN despite fully exiting the American market and serving no U.S. customers. Founder Changpeng Zhao, known as CZ, will not return to lead the exchange following his settlement, focusing instead on compliance from afar to rebuild the platform’s global framework. CZ’s decision not […]

Bitcoin’s key support level at $82,000 is under pressure as the cryptocurrency plunges nearly 30% from its all-time high of $126,000. Whale activity has surged this week, with over 102,900 transactions exceeding $100,000, indicating distribution among long-term holders. Holding above this level is crucial to avoid a deeper bear market reminiscent of 2022. Bitcoin support […]

The White House has urged Congress to reject the GAIN AI Act, which would restrict Nvidia’s exports of advanced AI chips to China, arguing that U.S. customers already have sufficient supply and such limits could harm innovation and global competitiveness without addressing security concerns. White House opposition stems from concerns over chip shortages for domestic […]

Vitalik Buterin warns that BlackRock’s expanding Ethereum holdings via its ETF pose two key threats: crowding out decentralization-focused developers and pushing technical changes that centralize the network, potentially undermining Ethereum’s core permissionless principles. Vitalik Buterin cautions on institutional dominance in Ethereum, highlighting risks from BlackRock’s ETF inflows. Growing ETH ownership by firms like BlackRock could […]

XRP price has dropped 14.9% in the week following the launch of its first spot ETF by Canary Capital, despite strong initial inflows of over $250 million. The decline to below $2.15 stems from whale sell-offs and broader market pressures, not negating long-term ETF potential. XRP ETF debut saw $58 million in first-day volume, highest […]

MiniPay, Opera’s stablecoin wallet on the Celo blockchain, now connects USDT to local payment systems in Latin America via its “Pay like a local” feature. Powered by Noah, it allows seamless payments to shops using Mercado Pago in Argentina and PIX in Brazil, enabling over 10 million users to spend stablecoins instantly without card issues. […]

ARK Invest, led by Cathie Wood, purchased over $39 million in shares of Bullish, Circle, and BitMine amid a dip in crypto stocks, demonstrating strong conviction in the sector’s long-term potential despite short-term market volatility. ARK Fintech Innovation ETF acquired significant Bullish shares, totaling $16.8 million across funds. Circle, issuer of the USDC stablecoin, saw […]