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JPMorgan closed all accounts held by Strike CEO Jack Mallers in September without warning or clear explanation, citing “concerning activity” under routine monitoring and the Bank Secrecy Act. This incident highlights ongoing tensions between traditional banks and crypto executives, amid claims of targeted de-banking in the industry. Mallers received a letter from JPMorgan stating accounts […]
Upbit has officially listed Monad (MON) with KRW, BTC, and USDT trading pairs, enabling deposits and withdrawals via the Monad network starting November 25. This expansion supports innovative blockchain projects while adhering to strict regulatory guidelines in South Korea. Trading begins at 00:00 on November 25, with initial limit orders only for the first two […]
Russian police in St. Petersburg arrested a 21-year-old man who attempted to rob a crypto exchange office using airsoft and smoke grenades. The incident highlights the growing threats to cryptocurrency holders in Russia, where such crimes have surged amid legal efforts to regulate digital asset seizures. Arrest in St. Petersburg: A young attacker targeted a […]
Pump.fun’s recent decline stems from the team’s deposit of $436.5 million in USDC to exchanges like Kraken, coupled with a 36.5% drop in token buybacks to $886k. This has fueled bearish sentiment for the PUMP token, pushing its price down 21.3% weekly to $0.0026 amid reduced support. Pump.fun team deposited $436.5 million USDC to Kraken […]
Thailand’s leading crypto exchange Bitkub is pursuing a $200 million initial public offering in Hong Kong as early as 2026, driven by a weak Thai stock market and Hong Kong’s favorable crypto regulations. This move aims to capitalize on Hong Kong’s expanding virtual asset ecosystem for international growth. Bitkub’s IPO Strategy: Targeting Hong Kong’s booming […]
Peter Schiff warns that Bitcoin treasury firms like MicroStrategy face structural risks, potentially leading to collapses and asset liquidations. He argues MSTR’s leveraged exposure makes it unfit for major indexes, and recent Bitcoin rebounds create false optimism amid ongoing bear market pressures. Schiff highlights risks for Bitcoin-holding companies, predicting failures and forced sales of holdings. […]
Animoca Brands has secured its second in-principle approval in the UAE with the FSRA of ADGM for a regulated Fund Manager license, enabling management of collective investment funds in blockchain and tokenized assets. This follows their VARA Dubai broker license, strengthening their Web3 presence in Abu Dhabi. Animoca Brands’ ADGM approval allows regulated fund management […]
A crypto wrench attack in San Francisco left a homeowner robbed of $11 million in cryptocurrency after a suspect posed as a delivery driver, pulled a gun, and forced access to the victim’s wallet. This incident highlights the rising physical threats to crypto holders in 2025, with over 60 such attacks documented this year alone. […]
US chip tariffs proposed by President Donald Trump could significantly impact cryptocurrency mining by increasing hardware costs and disrupting supply chains for semiconductors essential to GPUs and ASICs, potentially raising mining expenses by up to 100% for imported components while favoring US-based production. South Korea’s recent trade deal with the US secures favorable tariff terms […]