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Crypto
China Eyes Yuan-Backed Stablecoin as Beijing Seeks Power
Key Takeaways
Beijing is considering yuan-backed stablecoins for the first time, marking a major reversal from its 2021 ban on crypto trading and…
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Bitcoin, Ethereum ETFs See $1B Outflow as Investors Brace for Another Drop
Key Takeaways
U.S. spot Bitcoin ETFs hold $146.2 billion in total net assets, representing 6.47% of BTC’s market cap.
Bitcoin and Ethereum ETFs have…
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Hyperliquid Rules DeFi Perps Market With 80% Share
Key Takeaways
Hyperliquid has emerged as the dominant decentralized exchange for perpetual futures.
The platform has overtaken dYdX and GMX, which…
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Kanye West’s YZY Token Launch: A $3 Billion Spectacle With All the Red Flags
Key Takeaways
West launched the YZY token, which crashed 90% within 24 hours of launch.
Kanye West launched a memecoin called YZY as part of his wider…
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Federal Judge Unfreezes $57M LIBRA Memecoin Funds After Finding No Irreparable
Key Takeaways
A U.S. federal judge unfroze $57 million in USDC tied to LIBRA memecoin promoters.
Judge Jennifer Rochon ruled that plaintiffs failed to…
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Bitcoin ATM Bans Slammed By Crypto Founder
Key Takeaways
Small towns and cities in the U.S. are banning crypto ATMs after a surge in fraud cases.
Vladimir Gorbunov, founder of Choise.ai,…
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Sonic Holders To Vote on US Expansion, ETF and Institutional Access in Landmark
Key Takeaways
Sonic blockchain launched its first governance proposal for U.S. expansion.
The plan includes an ETF, NASDAQ PIPE, and a Delaware-based…
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Kyrgyzstan President Fights US, UK Sanctions on A7A5 Stablecoin
Key Takeaways
The U.S. and U.K. imposed sanctions on Kyrgyz banks and crypto platforms, including Capital Bank, Grinex, Meer, Old Vector, and Keremet…
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Asian High-Net-Worth Investors Are Piling Into Crypto at Record Pace
Key Takeaways
High-net-worth entities in Asia are pouring into crypto at record speed.Hong Kong has recently passed crypto and stablecoin regulations…
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Upbit Parent Dunamu To Provide Tech and Compliance Support for Vietnam’s First
Key Takeaways
South Korea’s leading exchange operator, Dunamu, will help Vietnam launch its first domestic crypto exchange.
Dunamu will provide…
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