Cryptocurrencies faced a sharp decline today, mirroring the broader stock market turmoil fueled by trade tensions related to former President Trump’s tariffs and fears of escalating inflation. Liquidations […]
Nigeria Officialy Recognizes Crypto as Securities
In a landmark move for the Nigerian crypto industry, President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, officially acknowledging cryptocurrencies as an asset class. […]
US House Approves Bill to Regulate Stablecoins, Potentially Shifting Crypto Landscape
The US House Financial Services Committee recently approved the STABLE Act, a landmark legislation aimed at regulating stablecoins and potentially impacting the cryptocurrency market landscape. The bill aims […]
Galaxy Digital Secures UK FCA Approval: Expanding into Global Crypto Market
Galaxy Digital, a leading firm in the cryptocurrency space, has received approval from the UK’s Financial Conduct Authority (FCA) to expand its operations within the country. This pivotal […]
Lawmakers Demand SEC Records on Trump-Linked Crypto Firm
Pressure is mounting on the Securities and Exchange Commission (SEC) to release records related to a cryptocurrency firm with ties to former President Donald Trump. This action, spurred […]
Hong Kong Investigates $500 Million Crypto Trust Fraud, Raising Regulatory Concerns
Hong Kong authorities are investigating a suspected $500 million crypto trust fraud involving First Digital Trust, raising concerns about regulatory gaps and investor confidence. The investigation focuses on […]
US Lawmakers Demand SEC Transparency on Trump-Linked Crypto Firm
US lawmakers have formally requested the SEC provide details about a cryptocurrency firm connected to the Trump family, highlighting growing concerns over political involvement in blockchain technology. This […]
First Digital Defends Against Justin Sun’s False Accusations
First Digital Trust refutes claims made by crypto entrepreneur Justin Sun, branding them false and a smear campaign aimed at damaging its reputation. The company insists FDUSD remains […]
Coinbase in Legal Battle with FDIC over Cryptocurrency Clarity
US cryptocurrency exchange Coinbase is engaged in a legal tussle with the US Federal Deposit Insurance Corporation (FDIC) regarding access to information about bank responses to regulatory pressure […]
Andrew Cuomo Advises OKX in Federal Probe
Former New York Governor Andrew Cuomo has become involved with the ongoing federal investigation of cryptocurrency exchange OKX. His involvement raises questions about regulatory impact and investor confidence. […]
Stablecoin Depegging: Justin Sun Highlights First Digital Trust’s Insolvency
Prominent figure Justin Sun has raised alarm bells over the alleged insolvency of First Digital Trust (FDT), a Hong Kong-based financial institution within the Tron ecosystem. Sun, known […]
FDUSD Depegs Following Justin Sun’s Regulatory Comments
The FDUSD stablecoin has experienced a depeg, significantly impacting its value relative to the US dollar. This event followed comments by Justin Sun, founder of Tron, who highlighted […]
Justin Sun’s Controversial Statements Spark Stablecoin Volatility
Recent statements by Justin Sun have caused significant volatility in the stablecoin market, with a 12% drop observed in the FDUSD. These comments stem from his ongoing public […]
Justin Sun Provides Emergency Liquidity to Stabilize TUSD Amidst Reserve Concerns
TUSD, a stablecoin known for its peg to the U.S dollar, experienced a period of volatility after allegations of mismanagement arose. Justin Sun, founder of Tron, stepped in […]
Governments Focus on Seized Cryptocurrency: New Regulations & Audits
The U.S.’s approach highlights a growing trend among global governments – both in seizing assets and considering strategic reserves. Their actions are influential in shaping the digital economy’s […]