Key Takeaways: Ethereum’s Vitalik Buterin argued that privacy must become a built-in feature of decentralized systems to protect users from growing surveillance threats. He pointed to advanced cryptographic tools like ZK-proofs and homomorphic encryption as essential to protecting data. His recent roadmap proposes wallet-level and network-level privacy features for Ethereum without altering its Layer-1 consensus.…
South Korean crypto industry insiders have expressed dismay at lawmakers’ plans to police the stablecoin industry, calling proposals “unfair.” Per Hanguk Kyungjae, several South Korean crypto industry officials, all speaking under condition of anonymity, have spoken out against the proposed Basic Digital Asset Act (literal translation). South Korean Crypto Industry Unimpressed by Bill The draft…
In a new verdict, a Chinese court has sentenced nine individuals to prison for masterminding a sprawling telecommunication fraud network that preyed on over 66,800 Indian victims. A local court in China recently sentenced nine Chinese fraudsters to prison terms ranging from five to fourteen years. They targeted Indians for USDT fraud, defrauding a total…
A recent Galaxy report highlighted that despite Tether leading the crypto lending market with two other companies, decentralized applications posted nearly double the amount in outstanding loans at the end of 2024. According to the report, the crypto lending market stood at roughly $30 billion on Dec. 31, excluding collateralized debt position (CDP) stablecoins. This…
Key Takeaways: Bybit’s public denial of listing fee claims and school promo allegations highlights the growing challenge of misinformation and rumor-driven narratives in the crypto industry. The exchange clarified its requirements, including promotion budgets, refundable security deposits, and thorough project reviews. Bybit’s swift, evidence-based response shows a broader industry trend toward rebuilding trust and operational…
Key Takeaways: Homeland Security’s El Dorado Task Force is reportedly investigating Anchorage Digital Bank’s internal practices and policies. The investigation follows a past consent order from the OCC, which cited the bank’s failure to meet anti-money laundering compliance standards. The probe’s timing coincides with Anchorage’s newly announced crypto custody partnership with BlackRock. A branch of…
Key Takeaways: BlackRock and Grayscale shed $503.5M in Bitcoin ETFs last week. Xi-Trump meeting could revive markets as dollar drops. NYT bestselling author Kiyosaki wants investors to choose Bitcoin over traditional currency as the asset holds steady at $84K. Recent data revealed that 12 U.S. Bitcoin ETFs recorded outflows of $708.9 million. At the heart…
The US Securities and Exchange Commission (SEC) has delayed decisions on two proposed amendments related to crypto exchange-traded funds (ETFs), extending review periods for both staking and in-kind redemption models into June 2025. The new timelines apply to Grayscale’s Ethereum (ETH) staking filing and VanEck filings for in-kind redemptions on Bitcoin (BTC) and Ether ETFs.…
Metaplanet has once again reinforced its commitment to Bitcoin, acquiring an additional 319 BTC worth approximately $26.3 million at an average price of $82,549 each. This latest buy brings the company’s total Bitcoin holdings to 4,525 BTC, valued at about $386.3 million. Relentless Bitcoin Accumulation The publicly traded company listed on the Tokyo Exchange has…
Key Takeaways: Fine particle pollution from U.S. Bitcoin mining facilities travels across state lines. Fossil fuels drive most mining-related emissions. Experts urge federal action to close regulatory gaps. A newly published peer-reviewed study has raised alarms over the environmental and public health impact of Bitcoin mining in the U.S. According to the research, emissions from…