Gemini, Winklevoss Twins Sued By Investors For ‘False’ IPO Claims, Operational Shifts — Crypto Exchange’s Q4 Loss Deepens

Shareholders filed a class action lawsuit against Gemini Space Station, Inc. (NASDAQ:GEMI) and the Winklevoss brothers on Wednesday, alleging that the company misled investors in relation to its Initial Public Offering. ‘False, Misleading Statements’ The lawsuit claimed that Gemini failed to disclose several key issues in the documents supporting its IPO,...
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PEPE Whale Activity Jumps 60%, Among Highest In Market

On-chain data shows Pepe is among the cryptocurrencies that have seen the largest week-over-week increases in the Whale Transaction Count. Pepe Whale Transaction Count Has Witnessed A 61% Jump In a new post on X, on-chain analytics firm Santiment has shared the top 10 list of digital assets that...
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Ethereum Cements RWA Dominance As Amundi Tokenizes $100M SAFO Fund

Amundi, Europe’s largest asset manager, is launching the Spiko Amundi Overnight Swap Fund (SAFO), a tokenized fund on Ethereum and Stellar starting with about $100 million in committed assets. A Traditional Fund With A Tokenized Wrapper Institutions historically related to TradFi have found a way to not to be...
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South Korean Lawmakers Propose Bill To Abolish 22% Upcoming Crypto Tax

South Korea’s opposition party has proposed a bill to abolish the upcoming income tax on crypto assets, citing US regulators’ guidance on asset classification, concerns about double taxation, and inconsistencies with the current tax system. SK Lawmakers Push To Repeal Crypto Taxation On Thursday, local news outlet Digital Asset...
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Crypto Cuts Continue: Algorand Trims 25% Of Workforce

Peter Brandt thinks the crypto market has not hit bottom yet. If he is right, the Algorand Foundation’s decision to cut 25% of its staff may be just one of many similar moves still to come across the industry. A Leaner Team, A Packed Roadmap The Algorand Foundation announced...
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Crypto Crackdown Intensifies: Canada Revokes 47 Licenses

Canada’s financial watchdog fined crypto platform Cryptomus $126 million last October after the company allegedly failed to flag suspicious transactions on 1,068 separate occasions in a single month. A month before that, crypto exchange KuCoin was handed a $14 million penalty for operating in Canada without registering as a...
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Crypto Investors Cheer As South Korea Scraps Punishing Tax Plan

South Korean right-wing lawmakers have proposed a bill to abolish the taxation of crypto assets scheduled to take effect on January 1, 2027. A Long Chain Of Regulation Delays According to Korean outlet Digital Asset, Korea’s main opposition party the People Power Party is advancing a plan that would...
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