KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces $300M Penalty
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market...
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Wintermute Eases Trading of the ‘U.S. National Digital Asset Stockpile’ Narrative
Crypto market maker Wintermute’s Singaporean derivatives trading entity Wintermute Asia has introduced a contract for difference (CFD) linked to the GMCI USA Select Index, enabling traders to swiftly adapt to evolving market narratives, especially concerning the potential establishment of a strategic digital asset reserve. The index tracks the performance...
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WazirX to pay 80% of the stolen customer funds, rules Singapore High Court: community backlash
Singapore High Court has accepted WazirX’s reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court’s decision, many victims remain suspicious!...
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Retail CBDCs fail to address real consumer needs, survey shows
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many…...
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Shiba Inu rival at $0.175 could reach $5 before SHIB surges
Investors shift focus from Shiba Inu to a new contender leveraging real-world asset tokenization for transformative market potential. #partnercontent...
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Snake-Themed Crypto Shoots Up Impressive 183868% Ahead Of Lunar New Year, But Here’s Why You Should Be Wary Of This Serpent
Snake-themed cryptocurrencies skyrocketed ahead of the Lunar New Year, ushering in the Year of the Snake. What happened: In just nine hours after its launch, the BNB Chain (CRYPTO: BNB)-based Year of the Snake token surged by 183868% to a market valuation of $48.19 million, according to CoinMarketCap. However,...
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Bitcoin ETFs switch back to outflows as China’s DeepSeek spooks investors
Spot Bitcoin exchange-traded funds in the United States shifted back to outflows for the first time since President Donald Trump’s inauguration, triggered by the global adoption of the Chinese AI app DeepSeek, which spooked investors and led to massive liquidations…...
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Industry concerns grow over TRUMP token, but Lightchain AI gains credibility
As TRUMP Token faces rising skepticism, Lightchain AI emerges as a credible contender with its utility-focused approach to blockchain and AI solutions. #partnercontent...
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Bitcoin Reclaims $103K as Second Phase of Price Discovery Begins: Analyst
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt...
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Over $800 Million In Crypto Longs Rekt As Bitcoin, Ethereum Crash
Data shows the cryptocurrency derivatives sector has seen a mass liquidation event in the past day as Bitcoin and other assets have crashed. Crypto Market Has Seen A Long Squeeze In The Last 24 Hours According to data from CoinGlass, a large amount of contracts have been liquidated during...
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