Cambodia extradites billionaire Chen Zhi to China over a global crypto scam tied to forced labour and a record $15B bitcoin seizure. Cambodian authorities recently extradited billionaire Chen Zhi to China to face charges for a massive crypto scam. This move follows his arrest on January 6 alongside two close business associates. The 37-year-old head […]
BNB Chain added $4.5B in weekly market cap as most tokens rose, while BNB slipped below $900 amid muted on-chain activity this week. Risk appetite returned to parts of the crypto market this week, pushing the BNB Chain sector back into growth territory. Improving macro signals and broader industry sentiment supported gains across most BNB-based […]
Stripe collaborates with Crypto.com to enable millions of companies across the world to receive crypto payments with stablecoin support and automatic fiat conversion. The new collaboration between Stripe and Crypto.com will transform the process of companies accepting transactions related to digital assets, allowing millions of merchants to take crypto as payment without inconvenience. In its […]
Key Insights: The entire ZCash core development team has split from the nonprofit Bootstrap after a major governance dispute. As a result, ZEC plummeted over 15% in a single day as investors reacted to the sudden news. Technical indicators are now showing a breakdown below major support levels with a downside target sitting near the […]
NIGHT Cardano token hits 20,700 holders with 3,000 newcomers. Technical analysis and price targets show positive momentum in the future. The Cardano ecosystem saw a massive upsurge in numbers. The number of holders of $NIGHT increased to the milestone of 20,700, which was a major milestone of the native token. The surge, according to a […]
RAKBank has obtained an authorization from the Central Bank of the UAE (CBUAE) to issue a stablecoin pegged against the dirham. RAKBank will enter the stablecoin market of the UAE on Wednesday, having won in-principle approval. The UAE central bank has given the green light to the proposal for a dirham-backed payment token by the […]
Strategy’s stock rises 5% after MSCI delays decision on excluding digital asset treasuries, providing relief to crypto firms. Strategy’s stock jumped 5% after MSCI decided to delay its decision on removing digital asset treasuries (DATs) from indexes. The decision came after months of uncertainty, particularly concerning the future of companies like Strategy, which holds substantial […]
Here’s why Bitcoin is dropping as the Dow Jones hits 49,000 after major stock surges following Maduro’s capture. The global financial sector is currently in the midst of something unusual. While traditional stock markets are celebrating new all-time highs, the cryptocurrency market is in the midst of a localized correction. In just three hours this […]
South Korea plans preemptive crypto account freezes to curb money laundering, market manipulation, and illegal fund transfers. South Korean financial authorities are moving fast to change how they police digital assets. Reports from 6 January indicate that the Financial Services Commission (FSC) is weighing a major policy change. This plan involves “preemptive” crypto account freezes, […]
India’s financial watchdog expands crypto oversight, enforcing strict AML rules while penalizing violations to strengthen transparency and compliance nationwide. India’s Financial Intelligence Unit has tightened crypto oversight after registering 49 exchanges during FY 2024–25. Notably, user-facing enforcement increased as the penalty reached INR 2.8 billion previously. Meanwhile, the move indicates greater surveillance of digital asset […]
