Terraform faces a new legal fight as its wind-down administrator targets Jump Trading with a $4 billion claim tied to the 2022 collapse of the Terra blockchain. Todd Snyder, confirmed in September 2024 to lead the Terraform Labs Wind Down…
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xStocks brings tokenized US stocks into TON Wallet Telegram
xStocks sits at the center of a shift that brings tokenized U.S. equities inside Telegram, using the TON blockchain and the integrated TON Wallet to turn a chat environment into a place where users move between messages and markets without…
UK Treasury sets out 2027 detailed rules for crypto markets
The UK Treasury plans a full shift in how Britain treats cryptocurrencies, turning them into regulated financial products by 2027. The change brings crypto exchanges, wallets and other service providers under the same rulebook that applies to shares and investment…
Did Hashkey raise $206 million dollars in Hong Kong IPO?
Hashkey has moved from private digital asset champion to public market test case as it prices its Hong Kong initial public offering at HK$6.68 per share, raising about HK$1.6 billion, or roughly $206 million, in fresh capital. The deal lands…
Is J.P. Morgan Asset Management launching a tokenized fund?
J.P. Morgan Asset Management has launched its first tokenized money market fund, called My OnChain Net Yield Fund (MONY), and made it available on the public Ethereum blockchain. The firm runs MONY through Kinexys Digital Assets, a multi-chain asset tokenization…
Terra founder Do Kwon gets 15 year prison sentence now?
Terra founder Do Kwon received a 15-year prison sentence in New York, closing one of the most consequential fraud cases in the short history of digital assets. The court focused on the collapse of the Terra blockchain and its algorithmic…
Will Xiaomi add crypto wallets to smartphones with Sei?
Xiaomi and high performance blockchain Sei have set out a plan to ship a pre installed crypto wallet and discovery application on new smartphones sold across major markets outside mainland China and the United States, positioning the handset maker as…
CZ Declares Bitcoin’s 4-Year Halving Cycle Dead: Welcome to the Supercycle Era
Changpeng Zhao (CZ), founder of Binance, just delivered the statement every Bitcoin trader has been waiting for: “The four-year cycle is over. We are now in a supercycle.” Speaking at Bitcoin MENA in Abu Dhabi and in a widely viewed…
Is Paradigm backing Crown in a $13.5 million Brazil move?
Paradigm has opened a new chapter in its global strategy with a focused move into Brazil, backing stablecoin issuer Crown with a $13.5 million Series A round that values the company at $90 million. This funding marks Paradigm’s first investment…
Is the Central Bank of Argentina Allowing Crypto Services?
The Central Bank of Argentina is preparing one of its most significant policy shifts in years, as it moves to let licensed private banks offer cryptocurrency trading and custody services to retail and institutional clients under a new supervisory framework…