Blockchain News

CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

Leave a Comment / Blockchain News, Hong Kong, tokenization /

CPIC Investment Management (Hong Kong) (CPICIMHK), the investment management subsidiary of China Pacific Insurance Group (CPIC), has launched its CPIC Estable MMF, the first tokenized USD money market fund under Hong Kong’s Securities and Futures Commission (SFC) regulated fund structure framework. CPICIMHK is regulated by a number of relevant entities under the laws of Hong […]

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Terraform Labs Creditors Can File Crypto Loss Claims from March 31

Terraform Labs Creditors Can File Crypto Loss Claims from March 31

Leave a Comment / Blockchain News, Terra Luna, Terraform Labs /

Terraform Labs (TFL), the company behind the collapsed stablecoin TerraUSD (UST), announced on Friday that its Crypto Loss Claims Portal will open on Monday, March 31, 2025. This move represents the company’s efforts to manage creditor claims following the dramatic UST failure in 2022, which wiped out billions and drove Terraform into bankruptcy proceedings. Further,

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Sei Foundation Eyes 23andMe Buyout to Secure Genetic Data On Blockchain

Sei Foundation Eyes 23andMe Buyout to Secure Genetic Data On Blockchain

Leave a Comment / Blockchain, Blockchain News, Decentralization /

The Sei Foundation, the nonprofit behind the Sei blockchain, said Thursday that it is considering acquiring bankrupt genomics firm 23andMe. The goal, it said, is safeguarding genetic privacy for 15m Americans by securing their data on blockchain. 23andMe, launched in 2006, became popular for affordable at-home genetic testing kits. These kits offer users insights into

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US Government Seizes Crypto Funds Allegedly Earmarked for Hamas

US Government Seizes Crypto Funds Allegedly Earmarked for Hamas

Leave a Comment / Blockchain News, DOJ, USA /

The US Justice Department announced Thursday that it has seized $201,400 in crypto traced to fundraising addresses controlled by Hamas, marking a targeted strike against the group’s financing network. According to a statement, investigators identified the seized funds as Tether (USDT) that flowed through addresses used to launder more than $1.5m in virtual currency since

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‘The Worst Quarter in History’: Crypto Lost .64 Billion to Hackers in Q1 2025

‘The Worst Quarter in History’: Crypto Lost $1.64 Billion to Hackers in Q1 2025

Leave a Comment / Blockchain, Blockchain News, Fraud, Hack /

In the first three months of 2025, the crypto ecosystem lost a whopping $1,635,933,800 across 39 incidents, according to the blockchain security platform Immunefi. Immunefi’s latest report notes that “Q1 2025 marks the worst quarter for hacks in the history of the crypto ecosystem.” Hacks were behind the majority of the $1.64 amount. Most of

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Trump’s SEC Pick Atkins Pitches ‘Rational, Coherent’ Crypto Policy in Confirmation Bid

Trump’s SEC Pick Atkins Pitches ‘Rational, Coherent’ Crypto Policy in Confirmation Bid

Leave a Comment / Blockchain News, Crypto Regulations, SEC Chair /

Paul Atkins, President Donald Trump’s nominee to chair the US Securities and Exchange Commission, signaled a sharp shift in the agency’s regulatory posture on Wednesday, vowing to implement a “rational, coherent, and principled” framework for digital assets. His remarks, released in prepared testimony ahead of Thursday’s Senate confirmation hearing, position Atkins as a crypto-friendly regulator

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Russian Economist Calls Strategic Bitcoin Reserves a ‘Ticking Time Bomb’

Russian Economist Calls Strategic Bitcoin Reserves a ‘Ticking Time Bomb’

Leave a Comment / Blockchain News, Economics, News, Russia /

A leading Russian economist has warned Moscow against developing a national strategic Bitcoin reserve, calling crypto stockpiles a “ticking time bomb.” Per the Russian media outlet MoneyTimes.ru, the comments came from Valentin Katasonov, the Chairman of the S. F. Sharapov Russian Economic Society and a Doctor of Economics. Russian Economist: Strategic Bitcoin Reserves Talk ‘Like

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Kidnapped Binance Exec Tigran Gambaryan Receives First Ever Hero Award At DC Blockchain Summit

Kidnapped Binance Exec Tigran Gambaryan Receives First Ever Hero Award At DC Blockchain Summit

Leave a Comment / Binance, Blockchain, Blockchain News, News, Tigran Gambaryan /

Key Takeaways: A Binance executive faced harsh conditions during an overseas detention. His summit accolade invites reflection on the personal cost of global crypto work. The incident spurs debate over safeguarding crypto teams in unstable areas. Political and industry responses add complexity to the unfolding story. Tigran Gambaryan, the Binance executive detained in Nigeria in

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SEC to Host 4 Additional Crypto Roundtables as Regulatory Approach Shifts

SEC to Host 4 Additional Crypto Roundtables as Regulatory Approach Shifts

Leave a Comment / Blockchain News, crypto regulation, digital asset, News, SEC /

Key Takeaways: The SEC is opening forums to hear varied views from crypto market players. Organizers seek real-world input to identify policy gaps. Open dialogue could influence future oversight adjustments. The United States Securities and Exchange Commission (SEC) announced on Tuesday that its Crypto Task Force would host four additional public roundtables in Washington, D.C.

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Rumble to Launch Digital Wallet Backed by Tether Investment

Rumble to Launch Digital Wallet Backed by Tether Investment

Leave a Comment / Blockchain News, Chris Pavlovski, Digital wallet, Tether /

Key Takeaways: Rumble is shifting from ad-reliant revenue to direct, crypto-powered payments. The new wallet looks to simplify global payouts for creators in emerging markets. This move reflects broader trends toward decentralization in digital finance. Industry skeptics note execution and regulatory hurdles remain. Rumble is getting into payments. On Wednesday, CEO Chris Pavlovski said the

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