Up to 3.1% APY is now on tap for UK crypto savers after Bitstamp staking services quietly went live on May 27, seizing on Westminster’s January move to free staking from collective investment rules. The question’s been answered. UK customers, you can stake $ETH and $ADA on Bitstamp! It’s simple, secure, and sorted in just […]
Bitstamp Staking Launches in UK, Offering 3.1% ETH Rewards – What’s the Risk? Read More »
SharpLink Gaming (Nasdaq: SBET) has landed a $425 million private investment in a public equity deal, with blockchain leader Consensys Software Inc. leading the charge in a major move for the sports betting and iGaming company. Shares of SharpLink Gaming skyrocketed by 468% following the announcement on May 27. As part of this latest move,
Sharplink Deal: Consensys Fuels $425M PIPE, Shares Rocket 468% on ETH Bet Read More »
The Bank of Korea (BOK) is exploring the integration of central bank deposit tokens with public blockchain networks. Deputy Governor Lee Jong-ryeol outlined the bank’s vision during the ‘Blockchain Leaders Club’ event on Tuesday. “We are considering a plan to link the Bank of Korea’s deposit tokens with the public blockchain system,” Lee said, according
Bank of Korea Plans to Integrate Deposit Tokens on Public Blockchain Networks Read More »
Key Takeaways: Dubai has launched its first government-backed tokenized real estate platform to modernize property investment and make ownership more accessible. The platform plans for global expansion and seeks to tokenize 7% of Dubai’s real estate market, approximately $16 billion by 2033. The system integrates directly with Dubai’s land registry and uses the XRP Ledger
Key Takeaways: Report links senior Cambodian officials to supporting a massive scam ecosystem powered by forced labor and digital currencies. The alleged network is anchored by the Huione Group, whose platforms facilitate illicit transactions. Cambodia’s scam operations are reportedly spreading beyond major cities into rural provinces. Senior Cambodian government officials are allegedly tied to a
On January 31, 2024, leading U.S. banking trade groups, including the American Bankers Association (ABA), the Bank Policy Institute (BPI), and the Securities Industry and Financial Markets Association (SIFMA), sent a formal petition to the U.S. Securities and Exchange Commission (SEC) requesting that it withdraws a controversial cybersecurity incident disclosure rule. The petition, submitted on
Key Takeaways: The capital raise would substantially expand Trump-affiliated crypto holdings beyond previously disclosed ventures. Legal experts are assessing how existing ethics and disclosure statutes apply to assets held in revocable trusts controlled by relatives of sitting presidents. Financial market analysts say the scale of the raise could affect liquidity in major digital assets if
Trump Media Plans $3B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms Read More »
In a bold bet on Bitcoin’s DeFi future, Changpeng Zhao (CZ)–backed YZi Labs—formerly Binance Labs—has made an undisclosed investment in Avalon Labs, a fast-rising platform building on-chain capital markets powered by BTC. In an X post on May 26, the firm said the project is building financial infrastructure around BTC-collateralized lending, stablecoin USDa, savings products,
CZ’s YZi Labs Ignites Avalon, Bitcoin DeFi’s $500M Ecosystem Read More »
Coinbase is facing a class action lawsuit from shareholders who allege the crypto exchange failed to promptly disclose a serious data breach and a regulatory violation, both of which contributed to a drop in the company’s stock price. The lawsuit, filed Thursday in the US District Court for the Eastern District of Pennsylvania, claims investors
Coinbase Investors File Suit Over Alleged Mishandling of User Data Leak Read More »
Key Notes Mihailo Bjelic is stepping away from the Polygon Foundation to pursue other endeavors. Currently, Sandeep Nailwal is the only co-founder on the Polygon Foundation board. POL price has recorded a 4% drop after the announcement. Mihailo Bjelic, one of the co-founders of Polygon, has decided to step down from the board of the
Is Polygon In Distress? Mihailo Bjelic Is Third Founder to Exit Read More »
