News

BaFin Bans Ethena’s USDe Token in Germany Over Approval Process Flaws

BaFin Bans Ethena’s USDe Token in Germany Over Approval Process Flaws

Key Takeaways: Experts suggest the suspension may drive crypto firms to innovate in risk management and streamline internal compliance—potentially setting new industry benchmarks. The regulator’s intervention is seen not merely as a punitive measure but as a wake-up call to reassess operational resilience in the evolving digital asset landscape. Market observers believe that such rigorous […]

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US Treasury Removes Tornado Cash From OFAC Sanctions List

US Treasury Removes Tornado Cash From OFAC Sanctions List

The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. “Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments,

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US. SEC Says Proof-of-Work Crypto Mining is Not a Securities Offering

US. SEC Says Proof-of-Work Crypto Mining is Not a Securities Offering

Key Notes The US SEC says Proof-of-Work engagements are not investment contracts. Bitcoin miners including MARA Holdings and Riot Platforms are poised to benefit from this clarification in the long term. President Trump’s SEC Chair nominee Paul Atkins, may resume office soon as a confirmation hearing is set . The United States Securities and Exchange

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US Treasury Removes Sanctions on Ethereum Mixer Tornado Cash

US Treasury Removes Sanctions on Ethereum Mixer Tornado Cash

The U.S. Treasury has officially removed economic sanctions on Ethereum-based transaction mixer Tornado Cash, citing a reassessment of legal and policy issues related to digital financial activities. In a press release the U.S. Treasury said, in a Monday court filing for Van Loon v. Department of the Treasury, officials stated that evolving technology and financial

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Bakkt Announces Akshay Naheta as Co-CEO, Share Jumps 13%

Bakkt Announces Akshay Naheta as Co-CEO, Share Jumps 13%

Key Notes Bakkt has announced a new co-CEO, Akshay Naheta, a former SoftBank executive. BKKT shares have shot up a massive 13% in the past 24 hours, pre-market. The BKKT share faces significant resistance at the $12–$13 price level . Bakkt, an American digital asset and custody firm, saw a significant transformation, bringing on Akshay

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Eric Trump Joins Metaplanet’s Board Of Advisers

Eric Trump Joins Metaplanet’s Board Of Advisers

Metaplanet, Japan’s largest corporate bitcoin holder, has appointed Eric Trump to its newly formed strategic board of advisers. The move aims to advance Metaplanet’s bitcoin adoption mission as bitcoin gains mainstream traction. Metaplanet announced the move on Friday, stating that Trump’s expertise and passion for bitcoin will help drive the company’s goals. As the son

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Base Has Siphoned B From Ethereum, Standard Chartered Says

Base Has Siphoned $50B From Ethereum, Standard Chartered Says

The bank’s analysis also cut the 2025 ether ( ETH) price target by 60% to $4,000, down from $10,000 previously. Standard Chartered: Base Diverts $50B from Ethereum At first glance, it would appear that the success of Base, the top Ethereum layer-two (L2) network by total value locked (TVL) would benefit the Ethereum ecosystem, but

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South Korean Teacher Jailed for Stealing Students’ Money to Buy Crypto

South Korean Teacher Jailed for Stealing Students’ Money to Buy Crypto

A South Korean court has jailed a teacher who stole money from students and their parents to “squander” on crypto purchases. Per the South Korean media outlets Jeju Sori and Newsis, the a branch of the Jeju District Court, on the island province of Jeju, rejected an appeal from the teacher – unnamed and aged

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Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF

Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF

Key Takeaways: The fund merges distinct digital tokens with NFT collectibles for a mixed asset approach. It relies on established blockchain currencies to facilitate transactions. This regulated product offers a new method for investors to combine various crypto holdings. The filing mirrors a growing trend toward unified digital asset solutions. Canary Capital filed its S-1

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Crossmint Secures .6 Million to Facilitate the World’s Onchain Transition

Crossmint Secures $23.6 Million to Facilitate the World’s Onchain Transition

With the participation of Ribbit Capital, Franklin Templeton, NYCA, First Round, Lightspeed Faction, and HF0, Crossmint will accelerate its mission to bring every business and AI agent onchain. Crossmint Raises $23.6 Million to Move Businesses to Blockchain The world is increasingly moving to include blockchain technology, and companies like Crossmint have risen to address this

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