Vaibhavv Ali
A South Korean police superintendent (“F”) and a senior officer (“G”) have been indicted and removed from their positions for allegedly accepting bribes from operators of an illegal private crypto exchange that laundered $186 million (249.6 billion won) from voice phishing scams. Details of the Allegations: Superintendent “F” allegedly received $59,000 (79 million won) between … Read more
Bybit has officially announced support for USDT0 on the Mantle Network, marking a significant step towards seamless, cross-chain stablecoin transfers. This integration establishes Mantle as the largest exchange-linked Layer 2 (L2) network. Key Highlights of the Partnership: Unified Liquidity Standard: The collaboration aims to position Bybit and Mantle at the forefront of unified stablecoin liquidity … Read more
The cryptocurrency market is seeing a significant shift in capital, with Bitcoin (BTC) spot ETFs experiencing negative outflows (losing $151 million in the last 24 hours), while major altcoins like Ethereum (ETH), Solana (SOL), and XRP are attracting substantial capital through their own exchange-traded products. This trend is set to accelerate as five new spot … Read more
Visa and digital asset infrastructure firm Aquanow announced a new partnership on November 27th aimed at enhancing financial settlements using stablecoins, particularly within the Central and Eastern Europe, the Middle East, and Africa (CEMEA) region. Key Collaboration Details Goal: To expedite cross-border transactions, increase transparency, and improve efficiency in payment settlements for financial institutions. Technology: … Read more
Securitize is accelerating the global tokenization of real-world assets (RWAs) by confirming its next major infrastructure platform will debut in Europe, built on the Avalanche blockchain. Key Developments and EU Regulatory Milestone Securitize has secured full regulatory clearance from the European Union (EU) to launch its new Trading and Settlement System (TSS) across all 27 … Read more
Grayscale has officially initiated the process to convert its existing Zcash Trust into the first U.S. spot Zcash Exchange-Traded Fund (ETF), planning to list it on NYSE Arca under the ticker ZCSH. This mirrors the strategy Grayscale successfully employed to launch the first U.S. Bitcoin spot ETF in 2024. Key Details of the Proposed ETF … Read more
The World Federation of Exchanges (WFE), which includes major players like Nasdaq and Deutsche Boerse, has issued a strong warning to the U.S. Securities and Exchange Commission (SEC) against granting an “innovation exemption” to unregistered crypto companies. Why Exchanges Are Concerned Bypassing Regulation: WFE CEO Nandini Sukumar stated that the SEC must avoid allowing crypto … Read more
Xapo Bank has opened its Xapo BTC Credit Fund to all eligible members following a successful early-access phase that secured $100 million in member allocations. This expansion is a significant move in the bank’s strategy to create a full suite of regulated wealth-management tools for long-term Bitcoin holders. Key Features of the BTC Credit Fund: … Read more
While the broader crypto market is up over 3.5%, Hedera (HBAR) is lagging, showing only a 2.2% gain today and remaining 37% down over the last three months. This gap raises questions about whether HBAR is simply delayed or fundamentally failing to join the market recovery. Technical Signals Suggest a Late Entry Bullish Crossover: The … Read more
Despite a nearly 20% drop in price over the past week, strong fundamental confidence is emerging for Zcash [ZEC], suggesting the digital asset’s outlook is better than its price chart indicates. Major Institutional Bet on ZEC Strategic Shift: Reliance Global Group has made a bold move, completely shifting its entire Digital Asset Treasury (DAT) into … Read more