Global

Zipmex, a prominent cryptocurrency exchange in Thailand, has suffered a major blow after losing its operating license from the country's Securities and Exchange Commission (SEC). This decision comes amidst mounting financial strain for the exchange, raising concerns for its users and the broader Thai crypto market.

The "meme stock" sector is experiencing a brutal sell-off, with GameStop (GME) at the epicenter of the carnage. GME's share price has plunged a staggering 60% in just two days, wiping out a significant portion of the gains seen during a recent rally.

The world of Bitcoin continues to see positive developments as DeFi Technologies, a company at the forefront of decentralized finance (DeFi), has announced a significant investment in the leading cryptocurrency. This move is seen as a major win for Bitcoin and further strengthens its position in the financial landscape.

Robert Kiyosaki, the author of the financial self-help bestseller "Rich Dad Poor Dad," has once again sparked debate with his bullish stance on Bitcoin. Kiyosaki claims Bitcoin is the easiest path to becoming a millionaire, contrasting it with the challenges of entrepreneurship.

Metaplanet, the Japanese company focused on bridging the gap between Web2 and Web3, saw its shares surge again today after announcing its third million-dollar purchase of Bitcoin. This latest investment follows a similar strategy employed by MicroStrategy, a company known for holding a significant amount of Bitcoin in its treasury reserves.

Polygon, a layer-2 scaling solution for Ethereum, has recently surpassed its parent blockchain in a critical area: active user base. This achievement, while not a direct threat to Ethereum's dominance, marks a significant milestone for Polygon and its native token, MATIC.