Analysis
Bitcoin’s whipsaw to $105k wipes out $7B in leveraged positions
Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.
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Regulation
South Korean watchdog squashes rumors of corporate crypto roadmap
South Korea's Financial Services Commission dismissed recent crypto roadmap reports and urged caution in speculative interpretations.
Regulation
Congressman French Hill vows to probe banking exclusion of crypto businesses
Allegations of regulatory bias against crypto prompt House committee to examine industry's banking challenges.
Adoption
Putin says Bitcoin is inevitable, endorses BTC over US dollar as global reserve currency
Russian President Vladimir Putin endorsement of Bitcoin marks a strategic shift in Russia's economic policy, with crypto playing a crucial role in navigating Western sanctions.
ETF
Grayscale files application to convert Solana trust into spot ETF
If approved, the ETF would trade under the ticker symbol GSOL on the New York Stock Exchange, offering investors direct exposure to Solana (SOL).
Exchanges
Coinbase cuts ties with law firms hiring ex-regulators linked to crypto crackdown
Armstrong vows to cut ties with law firms employing former regulators involved in anti-crypto actions.
DeFi
Neon EVM unveils Solana-native framework for Ethereum dApp integration
Neon EVM's Solana-native integration bridges Ethereum dapps with high-performance Solana infrastructure, enhancing cross-chain functionality.
Regulation
South Korean politicians agree to implement 2-year moratorium on crypto taxation
The crypto tax delay marks a pivotal moment in South Korea's regulatory debate amid surging digital asset adoption and economic policy shifts.
Regulation
Former Diem co-founder says Meta’s stablecoin project was a ‘political kill’
Meta's venture into stablecoins via Diem offers lessons on the dynamic friction between technological innovation and political landscapes.
AI
Canadian media giants sue OpenAI over ChatGPT’s alleged copyright violations
Canadian media outlets are seeking protection against unauthorized use of content amid rising AI disputes in their lawsuit against OpenAI.
Hacks
North Korean hackers impersonate tech professionals to steal billions in crypto
North Korean IT operatives use sophisticated AI and malware tactics to fund state nuclear arsenal and evade sanctions.
DeFi
Pump Fun’s livestreaming halt causes 33% dip in revenue
The recent fallout highlights high stakes in memecoin market race as Pump.Fun faces image crisis amid controversies.
Regulation
Hong Kong proposes crypto tax exemptions to rival Singapore as financial hub
The proposal aims to make Hong Kong a top choice for global asset managers by leveraging tax exemptions amid competition with Singapore.
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