Market
Adoption
Cryptocurrency clarified to be personal property in China, remains barred for businesses
Crypto community sees positive signs in China's property status ruling, despite strict business bans.
Crime
South Korea links major crypto heist to North Korea, recovers Bitcoin
South Korea's success in reclaiming stolen crypto marks a breakthrough in combatting North Korean cybercrime.
Technology
Sui network outage triggers 7% price drop despite broader bull market
This major outage disrupted Sui's validators and affected SUI price.
People
Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar
Hoskinson cites Armstrong's leadership at Coinbase as key to overcoming regulatory hurdles and promoting industry unity.
Crypto
Bitwise registers Solana Trust signalling future SEC application for SOL spot ETF
Bitwise's Solana ETF plans build on a 400% surge in assets under management in 2024.
Bitcoin
Bitcoin surges to $97k as market leverage hits historic $63 billion
Bitcoin nears six-figure milestone amid volatile market leverage boom.
DeFi
BIS report on DeFi activity reveals institutional traders heavily outmaneuver retail on Uniswap
Disparity between ideal inclusivity and market reality in DeFi highlighted by BIS report.
Crypto
MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms
MicroStrategy's debt offering signals ambitious Bitcoin acquisition plans and further cements its market position.
Crime
Switzerland regulator warns of rising crypto money laundering risks
FINMA implements institution-specific measures to counter rising crypto-related money laundering activities within Switzerland.
Solana
Memecoin revival drives Solana DEX Raydium past Tether in fees
Solana DEX Raydium sees $30 billion weekly trading, dwarfs Uniswap volumes.
Crime
Crypto phishing scam nets $129 million in USDT then funds mysteriously return
Blockchain firm Scam Sniffer sheds light on how subtle address differences can lead to massive crypto losses amid a recent phishing attempt.
People
Kraken’s founder Jesse Powell backs Brian Brooks for SEC Chair
Kraken founder sees Brooks' crypto-savvy approach aligning with SEC's core mission amidst leadership speculations.
