Austin Mwendia

Highlights: South Korea’s Supreme Court ruled that the two tokens are not securities under the Capital Markets Act. Prosecutors failed to seize Terraform Labs co-founder Shin Hyun-Seong’s assets due to the court’s decision. Terraform Labs executives still face fraud charges […]

Highlights: Hong Kong is expanding tokenization and stablecoins to boost its Web3 industry. Officials will introduce stablecoin rules that will help to govern virtual assets. Lawmakers are urging the government to act quickly in order to remain competitive. Financial Secretary […]

Highlights: Coinbase is facing a lawsuit for misleading investors about the risk of bankruptcy and the security of assets. The lawsuit claims Coinbase hid the risk of losing customer funds during bankruptcy. Investors accuse executives of selling stock while hiding […]

Highlights: OKX can now offer crypto services to over 400 million customers in 28 European countries. Users in Europe can trade 240 cryptocurrencies and access free Euro deposits and withdrawals. OKX will offer local language support and a secure platform […]

Highlights: Metaplanet will split each share into 10 to lower prices and expand its investor base. The stock split will increase issued shares from 39 million to 392 million. Metaplanet acquired 269 Bitcoin worth $26 million, and the firm now […]

Highlights: Ben Chow resigned from Meteora after allegations of handling LIBRA tokens and poor judgment in core operations. LIBRA token price surged after a mention by Milei but crashed later, causing huge losses for investors. The opposition in Argentina wants […]

Highlights: Standard Chartered, Animoca, and HKT have formed a joint venture to launch a stablecoin. Staticcoin will improve payment efficiency and cross-border transactions in Hong Kong. The stablecoin initiative strengthens Hong Kong’s global digital asset hub position. Standard Chartered, Animoca […]

Highlights: AUSTRAC is taking action against crypto providers who do not follow AML laws and has penalized 13 firms. Several executives are facing legal action, while two major exchanges were removed from the register after filing for bankruptcy. AUSTRAC plans […]

Highlights: The US Senate Finance Committee is investigating Dan Morehead for possible tax law violations after moving to Puerto Rico. Lawmakers are looking if wealthy Americans are misusing the tax break of Puerto Rico to avoid paying federal taxes in […]

Highlights: Tether is working with US lawmakers to come up with rules that will govern stablecoins. The new regulations may require Tether to sell Bitcoin and precious metals to meet stricter reserve asset rules. Tether has ventured into sports by […]

Highlights: TRUMP jumps 28.27%, with analysts predicting a $51 target and smart money inflows boosting confidence. AI16z gains 46.60% as AI altcoins surge after a major AI Summit and whale investments. Notcoin stabilizes after hitting an all-time low, with a […]

Highlights: Vitalik Buterin urges increasing Ethereum L1 gas capacity to support transactions and application development on L2 networks. Expanding Ethereum L1 will lower the cost used for bypass transactions across L2 transfers and mass exits during network disruptions. The Pectra […]