Standard Chartered, Animoca, and HKT to Develop HKD-Pegged Stablecoin
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have partnered to establish a joint venture (JV) focused on issuing a Hong Kong dollar-backed stablecoin. The JV intends to apply for a license under the Hong…
Racist meme coins proliferate, here’s how
The cryptocurrency sector is a breeding ground for viral, community-driven projects, but the rise of racist meme coins has ignited debates about the limits of decentralization. This issue is gaining renewed attention after rapper Kanye West, who now goes by…
Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement?
Key Takeaways El Salvador paused its daily Bitcoin purchases, according to on-chain data. The IMF agreement requires El Salvador to scale back Bitcoin initiatives and make acceptance voluntary for businesses. Share this article El Salvador’s daily Bitcoin purchase strategy appears…
This Week In Crypto Asia: Kraken Eyes India Return
Popular crypto exchange Kraken could be preparing for a potential re-entry into the Indian market after being banned last year. According to local media reports dated 20 February 2025, Kraken is in discussions with India’ Financial Intelligence Unit (FIU) to…
Bitcoin Stable, Ethereum Declines, Niche Tokens Rally
The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in…
Bybit launches $140m bounty to track down crypto heist
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is offering a massive bounty to crack crypto’s largest theft in history. The exchange is pledging 10% of recovered funds—potentially up to $140 million—to cybersecurity experts and blockchain analysts who help…
Bybit hit with $1.4 billion hack targeting its Ethereum cold wallet
Key Takeaways Bybit lost $1.4 billion due to a phishing attack impacting a cold wallet. The attack involved mETH and stETH tokens swapped for ETH through a sophisticated scheme. Share this article Crypto exchange Bybit has confirmed a massive hack…
Kaito AI Airdrop Launch: Impressive KAITO Price Recovery After A Dramatic Start
Kaito AI, the AI-powered InfoFi platform, finally launched its long-awaited KAITO token airdrop. Billed as a revolutionary step in tokenizing social media engagement through its “Yaps” system, the event was met with a whirlwind of anticipation and subsequent disappointment, as…
Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates
The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and analyzed by CryptoQuant, the number of Binance Pay users tripled…
SEC waves white flag on OpenSea probe, CEO says ‘this is a win’
The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration. OpenSea co-founder and CEO Devin Finzer shared…
