News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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JD Vance Urges Bitcoin Community to Deepen Political Involvement for Geopolitical Advantage
Recently at the Bitcoin 2025 conference in Las Vegas, Vice President JD Vance delivered a keynote address encouraging the Bitcoin community to immerse themselves deeper into politics. Vance emphasized the strategic and geopolitical importance of Bitcoin and called on the US to maintain its leadership in the crypto industry to remain competitive in digital finance.…
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ASIC Takes Legal Action Against Former Blockchain Global Director for Alleged Misconduct
The Australian Securities and Investments Commission (ASIC) has initiated civil proceedings against Liang “Allan” Guo, a former director of Blockchain Global, concerning alleged breaches of his directors’ duties. ASIC accuses Guo of misconduct regarding ACX exchange customer funds, issuing false statements, and failure to maintain appropriate books and records. The ill-fated Blockchain Global managed the…
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Exploring the Prospect of US Government’s Budget-Neutral Expansion in Bitcoin Investment
White House AI and crypto czar David Sacks recently sparked interest amongst cryptocurrency enthusiasts by suggesting that the United States could purchase more Bitcoin, but only if it could be funded in a “budget-neutral” way. The government’s Bitcoin involvement wouldn’t pressure taxpayers or contribute to the national debt. During a May 27th fireside chat with…
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Metaplanet Raising $50 Million Through Zero-Interest Bonds to Boost Bitcoin Portfolio
Metaplanet, a Japanese investment company known for its strategic Bitcoin acquisitions, once again made headlines as it announced raising $50 million through a private placement of zero-interest bonds. The goal of this tactic, as revealed in their May 28 announcement, is to increase the firm’s Bitcoin portfolio further. Each bond is issued in $1.25 million…
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Cetus Decentralized Exchange’s Recovery Plan for $162 Million Lost in Security Breach
Cetus, a decentralized exchange built on the Sui network, is looking to recover funds, amounting to $162 million, that were lost in a recent security breach. The exchange was exploited for over $220 million, primarily in digital assets. However, it managed to freeze $162 million of the stolen funds, pending a community governance vote. The…
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Bitcoin Whales Buying More: Potential Support at $94,000 in Market Correction Scenario
The bitcoin market continues to display interesting trends as Bitcoin whales, or high-volume traders, are buying more of the cryptocurrency while the price is still below all-time highs. Analysts suggest that if a new market correction surfaces, the potential bounce zone may be located in the mid-$90,000 price range. Bitcoin prices have been observed to…
