Tag: Cryptonews

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SEC Chair Paul Atkins Signals Friendlier Stance Toward Crypto At Wyoming Event

SEC Chair Paul Atkins said on Tuesday that only a small number of tokens should be treated as securities, marking a shift from the...

SoFi To Use Bitcoin Lightning and UMA For Low-Cost International Transfers Starting In Mexico

SoFi Technologies will let customers send money overseas using Bitcoin and a Universal Money Address, the company said on Tuesday. The move makes SoFi...

Trump Jr’s Thumzup To Buy Dogecoin Mining Firm In All-Stock Transaction Valued At 30.7M Shares

Thumzup Media Corp (NASDAQ: TZUP) and Dogehash Technologies announced today that Thumzup will buy Dogehash in an all-stock deal. The two companies stated that...

Tether Appoints Former Trump Crypto Adviser Bo Hines To Lead U.S. Operations

Tether, the world’s largest stablecoin issuer, has appointed former White House crypto adviser Hines to run its U.S. operations. Hines left the Trump administration...

Cathie Wood’s Ark 21Shares Sells 559.85 Bitcoin Worth $64.4 Million In Recent Trade

Ark 21Shares sold 559.85 BTC, valued at $64.4 million, in a recent transaction, the firm reported. The move was carried out by Ark 21Shares,...

Figure Technology Solutions Files For U.S. IPO, Will Seek Nasdaq Listing As FIGR, Amid Rising Crypto IPOs

Figure Technology Solutions, a New York-based blockchain lending firm, filed for an initial public offering in the U.S. on Monday, stating it will seek...

Crypto Trader Turns $125K Into $6.8M of Profit After Long-Term Long Position on Ethereum ($ETH)

A trader on Hyperliquid grew a $125K deposit into $29.6M in about 4 months by piling into long bets on ETH, Lookonchain reported. The...

Crypto Service Provider Amdax to Launch AMBTS Bitcoin Treasury Firm and Plans to Own 210,000 BTC

Amdax, an Amsterdam-based crypto service provider, said on Monday it will set up a Bitcoin treasury company called AMBTS and aim for a listing...

South Korea’s FSC To Unveil Regulatory Framework For Won-Denominated Stablecoins This October

The Financial Services Commission of South Korea will present a bill on won-backed stablecoins in October in Seoul. The move comes as the government...

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...

Story Co-founder Jason Zhao Steps Down To Launch New AI Project Poseidon

Jason Zhao, co-founder of Story, said he is leaving his full-time role to become a strategic adviser and to work on a new AI...

UK Crypto Exchange Lykke Shut After £17M Crypto Theft Linked To North Korea Hackers

North Korea-linked hackers are accused of stealing £17m in cryptocurrency from Lykke, a trading platform registered in the UK. The theft occurred last year...