OKX, the cryptocurrency exchange, sought counsel from former New York Governor Andrew Cuomo amidst a federal probe that concluded with the firm pleading guilty and agreeing to a $505 million settlement in fines and penalties. Cuomo, a registered attorney in New York, provided legal advice to OKX following his resignation as governor in August 2021, … Read more
Hedera blockchain’s HBAR Foundation, in partnership with OnlyFans founder Tim Stokely, is making a late bid for TikTok, challenging tech giants like Amazon. With TikTok facing an April 5 deadline to sell its US operations or face a ban, the clock is ticking. HBAR Foundation and Stokely’s startup, Zoop, submitted their Intent to Bid to … Read more
The STABLE Act, designed to regulate USD-pegged stablecoins like Tether (USDT) and Circle (USDC) in the United States, has advanced after a 32-17 vote in the House Financial Services Committee. The legislation aims to establish a clear regulatory framework for stablecoin payments, balancing technological innovation with strong consumer safeguards. Congressman Dan Meuser emphasized that the … Read more
Binance has launched the second edition of its Vote to List initiative, excluding Pi Network and dimming hopes for a near-term listing on the exchange. Pi Network is notably missing from Binance’s Vote to List initiative for the second time. The exchange is moving forward with the decentralized listing program. Currently, Pi Network’s price faces … Read more
The Depository Trust and Clearing Corporation (DTCC) announced on Wednesday it’s diving deeper into crypto with a blockchain-based platform for tokenized collateral management, aiming to bring efficiency and real-time operations to the forefront. DTCC’s new platform seeks to address challenges in traditional systems by tokenizing collateral on blockchain rails, enabling real-time transfers and automation through … Read more
Vana has rolled out VRC-20, a new token standard for data-backed assets, aiming to bring more trust to the data monetization space. Hashgraph is planning a Q3 2025 launch for HashSphere, its private blockchain geared toward enterprises, while ASIC manufacturers are adopting server rack designs, and Gensyn’s CEO, Ben Fielding, discusses decentralized AI. Vana’s VRC-20 … Read more
President Trump unveiled new global tariffs Wednesday, imposing a 10% levy on almost all imports and higher rates on roughly 60 countries with significant trade deficits with the U.S. China faces a 34% reciprocal tariff, the European Union 20%, Vietnam 46%, and Taiwan 32%. Trump stated that foreign nations would “pay for the privilege of … Read more
UK trade bodies are pressing Prime Minister Keir Starmer to prioritize cryptocurrency, projecting a potential £57 billion boost to the UK economy by 2030. Citing the U.S.’s proactive crypto policies under Donald Trump, they advocate for a dedicated crypto envoy to foster investment and innovation. In a letter addressed to Varun Chandra, Starmer’s business and … Read more
China is diving deeper into blockchain, aiming to secure critical data and streamline processes, according to Li Chunlin, deputy director of the National Development and Reform Commission (NDRC). This embrace includes using privacy-focused computing to share credit data and reduce information leaks, as stated by the NDRC. A 2024 analysis spotlights China’s view of blockchain … Read more
Justin Sun is now a Forbes-listed billionaire, joining fifteen other crypto moguls with a combined net worth exceeding $164 billion. According to the Forbes World’s Billionaires List 2025, Sun’s $8.5 billion net worth places him at number 353, despite Arkham Intelligence’s $1.4 billion estimate in January 2024. Changpeng “CZ” Zhao, former Binance CEO, remains the … Read more