South Korea Temporarily Halts CBDC Initiatives as Stablecoins Rise in Popularity
Heightened trading market engagement and the growing acceptance of stablecoins have hindered the South Korean CBDC initiatives. The nation has applied the brakes to its CBDC trial program, which had been in progress since April this year, following the resurgence of stablecoins backed
Polymarket Has Zohran Mamdani Set to Victory in NY Election
Zohran Mamdani decisively defeated Andrew Cuomo in last week's Democratic primary, and now, as per Polymarket, he stands as the leading candidate for mayor of New York. At just 33, the Democratic socialist is initiating what may become the city’s most significant political
Bitcoin Rainbow Chart: The Upcoming 4 Months for Bitcoin Might Transform Everything: Are We Seeing History Repeat Itself?
The Bitcoin rainbow chart illustrates that BTC ▼-0.12% is thriving well above the $100K mark, even appearing affordable. However, an analysis from 99Bitcoin reveals that USDT's circulating supply is hitting a peak, and increasing leveraged shorts indicate we might experience fluctuations in either
Bakkt’s BTC Approach: Firm Submits Filing With SEC To Secure $1 Billion
On 26 June 2025, Bakkt Holdings submitted Form S-3 to the US Securities and Trading network Commission to generate up to $1 billion for its bold new Bitcoin initiatives. Initially introduced in 2018 by Intercontinental Trading platform as a trailblazer in BTC futures,
UAE Company Allocates $100M to Trump-Associated WLFI Token
A UAE-based firm has committed $100 million to the WLFI (World Liberty Financial) Token, associated with Trump. On 26 June 2025, WLFI and Aqua1 Foundation, a Web3-centric investment vehicle, announced their strategic alliance as a strategic initiative aimed at enhancing the blockchain ecosystem
Galaxy Digital Secures More Than $175 Million For Crypto asset Investments
The digital asset and distributed database investment firm, Galaxy Asset Management's Galaxy Digital, has reported that it has secured more than $175 million in capital commitments. These funds are designated for investments in “early-stage companies that are creating essential infrastructure and applications for
Greece Has Just Averted a $1.5Bn Crypto Theft: Here’s How Athens Protected Your Assets
The Greek government has immobilized a crypto asset crypto wallet associated with the unprecedented $1.5 billion breach of the Bybit trading protocol, underscoring the nation's inaugural significant regulatory measure regarding pilfered digital currencies. As reported by Greek announcement sources Proto Thema and Kathimerini,
Ruble-Secured A7A5 Stablecoin Experiences $9.4B Volume on Grinex, Garantex’s Heir
The purported successor to the sanctioned digital currency exchange Garantex, Grinex, has reportedly processed upwards of $9.3 billion in transactions involving the Ruble-backed stablecoin A7A5. There is considerable speculation surrounding the token's applications, particularly since a significant portion of these transactions has been
Kaspa: The PoW Substitute for Bitcoin – Is It Still a Worthwhile Investment?
Recently, there has been a surge of discussion comparing Kaspa to Bitcoin across various online platforms. Is this genuine or merely a trend? The reality is that being a PoW network, Kaspa boasts stronger security compared to the PoS framework and can be