India’s Financial Intelligence Unit (FIU) has imposed a fine of INR 9 Crores, 27 lakhs (approx. $1 million) on Bybit for violating the Prevention of Money Laundering Act. The government announcement of the fine was released on 31 January 2025. However, the news reported on Bybit’s fine and compliance violations by multiple popular agencies were … Read more
The Thailand International Digital Business & Finance Center has appointed Movement Labs co-founder Rushi Manche and Dao5 founder Tekin Salimi as advisors to advance its blockchain technology. According to local media Kaohoon International, Director of the TIDC, Wai Man Raymond Chu, announced that Salimi and Manche will be joining the center as advisors. He hopes … Read more
The U.S. Securities and Exchange Commission (SEC) has removed Jorge Tenreiro, a prominent legal expert known for leading lawsuits against major cryptocurrency exchanges, from his position and reassigned him to a position in the agency’s information technology office. Tenreiro, who played a key role in shaping the SEC’s legal stance against crypto platforms, was transferred … Read more
The cryptocurrency industry in the United States is witnessing significant regulatory and market developments. Ripple’s USD-backed stablecoin, RLUSD, has secured new listings on Revolut and Zero Hash, expanding its accessibility and strengthening its position in the fintech ecosystem. At the same time, Ripple CEO Brad Garlinghouse has weighed in on the recent press conference led … Read more
Gold prices have broken records once again, inching closer to the $3,000 key level. This phenomenon has been accompanied by an unusual movement of physical gold to COMEX vaults, as investors cling to tangible assets amidst the current geopolitical backdrop. Gold Keeps Shining, Breaks All-Time High Prices Once Again Gold has proven again that is … Read more
Canada’s equities regulator has excluded crypto funds from reduced margin eligibility, citing volatility, liquidity risks and regulatory concerns, making leveraged trading more expensive.
Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk. They confirmed that all customer and treasury assets remain secure in multisig wallets. The attack was limited … Read more
The crypto world is buzzing as Lightchain AI continues to break records with its explosive presale growth. Lightchain AI has already raised over $15.1 million at a presale price of $0.006, attracting strong investor demand within weeks of launch. With its cutting-edge AI-powered blockchain technology, many believe it could be the next big crypto to … Read more
Remarkable network activity and institutional investment have transformed Ethereum into a truly vibrant and renewable force. The surge is so pronounced that nearly all the incoming elements—from new projects to institutional investments—are creating an estimated 80–90% deflationary pressure on Ethereum. Under normal circumstances, this would be an excellent time to buy Ethereum, as the price … Read more
One wild card for EUR/USD this year is what happens in Ukraine. Yesterday the FX market took note of the further rise in Ukraine’s hard currency bonds. Ukraine’s international bonds rallied some two points in price terms (3-4% price returns on the day) amid optimism that negotiations could bring a potential peace deal closer, ING’s … Read more