A New York Times report has disclosed that the US Securities and Exchange Commission (SEC) is investigating Coinbase. The report published on May 15 stated that the SEC is investigating whether claims of having over 100 million users are misrepresentations. According to the report, the investigation started under the Joe Biden administration when Gary Gensler … Read more
DDC Enterprise Ltd. (NYSEAM: DDC), a Chinese publicly traded company, reported record 2024 financial results and announced plans to acquire 5,000 bitcoin ( BTC) over three years as part of a new corporate reserve strategy. The initiative includes an immediate purchase of 100 BTC, with a goal to hold 500 BTC within six months. NYSEAM-Listed … Read more
Key Points: Fed Chair Jerome Powell leads policy framework review amid changing economic dynamics. Results may announce around August or September 2025. Aims to address future inflation volatility, impacting financial markets. Federal Reserve Revamps Policy Framework for Economic Changes by 2025 Federal Reserve Chairman Jerome Powell announced on May 15, 2025, that the central bank … Read more
Bitlayer, a bitcoin Layer 2 based on the BitVM paradigm, and Sui blockchain have teamed up to make bitcoin (BTC) more useful in the Sui ecosystem. The collaboration involves Sui integrating Bitlayer’s BitVM bridge to launch Peg-BTC (YBTC), a Bitcoin-backed token, on its platform, according to an exclusive announcement shared with CoinDesk. It allows bitcoin … Read more
Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become … Read more
Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become … Read more
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers, Peel Chains, Hermès Birkin Bags, and Stuffed Animal Cash Shipments The indictment, announced by … Read more
Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation. Speaking at the Consensus conference in Toronto on May 15, Grewal said there had been “hiccups” in Congress since the Senate Banking Committee voted … Read more
Have you heard the buzz around Decentralized Finance (DeFi)? It’s more than just a trend; it’s a movement fundamentally changing how we think about money and financial services. Imagine a world where anyone, anywhere, can access banking, loans, and investments without needing traditional intermediaries. That’s the promise of Decentralized Finance. This isn’t just theoretical. The … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In spite of waning market conditions, Bitcoin has held strongly above the $103,000 price mark, demonstrating its robust resilience and the strength of its recent upward trend. Following the slight pullback in Bitcoin’s price, seasoned BTC investors are exhibiting a worrying trend … Read more