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OKX Ventures, the investment arm of global crypto exchange OKX, has officially announced its strategic investment in USUAL. USUAL is a decentralized stablecoin issuer that claims to redefine the financial landscape through real-world asset (RWA) integration and decentralized governance. USUAL’s approach…
Singapore and Hong Kong have tried to attract crypto businesses this year; however, Singapore has
The Philippine Securities and Exchange Commission (SEC) has published a draft version of its “SEC Rules on Crypto-Assets Service Providers (CASP Rules),” seeking public input. The proposal outlines a regulatory framework for the country’s expanding crypto sector, which has seen rapid…
The Cardano (ADA) price is holding above its 50DMA in the low $0.90s on Monday, as the cryptocurrency market attempts the beginnings of a rebound during a holiday-shortened week. The final trading days are normally bullish in the stock market, with…
Hyperliquid, a prominent on-chain perpetual futures exchange, is under scrutiny following claims of wallet activity linked to North Korean hackers. Following the allegation, the platform token HYPE dropped over 25%, from $34 to $25. The platform assured users that their funds…
President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday. Will Donald Trump Deliver On Crypto Executive Order? According to the December…
The crypto exchange Gate.io is set to return to Japan after sealing a deal to buy the domestic trading platform Coin Master. In a Gate.io blog post, the exchange explained that it had “acquired all of the outstanding shares of Coin…
The South Korean Financial Services Commission (FSC) has denied reports claiming it is about to let companies buy crypto using their balance sheets. Per Hanguk Kyungjae, the FSC told media representatives the reports were “not true.” Will Regulator Let South Korean…
Nokia, the Finnish telecommunications giant, has taken a significant step into digital asset security. The company has filed a patent for a “device, method, and computer program” designed to encrypt digital assets. China’s National Intellectual Property Administration (CNIPA), the country’s official…
Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims, December 20 Los Angeles court documents reveal. Gabriel Hay, Gavin Mayo Arrested For…
Bullish, the parent company of leading cryptocurrency publication CoinDesk, has abruptly dismissed three senior editors, including Editor-in-Chief Kevin Reynolds, amid growing controversy over editorial independence. Fortune reported on Friday that the layoffs also affected Deputy Editors-in-Chief Nick Baker and Marc Hochstein,…
The crypto industry witnessed losses totaling $1.49 billion in 2024 due to hacks and fraud, marking a 17% decrease from 2023. According to a report by blockchain security platform Immunefi, hacks were overwhelmingly the primary cause, accounting for $1.47 billion or…