Binance has appointed SB Seker as its new head of Asia-Pacific operations, tasking him with strengthening regulatory relations and driving strategic growth in the region. Seker’s appointment comes amid significant regulatory pressure on the exchange, including an order from AUSTRAC for an external audit of its Australian subsidiary due toContinue Reading
Customers can convert savings into DCJPY tokens, targeting returns of 3–5% from securities. The deposit token differs from stablecoins by running on a permissioned bank-managed blockchain. Japan’s government is advancing digital finance rules, including stablecoin licences and ETF considerations. From FY2026, Japan Post Bank customers will be able to convertContinue Reading
California Governor Gavin Newsom announced plans to launch a “Trump Corruption Coin” memecoin as part of his Campaign for Democracy. The coin launch aims to highlight what Newsom calls the “absurdity” of Trump’s controversial cryptocurrency dealings and potential conflicts of interest. Trump transformed from crypto skeptic to supporter during hisContinue Reading
Trading intensified before WLFI’s 1 September unlock, lifting both volume and open interest. Futures slipped from US$0.40 to US$0.32, with Binance leading activity. 20% of presale tokens unlock 1 September, raising questions over Trump’s stake. Trading activity in World Liberty Financial (WLFI) derivatives has intensified ahead of the project’s firstContinue Reading
Eleven police officers and a parliamentarian are among 14 people sentenced to life in prison in India for their 2018 kidnapping and extortion of 34 Bitcoin from a businessman. The kidnappers, led by the local superintendent of police and a member of India’s Legislative Assembly, attempted to extort the businessmanContinue Reading
The total stablecoin market has grown to an all-time high of US$280 billion, doubling in size since the beginning of 2023, with projections from McKinsey analysts seeing it grow to over US$2 trillion by 2028. The growth and institutional adoption are largely attributed to the passage of the GENIUS ActContinue Reading
Memecoin launchpad Pump.fun has spent over US$65 million to buy back its native PUMP token, using revenue generated from memecoin fees in an effort to curb selling pressure and stabilise its price. The buyback strategy appears to be working, as PUMP is up over 30% in the last month, despiteContinue Reading
Joseph Lubin, co-founder of Ethereum, is predicting that Wall Street financial firms will begin operating directly on Ethereum’s infrastructure, running validators and launching their own Layer-2 and Layer-3 blockchains. Lubin’s optimistic outlook is supported by a significant increase in institutional adoption this year, with companies like Bitmine Immersion and SharpLinkContinue Reading
Numerai secures US$500M (AU$765M) commitment from JPMorgan, doubling current AUM. Crowdsourced AI models staked with Numeraire tokens guide trading and investment strategies. JPMorgan’s involvement strengthens institutional legitimacy for crypto-integrated hedge fund operations. Crowdsourced hedge fund Numerai has secured a pledge worth US$500 million (AU$765 million) from JPMorgan Asset Management, moreContinue Reading
EasyA co-founder Dom Kwok predicts XRP ETFs could attract record inflows due to affordability and global reach. ETFs simplify access for new investors, with just 7% of the world currently owning digital assets. With SEC deadlines in October and strong futures demand, analysts expect billions in potential XRP ETF inflows.Continue Reading
