First 100 days under President Trump: crypto industry faces new challenges and opportunities
SEC and CFTC leadership reshuffled to favour digital asset regulation. Strategic Bitcoin Reserve created, but without new BTC purchases. WLFI stablecoin launch triggered calls for an ethics investigation. The first…
Tether challenges UN report on USDT’s use in illicit activity
Tether says the UN report and analysis ignored the fact that USDT is traceable on the blockchain. CEO Paolo Ardoino says the stablecoin issuer will continue to collaborate with law…
Gemini to halt services in the Netherlands due to regulatory challenges
Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini’s decision follows a similar move by Binance, which also ceased its activities…
BlockFi challenges FTX and Three Arrows Capital’s $5 billion recovery claims
FTX is attempting to collect funds that BlockFi withdrew from FTX.com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors…
Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges
The highly-anticipated Shibarium layer-2 network is having problems with its bridge contract. Approximately $1.7 million worth of Ethereum is currently stuck on the bridge contract. Shibarium launch was expected to…