Tether isn’t just playing in the crypto sandbox anymore—it’s rewriting the rules. Its ongoing Bitcoin buys show a thoughtful strategy that blends crypto with its […]
Category: news
FTX to Begin Repaying Creditors on May 30 After 27-Month Bankruptcy Battle
FTX, the cryptocurrency exchange that collapsed in late 2022, is set to commence repayments to its creditors on May 30, 2025. This marks a significant […]
Sonic Labs Shifts Focus from USD-Pegged Algorithmic Stablecoin to UAE Dirham-Backed Version
Sonic Labs, co-founded by blockchain developer Andre Cronje, has announced a strategic pivot away from its initial plan to launch a USD-pegged algorithmic stablecoin. Instead, […]
South Korean Court Sentences Three Members of Crypto Scam Gang
A South Korean court has sentenced three individuals involved in a cryptocurrency scam that defrauded investors of approximately $416,000. The ringleader received a four-and-a-half-year prison […]
Japan to Classify Crypto as Financial Products and Impose Insider Trading Restrictions
Japan’s Financial Services Agency (FSA) is preparing to amend its Financial Instruments and Exchange Act to classify cryptocurrencies as financial products. This regulatory shift will […]