Categoria: Uncategorized

South Korean fintech giant KakaoPay crashed 17% on June 27 as trading resumed after the Korea Exchange suspended the stock for the second time in a week due to rising skepticism about won-pegged stablecoin. According to Bloomberg, the exchange designated Kakaopay as an “investment risk” due to extreme volatility, but the underlying cause runs much…

The Financial Action Task Force (FATF) has issued a sharp warning about the growing use of cryptocurrencies by sanctioned states to fund weapons programs. In a report published June 20, the global financial crime watchdog urged countries to close regulatory gaps that are allowing illicit finance to thrive in the digital asset space. According to…

Following the success of Circle Internet Group’s (NYSE: CRCL) initial public offering (IPO), a number of crypto companies have begun hinting at going public in the United States. On June 5, Circle – the issuer of the USDC stablecoin – raised $1.1 billion in its public debut. This well exceeded expectations, marking a record-setting 167%…

Bolt, the checkout and payments platform, launched Bolt Connect to revolutionize marketplace onboarding while simultaneously introducing stablecoin payment support. The dual announcement put Bolt at the forefront of a massive industry transformation that has seen stablecoin market capitalization reach $228 billion. We just launched two major upgrades to accelerate commerce’s next leap:StablecoinsBolt Connect for marketplacesHere’s…

Chinese brokerage GF Securities has teamed up with HashKey to roll out tokenized securities denominated in US dollars, Hong Kong dollars, and offshore yuan, marking a fresh milestone in Hong Kong’s ambition to cement its status as a global crypto hub. Key Takeaways: GF Securities and HashKey have launched GF Token, offering daily-yielding tokenized securities….

Blockchain investigator ZachXBT has linked a major exploit affecting several NFT projects connected to Pepe creator Matt Furie to a group of suspected North Korean IT workers. According to his analysis, the attacks led to the loss of over $1 million across multiple platforms, including ChainSaw-related projects Replicandy and Peplicator, with around $310,000 stolen from…

The Aptos (APT) layer-1 blockchain has successfully penetrated the crucial $5 psychological resistance level for the second time this June, reigniting bullish sentiment as exchange-traded fund (ETF) developments gain momentum. Following its dramatic decline from $8 in February, APT has remained constrained within a $4.19 – $6.08 trading range, forming double bottoms in April and…

The AI token sector is facing a massive crash, with Sahara AI plummeting 74% from its $0.3264 all-time high just one day after launch, and Humanity Protocol crashing 87% from $0.1575 within 48 hours. Sahara AI, the Ethereum-based project, gained 40,389% following its Binance listing before crashing 73% within 11 hours. Source: CoinMarketCap Despite listings…

Key Takeaways: The FHFA has directed Fannie Mae and Freddie Mac to explore the use of cryptocurrency in mortgage asset verification. Industry insiders said the move may allow digital assets to be counted as collateral in home loan underwriting. Analysts warn that introducing crypto could mirror pre-2008 lending risks due to volatility and unclear guidance….

While the Midnight sidechain supports a bullish long-term fundamental outlook, technical indicators signal a potential sell-off risk clouding the near-term Cardano price prediction. At its core, Midnight addresses the growing demand for confidential transactions and data protection within the Cardano ecosystem, widely interpreted as a major catalyst for mass adoption. It unlocks new developer tools…