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Hong Kong will introduce a more detailed virtual asset policy framework by the end of the year, as the city continues to refine its approach to Web3 and related technologies, Financial Secretary Paul Chan said on Monday. Speaking at the Hong Kong Web3 Festival, Chan said the forthcoming policy statement will expand on the government’s…

Investor Cathie Woods’ Ark Invest has purchased additional Coinbase (COIN) shares worth $13.4 million across three of its exchange-traded funds. The investment management giant bought over 83,157 shares of Coinbase, taking Coinbase’s closing price on Friday. According to the company’s latest disclosures, ARK Innovation ETF (ARKK) purchased 54,988 shares worth $8.8 million. Two other ETFs…

A crypto token launched by MMA fighter and entrepreneur Conor McGregor failed to meet its fundraising target during a presale that concluded on April 6, prompting the developers to issue full refunds to participants. The $REAL token, developed by the Real World Gaming DAO (RWG), raised $392,315 in USDC over a 28-hour sealed-bid auction—less than…

Bitcoin fell sharply over the weekend, sliding 6% to $77,730 as a wave of market volatility swept through global markets following newly announced tariffs by US President Donald Trump. The broader sell-off last week pushed US equities to their steepest decline since 2020. The ripple effect quickly spread to digital assets. The leading cryptocurrency, which…

In a bold move, MMA champion Conor McGregor has officially entered the crypto arena with the launch of his meme coin, “REAL.” The project, released on April 5, promises to offer more than just celebrity hype, positioning itself as a token rooted in transparency, integrity, and long-term vision. McGregor’s new venture arrives amid a renewed…

Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against global cryptocurrency exchange OKX, alleging it has been operating in the country without the required license since October 15, 2021. According to the complaint, OKX, operated by Aux Cayes Fintech Co. Ltd., has been offering digital asset exchange services to Thai users unlawfully….

Revenue across major decentralized finance (DeFi) protocols saw a sharp decline in March, reflecting a broader slowdown in on-chain activity and trading volumes across multiple blockchains. According to industry data, Solana-based DeFi platforms such as Pump.fun, Jito, and Raydium collectively brought in around $42 million in March, down 55% from February and a steep 75%…

Traders on the Kalshi prediction market are placing a 61% probability on the United States entering a recession in 2025, following President Donald Trump’s sweeping tariff order announced on April 2. The figure is based on the standard definition of a recession—two consecutive quarters of negative GDP growth—as tracked by the U.S. Department of Commerce….

SIL (Silver Miners ETF) is a financial instrument crafted to track the performance of silver mining companies. It provides investors with a convenient avenue to tap into the silver market without the need to acquire physical silver or individual mining stocks directly. By distributing investments across various companies in the sector, SIL helps diversify risk,…

The U.S. Securities and Exchange Commission (SEC) announced new guidelines on April 4, stating that certain fiat-backed stablecoins will be classified as “non-securities,” thereby exempting them from transaction reporting requirements. The updated classification marks a pivotal moment in the regulatory landscape for digital assets, offering much-needed clarity for stablecoin issuers and market participants. According to…