Kyrgyzstan Partners With Binance to Advance Digital Asset Sector and Enhance Financial Literacy

Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of Kyrgyzstan to foster collaboration in advancing the digital-asset sector in the country. The signing took place during the inaugural meeting of the Council for the Development of Digital Assets, attended by President Sadyr Japarov. The MoU aims … Read more

Deribit Targets US Expansion Amid Trump’s Crypto-Friendly Policies

Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after … Read more

Vitalik Buterin Wants to Make Ethereum as “Beautifully Simple” as Bitcoin

Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin and other cryptocurrencies. Buterin proposed a simpler consensus system with … Read more

Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million

Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent … Read more

Tesla Board Denies WSJ Report on CEO Search, Musk Slams Article as False

The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining stock price and sales. The report noted … Read more

Biometric Crypto ID Project World Expands to US With Visa Card Partnership and Tinder Verification Pilot

World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, … Read more

Malaysia Launches Blockchain Infrastructure to Enhance Digital Services and Accessibility

On April 30, 2025, Malaysia launched the Malaysia Blockchain Infrastructure (MBI), a step in its digital transformation journey aimed at unifying fragmented digital ecosystems and making blockchain-based services accessible to all. Developed by MIMOS Berhad and MY E.G. Services Berhad, and powered by the Zetrix public layer-1 blockchain, MBI is designed to facilitate seamless cross-border … Read more

Sygnum Reports 400% Surge in Institutional Demand for Crypto-TradFi Integration

Sygnum, a Zurich-based digital asset banking group, revealed a 400% average annual growth in traditional securities trading volume on its blockchain-based DLT Treasury Management system since 2020, alongside a doubling of institutional clients trading these assets over the past year. This surge, amplified by recent U.S. regulatory shifts—such as the Federal Reserve’s decision to ease … Read more

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the … Read more