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French authorities have launched a judicial investigation into cryptocurrency exchange Binance over alleged money laundering, tax fraud, and unauthorized operations. The Paris public prosecutor’s office stated that the probe, covering 2019 to 2024, includes suspected money laundering linked to drug trafficking across the EU. Complaints from users who claimed financial losses and misleading information triggered … Read more
Australian asset management firm Monochrome filed for a spot litecoin (LTC) exchange-traded fund (ETF) with the securities and derivatives exchange Cboe Australia on Tuesday. The firm already manages a $50 million bitcoin ETF and a $2 million ether ETF, both approved in 2024, months after similar approvals were given in the United States. Neither U.S. … Read more
Soneium, a blockchain network established by companies of the Sony Group, has recently reached a milestone regarding its transaction count. The project registered almost 500K daily transactions only 2 weeks from its mainnet launch, signaling a high activity growth. Furthermore, this number was achieved with only 207K active addresses on the network, highlighting a high … Read more
Microsoft has announced plans to train 1 million people in South Africa on artificial intelligence (AI) and cybersecurity skills by 2026. This initiative, part of Microsoft’s broader efforts to empower individuals and businesses across Africa, aims to equip South Africans with the necessary skills to thrive in the digital economy. This announcement builds upon Microsoft’s … Read more
Connecticut-based Tuttle Capital filed for a leveraged Melania Trump memecoin (MELANIA) exchange-traded fund (ETF) on Monday, according to a post by Bloomberg ETF analyst James Seyffart. The filing was part of a list of ten leveraged ETFs, including ones that will hold Donald Trump’s memecoin (TRUMP), Bonk (BONK), and several established cryptocurrencies such as XRP, … Read more
Jupiter, one of the leading Solana-focused decentralized exchanges, has made major announcements as part of Catstambul, its first community-focused conference held in Turkey. The project revealed the acquisition of a majority stake in Moonshot, a meme coin creation and distribution platform on Solana. Jupiter also announced that it would burn $3 billion of its own … Read more
Jack Mallers, CEO of Zap, stated that Ripple, a cryptocurrency company, was actively lobbying against a strategic bitcoin reserve. In what he called an emergency press conference on social media, Mallers claimed that Ripple was “actively spending” millions of dollars trying to undermine a strategic bitcoin reserve in the U.S. Mallers revealed that Ripple would … Read more
Crypto investment management firm Bitwise filed paperwork to establish a Delaware statutory trust for a dogecoin exchange-traded fund (ETF) on Wednesday, according to a post by Bloomberg ETF analyst Eric Balchunas. The firm manages upwards of $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs. Optimism for a wider variety … Read more
Conor Grogan, Director of Product Strategy at Coinbase, has recently linked 430 bitcoin to the now-free former founder and operator of Silk Road, Ross Ulbricht. According to Grogan, these funds are scattered across dozens of wallets that were not confiscated at the time of Silk Road’s takedown operation, and have been untouched for more than … Read more
President Donald Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets on Thursday, according to reporting by Fox Business, opening the door to a potential “strategic national digital asset stockpile.” David Sacks, White House A.I. and crypto czar will lead the group, which will include key figures such as … Read more