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Former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, known as “Crypto Dad,” has joined Sygnum Bank as Senior Policy Advisor, as announced on May 27, 2025. Giancarlo, who was a strong advocate for open markets and balanced regulatory frameworks during his tenure at the CFTC, will leverage his experience in regulatory matters … Read more
MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between Malaysia and Singapore. The agreement, signed at the ASEAN-GCC-China CEO Roundtable, aims to enhance digital connectivity in the ASEAN region by enabling interoperable, cross-border … Read more
Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for his role in a fraud scheme involving the misappropriation of customer funds to his hedge fund, Alameda Research. According to a Business Insider report, the Bureau of Prisons (BOP) estimates that he could be released as early as December 14, 2044, … Read more
Amid swirling speculation, Trump Media & Technology Group (TMTG), overseen by Donald Trump’s family, is reportedly exploring a $3 billion fundraising effort aimed at cryptocurrency investments, according to unnamed sources cited by the Financial Times. The plan allegedly includes $2 billion in equity and $1 billion via convertible bonds, though TMTG dismissed the claims, stating: … Read more
Elon Musk has revealed plans for “X Money,” a forthcoming payment system enabling transactions on X, the platform formerly known as Twitter. The Tesla chief confirmed the service will first appear in a “very limited access beta,” stressing the importance of prudence when dealing with users’ funds. Though Musk has repeatedly pitched X as an … Read more
Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity and engagement within the Hyperliquid ecosystem, welcoming new … Read more
The trader known as “James Wynn,” or “moonpig” on the decentralized exchange Hyperliquid, has made waves again by placing a nearly $2 million bet on the memecoin kPEPE, just days after his record high position on bitcoin on the same platform. This significant move marks a shift from high-stakes bitcoin trading to a focus on … Read more
Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent challenge in its energy sector. The country’s energy landscape has been … Read more
Ledn, a crypto lending platform, has announced a strategic shift to become a bitcoin-only company effective July 1, 2025, discontinuing support for ethereum ( ETH) and focusing exclusively on bitcoin-backed loans. This decision is explained to be driven by the company’s commitment to providing a safer and simpler financial service for bitcoin holders, emphasizing client … Read more
Ctrl Alt has officially launched its tokenization partnership with the Dubai Land Department (DLD) for the Real Estate Tokenization Project, marking an advancement in property investment within the Emirate. This initiative, developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation, utilizes the XRP Ledger to create a secure and … Read more