In the past week, several significant developments and challenges have emerged in Asia's cryptocurrency landscape. Hong Kong's long-awaited stablecoin ordinance has finally become law, providing a regulatory framework for the issuance and use of stablecoins in the region. This move aims to boost ... Read More

Decentralized derivatives exchange Hyperliquid Perp has achieved a significant milestone, reaching a record monthly trading volume of $248.3 billion in May, according to data from DeFiLlama. This impressive figure underscores the growing popularity of decentralized finance (DeFi) platforms and the ... Read More

Ross Ulbricht, the infamous founder of the dark web platform Silk Road, has recently received a significant financial boost for his donation wallet. According to Lookonchain, a cryptocurrency data analytics platform, Ulbricht's donation wallet was transferred 300 BTC (approximately $31.4 million) ... Read More

Coinbase, one of the world's leading cryptocurrency exchanges, has revealed plans to add Ethena (ENA) to its listing roadmap. This move signals Coinbase's growing interest in the Ethena ecosystem and its potential for mainstream adoption. Ethena is a decentralized finance (DeFi) platform that aims ... Read More

FalconX, a leading crypto prime broker, has made a strategic move by acquiring a majority stake in the parent company of Monarq Asset Management, a multi-strategy crypto hedge fund. This acquisition marks a significant step in FalconX's expansion plan to bolster its asset management business and ... Read More

Circle, a leading financial technology company, has made significant adjustments to its initial public offering (IPO) plans. The company and its shareholders have decided to increase the IPO size from 24 million shares to 32 million shares. This expansion is coupled with a raise in the price range ... Read More

OKX, one of the world's leading cryptocurrency exchanges, has published its 31st proof of reserves report, providing transparency into its financial health. The snapshot was taken on May 10, 2023, revealing important details about the exchange's holdings. According to the report, OKX holds 125,000 ... Read More

Crypto trader James Wynn has made headlines with his astonishing rise and fall in the cryptocurrency market. Initially, he managed to turn an impressive $4 million into a staggering $100 million, showcasing his trading prowess. However, his success was short-lived, as he subsequently lost his entire... Read More

BitoPro, a prominent Taiwanese cryptocurrency exchange, has likely suffered a significant security breach on May 8, 2025, resulting in the loss of approximately $11.5 million worth of digital assets. The incident involved the unauthorized draining of funds from the exchange's hot wallets across ... Read More

Elon Musk has officially announced the launch of XChat, a new feature on the X platform, which promises to revolutionize the way users communicate. This latest development is a significant milestone for the platform, as it introduces a range of innovative features designed to enhance user experience... Read More

President Donald Trump has signed a proclamation to significantly increase tariffs on steel and aluminum imports, raising the rate from 25% to 50%. The new tariff rate will take effect on June 4, 2025, marking a substantial increase in trade barriers for these key industries. The decision to raise... Read More

The Trump family has recently come forward to address the launch of the TRUMP Wallet, a cryptocurrency wallet that has been making waves in the market. Donald Trump Jr. has explicitly stated that the Trump Organization has no affiliation or involvement with the product, and that neither he nor his ... Read More

The recent bitcoin mining activities of two prominent companies, MARA and Riot Platforms, have yielded mixed results. MARA, a leading digital asset mining company, mined 950 BTC in May and decided to hold all of it, bringing its total bitcoin holdings to 49,179 BTC. This move demonstrates MARA's ... Read More

Tether, the company behind the widely-used stablecoin USDT, has made a strategic investment in the Chilean cryptocurrency exchange Orionx. While the exact amount of the investment was not disclosed, the move aims to support Orionx's expansion efforts across Latin America. Orionx, which operates in ... Read More

Binance, the world's largest cryptocurrency exchange by trading volume, is set to launch USDT-margined perpetual contracts for PUFFER and PORT3, two innovative blockchain projects. These new contracts will offer traders up to 50x leverage, providing an additional tool for market participants to ... Read More

The cryptocurrency market experienced contrasting trends on June 2, with Bitcoin spot ETFs witnessing a net outflow of $268 million, marking the third consecutive day of redemptions. This significant outflow indicates a potential shift in investor sentiment towards Bitcoin, as they may be taking ... Read More

Aptos Labs CEO Avery Ching is set to testify at a U.S. House hearing on "The Future of Digital Assets," which will be led by the Agriculture Committee. As one of the few Layer 1 founders invited to speak, Ching will share his expertise and insights on the current state of digital assets and their ... Read More

Robinhood, the popular U.S. trading platform, has completed its acquisition of Luxembourg-based crypto exchange Bitstamp for $200 million in cash. The deal, which was originally agreed upon in June 2024, marks Robinhood's expansion into the European, UK, and Asian markets for its institutional ... Read More

Coinbase, one of the world's leading cryptocurrency exchanges, has recently announced that PancakeSwap (CAKE), the leading decentralized exchange (DEX) on the Binance Smart Chain (BSC), will be added to its listing roadmap. This news has sent shockwaves through the crypto community, as it signals a ... Read More

K Wave Media, a prominent Korean media alliance listed on Nasdaq, has taken a significant step into the cryptocurrency space with the announcement of a securities purchase agreement. The agreement is with Bitcoin Strategic Reserve KWM LLC, aiming to establish an equity financing facility of up to ... Read More

Coinbase, one of the leading cryptocurrency exchanges, has announced its support for Ethena (ENA), an ERC-20 token built on the Ethereum network. As of now, deposits for ENA are open, allowing users to fund their accounts with the token in preparation for trading. The exchange has stated that ... Read More

In a harrowing tale of survival and betrayal, a Chinese businessman who was kidnapped in the Philippines in 2022 has shared his story. The victim, who asked to remain anonymous, was one of over 100 Chinese nationals abducted in the country last year. His ordeal began when he was betrayed by his own ... Read More

Binance announced plans to list 1,000,000 BOB/USDT perpetual contracts, offering up to 50x leverage for traders. The BOB token, previously available on Binance's Alpha Market, is a memecoin built on the BNB Smart Chain (BSC). The token's name, BOB, is an acronym for "Build On BNB," reflecting its ... Read More

The U.S. labor market continues to show resilience, with job openings unexpectedly increasing by 315,000 in May, surpassing the projected 10 million. This unexpected rise in job vacancies has lifted market sentiment, with the S&P 500 index approaching the 6,000 mark. The strong labor market data has... Read More

In a significant move, a whale or institution recently acquired 108,278 ETH worth $283 million through an over-the-counter (OTC) transaction. The acquisition was facilitated by Galaxy Digital, a leading digital asset company, as evidenced by the withdrawal of 89,000 ETH ($233.5 million) from ... Read More

Former President Donald Trump recently took to social media to express his thoughts on reducing the national budget, suggesting that eliminating governmental subsidies and contracts awarded to Elon Musk would be a straightforward solution. Trump appeared perplexed that the Biden administration had ... Read More

Circle, a leading financial technology company, made a remarkable debut on the New York Stock Exchange, with its stock opening at $69 on its first trading day. This represents a significant surge of over 122% from its initial public offering (IPO) price of $31. The impressive opening day performance... Read More

In a significant development, US President Donald Trump recently revealed that he engaged in a lengthy 1.5-hour conversation with the Chinese leader, focusing on the finer points of the newly agreed-upon trade deal. The call aimed to iron out complexities and achieve mutually beneficial outcomes for... Read More

A massive $1.19 billion crypto options Block trade has just been executed, marking the largest such transaction in history. The trade involved 11,350 BTC and $7.5 million in premiums. The Block consists of two primary components. First, a 3,800-set bull spread for September, which is betting ... Read More

Singapore's Monetary Authority of Singapore (MAS) has introduced stringent new Digital Token Service Provider (DTSP) regulations under the Financial Services and Markets Act, effective June 30, 2025. Unlike previous regulations, MAS has decided against providing a grace period for compliance, ... Read More

Binance, the world's largest cryptocurrency exchange by trading volume, is set to introduce LAUSD perpetual contracts with up to 50x leverage. This move follows the listing of Lagrange Labs' (LA) token on Binance's Alpha platform yesterday. LA is a developer of zero-knowledge proof networks, which ... Read More

The cryptocurrency market has been experiencing a surge in interest, with spot Bitcoin and Ethereum ETFs recording substantial net inflows in recent days. On June 4, spot Bitcoin ETFs saw a total net inflow of $86.92 million, marking a significant increase in investor confidence in the digital ... Read More

Binance Labs, the venture capital arm of the world's largest crypto exchange, has made a strategic investment in OneKey, a cutting-edge hardware wallet provider. The funding will be directed towards advancing OneKey's next-generation hardware iteration, bolstering its on-chain threat detection ... Read More

X (formerly Twitter) has recently announced a significant partnership with Polymarket, a decentralized prediction market protocol. This partnership names Polymarket as the official prediction market partner of the platform, marking a substantial collaboration between a major social media outlet and ... Read More

The UK's Financial Conduct Authority (FCA) has proposed lifting the ban on crypto exchange-traded notes (cETNs) for retail investors, provided the products are listed on FCA-recognized exchanges. This move aims to support the growth of the UK's crypto sector, according to the regulator. However, ... Read More