by Michael
Key TakeawaysGemini secured a Major Payment Institution license from MAS.The license covers digital tokens and cross-border transfers.Gemini has served customers in Singapore since 2020. Gemini Clears Singapore’s Major Licensing Hurdle Retail and institutional... 
by Michael
Key TakeawaysMalone Lam pleaded guilty to participating in a RICO conspiracy.The network used deception and break-ins to drain crypto wallets.Members spent proceeds on cars worth up to $3.8 million and $500,000 nightclub nights. Malone Lam Admits Leading the Crypto... 
by Michael
Key TakeawaysPark was convicted of three wire fraud and two bankruptcy fraud counts.Prosecutors said he hid millions in crypto before claiming only $0.34.Sentencing is set for Dec. 10, with decades in prison possible. Crypto Fortune Disappears From Bankruptcy Filings... 
by Michael
Key TakeawaysBinance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion.Anthropic warned back in May that unauthorized SPV stock transfers are void and could basically end up... 
by Michael
Key TakeawaysTwo crypto groups are seeking a preliminary injunction.The 0.2% tax applies to covered exchanges, transfers, and storage.Plaintiffs say companies face millions of dollars in compliance costs. Crypto Groups Race to Stop Tax Before Illinois Users Pay... 
by Michael
Key TakeawaysVisa stablecoin settlement topped a $20B annualized run rate, with 160+ card programs live.Onchain credit cuts financing costs by up to 30% and enables 7-day card settlement.Visa-linked lenders seek to scale working capital fast enough to match stablecoin... 
by Michael
Key TakeawaysIran’s crypto activity hit roughly $10 billion in 2025 as trade is increasingly moving onchain in 2026.CCAF puts Iran at 0.12% of global bitcoin hashrate, far below Elliptic’s 4.5% estimate.Bessent’s Aug. 24 Operation Economic Outcast puts Iran’s crypto... 
by Michael
Key TakeawaysCircle agreed to buy Tazapay for $400M, adding $25B+ in annual payment volume.With 60% of Tazapay volume using stablecoins, USDC could deepen its global payments footprint.Circle still needs regulatory approvals before the deal can close in 2027. Circle... 
by Michael
Key TakeawaysU.S. bitcoin ETFs lost $46.65M on Tuesday, while XRP funds alone posted $1.55M in inflows.Broad ETF outflows signaled reduced crypto risk appetite after last week’s stronger institutional demand.Investors will watch whether the rest of the week produces a... 
by Michael
Key TakeawaysMetamask will break from Consensys, with Joe Lubin taking the helm in 2026.Consensys’ $7 billion valuation puts serious weight behind the two-company split.Speculators think Consensys could revisit a U.S. IPO as early as 2027 after shelving earlier plans.... 
by Michael
Key TakeawaysBitcoin fluctuated between $78,300 and $79,650 on Wednesday following a U.S. Treasury $6 billion debt buyback.Flat price action triggered $59 million in bitcoin liquidations and $223 million across the crypto market.Analysts expect larger U.S. Treasury... 
by Michael
“The Canary Staked TRX ETF brings investors exposure to one of the world’s largest blockchain settlement networks through a registered exchange-traded structure, while also enabling investors to benefit from potential staking rewards,” said Steven McClurg, CEO of... Translate »
