Vietnam’s foray into establishing a pilot crypto trading platform, supported by technical collaboration from Bybit, marks a critical turning point in its financial landscape. With Finance Minister Ho Duc Phoc highlighting the risks of unregulated transactions, the undeniable importance of a robust legal framework comes to the forefront. Regulations are not merely a bureaucratic necessity;
Exchanges
In the digital asset space, where innovation meets unregulated enthusiasm, the recent saga surrounding the OM token has laid bare a dangerous vulnerability in how crypto markets are evaluated and reported. Allegations surfaced from “The Chopping Block” podcast, revealing that the Mantra team allegedly manipulated liquidity metrics in a way that is as clever as
In a move that has sent shockwaves across the cryptocurrency community, Bybit, a prominent global exchange, announced a sweeping discontinuation of several Web3 products and services, set to take place by the end of May 2025. This announcement, made on April 16, raises alarm bells for users who rely on these services to store and
On April 15, 2023, a significant disruption in Amazon Web Services (AWS) caused major ripples across the cryptocurrency world, highlighting the precarious balance many crypto platforms maintain with centralized infrastructure. Major exchanges like Binance and KuCoin were swiftly brought to their knees, temporarily halting withdrawals and triggering alarms over the dangers of reliance on centralized
On April 13, the OM token, a digital asset birthed from the Mantra blockchain, experienced a catastrophic downturn that saw its value plummet from approximately $6.30 to a harrowing low of less than $0.50 within the span of just one day. This staggering crash did not merely affect investors emotionally; it obliterated over $5 billion
Coinbase’s recent legal battle with the Federal Deposit Insurance Corporation (FDIC) exemplifies a profound struggle for transparency and accountability in the realm of digital assets. As the leading cryptocurrency exchange in the United States, Coinbase has taken a bold stance by filing an objection against the FDIC’s attempts to delay the release of critical documents
South Korea’s rigid one-bank-per-exchange policy is a relic of a bygone era, initially introduced to curb money laundering in the burgeoning crypto sector. However, as we dive deeper into the complexities of today’s financial landscape, it becomes increasingly clear that this outdated framework serves more as a hindrance than a protective measure. By restricting exchanges
April 8, 2025, marked a significant milestone in the cryptocurrency landscape when Kraken, one of the industry’s most reputable exchanges, listed the SUN token (SUN). This event isn’t just another routine listing; it symbolizes the maturation of the TRON ecosystem and highlights the platform’s transition from a niche player to a formidable competitor in decentralized
In a landscape where financial markets are rapidly evolving, BlackRock’s recent decision to enhance the custodial framework of its iShares Bitcoin Trust (IBIT) is nothing short of monumental. The establishment of Anchorage Digital Bank N.A. as a secondary custodian forms part of a broader strategy that reflects an urgent necessity in the asset management realm—diversifying
The ongoing legal battle between Nigeria and Binance highlights an increasing tension between national governments and cryptocurrency platforms that operate without a physical presence in those jurisdictions. As governments around the world grow more apprehensive about the implications of cryptocurrencies on traditional financial systems, cases like this serve as potent reminders of the urgent need