Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […]
Read MoreDay: March 13, 2025
Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal
The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox. Central Bank of Russia Opens up to Crypto With Sandbox Regime Russia is on the verge of opening to […]
Read MoreOKX Secures MiFID II License in Europe, Expanding Offerings for Institutional Clients
OKX has announced the acquisition of a Markets in Financial Instruments Directive (MiFID II) license, marking a significant milestone in its growth strategy in Europe. This license, pending regulatory approval, will enable the exchange to launch derivative products and services tailored for institutional clients across the region. The announcement was made during an event in […]
Read MoreDollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports
Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and a reduction in its dollar-denominated foreign reserves. Bolivia Builds Crypto System to Pay for Fuel Imports Crypto is becoming relevant for the operation of the supply chain in several countries […]
Read MoreFormer Ripple Software Engineer Touts ‘Intents’ as Ripple’s Secret Sauce
Austin King sold his startup to Ripple in 2019 and claims his technological approach called “intents” will revolutionize crypto, but the details he provides are scant. ‘Intents’ Could Be Ripple’s Game-Changer, Says Ex-Employee Crypto entrepreneur and former Ripple software engineer Austin King published a curious post on Tuesday, claiming that Ripple is building a platform […]
Read MoreGate.io’s Kevin Lee on Crypto Adoption, Security, and Regulation
As the cryptocurrency industry continues to experience rapid growth, Gate.io remains one of the longest-standing exchanges in the space. With over 12 years in the industry, the platform has navigated multiple market cycles while expanding its product offerings and global reach. In an exclusive interview, Kevin Lee, Chief Business Officer at Gate.io, shared insights on […]
Read MoreMTI Co-Mastermind Clynton Marks Arrested Over Unanswered Questions
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his account. Marks’ Answers Unsatisfactory Clynton Marks, one of the alleged masterminds of the South African bitcoin Ponzi scheme Mirror Trading International (MTI), has been detained. […]
Read MoreSouth Korea Opens Door to Institutional Crypto Investment
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop the crypto market while ensuring user protection. The guidelines will include best practices […]
Read MoreNebraska Enforces New Crypto ATM Rules to Protect Consumers
Nebraska has enacted a new law requiring cryptocurrency ATM operators to obtain licenses, disclose fees, implement anti-fraud measures, and submit reports, strengthening consumer protections against crypto-related fraud. Nebraska’s Law Introduces Licensing and Transparency for Crypto ATMs Nebraska Governor Jim Pillen’s office announced on March 12 that the governor has signed Legislative Bill 609 (LB609) into […]
Read MoreMarket Is Grossly Underestimating US Bitcoin Reserve, Expert Says Nations Will Follow
The market is grossly underestimating the U.S. Strategic Bitcoin Reserve’s impact, an expert says, as it pressures institutions, nations, and wealth managers to adapt—or be left behind. Expert Explains What US Strategic Bitcoin Reserve Means Ryan Rasmussen, head of research at asset management firm Bitwise, took to social media platform X to emphasize what he […]
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