Naver Swallows Upbit Operator in $10.3B Fintech Power Play
South Korean tech titan Naver confirmed Friday it will acquire Dunamu, operator of the nation’s dominant crypto exchange Upbit, in...
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Category: Cryptocurrency
S&P Downgrades Tether to ‘Weak’ as Bitcoin Exposure Swells
S&P Downgrades Tether to ‘Weak’ as Bitcoin Exposure Swells S&P Global Ratings downgraded Tether (USDT) to its lowest stability assessment...
Spain’s Sumar Proposes 47% Tax on Crypto, Asset Seizures
Spain’s Governing Partner Pushes 47% Crypto Tax Hike Spain’s Sumar parliamentary group has introduced amendments to reclassify cryptocurrency profits as...
Grayscale Files for Zcash ETF, Targets First Privacy Coin Listing
Grayscale Files to Convert Zcash Trust to ETF Asset manager Grayscale filed a Form S-3 with the SEC Wednesday to...
Binance Sued for $1B by Oct 7 Victims Over Terror Financing
Barely a month after President Trump pardoned founder Changpeng Zhao, Binance faces a massive new legal threat. Families of 306...
Texas Makes History: First State Treasury Buys Bitcoin
Texas Allocates $5M to Bitcoin via BlackRock ETF Texas officially added Bitcoin to its balance sheet November 20, becoming the...
Ethena’s USDe Market Cap Halved, Sheds $7.6B as Yields Collapse
The market capitalization of Ethena’s synthetic dollar, USDe, has been slashed by 50% in the last month, falling from $14.8...
Polymarket CEO Brands Rivals a ‘Scam’ Amid Nobel Probe
Polymarket CEO Brands Rivals a 'Scam' Amid Nobel Probe Polymarket CEO Shayne Coplan attacked regulated sportsbooks like FanDuel and DraftKings...
Klarna Taps Stripe to Launch KlarnaUSD Stablecoin
Klarna Taps Stripe to Launch KlarnaUSD Stablecoin Buy Now, Pay Later firm Klarna is launching a stablecoin, marking a sharp...