Category: crypto

CoinDCX co-founders Sumit Gupta and Niraj Khandelwal were granted bail by a court in Thane, India, after being accused of involvement in a fake platform pretending to be the crypto exchange. The court found no evidence against them and emphasized that another person was behind the cheating scheme. CoinDCX warned users about phishing risks and…

Pump.fun has limited token creators to one post-launch change in fee recipient settings to reduce concerns about fee manipulation. This change follows previous efforts to shift rewards from deployers to traders. Despite the update, platform fees and trading volume remain below 2025 levels. Community reactions to the new rule are mixed.

Bhutan transferred 519.7 BTC from a state-linked wallet, marking the third large sovereign wallet transfer in March. Despite the outflows, Bhutan still holds 4,453 BTC. The country is expanding its mining and reserve plans while developing a broader Bitcoin strategy through mining, infrastructure, and reserve planning.

The European Central Bank plans to announce digital euro standards by summer to help payment firms prepare early. Pilot testing is expected in 2027, with possible issuance readiness in 2029. The digital euro aims to support payments without replacing cash or bank deposits, providing a public payment infrastructure for European companies.

Morgan Stanley plans to allow clients to trade tokenized versions of U.S. stocks and ETFs on its internal ATS starting in late 2026. This move aligns with SEC pilots at DTCC and Nasdaq for on-chain settlement. The shift towards tokenized securities is part of a broader modernization of Morgan Stanley’s trading and settlement infrastructure.

Robinhood has approved a $1.5 billion share repurchase program over the next three years. The company aims to return value to shareholders while continuing to build new products. Despite a declining stock price, Robinhood also expanded its credit facility and is focusing on growth in crypto and financial products.

OpenAI has started shutting down the Sora app, a consumer video product, and will provide timelines for users soon. The decision to wind down video products was made to shift resources to coding, enterprise tools, robotics, and broader AI goals. The app faced criticism over deepfakes and copyright concerns and did not successfully close a…

The Financial Stability Board has expressed concerns about the proliferation of foreign currency stablecoins in emerging markets. Dollar stablecoins can weaken payments, monetary policy, and capital controls in these economies. Regulators need to monitor the sector for risks related to liquidity and operational issues. The FSB also highlighted gaps in applying global oversight frameworks for…

Omnes and Apex Group are launching a tokenized debt note on Base tied to Bitcoin mining activity, targeting professional investors outside the US. The note, OMN, will provide exposure to Bitcoin hashrate without the need to manage hardware or facilities. The product will be issued and managed on Base, Coinbase’s Ethereum layer-2 network.

Tether has hired a Big Four accounting firm for its first full financial audit of $184 billion USDT reserves, aiming to enhance transparency and institutional trust. With over 550 million users globally, this audit is significant for the digital asset industry and marks a milestone in Tether’s history.