Category: crypto
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Apex Fusion launches VECTOR, Cardano’s institutional expansion chain
Apex Fusion has launched VECTOR, a Cardano-aligned blockchain offering instant finality and high throughput for DeFi and institutional needs. It is now live and open for projects within the Cardano ecosystem. This solution addresses the ecosystem’s infrastructure needs while Cardano works on scalability upgrades like Leios. VECTOR provides faster transactions, lower latency, higher throughput, and…
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Husky Inu pre-launch hits $0.00023840 as crypto market sell-off deepens
Husky Inu’s pre-launch price reached $0.00023840 following the end of its presale phase. The cryptocurrency market experienced a sell-off as investors reduced risk exposure ahead of key U.S. economic data, leading to declines in Bitcoin, Ethereum, and other major altcoins. Some tokens lost over 10% in 24 hours.
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Base’s Jesse Pollack faces scrutiny over interaction with Soulja Boy scam token
Base’s Jesse Pollak received backlash for investing $1,500 in a new Soulja Boy token on Coinbase’s Base network. On-chain investigator ZachXBT revived fraud claims about the rapper’s past NFT and token promotions, citing research that documented several projects associated with Soulja Boy being identified as scams. Soulja Boy apologized and blamed third-party handlers for past…
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DEX users keep full custody as smart contracts replace exchange middlemen
Decentralized exchanges (DEXs) allow users to trade cryptocurrencies directly from non-custodial wallets through smart contracts and liquidity pools, eliminating centralized intermediaries and custodial risks. DEXs operate through automated code, connect buyers and sellers directly, and offer access to a wide range of tokens without KYC requirements. However, they face challenges such as impermanent loss, smart…
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Korea stablecoin bill delay exposes FSC–BOK clash over bank-led issuance
South Korea’s Financial Services Commission (FSC) missed its deadline to submit a stablecoin bill to the National Assembly due to disagreements with the Bank of Korea over issuance and approval powers. The delayed bill, “Basic Digital Asset Act,” is expected to set regulations for the country’s stablecoin and digital asset markets by January 2026.
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Samourai Wallet co-founder hopes for pardon as Trump weighs case
President Donald Trump stated that he will review the case of Samourai Wallet developer Keonne Rodriguez, who was convicted for involvement with a crypto mixing protocol. Rodriguez, along with co-founder William Lonergan Hill, pleaded guilty to operating an unlicensed money transmitting business. Rodriguez hopes for a potential pardon from Trump.
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Bitwise Solana ETF sees first outflow amid market pullback
On December 15, the Bitwise Solana ETF experienced a $4.6 million outflow, ending a streak of inflows. Despite this, cumulative inflows for the ETF remain strong. The outflow coincided with a wider crypto market pullback. Overall, U.S. Solana ETF activity remained positive, with Fidelity’s FSOL ETF seeing strong inflows.
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U.S. Senate punts crypto market structure bill to early 2026 markup
The U.S. Senate Banking Committee has delayed the markup on crypto market structure legislation to early 2026, affecting the oversight of digital asset rules by the SEC and CFTC. This delay could slow down U.S. crypto innovation due to the lack of clear federal rules for exchanges, brokers, and token issuers.
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AI agent whale faces brutal 90%+ loss in illiquid token fire sale
A whale sold AI agent tokens at up to 99% losses, causing a crash in Virtuals-linked markets due to low liquidity. The sale highlighted risks in the AI narrative, with prices dropping 8%-50% across multiple tokens. This shows the challenges of exiting illiquid markets for large holders.
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UK FCA launches consultation on proposed crypto rules
The UK’s Financial Conduct Authority is consulting on new rules to regulate the crypto industry by 2027. Proposed regulations cover asset listings, capital requirements, staking services, and preventing insider trading. The FCA aims to adapt existing financial market frameworks for cryptocurrencies and protect consumers while promoting innovation. Consultation open until Feb. 12.