Category: crypto

The Bitcoin Policy Institute released a policy framework to establish the US as a leader in the Bitcoin ecosystem. The framework includes proposals for a US Strategic Bitcoin Reserve, BitBonds, legal distinctions for non-custodial tools, and energy policy incentives for mining. It aims to provide clarity for policymakers in understanding Bitcoin’s legal, regulatory, and geopolitical…

World Assets, a subsidiary of World Foundation, raised $135 million through the sale of WLD tokens to venture firms Andreessen Horowitz and Bain Capital Crypto. The funds will be used to meet demand for Orb-verified World IDs and expand the World network globally. World aims to become a self-sustaining decentralized protocol for identity verification.

The SEC accuses cryptocurrency startup Unicoin of a $100 million fraud scheme, misleading investors with false promises about asset-backed tokens. CEO Alex Konanykhin and executives Silvina Moschini and Alex Dominguez are implicated. Unicoin’s aggressive marketing tactics are under scrutiny, with regulatory pressure testing the SEC’s stance on cryptocurrency fraud.

Crypto whale James Wynn opened an $830 million long position on Bitcoin on Hyperliquid. He initiated a 40x leveraged long position totaling 7,764 BTC. Despite reducing his exposure to $430 million, Wynn remains bullish on Bitcoin. Other whales are initiating short positions. Wynn’s bullish bet aligns with optimism surrounding Bitcoin’s recent price surge. Bitcoin holders…

OpenAI is phasing out numerical branding for its foundation models, introducing a unified identity under the GPT-5 release. This shift aims to simplify product interactions and reduce ambiguity. The company is also working on a more cohesive framework for its tools and agents, focusing on capability-based access over model versioning.

Solana’s decentralized finance market has seen significant growth, reaching a value of $9.17 billion. However, this surge is fueled by a large stockpile of stablecoins, which could potentially lead to further growth and development in the DeFi sector on the Solana blockchain.

Russian authorities are proposing a new bill with harsh penalties and asset seizures for using crypto for domestic payments. The bill formalizes existing restrictions and reinforces the state’s stance that such activity is illegal. Regulators warn industry participants that crypto transactions are not completely anonymous and exchanges routinely provide user data to authorities.

Bitcoin surged to a new all-time high of $109,476 in the New York trading session, breaking its previous record. This rally is attributed to institutional investments, regulatory developments, and increased market activity. The US Senate’s GENIUS Act and President Trump’s support for digital assets have boosted market sentiment. Analysts predict Bitcoin could reach $120,000 in…

Hong Kong has passed a bill to regulate fiat-backed stablecoins, aiming to establish itself as a global digital finance hub. The new law, effective by the end of 2025, introduces a licensing regime for stablecoin issuers through the HKMA. It sets operational standards, compliance requirements, and aims to promote stablecoin adoption in the region.

Texas lawmakers passed a bill to create a state-level Bitcoin reserve using surplus General Revenue, pending Governor Greg Abbott’s approval. The reserve aims to strengthen fiscal sovereignty and position Texas as a forward-thinking region in global finance. The legislation requires transparency in Bitcoin acquisitions and storage within Texas or a recognized US jurisdiction. Governor Abbott…