Category: crypto

South Korea’s central bank has ruled out Bitcoin as part of its foreign exchange reserves, citing concerns about liquidity, stability, and price fluctuations. This contrasts with the United States’ move to establish a strategic Bitcoin reserve. Meanwhile, North Korea has become one of the largest state-backed holders of Bitcoin, acquiring it through cybercriminal activities to…

Last week, crypto exchange-traded products (ETPs) saw $1.7 billion in outflows, marking the fifth consecutive week of capital flight and bringing total outflows to $6.4 billion. The US dominated Bitcoin outflows, while XRP stood out with $1.8 million in fresh inflows, reaching a record high of $1.2 billion in total assets under management.

Thailand’s Central Investigation Bureau seized 63 illegal crypto mining machines worth $60,000 from abandoned houses in Pathum Thani province. Locals reported theft of electricity from utility poles and transformers, suspected for mining operations. Authorities estimate over $327 million in losses. No arrests made, but investigation continues to find ring leader and accomplices.

Founder of Telegram, Pavel Durov, flew to Dubai from France with court permission after facing legal trouble in France. He was arrested on charges of complicity in illicit activities, including child exploitation and drug trafficking. Durov’s departure to Dubai has raised concerns about jurisdiction and privacy, but the crypto market has reacted positively.

Yannik Schrade, CEO of Arcium, discusses the rapid growth of AI and the need for transparency and security as we enter the Fourth Industrial Revolution. DeepSeek raises privacy concerns, highlighting the importance of integrating AI with blockchain technology. Private AI offers encrypted data processing, unlocking potential in trading, healthcare, and beyond.

Rob Viglione, CEO of Horizen Labs, discusses the importance of Layer-3s in blockchain infrastructure. Layer-3s, such as Base on Coinbase’s Layer 2 network, offer cost efficiency, specialization, and connectivity to drive mainstream adoption of blockchain technology. Critics argue against Layer-3s, but their benefits in reducing transaction costs and improving usability are essential for the future…

Founder of Ethereum Ukraine, Rostyslav Bortman, discusses the choice between Ethereum and Solana for stablecoin or token generation events. Despite Solana’s speed and cost advantages, Ethereum’s evolving ecosystem with Layer 2 solutions addresses scalability and fees. Challenges like interoperability, UX, and scalability are being tackled to position Ethereum for mass adoption.

Altcoins have seen significant gains after Bitcoin paved the way, leading to market oscillations between altcoin and Bitcoin seasons. The rise of meme coins has resulted in market fragmentation and decreased trust. Blockchain solutions face challenges from government regulations, limiting their mainstream adoption. Investors should focus on long-term narratives like AI, infrastructure, and chain performance.

Vincent Maliepaard, Marketing Director at IntoTheBlock, discusses the success of DeFi in the cryptocurrency industry, its historical development from 2015 to 2018, and key trends in the current market landscape. Leaders in DeFi include Aave, Lido, and Uniswap, with emerging trends like DEX perps and isolated lending markets shaping the future of DeFi.

The Pakistan Crypto Council (PCC) has been established by the government to regulate and integrate blockchain technology and digital assets into the nation’s financial landscape. This initiative marks a shift from previous stances on digital assets and positions Pakistan as a potential key player in the global shift towards digital finance. Led by Finance Minister…