Category: crypto
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Crypto.com partners with KG Inicis to enable crypto payments for tourists in South Korea
Crypto.com and KG Inicis have partnered to introduce crypto payment options for international tourists in South Korea. Travelers will be able to use digital assets to pay for goods and services, while merchants can choose to settle transactions in fiat or crypto instantly. This partnership aims to bridge digital assets with the real economy and…
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UK man accuses estranged wife of stealing 2,323 Bitcoin using hidden camera
Ping Fai Yuen accuses his estranged wife of stealing 2,323 Bitcoin from his hardware wallet using a security camera to obtain his seed phrase. Police arrested the wife and seized devices, with no transactions recorded since December 2023. The UK High Court judge believes Ping has a strong case and may freeze crypto assets.
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Aurum brings in Nick Patel to deepen its RWA push
Aurum Foundation appoints Nick Patel as RWA Relationships Advisor to lead Real-World Asset strategy. Patel brings expertise in commodities and tokenized gold, aiming to expand Aurum’s exposure to metals and other real-world assets. The foundation combines tangible assets with decentralized finance, leveraging AI-driven infrastructure for broader investor access.
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Vietnam eyeing ban on overseas crypto trading: report
Vietnam is planning to tighten restrictions on overseas cryptocurrency trading to bring more activity under domestic oversight. The country’s finance ministry is drafting rules to prevent locals from trading on foreign platforms to curb capital outflows. Five firms, including affiliates of major banks, have qualified for a pilot licensing program for domestic crypto exchanges.
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OpenSea delays SEA token launch as weak market conditions stall rollout
OpenSea has postponed the launch of its native token, SEA, due to challenging market conditions. The token was expected to be released on March 30 but no new timeline has been announced. The delay comes as NFT market capitalization has dropped by more than 50% since the beginning of the year. The SEA token is…
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Polymarket banned in Argentina after regulatory probe
Argentina has blocked prediction market platform Polymarket nationwide due to concerns about illegal gambling, risks associated with crypto payments, and lack of identity verification. The platform was found to operate outside the legal gambling framework, leading authorities to enforce the ban with the help of ENACOM, Google, and Apple. This decision follows complaints from local…
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Bitcoin ETFs log longest inflow run since October as institutional demand returns
US spot Bitcoin ETFs have seen six consecutive days of inflows, totaling $962.8 million since March 9. BlackRock and Fidelity products are leading the charge. Bitcoin’s safe-haven positioning and concerns over global inflation are driving institutional demand. Rumors of US-Iran de-escalation are also contributing to Bitcoin’s recovery above $74,000.
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DeFi Education Fund and Beba drop airdrop lawsuit against U.S. SEC
DeFi Education Fund and Beba drop their lawsuit against the SEC as regulatory signals soften on airdrops. The lawsuit was a pre-enforcement challenge filed in 2024, but under new leadership, the SEC has taken a more accommodating stance toward the crypto sector. The plaintiffs can refile the case if needed.
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SEC proposal could remove crypto from OTC reporting requirements
The U.S. Securities and Exchange Commission is proposing to limit Rule 15c2-11 to equity securities, reversing a broader interpretation from 2021 that included crypto assets. This proposal aims to clarify confusion around how the rule applies, with a 60-day public comment period open for feedback on the rule’s scope and application to crypto assets.
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Lido’s community staking module sharpens its edge with DVT clusters
Lido introduces IDVTC design allowing solo stakers to form DVT clusters, reducing collateral needs and increasing Ethereum validator security and staking yields. Four verified stakers form a DVT-backed cluster, reducing risk. Launching with CSM v3 in 2026, Lido aims to compete with restaking and LST platforms based on resilience.