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Thailand SEC Adopts DLT for Digital Token and Bond Trading Overhaul

Thailand SEC Adopts DLT for Digital Token and Bond Trading Overhaul

The Thailand Securities and Exchange Commission (SEC) is preparing to implement a DLT-based debt instrument trading system. The main objective is to encourage securities firms to engage in digital token trading. According to Jomkwan Kongsakul, who happens to be the deputy secretary-general of the SEC, the regulator has already approved four digital token projects and…

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Are Cardano Bulls in Trouble? Whales Unload Millions Worth of ADA

Are Cardano Bulls in Trouble? Whales Unload Millions Worth of ADA

TL;DR One popular analyst claimed that ADA whales haven’t bought the dip. Instead, they have sold almost $250 million worth of the asset. Contrary to the recent crash, analysts predict a reversal to over $1, with factors like a potential Ripple-Cardano partnership and regulatory efforts boosting optimism. Another Correction on the Horizon? The cryptocurrency market…

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Pi Network Introduces 2 Key Updates to Improve KYC Process

Pi Network Introduces 2 Key Updates to Improve KYC Process

TL;DR Pi Network now allows users to appeal name mismatches and enables minor phone number corrections to assist users in passing KYC verifications. Despite the constant delays and deadline extensions, the project surpassed 100M downloads, with South Korea, India, and other Asian countries emerging as strong community bases. Solutions for Struggling Users The controversial cryptocurrency…

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Ripple-Cardano Partnership Coming Next Month? (Charles Hoskinson Weighs in)

Ripple-Cardano Partnership Coming Next Month? (Charles Hoskinson Weighs in)

TL;DR Hoskinson confirmed active discussions with Ripple’s leadership on RLUSD integration, with potential big news in March. Ripple’s stablecoin crossed $100M market cap, with major exchanges like Bitstamp embracing it. One Step Closer? The interactions between Cardano’s founder, Charles Hoskinson, and some of Ripple’s executives in the past months have caused some members of the…

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Trump Approves US Sovereign Wealth Fund, Will it Buy Bitcoin?

Trump Approves US Sovereign Wealth Fund, Will it Buy Bitcoin?

On Feb. 3, President Trump announced plans to create a US sovereign wealth fund, a national investment vehicle designed to generate and distribute assets for American citizens. Trump signed the executive order at a White House event directing Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick, who are both pro-crypto, to “begin a…

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Governance Votes in Favor of Proposal 6 to Resolve THORChain's Liquidity Crisis

Governance Votes in Favor of Proposal 6 to Resolve THORChain's Liquidity Crisis

THORChain’s governance body has passed Proposal 6 as part of its restructuring efforts to resolve a nearly $200 million debt crisis. The approved plan involves converting defaulted debt into TCY (Thorchain Yield) equity tokens, eliminating the need for a private raise, and leveraging existing treasury funds to facilitate recovery. Under this framework, 200 million TCY…

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World Liberty Financial Loses $51.7M in Crypto Amid Trump's Tariff Impact

World Liberty Financial Loses $51.7M in Crypto Amid Trump's Tariff Impact

Trump’s tariffs have not only shaken financial markets but have also impacted World Liberty Financial’s crypto holdings amid escalating trade tensions. With uncertainty looming, market participants wonder if this downturn presents a buying opportunity for long-term accumulation. WLFI’s Crypto Portfolio Decline World Liberty Financial (WLFI), backed by US President Donald Trump, recently invested $242.77 million…

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Boba Network Unveils Integrated DeFi Ecosystem with Multi-Platform “Flywheel Loop”

Boba Network Unveils Integrated DeFi Ecosystem with Multi-Platform “Flywheel Loop”

[PRESS RELEASE – San Francisco, United States, February 3rd, 2025] Today, Boba Network introduces a new approach to decentralized finance (DeFi), featuring a self-reinforcing “flywheel loop” that connects minting, liquidity provision, trading, lending, and staking. The core components—Nucleus, Teahouse, OkuTrade, LendLand, and Lynx—operate in tandem. Users begin by minting bobaETH with WETH on Nucleus. BobaETH…

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Bitcoin (BTC) Could Tank Below $75K if This Key Support Fails (Analyst)

Bitcoin (BTC) Could Tank Below $75K if This Key Support Fails (Analyst)

TL;DR Bitcoin (BTC) has tumbled by 10% since the start of February, with analysts warning that further declines to $80,000 or even $74,400 are possible if key support levels fail. Others suggest Trump’s tariff policies could drive demand for BTC as a hedge against inflation and currency devaluation. The Correction Might be Just Starting January…

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