A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have fallen victim to hackers. What…
Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to state police officials, TechCrunch and Brian Krebs reported. The arrest occurred at 4 p.m. local…
Key Takeaways The SEC’s case against Ripple is expected to conclude soon as negotiations continue. Ripple’s legal team is seeking changes to a court ruling to avoid a $125 million fine. Share this article The years-long legal battle between the US SEC and Ripple Labs is nearing resolution, as both sides negotiate the details of…
Coinbase seems ready to re-enter the Indian crypto scene. Following important regulatory clearances from the anti-money laundering agency, the Financial Intelligence Unit (FIU), the company formally made its announcement on 11 March 2025. With the recent FIU approval, Coinbase will be able to register as a virtual digital asset supplier. Any crypto-related company offering services…
There has been a significant surge in the total amount of tokens transferred for all stablecoins, indicating potential accumulation activity. Historically, such spikes do not occur during a price decline but rather after the market has entered a consolidation phase. Stablecoin Activity Signals Accumulation According to CryptoQuant’s analysis, the latest pattern suggests that large investors…
Frustrated Time.fun creator calls out Base’s X profile for promoting AI-made Grok token while ignoring their projects. Another day, another blockchain drama and this time featuring Time.fun’s creator 0xKawz, calling out layer-2 network Base for promoting a memecoin while ignoring months of work on their project. The dispute centers around Base’s X account, which recently…
Key Takeaways Russia’s central bank seeks to enable crypto purchases for highly qualified investors only. The experimental legal regime excludes crypto as a means of payment between residents. Share this article The Bank of Russia has submitted proposals to the government outlining a regulatory framework for crypto investments, according to a Wednesday press release published…
Thailand has officially approved the trading of two major stablecoins, Tether (USDT) and USD Coin (USDC). The Thai Securities and Exchange Commission (SEC) announced the approval on 6 March 2025. “The SEC has revised the criteria for the cryptocurrencies list to be used for investment in digital tokens through ICOs process, for ICO portals to receive…
Speed isn’t just a challenge for blockchain – it’s the deciding factor between adoption and obsolescence. If Web3 can’t match the seamless experience users expect, it won’t matter how decentralized or innovative it is. The current state of development speaks volumes: according to a16z’s Builder Energy Dashboard, which tracks where crypto’s builders are focusing their…
Binance is expanding its spot trading offerings with new USDC-based spot trading pairs for an array of tokens launching on March 13. On March 12, the leading crypto exchange announced that it will provide trading support for a number of new spot trading pairs, which include CVC/USDC (USDC), EURI/USDC, SYN (SYN) /USDC, USDC/RON, and VELODROME/USDC….
