Thailand’s Bank of Thailand (BOT) has launched a sweeping anti-money laundering offensive targeting USDT stablecoin transactions, cash flows, and gold trading – and the scale of enforcement suggests this is not a routine compliance update. The central bank is working alongside the Thai SEC to conduct deep audits of high-volume stablecoin activity, with Tether’s USDT…
Despite the broader selloff, analysts argue that BTC has shown relative strength by holding important support levels during market stress. South Korea’s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%. The market shock has raised concerns that a wider risk-off…
SpaceX stock has fallen below the $140 level even after the U.S. Federal Aviation Administration completed its review of the company’s Starship Flight 12 mishap and cleared the path for the next launch. Summary SpaceX stock has dropped below $140 despite the FAA clearing Starship Flight 13 preparations. The FAA has accepted SpaceX’s corrective actions…
Aave Labs has launched Stable Vaults, a plug-and-play smart contract infrastructure that lets neobanks, wallets, payment apps, and fintechs offer fixed-rate stablecoin yield to their users, no custom DeFi backend required. The product converts variable on-chain lending rates from Aave markets into predictable, advertised returns that any business can confidently publish to customers. We've built…
After the SEC fight, Ripple bounced back with new deals, acquisitions, tokenization efforts, and XRP ETFs. It has been three years since Judge Analisa Torres delivered her landmark ruling that Ripple’s programmatic sales of XRP on crypto exchanges did not constitute securities transactions. This decision remains one of the most important legal moments in…
Pi Network has plunged nearly 15% on Monday as investors rushed to exit positions ahead of a major token unlock, extending the token’s slide to a fresh all-time low and reinforcing bearish sentiment across the market. Summary Pi Network price plunged 15% as investors reacted to more than 100 million upcoming token unlocks. Falling open…
XRP Ripple came within weeks of dissolving after the US Securities and Exchange Commission sued the company in 2020, CEO Brad Garlinghouse revealed in a KU Hustle podcast interview at the University of Kansas School of Business, published July 8. The disclosure reframes the entire SEC vs. Ripple legal battle not just as a courtroom…
In contrast, BEAT and DEXE have marked big gains. PI, though, continues to dig new lows. After a relatively quiet weekend, bitcoin’s price dipped by nearly two grand on Monday morning as the market priced in the new attacks in the Middle East. Most larger-cap alts have followed suit with similar daily losses, with…
Metaplanet has officially launched Metaplanet Securities, turning its completed acquisition of Siiibo Securities into a regulated digital asset investment banking business built around Bitcoin-backed financial products. Summary Metaplanet has launched Metaplanet Securities after completing its acquisition of Siiibo Securities. The new regulated business will develop Bitcoin backed bonds and digital credit products under Project Nova….
In crypto news today (July 13), Bitcoin has fallen -1.5% overnight and begins this Monday trading session at around $62,900. Losing support at $63,000 is crucial; if it is not reclaimed within the next 24 hours, a further drop toward $60,000 looks likely. Yesterday marked a second consecutive day of negative ETF flows for Bitcoin,…
