Summary Ripple plans to apply for a Virtual Asset Service Provider license from the Central Bank of Brazil, pulling its operations under Brazil’s new crypto framework instead of operating as a grey “technology vendor.” Banks and fintechs including Banco Genial, Braza Bank and Nomad already use Ripple infrastructure for same‑day dollar transfers, real‑backed stablecoins and…
Bitrefill, the established crypto-to-gift-card platform, was hit by a sophisticated cyberattack earlier this month that drained company funds and exposed some customer data. The team disclosed the incident in an X article on Tuesday, saying that it shares strong similarities with operations linked to Lazarus Group, the notorious North Korean cybercrime collective believed to be…
In March 2025, a trader opened a $375M Bitcoin position on a fully transparent blockchain platform. Within hours, other traders were openly coordinating on social media to pool funds, hunt the position, and force a liquidation. That is not a bug in DeFi. On most chains, it is the design. Aster Chain launched its mainnet…
While some analysts think ADA could climb as high as $0.50 in the near term, certain indicators also point to the possibility of a pullback. The cryptocurrency market has posted an evident upswing over the past several days, with Cardano’s ADA following the green wave. Its price surged 8% on a weekly basis, while…
Arbitrum’s 2025 Transparency Report shows 2.1 billion transactions, 20 billion dollars in TVL, nearly 10 billion in stablecoins, and surging RWA and ETF activity as it courts institutions. Summary Arbitrum’s 2025 Transparency Report highlights more than 2.1 billion cumulative transactions, around 20 billion dollars in TVL, and stablecoin supply up 80% year‑on‑year to nearly 10…
GSR has acquired Autonomous and Architech in a $57 million deal, according to a company announcement, as the crypto trading firm expands its push to become a full-stack capital markets provider for tokenized organizations. The acquisition integrates Autonomous’s launch and operational support platform with Architech’s advisory capabilities, forming a unified offering that spans token design,…
Changpeng Zhao, the founder of Binance, known globally as CZ, has reportedly surpassed Microsoft co-founder Bill Gates in total net worth. According to new estimates, CZ’s fortune now sits at approximately $110 billion, edging past Gates’s $108 billion valuation, despite the crypto mogul serving a four-month prison sentence just last year. Comparing Changpeng Zhao to…
Vietnam is reportedly looking to tighten restrictions on overseas cryptocurrency trading as authorities move to bring more activity under domestic oversight. Summary Vietnam is preparing rules to restrict overseas crypto trading, with authorities aiming to curb capital outflows and tighten oversight of digital asset activity. Five firms, including affiliates of Techcombank, VPBank, and LPBank, have…
Global financial services giant Mastercard announced Tuesday it has reached a deal to buy BVNK, a stablecoin payment infrastructure provider, for up to $1.8 billion. The acquisition will integrate BVNK’s platform with Mastercard’s global network, creating seamless connections between fiat and stablecoins. Customers will gain access to innovative solutions for cross-border remittances, B2B payments, and tokenized…
A former LA County Sheriff’s deputy just got sentenced to 63 months in prison for running a violent extortion racket. The operation was led by a figure known as the “Crypto Godfather.” And it had nothing sophisticated about it. No exploits. No smart contract hacks. Just corrupt cops and physical intimidation dressed up in crypto…
