Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Short NewsBinance’s CZ Denies Fixer Role in Trump-Linked Crypto Project
Binance founder CZ has denied claims from a recent Wall Street Journal report accusing him of acting as a “fixer” for the Trump-affiliated crypto project World Liberty Foreign (WLF). CZ called the report’s questions biased and based on incorrect facts. He stressed that he had no involvement in WLF’s dealings or any personal connections with …
Qadir AK·23 May 20251 min
Short NewsWall Street Giants Join Forces to Launch Regulated Stablecoin
JPMorgan, Bank of America, Citi, and Wells Fargo are teaming up to create a regulated stablecoin. This move aims to modernize digital payments by making them faster, safer, and more reliable. By working together, these big banks want to offer a trusted alternative to crypto-native stablecoins and reshape how money moves digitally. This collaboration signals …
Qadir AK·23 May 20251 min
JPMorgan, BofA, and Wells Fargo Plan Stablecoin Launch Amid Crypto Disruption
As digital assets continue to reshape global finance, America’s biggest banks are moving to reclaim their role at the forefront. A new report by The Wall Street Journal reveals that JPMorgan, Bank of America, Citigroup, and Wells Fargo are exploring a joint stablecoin initiative, one that could transform traditional banking’s approach to digital money and …
Qadir AK·23 May 20253 min
USD1 Stablecoin Goes Live on Binance, Reaching 270 Million Users
USD1 stablecoin is now listed on Binance, the world’s largest crypto exchange, making it accessible to over 270 million users worldwide. Fully backed by U.S. Treasuries, USD1 offers a secure and reliable digital currency option. This move helps strengthen the bridge between traditional finance and the crypto world, supporting wider adoption of stablecoins. With its …
Qadir AK·22 May 20251 min
SUI DEX Cetus Hacked — $11M Drained, Tokens Crash Over 75%
Cetus, a leading decentralized exchange (DEX) on the SUI blockchain, has suffered a major hack. The attacker drained $11 million worth of SUI tokens from the SUI/USDC liquidity pool, causing a sharp drop of over 75% in most token prices. The pool was nearly emptied, severely impacting trading activity. Cetus has confirmed the incident and …
Qadir AK·22 May 20251 min
Short NewsBinance to List World Liberty Financial USD (USD1)
Binance will list World Liberty Financial USD (USD1) on May 22, 2025, at 12:00 UTC. The exchange will open the USD1/USDT spot trading pair. USD1 is a US dollar-backed digital asset created by World Liberty Financial (WLFI). It is issued and managed by BitGo Trust Company, offering users a secure and stable digital currency option. …
Qadir AK·22 May 20251 min
Coinbase Data Breach Update: Hacker Moves $42.5M in Bitcoin to Ethereum
The hacker behind the Coinbase data breach has mocked publicly blockchain sleuth ZachXBT while swapping $42.5 million in Bitcoin to Ethereum. The message “L bozo” was left on-chain, clearly mocking ZachXBT and other analysts tracking the movement. This unusual act of digital defiance unfolded just after Coinbase refused to meet a $20 million ransom demand. …
Qadir AK·22 May 20252 min
Short NewsCanary Refiles with New Name for Solana ETF Push
Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark …
Qadir AK·21 May 20251 min
Bloomberg System Outage Disrupts UK Debt Auction and Market Updates
Bloomberg experienced a system outage on Wednesday that delayed UK government bond sales and disrupted real-time market data for traders worldwide. The disruption affected customer activity and caused delays in the UK debt auction, impacting global markets. A Bloomberg spokesperson confirmed that their systems are now returning to normal and Terminal functionality has been fully …
Qadir AK·21 May 20251 min