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.
Kyrgyzstan to Launch Gold-Backed Stablecoin Backed by $500M in Reserves
Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 …
Qadir AK·5 May 20251 min
Short NewsVitalik Buterin Plans to Streamline Ethereum for a Safer Future
Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help …
Qadir AK·3 May 20251 min
IRS Crypto Policy Leaders Step Down After Accepting “DOGE Exit Deals”
Seth Wilks and Raj Mukherjee, two key cryptocurrency policy leaders at the U.S. Internal Revenue Service (IRS), have resigned after accepting government-offered “DOGE Deferred Exit Deals.” Both joined the IRS in 2024 from the crypto industry, playing vital roles in shaping the agency’s crypto tax policies and developing the new 1099-DA tax form. Their departure …
Qadir AK·3 May 20251 min
Pi Network Mainnet Wallets Now Available Without Full Migration
Pi Network has just launched a major update that unlocks Mainnet wallets for a broader user base. Now, anyone who has even partially completed Pi’s KYC process can activate their Mainnet wallet—no need to wait for full migration. This move marks a pivotal step in Pi Network’s journey, allowing verified users to start using Pi …
Qadir AK·3 May 20252 min
Elon Musk to Likely Integrate Crypto Payments Into X, Says Anthony Scaramucci
Elon Musk is once again making waves, this time with bold plans to transform X (formerly Twitter) into a comprehensive “Everything App.” At the core of this vision is a financial ecosystem powered by X Money—an upcoming payment platform that may soon support cryptocurrency transactions. X Money: Merging Social Media, AI, and Payments X Money …
Qadir AK·2 May 20252 min
EU to Ban Anonymous Crypto by 2027 in Major AML Crackdown
The European Union is rolling out strict new Anti-Money Laundering rules that will ban privacy coins and anonymous crypto accounts starting in 2027. Under the AML Regulation (AMLR), banks, financial firms, and crypto service providers will no longer be allowed to offer or support anonymous accounts or privacy-focused cryptocurrencies like Monero and Zcash. The move …
Qadir AK·2 May 20251 min
Short NewsTether to Introduce U.S.-Backed Stablecoin by 2025
Tether is set to launch a U.S.-based stablecoin by the end of this year, with CEO Paolo Ardoino strengthening relationships with Washington. This move comes as the political landscape shifts under Trump’s influence, paving the way for more crypto-friendly regulations. The launch of Tether’s stablecoin marks a significant step in expanding its offerings and solidifying …
Qadir AK·2 May 20251 min
Short NewsWEMIX Faces Setback as South Korea’s Leading Exchanges Suspend Trading
South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. …
Qadir AK·2 May 20251 min
NewsDonald Trump’s 2025 Tax Plan Could Spark a 1000% XRP Price Rally, Analyst Claims
A viral post by the X account All Things XRP has sparked debate with a bold theory: former President Donald Trump’s proposed 2025 tax plan could be the catalyst for the next major crypto bull run—particularly benefiting XRP. The post presents a hypothetical scenario: the elimination of federal income tax for Americans earning under $200,000 …
Qadir AK·30 Apr 20252 min