Short News
522 articles
Short NewsPolygon Co-Founder Sandeep Nailwal Takes Over as CEO
Sandeep Nailwal, co-founder of Polygon, has officially stepped in as CEO, marking a shift from the project’s previous decentralized governance model. The Polygon Foundation, which oversees Polygon Labs and other parts of the ecosystem, will now operate under Nailwal’s leadership. This move comes as Polygon looks to sharpen its focus and strategy in response to …
Elena R·11 Jun 20251 min
Short NewsMEXC Launches $100M Protection Fund for Platform Security
Crypto exchange MEXC has introduced a $100 million protection fund to guard against security vulnerabilities, hacks, and system risks. To ensure transparency, the fund’s wallet addresses and real-time balances will be made publicly available on the MEXC website. Users can track transactions directly through blockchain explorers. This move aims to boost user trust and platform …
Qadir AK·11 Jun 20251 min
Short NewsUkraine Eyes Bitcoin for National Reserves in New Proposal
Ukraine has introduced a new bill that could allow its central bank to hold Bitcoin and other cryptocurrencies as part of the country’s official reserves. The proposal marks a major shift in Ukraine’s approach to digital assets, signaling growing acceptance of crypto at the state level. If passed, the move would align Ukraine with a …
Qadir AK·11 Jun 20251 min
Short NewsCrypto Exchange Bullish Files for IPO
Peter Thiel-backed crypto exchange Bullish has confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC). The move comes as the company seeks to capitalize on the Trump administration’s favorable stance on digital assets. Bullish was founded by Block.one, the company behind EOS, and made headlines in 2023 after acquiring crypto news …
Elena R·11 Jun 20251 min
Short NewsFrance’s Societe Generale Launches USD-Backed Stablecoin on Ethereum & Solana
Societe Generale-Forge, the crypto division of one of France’s top three banks, has launched a new USD-pegged stablecoin called USD CoinVertible (USDCV). The stablecoin will operate on both Ethereum and Solana blockchains, making it accessible across major decentralized ecosystems. BNY Mellon will act as the asset custodian, ensuring secure backing of the stablecoin. This move …
Qadir AK·10 Jun 20251 min
Short NewsSouth Korea Proposes New Crypto Bill with Stablecoin Licensing Rules
South Korean lawmaker Min Byeong-deok has introduced a new bill aimed at strengthening crypto regulations. Called the Digital Asset Basic Act, the proposal includes a licensing system for stablecoin issuers. To qualify, issuers must hold over 500 million Korean won (about $367,890) in owner’s capital. Min, a member of the ruling Democratic Party, said the …
Zafar Naik·10 Jun 20251 min
Short NewsRipple Invests $5M to Boost Blockchain Talent Across Asia-Pacific
Ripple is strengthening its blockchain education efforts in the Asia-Pacific region with a fresh $5 million funding boost through its University Blockchain Research Initiative (UBRI). The investment spans six countries, including new support for institutions in Taiwan and Australia, and renewed partnerships in South Korea, Japan, and Singapore. This move highlights Ripple’s ongoing commitment to …
Qadir AK·10 Jun 20251 min
KULR Technology to Raise $300 Million to Buy Bitcoin
KULR Technology, a publicly traded company, announced plans to raise $300 million to buy Bitcoin. The funds will be used strategically to increase their Bitcoin holdings, marking a significant move into the cryptocurrency space. This decision highlights the company’s strong confidence in Bitcoin’s future and its growing role in corporate investment strategies. KULR aims to …
Zameer Attar·9 Jun 20251 min
Short NewsMichael Saylor’s Strategy Buys 1,045 BTC
Strategy has acquired 1,045 more Bitcoin for around $110.2 million at an average price of $105,426 per BTC. This brings their total holdings to 582,000 BTC as of June 8, 2025. The company has spent roughly $40.79 billion overall, with an average purchase price of $70,086 per Bitcoin. Year-to-date in 2025, Strategy has achieved a …
Qadir AK·9 Jun 20251 min