Short News
522 articles
Hong Kong’s HK SFC Unveils New Staking Rules for Crypto Platforms
The Hong Kong Securities and Futures Commission (SFC) has released updated guidelines for licensed virtual asset trading platforms. The new rules allow these platforms to offer staking services, enabling users to earn rewards on digital assets. However, the guidelines mandate strict risk reduction measures, robust protection of customer assets, and full disclosure of staking risks. …
Qadir AK·7 Apr 20251 min
Crypto Market Down: $985M Liquidated, Bitcoin Falls Below $78K
In a dramatic market crash today, $985 million was liquidated, sending shockwaves through the crypto world. Bitcoin fell below $78,000, while key altcoins such as XRP, SOL, and ETH dropped roughly 15%. The rapid sell-off underscores the inherent volatility of digital assets as investors face uncertainty amid ongoing regulatory and economic pressures. With sharp downturns …
Qadir AK·7 Apr 20251 min
Satoshi Nakamoto’s 50th Birthday
Today, April 5, 2025, marks the 50th birthday of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, based on the birthdate on his P2P Foundation profile. Despite revolutionizing global finance and technology, Satoshi remains an enigma with a hidden fortune of about $91 billion. His groundbreaking work in launching Bitcoin continues to inspire and puzzle the …
Qadir AK·5 Apr 20251 min
Grayscale Files for Solana ETF
Grayscale has taken a big step towards mainstream adoption of Solana (SOL) by filing an S-1 application for a Solana Exchange-Traded Fund (ETF). This move could make Solana more accessible to both retail and institutional investors, providing a regulated way to invest in the cryptocurrency. As Solana continues to gain traction in the blockchain space, …
Elena R·4 Apr 20251 min
Bitcoin & Ethereum ETFs See Major Outflows—BlackRock Stands Firm
April 3 marked another tough day for crypto ETFs, with Ethereum ETFs losing $3.59 million in net outflows for the third straight day. Bitcoin ETFs took an even bigger hit, with $99.86 million in outflows, signaling investor caution. However, BlackRock’s IBIT stood firm as the only fund to see net inflows, proving its resilience in …
Qadir AK·4 Apr 20251 min
Brazil’s Largest Bank Plans to Launch Its Own Stablecoin
Brazil’s largest bank, Itaú Unibanco, with over 55 million customers, is considering launching its own stablecoin. Guto Antunes, head of digital assets, says interest has grown due to the U.S. government’s evolving crypto stance. He highlights blockchain’s potential for atomic transactions and hints at a possible Brazilian real-backed stablecoin. However, Itaú is first studying the …
Elena R·3 Apr 20251 min
Short NewsMetaplanet Boosts Bitcoin Holdings with ¥2.63 Billion Raise
Japanese public company Metaplanet has secured ¥2.63 billion in funding to expand its Bitcoin holdings. This move reinforces its commitment to crypto as a strategic asset, following the footsteps of major institutional investors embracing Bitcoin as a hedge. As traditional markets fluctuate, Metaplanet’s bold decision highlights growing corporate confidence in digital assets. With this latest …
Qadir AK·3 Apr 20251 min
CZ Donates $1.2M in Crypto to Earthquake Victims
Binance founder CZ has donated 1,000 BNB ($600K) each to Myanmar and Thailand to support earthquake relief efforts. The combined $1.2 million donation aims to provide urgent aid to affected communities. This move highlights the growing role of crypto philanthropy in disaster response, offering fast and borderless support. Binance continues to use its resources to …
Zafar Naik·3 Apr 20251 min
Short NewsHouse Committee Approves STABLE Act – What’s Next for Crypto?
Following a 13-hour debate, the U.S. House Financial Services Committee has passed the STABLE Act with a 32-17 vote, with six Democrats joining Republicans in support. This bill focuses on stablecoin regulation and now heads to a full House vote for further approval. The strong bipartisan backing suggests growing interest in establishing clear rules for …
Sohrab Khawas·3 Apr 20251 min