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Binance founder Changpeng Zhao, known as CZ, said he held $1.6 billion worth of LUNA just before the 2022 Terra-LUNA collapse. Wu Blockchain reported on April 8 that Zhao discussed the Terra-LUNA crisis in his recently published memoir, Freedom of Mo
President Donald Trump said June 8 that the U.S. would discuss tariffs and sanctions relief with Iran. In a post on Truth Social, Trump said the U.S. would work closely with Iran, which he described as having undergone “a very productive regime chang
US Vice President JD Vance said on Aug. 8 that a two-week ceasefire agreement between the US and Iran remains "fragile." Speaking during a visit to Budapest, Hungary, Vance said Iran had agreed to keep the Strait of Hormuz open while the US had agree
The White House Council of Economic Advisers said allowing stablecoins to pay yield would have a limited effect on regional banks. Bloomberg reported on Aug. 8 that the council, in a report released that day, said bank lending would increase just 0.0
Japanese Prime Minister Sanae Takaichi held a phone call with Iranian President Masoud Pezeshkian and urged him to ensure safety in the Strait of Hormuz. Takaichi spoke with Pezeshkian for about 25 minutes on July 8, NHK and other local media reporte
Iran’s navy has told ships anchored near the Strait of Hormuz that they still need permission to transit the waterway, The Wall Street Journal reported on July 8. The newspaper said Iran’s navy sent the notice to vessels near the strait that day. It
South Korea’s Financial Intelligence Unit has given cryptocurrency exchange Coinone advance notice of sanctions over violations of anti-money laundering obligations, according to industry officials. The FIU, which operates under the Financial Service
Coinbase, the U.S. cryptocurrency exchange, has obtained a regulatory license in Australia. The company said on its website July 7 that it had secured an Australian Financial Services Licence, or AFSL. The license will allow Coinbase to offer Austral
Swift plans to launch a blockchain-based ledger service in the first half of this year. CoinPaprika reported on March 7 that Swift recently began building the blockchain ledger, targeting a launch within the first half. More than 40 banks are partici
Stablecoin supply on the Ethereum network has exceeded $180 billion, setting a record high. Cointelegraph, citing data from blockchain analytics firm Token Terminal, reported on July 7 that stablecoin supply on Ethereum totaled about $180 billion as
A two-week truce between the US and Iran has lifted sentiment in the cryptocurrency market, though further gains may be limited, analysts said. The Block reported on June 7 that geopolitical tensions eased after President Donald Trump announced a two
Debate over South Korea’s Digital Asset Basic Act remains deadlocked in the National Assembly, as Min Byung-deok, a lawmaker from the Democratic Party, called won-denominated stablecoins a national strategic priority and urged swift legislation. Indu
Min Byung-duk, a lawmaker from South Korea’s Democratic Party, said April 7 that stablecoins have moved beyond financial policy and into the realm of national strategy. Speaking at a seminar at the National Assembly Members’ Office Building in Seoul
Interview with Terence Kwok, founder of Humanity Decentralized identity verification project Attending ‘CIS 2026’…“expanding partnerships” ‘Proof of Trust’ model...in the spotlight as AI fraud surges Signals intent to target Korea…“a large, active ma
Shockwaves from the Middle East conflict are weighing on investor sentiment toward cryptocurrencies such as Bitcoin (BTC). Some observers warn that if a surge in global oil prices turns stagflation—an economic downturn amid high inflation—into realit
Iraq is bypassing the Strait of Hormuz and exporting crude oil by land. According to foreign media outlets including The Cradle on the 2nd (local time), Iraq’s Oil Ministry said in a statement that day that it had "begun exporting crude oil using Eur
Some officials in the U.S. banking and cryptocurrency industries are set to begin a closed-door review of provisions in the draft “Crypto Market Structure Act (Clarity Act)” related to stablecoin yields. Politico, a U.S. political news outlet, report
An analysis suggests that geopolitical tensions surrounding Iran and a sharp rise in oil prices are dampening investor sentiment in the crypto market. Still, with major cryptocurrencies such as Bitcoin (BTC) showing more resilience than expected, the
US digital bank Erebor has added Sui (SUI) to its payments blockchain. Sui said via its official website on the 2nd (local time) that "Erebor supports Sui-based payments." Sui added that "Sui is one of the few blockchains supported by Erebor," and th
The International Monetary Fund (IMF) said the U.S. Federal Reserve (Fed) is expected to deliver only one interest-rate cut this year. According to Bloomberg on the 2nd (local time), the IMF said in its "Article IV consultation" report released the d
Yzi Labs, the venture capital arm of global cryptocurrency exchange Binance, has made a follow-on investment in prediction-market platform Predict.fun. On the 2nd (local time), Yzi Labs said via X that it had carried out a strategic follow-on investm
Amid a sharp rally in global oil prices, the probability on global prediction-market platform Polymarket that West Texas Intermediate (WTI) will top $120 this month has risen above 70%. According to Polymarket on the 2nd (local time), the odds that W
The number of initial jobless claims in the United States last week came in below market expectations. The US Department of Labor said on the 2nd (local time) that initial jobless claims totaled 202,000 last week. The figure was 10,000 below economis
French President Emmanuel Macron has called claims that military force should be deployed to reopen the Strait of Hormuz “unrealistic.” According to Bloomberg on the 2nd (local time), speaking to reporters in South Korea during a state visit, Macron
A revamp of global prediction-market platform Polymarket’s fee model has sent related revenue surging threefold. Cointelegraph reported on the 2nd (local time), citing data from DefiLlama, that Polymarket’s daily fees jumped from $363,000 on the 30th
Crypto exchange HTX (formerly Huobi) has removed Tron (TRX) from its platform token lineup. Justin Sun, Tron’s founder and an adviser to crypto exchange HTX, said via X on the 2nd (local time) that it has “designated HTX as Huobi’s sole platform toke
Bitcoin (BTC) selling pressure is intensifying, led by U.S.-listed companies including Digital Asset Treasury (DAT) firms. According to CoinDesk on the 1st (local time), Nasdaq-listed Empery Digital said it sold 370 bitcoins for $24.7 million that da
A hacker who recently attacked Drift (DRIFT), a Solana (SOL)-based DeFi protocol, has been found to have purchased about 1,200 Ethereum (ETH). According to Onchain Lens on the 1st (local time), the Drift hacker bought 1,195 ETH for about $2.46 millio
Ali Akbar Velayati, senior adviser on international affairs to Iran’s Supreme Leader Mojtaba Khamenei, said that “the Strait of Hormuz will always be closed to enemies.” According to Iran’s semi-official Tasnim News Agency on the 1st (local time), Ve
Metaplanet, dubbed the “Japan version of Strategy,” was found to have spent about $400 million in the first quarter to purchase more than 5,000 bitcoins (BTC). Simon Gerovich, Metaplanet’s chief executive officer (CEO), said on X that the company “pu