News

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes.Mercurity plans to raise $800…Read More

Circle has announced the launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This development allows the nearly two million users who previously held bridged USDC in their World App wallets to upgrade to native USDC issued directly by Circle, ensuring that their holdings are now fully backed by liquid…Read More

Ether futures data shows momentum, with ETH price more than doubling since April lows, increasing the chance of a rally to $4,000 in the coming weeks. Key takeaways:Ether’s price has rallied 108% to $2,880 since April 9. ETH futures open interest hit all-time highs of $20 billion, signaling bullish sentiment.Read moreRead More

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Outgoing FSB Chair Klaas Knot says stablecoins and ETFs are accelerating crypto’s integration into traditional finance, raising systemic risk concerns. The Financial Stability Board (FSB) is sounding the alarm on growing risks from the crypto sector, warning that interlinkages with traditional finance are nearing a critical threshold.Speaking in Madrid on Thursday, outgoing FSB Chair Klaas…Read More

Binance’s rollout in Syria features a full access launch, allowing Syrians to trade at least 300 tokens, including Bitcoin, XRP, Toncoin and more. Binance, one of the world’s largest crypto exchanges, became one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May.Syrian residents…Read More

With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network. Bitcoin’s total supply is hardcoded at 21 million BTC, a fixed upper limit that cannot be altered without a consensus-breaking change to the protocol. This finite cap…Read More

A new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in Brazil. The draft restricts cryptocurrency trading to licensed traders and establishes a daily tax on these activities. Lula’s Party Bill to Establish Restrictions on Bitcoin Mining, Cryptocurrency Trading While Brazil already has a…Read More

The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s…Read More

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported. Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms.Ant International, a Singapore-based unit of the Jack Ma-backed…Read More

Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW.The core issue…Read More

French police have arrested several individuals suspected of being involved in the kidnapping of the father of a wealthy cryptocurrency entrepreneur last month. This incident is part of a troubling trend of kidnappings and extortion attempts targeting families of high-net-worth individuals in the cryptocurrency sector. The kidnapping occurred on May 1 in Paris, where the…Read More

A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds. Masterminds Convert Cash to Crypto in Bid to Hide Funds…Read More

MEXC has introduced a $100 million Guardian Fund to enhance user protection, with full blockchain transparency allowing real-time public verification of fund balances and usage. MEXC Sets Industry Standard With Fully Transparent Safety Net for Crypto Users Global crypto exchange MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security…Read More