The cryptocurrency market experienced a significant surge on May 22nd, 2025, with a 2.5% increase in market capitalization, exceeding $3.48 trillion for the first time since February. This rally was primarily driven by Bitcoin’s new all-time high of $111,888, boosting…
Bitcoin’s market capitalization recently surpassed that of Amazon, reaching $2.205 trillion, a $70 billion increase over Amazon’s valuation. This milestone, coinciding with Bitcoin’s new all-time high above $110,000, has attracted significant attention from both crypto and non-crypto investors, according to…
FIFA has chosen Avalanche to power its dedicated blockchain network, designed to enhance fan engagement and NFT experiences. This layer-1 (L1) blockchain, built on Avalanche’s scalable infrastructure, aims to serve FIFA’s vast global fanbase of five billion. The decision follows…
The GENIUS Act, aiming to regulate dollar-pegged digital assets, is progressing through the US Senate with bipartisan support. Following a key procedural vote where 15 Democrats joined Republicans, David Sacks, President Trump’s advisor on crypto and AI, expressed confidence in…
Crypto shilling is the deceptive practice of artificially inflating the price or popularity of a cryptocurrency or token for personal profit. Shilling often involves exaggerated claims and hype, aiming to lure investors into buying before a coordinated sell-off (“pump and…
Despite Bitcoin (BTC) reaching record highs, exceeding $110,000 in May 2025, many traders anticipate an imminent price correction. This skepticism persists even with the surge fueled by institutional investment and increased regulatory clarity. The current bull market, some argue, is…
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued updated guidelines for virtual asset service providers (VASPs), effective June 19, 2025. A key focus is the clarification of rules surrounding Real-World Asset (RWA) tokenization, previously a theoretical concept. These updated rules,…
The Coinbase data breach, discovered on May 11th, 2025, and initially reported in a filing with the Maine Attorney General’s office, resulted in the theft of sensitive user data, including names, home addresses, and other personal information affecting at least…
Pakistan is establishing a dedicated regulatory body for blockchain-based financial infrastructure, signaling a significant shift in its approach to digital assets. The Pakistan Digital Assets Authority (PDAA) will oversee licensing and regulate various aspects of the crypto ecosystem, including exchanges,…
Microsoft’s Legal Action Against Lumma Stealer Malware Microsoft has launched a significant legal offensive against the Lumma Stealer malware, a potent information-stealing tool impacting thousands of computers globally. In a May 21 blog post, the tech giant detailed its collaboration…
