Impeached South Korean president Yoon arrested weeks after martial law attempt
The impeached South Korean president was taken into custody for questioning by South Korea’s Corruption Investigation Office on Jan. 15.
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Indonesia could be charting new frontiers as a global adoption leader
Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations.
SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the Bitwise 10 Crypto Index exchange-traded fund (ETF), citing the need for additional time to thoroughly review the proposal. SEC Needs More Time to Decide on Bitwise 10…
Inflated TVL Figures Could Pop a $30B Bitcoin Defi Ecosystem
Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $30 billion in total value locked (TVL), Bitcoin decentralized…
Singapore Cracks Down: Polymarket Blocked Amidst Global Scrutiny of Unlicensed Gambling Platforms
Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part…
CFTC mulling probe of Crypto.com over Super Bowl contracts: Report
The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.
Circle Reports $18 Trillion in Lifetime USDC Transactions
The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum…
SEC sues Elon Musk claiming disclosure failures with Twitter stock
The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.
CryptoPunks NFT floor price spikes 13% on rumors of IP sale
Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.
Ripple execs lash out at SEC’s refusal to postpone appeal filing
According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days.