South Korea Makes First DEX Rug Pull Arrest in Catfi Case
South Korea, Seoul Southern District Prosecutors’ Office has arrested and indicted operators behind Catfi. This is the country’s first-ever rug pull prosecution tied to a decentralized exchange. The case, brought under the Virtual Asset User…
Clarity Act Chaos? Automating Compliant Crypto Yield with AI
The U.S. Senate is moving to unbanned passive stablecoin yield from every regulated platform in the country, as the industry is already engineering its way around it. The CLARITY Act has previously extended a yield prohibition that the earlier Genius Act…
HYPE Jumps 28% in a Week as Capital Rotates Into On-Chain Infrastructure; LiquidChain Nears $1M in Presale
Hyperliquid’s native token HYPE climbed 28% over the past seven days, briefly surpassing Solana on a fully diluted valuation basis as capital rotated out of larger crypto assets and into higher-growth on-chain infrastructure plays. That shift has…
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity offshore and cemented its reputation as a hostile jurisdiction for active traders, has now published…
Plume Network Launches Pre-Deposit Vault on Nest for Exclusive Rewards
Plume Network is a Layer-1 blockchain. It is designed to help with the tokenization of real-world assets. It launches its Pre-Deposit Vault on its ecosystem protocol Nest. This feature allows users to deposit stablecoins. Users can deposit…
Fireblocks Announces $1 Million Grant Program for PayPal USD Projects
Digital assets management platform Fireblocks has announced a $1 million grant program aimed at boosting the adoption of PayPal USD (PYUSD) stablecoin. According to Cointelegraph, the initiative is designed to support developers and companies building…
Tether Launches UAE-Based Dirham Stablecoin
In a significant move for the digital asset industry, Tether, the world’s largest stablecoin issuer, has announced the launch of a new stablecoin pegged to the United Arab Emirates Dirham (AED). This new digital asset, developed in collaboration…
Bank of Japan publishes its recent report on CBDC probe into “digital yen”
The Bank of Japan (BoJ) has been at the forefront of this exploration, delving into the potential of a ‘digital yen’. The latest report from the BoJ sheds light on the ongoing investigation into the CBDC, marking a significant step in the evolution of…