Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court to suspend the termination of trading support on major South Korean exchanges for the Flow blockchain’s native FLOW token. Summary Flow Foundation and Dapper Labs have asked a Seoul court to suspend the planned termination of FLOW trading on Upbit,
Strategy may be gearing up for its 101st Bitcoin purchase, according to a cryptic post shared by co-founder Michael Saylor. Summary Michael Saylor has hinted at Strategy’s 101st Bitcoin purchase. The company currently holds 720,737 BTC worth over $48.7 billion. Bitcoin was trading near $67,500, below Strategy’s average purchase cost. As is often the case
Large XRP holders have significantly increased their positions in recent months, accumulating billions of tokens following the sharp market downturn that began around October 10. Summary Large XRP holders accumulated 4.18 billion tokens following the Oct. 10 market crash, according to Santiment data. Wallets holding 10M–100M XRP now control roughly 10.87B tokens, signaling sustained whale
Dubai’s virtual assets regulator has issued a public warning about several companies linked to the crypto exchange KuCoin, alleging they may have been promoting or providing services to residents without the required authorization. Summary Dubai’s VARA issued an alert naming Phoenixfin Pte Ltd, MEK Global Limited, Peken Global Limited, and KuCoin Exchange EU GmbH for
U.S. banking regulators have clarified how tokenized securities should be treated under existing capital rules, stating that blockchain-based versions of traditional financial instruments will generally receive the same regulatory treatment as their conventional counterparts. Summary The Federal Reserve and other U.S. banking regulators said tokenized securities should receive the same capital treatment as traditional securities
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. I keep hearing the same lazy line that Europe “regulates first, innovates later.” That sounds clever on a panel. It also ignores what is happening on the ground. Firstly, financial markets do
Pi Coin price is in a technical bull run after soaring by 56% from its lowest level this year. It has soared to its highest level in over two weeks despite the ongoing crypto crash. Summary Pi Coin price has moved into a technical or local bull market. The rally is happening despite the ongoing
Crypto prices continued the strong downward trend today, March 8, as the war in Iran continued, pushing crude oil prices to $115 ahead of the upcoming US consumer inflation report. Summary Crypto prices continued falling today, with Bitcoin moving to $96,000. Crude oil prices jumped to over $115 on Hyperliquid. The US will publish its
In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings. Summary Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC. Deloitte verified USAT reserves in the stablecoin’s first attestation. Kazakhstan plans a $350M
Kalshi faces a class-action lawsuit over disputed payouts totaling approximately $54 million related to bets on Iranian Supreme Leader Ali Khamenei’s departure from office. Summary Kalshi faces a $54M class-action lawsuit over disputed Khamenei bets. Traders say the platform retroactively excluded death-based outcomes. Kalshi argues the death exclusion existed from the market’s launch. Users who
