In a significant development within the cryptocurrency sector, a new platform named WLFI has announced its entry into the fray with a unique proposition: a transferable stablecoin. This initiative comes at a time when the crypto industry is seeing heightened regulatory scrutiny, making the audit aspects of WLFI’s offering particularly noteworthy. W
Flickr Moves 1,000 Top Cultural Photos to Filecoin Storage
Flickr Foundation uploaded 1,000 top-viewed cultural photos to Filecoin to ensure long-term preservation and public access. Filecoin and IPFS enable decentralized storage, keeping archives safe even if original hosts go offline permanently. Fresh news comes from the world of online photography. The Flickr Foundation has just completed the process o
Fannie Mae and Freddie Mac Told to Consider Crypto in Mortgage Reviews
Fannie Mae and Freddie Mac have been directed to look into how cryptocurrency might be included when evaluating mortgage applications.
Nvidia (NVDA) Share Price Soars to Record High
Yesterday, Nvidia’s (NVDA) share price surged by over 4%, with the following key developments:→ It broke through the psychological $150 per share level;→ It reached a new all-time high;→ It also contributed to the Nasdaq 100 index hitting a record peak, as we reported earlier this morning. As a result, Nvidia has reclaimed its status […]
Widow Loses $282,000 in Romance Scam Tied to Bitcoin ATMs
A police operation in Australia aimed at tracking misuse of cryptocurrency ATMs has led to contact with over 90 people across the country.
Nasdaq 100: A New All-Time High
As shown on the Nasdaq 100 chart (US Tech 100 mini on FXOpen), the value of the technology stock index has risen above its February peak, setting a new historical high. Bullish sentiment may be supported by:→ Easing concerns over potential US involvement in a Middle East war, as the ceasefire between Israel and Iran […]
Markets Consolidate Ahead of Key Economic Data from the US and Canada
Currency markets are showing restrained movement, with USD/CAD and AUD/USD pairs remaining in a consolidation phase amid rising geopolitical tensions and anticipation of key economic data releases from the US and Canada. Investors are opting for a wait-and-see approach ahead of inflation data and consumer activity reports that could significantly i
Ethena and BaFin Agree on USDe Exit Plan for EU Holders
Ethena and BaFin launched a 42-day redemption plan allowing EU users to redeem USDe before the firm’s exit. BaFin revoked its March ban, enabling Ethena GmbH to dissolve and transfer claims to its offshore entity. Ethena Labs has finally ended its long tug-of-war with the German financial regulator. They recently announced that Ethena GmbH and [&he
Amid Circle’s IPO Success in the US, Hong Kong Gears Up with Stablecoin Regulation
The Hong Kong Monetary Authority (HKMA) has confirmed that it will implement the Stablecoin Ordinance on 1 August 2025. This law will allow fiat-pegged stablecoin issuers to apply for licences in the territory. The confirmation followed the successful public listing of USDC issuer Circle in the United States. Its stock market debut demonstrated the
Barclays to Blocks Crypto Card Transactions Starting June 27
Barclays will block crypto purchases via cards starting June 27, citing debt risk and lack of consumer protections. Despite the ban, Barclays holds millions in Bitcoin ETF shares through institutional investment channels. Starting June 27, 2025, Barclays customers will no longer be able to purchase crypto assets using their credit or debit cards. T