Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions….
MiCA license in Austria lets KuCoin offer regulated crypto services across 29 EEA states, boosting its compliance, security standards, and EU market reach. Summary KuCoin’s Austrian MiCA license allows trading, custody, and other digital asset services across 29 EEA countries under a unified EU regime. The approval aligns with KuCoin’s broader “$2 billion Trust Project,”…
ADA trades lower after a brief network partition as analysts weigh Cardano’s resilience against higher-risk upside in Remittix’s Black Friday presale push. Summary Cardano price suffered a November 21 mainnet partition tied to a faulty delegation transaction, which engineers resolved within hours, but ADA remains at lower levels. Remittix is running a 200% Black Friday…
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s…
Bitcoin sank at Asia’s open, triggering leveraged liquidations and a broad crypto selloff as gold rallied and macro uncertainty fueled a sharp, volatile reset. Summary Bitcoin dumped from weekend levels at the Asian open, sparking forced long liquidations and a broad crypto market drawdown. Gold rallied as macro and Fed-policy uncertainty pushed some capital toward…
Monad price has retraced after a strong rally, with a recent public dispute over its valuation weakening sentiment. Summary Monad has dropped toward the $0.024 support area after a sharp sell-off. A public dispute between Arthur Hayes and Monad’s CEO over FDV and token structure shifted sentiment during the token’s first trading week. The market…
Crypto prices today (Dec. 1): BTC, ETH, BNB, XRP slide amid thin liquidity and $600M in liquidations
South Korea is pushing to finalize a new digital asset act by January, after ruling and opposition lawmakers agreed on a stablecoin framework that had stalled negotiations for months. Summary South Korea’s ruling and opposition parties agreed on a bank-led consortium model for issuing KRW stablecoins. Lawmakers set a Dec. 10 deadline for the government…
Arthur Hayes warned that Tether is running a risky interest rate trade that could threaten USDT solvency if markets move against the stablecoin issuer. Summary Arthur Hayes says a 30% drop in Tether’s BTC and gold could erase its equity. Hayes argues the company’s interest-rate strategy may strain USDT solvency. Tether shuts Uruguay mining as…
Pi Network price had a relatively strong performance in November, as it did better than most coins. Summary Pi Network price has remained in a tight range in the past few days. The network will unlock 190 million tokens worth over $46 million in December. The token has formed a symmetrical triangle pattern on the…
