Author: James Wilson
The Israeli financial markets regulator has shut down the crypto exchange Bitin for offering crypto trading services without the required license, reinforcing the country’s regulatory stance on crypto firms. The Israeli Capital Markets, Insurance, and Savings Authority has shut down Bitin for operating without the necessary license, as originally reported by Finance Magnates. Bitin has also been fined approximately $460,000, and all crypto trading services on the platform have now been halted. The exchange’s operator was previously denied a license in 2022 due to a criminal conviction related to tax offenses. Despite this, it proceeded to offer crypto trading services.…
Abu Dhabi Global Market has signed a Memorandum of Understanding with Chainlink to explore blockchain regulation, tokenization, and emerging technologies. The agreement will support blockchain projects registered with Abu Dhabi Global Market by providing access to Chainlink’s infrastructure and expertise. It also includes plans for educational events on topics like cross-chain interoperability and proof of reserves. The partnership aims to set regulatory standards for blockchain and artificial intelligence. This could help establish rules for how digital assets are created, transferred, and managed while ensuring compliance with financial regulations. Abu Dhabi Global Market is an international financial center in the United…
The official Trump memecoin, $TRUMP, went up more than 10% to $12.25 after Donald Trump shared a post endorsing the token on Truth Social. According to data from crypto.news, the official Trump (TRUMP) token has crossed over the $12 threshold, bouncing as high as $12.25. At press time, $TRUMP has gone up more than 9% in the past 24 hours. The token is currently trading hands at $11.94. In the past month, the token has experienced a decline, going down by more than 26.4%. Not only that, the Trump memecoin’s market cap has also gotten a much needed boost after…
Strategy has expanded its Bitcoin holdings with a $584 million purchase, bringing its treasury to over 506,000 BTC. Business analytics public company Strategy (formerly MicroStrategy) has acquired 6,911 Bitcoin (BTC), bringing its total BTC holdings at over 500,000 BTC. In an X post on March 24, Strategy’s founder Michael Saylor revealed that the company bought 6,911 BTC for $584.1 million last week. $MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin. $STRK https://t.co/3vSGnTUVcE—…
AMI, the native token of Amnis Finance, will make its market debut through MEXC on March 26. Around 8% of its token supply will be airdropped to early adopters. Aptos (APT) liquidity staking protocol Amnis Finance announced the launch of its governance token with an initial listing on the crypto exchange MEXC on March 26. The protocol hinted that the token will be listed on more exchanges soon. “Get ready to MOVE with the most anticipated TGE events on Aptos! A new chapter for Amnis Finance is about to start,” wrote the project on its recent post. $AMI is officially…
Hackers are exploiting vulnerabilities in Russian smart homes to create botnets, using the infected devices to mine cryptocurrency and launch DDoS attacks. Hackers are reportedly exploiting vulnerabilities in Russian smart homes to mine cryptocurrency and carry out cyberattacks, Russia’s state-controlled news agency TASS reports, citing a law enforcement agency. According to a March 24 report, cybercriminals are hijacking smart devices in homes to create botnets, which are being used to mine cryptocurrencies and launch DDoS attacks. While it’s still unclear how big the attack is or how long it’s been going on, the law enforcement agency also said that hackers…
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Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims to register an “OnChain” share class of its Fidelity Treasury Digital Fund (FYHXX), which holds cash and U.S. Treasury securities. Currently, this fund utilizes the Ethereum (ETH) network, with plans to potentially include other blockchains in the future. If approved, this fund will become active…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Codename:Pepe aims to transform the memecoin market by blending viral appeal with AI-driven trading precision. Although memecoins often lack fundamental utility, they’ve made headlines for turning everyday traders into overnight millionaires. The latest example comes from a crypto investor who turned a $27 investment in PEPE into a staggering $52 million, marking a 1,900,000x return. According to blockchain analytics firm Lookonchain, this trader remained inactive for 600 days before moving 2.1 trillion PEPE tokens, revealing one of the most…
Mantle’s native token, MNT, has broken out of a downtrend after an investment by World Liberty Financial. On Monday, March 24, WLFI, a DeFi project backed by President Donald Trump’s family, purchased about 3.54 million MNT for nearly $3 million USDC for an average purchase price of 84 cents, according to data sources Lookonchain and Arkham Intelligence. The latest purchase has increased WLFI’s MNT holdings to 5.99 million tokens, worth around $5.06 million at press time, while bringing its total crypto holdings, which include tokens like ETH, WBTC, TRX, LINK, AAVE, ENA, and others, to over $81.8 million. MNT powers…