• Cryptocurrency

    CoinShares Secures EU MiCA Regulatory Approval

    Coinshares, the first European crypto asset management firm receives the MiCA license to run crypto operations and services in Europe.  With a license from France’s Autorité des Marchés Financiers (AMF), the company can now provide crypto portfolio management services across the entire EU under one unified regulatory framework. With this license, the firm is authorized to provide crypto portfolio management services throughout the 27-nation bloc, operating under a single, Coinshares announced on X, The exchange is the only platform to have the three licenses – MiFID, AIFM and now MiCA.   MiFID is a cornerstone of EU financial regulation. Its primary…

  • Cryptocurrency

    Here’s Why Americans Are Hesitant to Use Crypto

    A new report released Tuesday shows that many Americans still find it hard to get into digital assets because they don’t have enough information. The study, funded by the National Cryptocurrency Association (NCA), surveyed 2,000 people in the U.S. who don’t own crypto. About 70% said they need more information before they would consider using digital assets. The NCA is led by Stuart Alderoty, Ripple Labs’ top legal officer. It was launched in March with $50 million from Ripple to help Americans understand crypto by sharing real-life stories. Roughly half of the participants said they don’t understand how crypto works.…

  • Cryptocurrency

    Ether Machine Set To Launch $1.5B Institutional ETH Yield Fund 

    Ether Reserve: Not An ETF The firm has taken a different approach towards making Ethereum accessible for traditional investors working their angles in the cryptocurrency investing space. Designed for institutional investors, Ether Reserve has formed its entity with Dynamix Corp, a Nasdaq-listed special purpose acquisition company. Following the partnership, Ether Reserve will also be listed on Nasdaq under the ticker “ETHM”  with over 400,000 ETH.  The firm posted on X,  DeFI Focused Strategy  According to Ether Reserve’s website, the firm is not offering an ETF like Fidelity, BlackRock, Ark among others. Instead the firm aims to hold the largest holdings…

  • Cryptocurrency

    Ether Machine Founder Bullish On Ethereum, Mocks Bitcoin

    Pantera Capital backed Ether Machine’s founder Andrew Keys says that Ethereum has outperformed Bitcoin in the last 10 years. He said that he does not hold any Bitcoin and he would rather have an iphone than a landline.  He said that investors would have made more money by investing in Ether than Bitcoin. In his interview with CNBC he said that he is an Ethereum Guy and does not own any Bitcoin.  Keys Link To Ether Machine He serves as the chairman of Ether Machine, the firm that plans to launch its institutional Ether fund of 400,000 ETH valued at…

  • Cryptocurrency

    Grok Refuses Crypto Rover’s Request Citing Past Rug Pulls

    Grok, the AI developed by xAI, recently refused to assist crypto influencer Crypto Rover with a giveaway promotion. The AI based its decision on past research by on-chain investigator ZachXBT, which linked Crypto Rover to high-risk tokens and potential rug pulls. According to posts on X, Grok declined the request due to concerns about supporting someone involved in questionable crypto projects. It emphasized its commitment to transparency and integrity, stating: “As Grok 3 prioritises avoiding any action that might inadvertently support or legitimize potentially fraudulent activities.” The AI also referenced several past crypto schemes that caused harm to users, reinforcing…

  • Cryptocurrency

    Trump Bids Farewell to CBDCs

    Trump’s approach towards cryptocurrency regulation is fueled by entrepreneurial and democratic spirit. He launched World Liberty Finance and also signed an executive order to establish the Strategic Bitcoin Reserve (SBR). The Genius Act Genius Enough Trump has time and again said that he will not let CBDCs come into effect. His administration has issued both executive orders and policy statements to ban the development, issuance, and use of any federally-backed digital currency in the United States. The Genius Act was recently passed by the House and today was signed into law by Trump and Congress. This bill will prohibit the…

  • Cryptocurrency

    Crypto Week: Everything You Need To Know About The 3 Bills

    The U.S. The House of Representatives has passed three significant cryptocurrency bills, sending them to the Senate for further consideration. The bill trio majorly aim at classifying and creating a regulatory pathway for legalizing and regulating stablecoins and other digital assets.  Genius Act – Stabecoins Regulation  The “Genius Act” mandates that stablecoins, cryptocurrencies designed to maintain a constant value (typically a 1:1 dollar peg), must be backed by liquid assets such as U.S. dollars and short-term Treasury bills Eminent leader Summer Mersinger of the Blockchain Association, are calling this a “defining moment” for U.S. digital asset policy.  Clarity Act &…

  • Cryptocurrency

    Bitcoin Overtakes Silver, Telegram Goes Social, and a $27M Hack

    Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered: Bitcoin Becomes World’s 5th Largest Asset. Bitcoin has officially passed silver and now ranks as the fifth most valuable asset in the world.  Satoshi-Era Whale Moves After 14 Years of Silence. A Bitcoin wallet created in 2010 just became active after 14 years. It moved over $6.6 million worth of Bitcoin, raising questions about whether early adopters are preparing to cash out or rejoin the market. Ethereum DeFi Bridges to Telegram via Tac Mainnet Launch. Ethereum…

  • Cryptocurrency

    Trump to Open 401(k) Crypto Retirement Plans

    President Donald Trump is about to sign an executive order that would allow American 401(k) retirement plans to include alternative assets such as cryptocurrencies, gold, private equity, and infrastructure-focused funds.  The directive, expected to be issued this week, would mark a significant shift in how Americans can invest their retirement savings, potentially unlocking the $9 trillion 401(k) market for a broader range of asset classes.  In late May 2025,  Trump Administration “axed” crypto guidance brought forth in 2022 under the Biden administration on 401(k) retirement plans signaling a more favorable regulatory environment for digital assets under the Trump administration. Expanding…

  • Cryptocurrency

    Ex-Rugby Player Sentenced to Prison for Crypto Mining Scheme

    Former Rugby Player Shane Donovan Moore Sentenced to 2.5 Years for $900,000 Ponzi Scheme Disguised as a Cryptocurrency Mining Business. A former semi-professional rugby player has been sentenced to two and a half years in federal prison after orchestrating a $900,000 Ponzi scheme under the guise of a cryptocurrency mining business. According to a Department of Justice statement, Shane Donovan Moore operated Quantum Donovan LLC between January 2021 and October 2022, defrauding over 40 investors. Many of the victims were fellow rugby players from states including Washington, Utah, Oregon, Connecticut, and New Jersey. How Did the Scam Happen? The scam…