Author: Anshul

Who Owns Cardano’s ADA?

Input Output Global (IOG) founder Charles Hoskinson has clarified that IOG’s ADA holdings are private profits and not “people’s money.” In a recent X thread, Hoskinson responded to community questions about why IOG, the Cardano Foundation (CF), and Emurgo haven’t collectively contributed ADA to support USDC integration. Hoskinson explained that IOG’s ADA was earned as […]

Will MicroStrategy Buy More Bitcoin?

Bitcoin’s recent volatility has left holders uneasy, with the price hovering near $90,000 and long positions liquidated across exchanges. However, Michael Saylor’s MicroStrategy appears unfazed, sparking speculation of a potential new Bitcoin purchase amid the bearish market. On January 12, Saylor shared his 10th consecutive weekly Bitcoin tracker on X. Historically, these posts have preceded […]

Pi Network Nears Open Mainnet Launch Amid KYC Challenges

More than five years since its inception, Pi Network is edging closer to the launch of its native token and open mainnet. However, the community is still awaiting the final stages of the project, which depend on critical milestones like Know-Your-Customer (KYC) verifications and mainnet migrations. The Path to Open Network The Pi Network team […]

Trader Turns $1M Loss into $2.5M Profit with PIPPIN

Cryptocurrency trading often delivers fortunes or losses in the blink of an eye. One recent example is a PIPPIN trader who reversed a $1 million loss into an astounding $2.5 million profit, earning the admiration of the crypto community. Turning Losses into Life-Changing Gains In early November, the trader invested 5,441 SOL (approximately $1.15 million) […]

Germany’s Central Bank Stresses Need for Digital Euro

Burkhard Balz, a member of the executive board of Germany’s central bank, has emphasized the importance of the digital euro in safeguarding Europe’s financial autonomy. In an interview with Süddeutsche Zeitung, Balz outlined the initiative’s critical role in bolstering Europe’s resilience in a digitalized and globally competitive environment. Balz explained that the digital euro would […]

FTX Denies Backpack’s FTX EU Acquisition Claims

FTX.com and the FTX Recovery Trust have called out Backpack’s claims of acquiring FTX EU, describing them as misleading and unapproved. In a press release dated January 7, 2025, Backpack alleged that it had acquired FTX EU and would assist with customer repayments. However, FTX swiftly debunked these assertions, providing clarity on the actual ownership, […]

South Korea to Ease Institutional Crypto Trading Rules

South Korea is poised to relax restrictions on institutional cryptocurrency trading, signaling a significant shift in policy as the government aims to bolster the nation’s crypto industry. The Financial Services Commission (FSC) announced plans to grant institutions access to local crypto exchanges in phases, starting with non-profit organizations, according to a Yonhap News Agency report. […]

Pakistani Trader Kidnapped for $340K Crypto

A Pakistani cryptocurrency trader, Mohammed Arsalan, was abducted in a scheme allegedly involving local law enforcement officers. Arsalan was released only after transferring $340,000 in cryptocurrency from his Binance account to his captors. According to a report by local news outlet Dawn, the crime has led to seven arrests, including a member of the Pakistani […]