Tether freezes $27M on Garantex, forcing halt of Russian-linked exchange

BioNexus picks Ethereum over Bitcoin for treasury due to its programmability and utility Adoption 17 hours ago The company recognizes Bitcoin value as store asset, yet it highlights Ethereum staking and institutional adoption as key deciding factors. Go to Source

Kraken to start second phase of FTX creditor repayments in May

Kraken reportedly confirmed that the second phase of FTX creditor repayments will start on May 30. On March 6, FTX creditors’ representative Sunil Kavuri shared a screenshot of an email allegedly from Kraken. The email indicated that the exchange would initiate another round of repayments in May for customers affected by FTX’s 2022 collapse. According …

Bitcoin Breaks $90K Ahead of White House Crypto Summit

China’s economic stimulus measures and Friday’s highly anticipated White House Crypto Summit helped the cryptocurrency enter $90K territory. As Bitcoin Tops $90K, All Eyes Turn to White House’s High-Stakes Crypto Summit Bitcoin traded as high as $92,804.94 over the past 24 hours, influenced by global economic developments and anticipation of the upcoming White House Crypto …

Ethereum Devconnect to Host World Fair in Buenos Aires

The Ethereum Foundation has announced that Devconnect, an Ethereum-focused gathering of developers and the crypto community, will be held in Buenos Aires later this year. Due to the natural alignment of Argentina with Ethereum, the foundation has decided to especially support the local community in order to “bring Argentina on-chain.” This year’s Devconnect will feature …

Rep. Thomas Massie Reintroduces Bill to Abolish the Federal Reserve

This week, Representative Thomas Massie (R-KY) reintroduced H.R. 1846, the Federal Reserve Board Abolition Act, aiming to dismantle the central bank and repeal the 1913 Federal Reserve Act. A Congressional Push to Abolish the Fed The bill proposes a one-year transition period to dissolve the Board of Governors and the twelve regional Federal Reserve banks. …

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, March 6, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, has officially partnered with Elliptic to enhance its compliance framework. This collaboration aims to further strengthen LBank’s security measures and risk control standards, ensuring the highest level of asset protection for its users. As cryptocurrency …

Redstone’s Airdrop Cut Sparks Firestorm as Binance Halts RED Listing

Blockchain oracle Redstone faces community backlash and a Binance listing suspension following a controversial reduction in its RED token airdrop allocation. From 9.5% to 5%: Redstone’s Community Airdrop Allocation Slashed Redstone, a blockchain oracle providing data feeds for decentralized applications, has encountered significant turmoil after reducing its RED token community airdrop allocation, prompting Binance to …

Russian Exchange Garantex Halts Services as Tether Freezes $28M in USDT Tokens 

Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian …

As XRP Price Turns Bullish, Ripple Whales Rush to Join XRPTurbo Presale as Over 80% of Softcap Filled in Just 7 Days

This content is provided by a sponsor. Excitement is building rapidly around XRP as crypto markets turn bullish ahead of Donald Trump’s first-ever White House Crypto Summit this Friday. Speculation about a possible U.S. crypto reserve policy featuring XRP, ADA, and Solana is further fueling optimism, driving significant investor momentum. Amid this market rally, XRPTurbo …

This Catalyst Is Exactly What Altcoins Need To ‘Start Doing Something for Real,’ Says Analyst Kevin Svenson

Cryptocurrency analyst Kevin Svenson is highlighting a potential bullish catalyst for altcoins. In a new video, Svenson tells his 82,800 YouTube subscribers that an expansion in the global money supply could trigger a rally in altcoins. According to Svenson, previous altcoin rallies have erupted after an increase in the global money supply. “Every major bull …

AI Altcoin Jumps As South Korea’s Largest Crypto Exchange Announces Trading Support

One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of …

How can Bukele still stack Bitcoin after IMF loan agreement?

El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin. Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International Monetary Fund (IMF). El Salvador struck a $1.4 billion loan …

AI agents and blockchain are redefining the digital economy

From attention to intention, AI agents and blockchain technology can create a more user-centric, intent-driven digital ecosystem. Opinion by: Arunkumar Krishnakumar, head of institutional growth at Marinade Finance The rise of the internet and social media has redefined how brands reach out to billions of users worldwide. There is constant competition for users’ attention, to …

RWA tokenization trends and market outlook for 2025: Report

Discover how real-world asset tokenization is revolutionizing traditional finance by unlocking liquidity and transforming major asset classes such as real estate, debt and equity. At its core, tokenization transforms traditional assets into digital tokens that can be traded on a blockchain. Whether it be real estate, debt, bonds or shares of a company, tokenization brings …

How crypto exchanges handle liquidity crises after major hacks

Crypto exchanges manage liquidity crises following major hacks by leveraging insurance funds, seeking emergency financing, suspending services, and collaborating with industry players. A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations. Major hacks in the cryptocurrency exchange sector …

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