Six VASPs Tapped for New Supervisory Pilot The Central Bank of Nigeria has officially launched an anti-money laundering and counter-financing of terrorism supervisory pilot program. The new pilot is designed to align Nigeria with the Financial Action Task Force (FATF) Recommendations 15 and 16—specifically the travel rule, which requires virtual asset service providers to share …
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Bridging the Gap With Human Speech Human API, the Delphi Ventures–backed platform enabling artificial intelligence (AI) agents to coordinate directly with humans, has unveiled its new mobile app for iOS and Android. The app democratizes access to the emerging agentic economy, allowing contributors worldwide to complete AI-assigned tasks and receive payments seamlessly. The app’s initial …
The Commodity Futures Trading Commission (CFTC) has levied a $500,000 penalty and restrictions against crypto exchange KuCoin’s operator, barring it from allowing US users to trade on its platform without proper registration. The CFTC says a federal court in the Southern District of New York entered a consent order against Peken Global Limited, the entity …
XRP (XRP) traded 64% below its multi-year peak of $3.66 on Thursday, as more signs of a potential deeper correction toward $1 emerged. Key takeaways: XRP faces stiff resistance above $1.40, where more than 1.1 billion tokens were previously acquired. Declining daily active addresses signal reduced transaction activity and cooling network demand for XRP. Muted …
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Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Key points: Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation. US dollar strength ramps up on the back of an anticipated breakout to yearly highs. Bitcoin would face “new …
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Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his role in the collapse of the crypto exchange and the misappropriation of user funds. As part of the supplemental consent order, Singh will be required to pay a disgorgement of $3.7 …
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The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17, …
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Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources …
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AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market. “The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” …
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Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei. “On April 1, with strong support from the relevant authorities …
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Taiwan should reconsider adopting Bitcoin as a reserve asset to hedge against global turmoil and the risk of war, according to a research fellow at the Bitcoin Policy Institute. In a report on Tuesday, Jacob Langenkamp said that should China pursue reunification with Taiwan by military force, either through a blockade or full invasion, Bitcoin …
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Crypto Payroll Evolves With Model That Pays in Yield Assets Plume has launched a new payroll pilot that could change how employees receive and use their income. In partnership with Toku and Wisdomtree, the company is allowing staff to receive part of their salary in a tokenized money market fund. The pilot uses Wisdomtree’s WTGXX …
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Second Straight Day of Strong Inflows for Bitcoin and Ether ETFs Momentum is building again. Not explosively, but steadily enough to shift the tone. Bitcoin ETFs recorded a second straight day of inflows, pulling in $117.63 million and reinforcing the week’s early recovery. This time, the leadership was clear. Blackrock’s IBIT returned to the forefront …
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OpenAI $122B Raise: Investors, Valuation, and Plans for the Capital The round built on a $110 billion commitment announced Feb. 27, 2026, which carried a $730 billion pre-money valuation. The round remained open after that initial close, and CFO Sarah Friar confirmed on CNBC on March 24 that an additional $10 billion to $12 billion …
Continue reading “ChatGPT Maker OpenAI Valued at $852B After Record $122B Funding Round”
XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is accelerating as digital assets gain practical utility. Enterprise blockchain company Ripple shared on April 1 that it embedded native digital asset capabilities into its treasury platform, positioning XRP as a core instrument for corporate liquidity management. Ripple, a provider of …
