South Korea’s DAXA rolls out new API key rules targeting price manipulation and unfair crypto trading across major exchanges. South Korea is tightening its grip on crypto trading. The Digital Asset Exchange Alliance (DAXA) rolled out a new compliance standard on May 28. The policy targets the improper lending of...
Aave Proposes New Framework to Tighten Crypto Asset Listings
Aave Labs wants stricter, clearer rules for crypto asset listings. Here’s what the new technical framework means for DeFi governance. Aave Labs has put forward a new proposal aimed at standardizing how crypto assets get listed on its protocol. The proposal, submitted as an ARFC, targets Aave V3, V4, and...
FalconX Confidentially Files for IPO as Crypto Wall Street Push Grows
FalconX files confidentially for a possible IPO as Wall Street and institutional investors continue expanding into crypto markets. Crypto brokerage firm FalconX is preparing for a possible public stock market listing. The company confidentially filed a draft S-1 form with the U.S. Securities and Exchange Commission. Moreover, FalconX hired Cantor...
VanEck Launches First Spot BNB ETF for Institutional Access
VanEck launches the first spot BNB ETF, giving investors direct BNB access through traditional brokerage accounts and regulated markets. VanEck has launched the first exchange-traded product offering direct spot exposure to BNB. The new product trades under the ticker symbol VBNB. Moreover, the launch gives investors easier access to one...
Binance Highlights Bitcoin Scarcity as 94% of BTC Gets Mined
Bitcoin trades near $73.5K as Binance notes 94% of BTC mined, while price sits below 7-day and 25-day averages at key support. Binance noted that more than 94% of Bitcoin has been mined, reinforcing the asset’s fixed supply profile. The update came as BTC traded near $73,498, with sellers testing...
ZEC Nears Critical $700 Zone as Traders Spot November Repeat
ZEC trades near $559 after pulling back from $650–$680 resistance, with $520 support and the $700 zone in focus. ZEC price action has returned to focus as traders compare the latest rally with the November move into the same resistance area. ZEC/USD recently approached the $650 to $750 zone, while...
Ripple CTO’s XRP Staking Idea Puts IRS Crypto Rules to the Test
Schwartz argues that newly minted XRP staking rewards should only be taxed when sold, not when received. He distinguishes newly minted rewards (taxed at sale) from transferred tokens (taxed when received). IRS Revenue Ruling 2023-14 taxes staking rewards when received, contradicting Schwartz’s argument. David Schwartz, Ripple’s former CTO, has reignited...
Samsung Backs Upbit Operator Dunamu With $408M Investment
Samsung affiliates will buy a 4% stake in Dunamu for $408 million. Samsung Securities gets 2% while Samsung SDS and Samsung Card each get 1%. The three Samsung units will cooperate on tokenized securities, blockchain, and digital payments. The Samsung Group affiliates took a massive and highly strategic step into...
Sui Network Stall Freezes Transactions as Core Team Scrambles Fix
Sui mainnet stall pauses transactions as Core team works on a fix while SUI trades near $0.93 and tests key $0.90 support. The Sui Network faced a mainnet stall that paused transaction activity and raised fresh attention on SUI price levels. The Sui Core team said it was working on...
Bitcoin Sell Pressure Surges as BTC Slides Toward $73K
Bitcoin nears $73K as 7D spot volume delta turns negative and ETF inflows, spot demand, and volatility expectations fade. Bitcoin came under fresh pressure as spot market data showed stronger selling during the latest pullback. BTC moved from the low $80,000 region toward $75,000, while some data tracked a deeper...