Sumitomo Mitsui Financial Group (SMFG), the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), is preparing to launch its own stablecoin in collaboration with Avalanche and Fireblocks. According to a Nikkei report published on April 1, 2025, the initiative is part of SMBC’s broader push into blockchain technology and digital assets. SMBC’s…
Eric Trump, son of United States President Donald Trump, has reinforced his bullish stance on Bitcoin, calling it “one of the greatest stores of value.” Speaking in an interview with Fox Business, Eric highlighted Bitcoin’s potential as a liquid asset and hedge against real estate, positioning it as a critical financial instrument in the evolving…
Paradigm security researcher Samczsun is warning that North Korea’s cyber operations are more extensive and sophisticated than commonly believed, extending beyond the infamous Lazarus Group. His warning comes in the aftermath of the Bybit hack, which saw attackers compromise SafeWallet infrastructure instead of directly targeting the exchange itself. This shift in tactics highlights the growing…
Sui is gearing up for a significant token supply event, with 64.19 million SUI tokens—valued at approximately $148.29 million—scheduled for release on April 1. The large unlock has raised concerns over potential selling pressure and its effect on SUI’s price. Token Unlock and Market Supply According to Tokenimist, this unlock represents 2.03% of Sui’s circulating…
The United Arab Emirates (UAE) is preparing to launch its Digital Dirham CBDC (Central Bank Digital Currency) for retail transactions by the last quarter of 2025, marking a significant step toward digital currency adoption in the country. Digital Dirham to be Accepted Across All Payment Channels As first reported by the Khaleej Times, the Central…
Blockchain analyst ZachXBT has revealed that over $46 million in suspected scams targeting Coinbase users occurred in March 2025, with a single Bitcoin theft worth $34.9 million standing out as the largest recorded incident. Breakdown of the Thefts In a Telegram update, ZachXBT detailed multiple transactions tied to stolen funds, which were bridged from Bitcoin…
Nasdaq has officially filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Grayscale’s proposed spot Avalanche (AVAX) exchange-traded fund (ETF). If approved, this ETF would hold AVAX directly, providing investors exposure to Avalanche’s native token through traditional brokerage accounts. Grayscale’s move comes just one week after…
Donald Trump is reportedly waging a “quiet and consistent war” on the Federal Reserve, not through direct confrontation but by reshaping the fundamentals of U.S. macroeconomic policy. According to Nigel Green, CEO of financial advisory firm DeVere Group, Trump’s economic playbook revolves around two overlooked strategies: stablecoins and cheap oil. These twin pillars aim to…
Zebec Network, a Solana-based platform, has launched Zebec Carbon, a crypto debit card powered by Mastercard that enables users to spend cryptocurrencies anywhere Mastercard is accepted. The card is designed to offer a seamless payment experience, featuring zero fees, privacy protection, and instant activation. As more companies explore ways to integrate digital assets into everyday…
The U.S. Department of Justice (DOJ) has seized approximately $201,400 in cryptocurrency linked to Hamas, as part of an ongoing investigation into financial transactions involving digital assets. According to the DOJ, the operation uncovered a money laundering network that moved over $1.5 million in virtual currency since October 2024. Crypto Laundering Scheme Uncovered Court documents…