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The rules include licensing, AML checks, cold storage, and strict state authority over token issuances. Crypto assets are classified as backed or unbacked and are not legal tender in Turkmenistan. The move follows a Nov. 21 government meeting focused on digital asset policy. Turkmenistan has taken a major step towards formalising its digital asset sector, joining a wave of countries introducing detailed crypto regulations as global frameworks evolve. The move was confirmed in a Nov. 28 report by Business Turkmenistan, […]

Balancer will return $8M to affected liquidity providers after the V2 exploit. Whitehat and internal teams recovered part of the stolen $28M. Reimbursements will be distributed pro rata in the same tokens via a 180-day claim. Decentralised finance protocol Balancer has unveiled a plan to reimburse liquidity providers (LPs) following the massive exploit that drained over $128 million from its V2 pools. The reimbursement plan comes after an extensive recovery effort led by whitehat hackers and internal teams, aiming to […]

TRON price hovers above $0.28, largely unchanged in the past week. Despite the consolidation, TRX looks poised to go higher. Recent network developments, including stablecoin growth and partnerships, buoy bulls. TRON (TRX) has shown limited upward momentum in recent sessions but continues to hold near the key $0.28 level, even as volatility across the crypto market keeps investors cautious. TRX is trading around $0.28 after a modest 0.4% dip over the past 24 hours, reflecting broader market weakness and a […]

KuCoin EU gets MiCA license to operate across 29 EEA countries, excluding Malta. Austria was chosen for its stable regulations, timely MiCA implementation, and talent pool. License strengthens compliance and global expansion strategy for KuCoin. Global cryptocurrency exchange KuCoin has taken a significant step toward expanding its presence in Europe with its European arm, KuCoin EU, securing a Markets in Crypto-Assets (MiCA) license from Austria’s Financial Market Authority. This approval marks a major milestone for the exchange, allowing it to […]

Amundi launches first tokenised money market fund on Ethereum. The tokenised MMF operates via a hybrid model with blockchain and traditional access. Blockchain enables 24/7 trading, instant execution, and transparent records. European asset management giant Amundi has taken a major step into the digital finance era by launching the first tokenised share of its AMUNDI FUNDS CASH EUR money market fund on the Ethereum blockchain. The tokenised fund marks a significant innovation in fund distribution and allows investors to hold […]

Bitcoin Cash (BCH) is well above the $500 threshold amid broader market fluctuations. This resilience signals potential confidence in potential to bounce higher. As the Bitcoin price rises above $92,000, what lies ahead for BCH? Bitcoin Cash is trading at near $539, just in the green on the daily chart, and counting a modest $562 million in daily volume. The token, a fork of Bitcoin, crucially remains above the pivotal $500 mark. The BCH token’s price stability comes after a […]

Upbit patched a wallet flaw after a $30M Solana-related hack. Withdrawals were halted, and stolen funds were partly frozen following the attack. Authorities probe possible Lazarus Group involvement. South Korea’s largest cryptocurrency exchange, Upbit, has revealed a serious internal wallet vulnerability while conducting an emergency audit in the wake of a $30 million hack. The discovery comes as the company continues to investigate irregular Solana-based withdrawals that triggered the security review, raising concerns about potential risks to private keys within […]

Bitcoin price rose to near $93,000 on Friday before sell-off pressure resumed. Ethereum and XRP also climbed but faced key hurdles around $3,000 and $2.25. Sentiment remains downbeat across the crypto market despite notable gains for a few top altcoins. The cryptocurrency market continued to witness a mixed outing on Friday, with Bitcoin retesting the $92,500 mark while Ethereum and XRP both broke to key resistance areas. While gains indicated renewed investor optimism amid broader economic uncertainties, the swift retreat […]

BNB traded above $880 as cryptocurrencies looked to bounce higher. The gains could see bulls target the $1,000 mark and beyond, helped by overall market sentiment. Technical indicators, however, paint a mixed picture. BNB price is showing early signs of recovery amid a turbulent market week for altcoins, with the price having slipped off intraday highs of $903. While prices hovered about 1.4% down in the past 24 hours, changing hands around $882, means bulls could eye a return to […]