Author: Tanishq Bodh
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Bybit Granted MiCA License in Austria, Complying with European Digital Asset Regulations
May 29, 2025 – Bybit, one of the world’s largest cryptocurrency exchanges, has been granted a MiCA license in Austria, according to a recent update on the Austrian Financial Market Authority (FMA) website. The license enables Bybit to operate within the framework of Europe’s Markets in Crypto Assets (MiCA) regime, which came into effect at…
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Binance Offboards Market Maker Over GPS, SHELL Manipulation
Binance has removed a market maker from its platform due to alleged misconduct involving GoPlus Security (GPS) and MyShell (SHELL) tokens. The exchange has also confiscated the proceeds from the activities and plans to use these funds for compensating affected users. This action underscores Binance’s continued efforts to uphold market integrity and ensure fair trading…
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House Democrats Propose MEME Act to Ban Memecoin Endorsements by Officials
House Democrats, led by Rep. Sam Liccardo, are set to introduce the MEME Act, a bill aimed at banning public officials from issuing or endorsing memecoins such as Trump’s official $TRUMP token. The proposed legislation, set for introduction on Feb. 27, would apply to the president, vice president, Congress members, senior executive branch officials, and…
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Bitwise Moves to Launch Aptos ETF in the U.S.
Bitwise Asset Management has filed for an Aptos (APT) Exchange-Traded Fund (ETF) in Delaware, signaling a potential push for a spot Aptos ETF in the U.S. If approved, this would mark the first U.S.-based ETF holding APT tokens directly. Expanding Institutional Interest in Aptos This filing follows the launch of multiple Aptos-based financial products in…
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FBI Links North Korea’s Lazarus Group to $1.5 Billion Bybit Hack
The FBI has officially linked North Korea’s Lazarus Group to the $1.5 billion Bybit hack, confirming suspicions of state-sponsored cybercrime. According to an official statement, the attack was executed through a supply chain compromise at Safe{Wallet}, where a developer’s machine was infiltrated, allowing hackers to manipulate transactions. FBI Issues Public Warning to Crypto Firms In…
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Mastercard Integrates Ondo Finance’s Tokenized Treasuries into Multi-Token Network
Mastercard is expanding its Multi-Token Network (MTN) by onboarding Ondo Finance as its first real-world asset (RWA) provider. This integration brings Ondo’s Short-Term US Government Treasuries Fund (OUSG) onto MTN, providing businesses with seamless access to tokenized treasuries for yield generation and cash management. Ondo Finance Joins Mastercard’s MTN MTN is Mastercard’s blockchain-powered platform that…
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Singapore’s Metro Becomes First Department Store to Accept Stablecoin Payments
Metro, a leading Singaporean department store chain, has become the first in the country to accept stablecoin payments across its physical stores and online platform. Metro Adopts Stablecoin Payments Starting immediately, Metro customers can pay using USDT, USDC, and WUSD, with plans to add First Digital USD (FDUSD) soon, according to local media outlet Lianhe…
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Grayscale Files for Polkadot (DOT) Spot ETF on Nasdaq
Grayscale Investments has officially submitted a filing to the SEC for a Polkadot (DOT) spot ETF, aiming to list it on Nasdaq. Grayscale Pushes for Polkadot ETF Following its expansion into multiple cryptocurrency trusts, Grayscale has now taken a step toward launching a Polkadot ETF. Nasdaq has submitted a Form 19b-4 request with the U.S.…
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Strategy Acquires $2 Billion in BTC, Holdings Hit 499,096
Strategy, formerly known as MicroStrategy, has raised $2 billion in a convertible note offering, using the capital to acquire an additional 20,356 Bitcoin. $2 Billion Raised for Bitcoin Accumulation On February 24, Strategy completed a $2 billion private offering of 0% convertible senior notes due in 2030. The notes will convert to 2.3072 shares of…
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Bybit Offers $140 Million Bounty to Recover Stolen Crypto
Bybit has launched a $140 million bounty program to incentivize ethical hackers and cybersecurity specialists in an effort to recover $1.4 billion in stolen funds. Bybit’s Recovery Efforts Gain Momentum On February 22, Bybit unveiled the bounty initiative, offering up to 10% of recovered assets as a reward to those who provide intelligence or play…