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  • Hong Kong’s New Rule Forces Stablecoins to Have Real-World Backing

    The post Hong Kong’s New Rule Forces Stablecoins to Have Real-World Backing appeared first on Coinpedia Fintech News The Hong Kong government has just approved a set of rules that will make sure every stablecoin in the city is backed by real money, like cash in the bank or government bonds. This means no more risky promises or unclear deals—just a clear, safe way to handle digital dollars. Here’s what it’s all about! …

  • Bitcoin Just Mined Its 900,000th Block – What It Means for Miners and the Next Halving

    The post Bitcoin Just Mined Its 900,000th Block – What It Means for Miners and the Next Halving appeared first on Coinpedia Fintech News This is huge news! Bitcoin just crossed a new line in the sand. On Friday, the network hit block 900,000, a milestone that reflects the strength, consistency, and long-game design of the world’s largest cryptocurrency. The block was mined by ViaBTC, one of the industry’s major mining pools, and included 1,562 transactions with relatively low …

  • Singapore Cracks Down: Crypto Firms Must Get Licensed by June 30 or Shut Down

    The post Singapore Cracks Down: Crypto Firms Must Get Licensed by June 30 or Shut Down appeared first on Coinpedia Fintech News Singapore is taking a firm stand on crypto regulation, with the Monetary Authority of Singapore (MAS) issuing a strict June 30 deadline for unlicensed digital asset service providers. The move targets firms based in or staffed in Singapore that serve overseas customers, requiring them to obtain a license or shut down operations immediately, with no …

  • Metaplanet Launches $5.4B Bitcoin Equity Raise

    The post Metaplanet Launches $5.4B Bitcoin Equity Raise appeared first on Coinpedia Fintech News Metaplanet has announced a ¥770.9 billion (~$5.4 billion) equity raise focused on Bitcoin by issuing 555 million moving strike warrants, the first in Japan to be priced above market value. The company plans to hold 100,000 BTC by the end of 2026 and increase to 210,000 BTC by 2027, representing roughly 1% of Bitcoin’s total …

  • $31M Bitcoin Gift to Ross Ulbricht Traced to Alphabay Dark Web Wallet

    The post $31M Bitcoin Gift to Ross Ulbricht Traced to Alphabay Dark Web Wallet appeared first on Coinpedia Fintech News The recent $31 million Bitcoin donation to Ross Ulbricht, the once-imprisoned founder of Silk Road, has stunned the crypto world. Investigators now say the funds are likely tied to Alphabay, another infamous dark web marketplace, reviving concerns over illicit crypto flows. Tracing the Bitcoin: Alphabay Connection According to a June 5 report by WIRED, blockchain …

  • Crypto Market Crash Today: Liquidations Surge Past $1B Amid Macro Pressure?

    The post Crypto Market Crash Today: Liquidations Surge Past $1B Amid Macro Pressure? appeared first on Coinpedia Fintech News The crypto market has witnessed a significant downturn today, with the total market capitalization dropping by 2.93% to $3.21 trillion. In contrast, trading volumes have surged by 39.75%, reaching $144.4 billion, suggesting a wave of panic selling or forced exits. Amidst this volatility, crypto ETF outflows recorded a sizable $267.1 million withdrawal. Surprisingly, the Fear …

  • XRP Shows Bullish Signs Amid Market Pressure, Breakout Soon?

    The post XRP Shows Bullish Signs Amid Market Pressure, Breakout Soon? appeared first on Coinpedia Fintech News XRP is under pressure today as the market struggles. With Bitcoin nearing $100K and Ethereum falling, XRP has also slipped over 4% as traders react to political tensions and a wider market sell-off. XRP Nears Key $2.40 Resistance Despite the recent drop, XRP appears to be gaining momentum. Analyst Dark Defender shared recently that XRP …

  • U.S. Crypto Law : CLARITY Act Set for Review on June 10

    The post U.S. Crypto Law : CLARITY Act Set for Review on June 10 appeared first on Coinpedia Fintech News The United States is getting closer to passing a major crypto law. On June 10, lawmakers will review the CLARITY Act, a bill aimed at setting clear rules for digital assets. This review, called a markup, is a key step before the bill can be voted on in the House of Representatives.  🚨NEW: @FinancialCmte has …

  • Ross Ulbricht’s $31M Bitcoin Donation Linked to Alphabay

    The post Ross Ulbricht’s $31M Bitcoin Donation Linked to Alphabay appeared first on Coinpedia Fintech News Blockchain analytics firm Chainalysis reported that a crypto wallet linked to the defunct dark web marketplace Alphabay was behind a $31 million Bitcoin donation to Silk Road founder Ross Ulbricht. The 300 Bitcoin, donated earlier this month, likely came from a major Alphabay vendor with access to significant funds. Alphabay, active from 2014 to 2017, …

  • James Wynn: How A High-Risk Trader Lost His $100 Million Fortune 

    The post James Wynn: How A High-Risk Trader Lost His $100 Million Fortune  appeared first on Coinpedia Fintech News James Wynn, a high-risk trader, has taken the crypto world by storm: from turning a few million dollars into a $100 million Bitcoin fortune in just a month, to losing it all in a single week. His wild ride in the world of perpetual contracts (perps) and his confessions about how he handled that success …

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