Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Abstract, the consumer-focused Ethereum layer-2 blockchain incubated and funded by Igloo Inc., the parent company behind the highly successful Pudgy Penguins NFT collection, announced Tuesday its imminent shutdown. Citing an…
Russia’s Digital Ruble Surges Past Expectations with Rapid Adoption, Signaling New Era for Central Bank Digital Currencies
Early adoption of Russia’s central bank digital currency (CBDC), the digital ruble, has vastly exceeded initial forecasts, with more than 220,000 accounts opened in its first month of public operation.…
Hong Kong Regulators Unveil Comprehensive Licensing Framework for Digital Asset Services, Targeting 2026 Implementation
Hong Kong’s financial regulators are moving decisively to establish a robust and comprehensive licensing regime encompassing four critical categories within the digital asset ecosystem: trading, custody, advisory, and asset management…
Financial Watchdog Better Markets Raises Alarm Over CFTC’s Push to Regulate Retail Crypto Transactions, Citing Weaker Investor Safeguards
Washington D.C. – Better Markets, a prominent non-profit financial reform advocacy group, has issued a stark warning regarding the Commodity Futures Trading Commission’s (CFTC) recent initiative to develop a regulatory…
Fairshake’s $6 Million Initial Investment Signals Major Crypto Industry Push for 2026 Midterms, Targeting Bipartisan Support in Key House Races.
Fairshake, a prominent political action committee (PAC) substantially funded by industry giants such as Coinbase, Ripple Labs, and Andreessen Horowitz, has commenced its strategic spending for the 2026 U.S. midterm…
S&P Global Ratings Launches Pioneering Vault Risk Assessment Framework for Exploding Digital Asset Lending Market
S&P Global Ratings, a global leader in financial intelligence, has announced the introduction of its innovative Vault Risk Assessment (VRA) framework, specifically designed to evaluate the complex risk profiles of…
Zcash Forges Ahead with NU7 Testnet Activation, Paving Way for Faster Transactions and Enhanced Sustainability
Zcash, a prominent cryptocurrency known for its robust privacy features, has successfully activated its NU7 network upgrade on the testnet, marking a critical step towards its targeted mainnet rollout scheduled…
Zcash gets a Washington lobbyist to push crypto policy
A dedicated advocacy organization focused on Zcash, Pretty Good Policy for Zcash (PGPZ), has formally registered to lobby in Washington D.C., marking a significant escalation in the privacy-centric cryptocurrency ecosystem’s…
President Trump Unveils Super Intelligence Force, Appointing Jay Clayton to Spearhead Groundbreaking Initiative
In a move signaling an intensified focus on artificial intelligence and its profound implications for national security and global leadership, President Donald Trump officially announced the formation of the country’s…
Japan adds Garantex to list of Russia sanctions over Ukraine war
The Japanese government has significantly broadened its punitive measures against Russia, citing the protracted and devastating war in Ukraine, in a move that aligns with international partners to intensify economic…
















