LATEST NEWS Archives - Page 6 of 9

NYDFS headquarters building with digital cryptocurrency custody security concept illustration

NYDFS Strengthens Crypto Custody Rules to Protect Client Assets in Bankruptcy

The New York State Department of Financial Services (NYDFS) has issued updated regulatory guidelines for licensed cryptocurrency custodians, introducing stricter protections for client assets, particularly in cases of custodian insolvency. The 2025 guidelines, which replace the previous 2023 version, emphasize that beneficial ownership of digital assets must remain with clients even during bankruptcy proceedings. Enhanced…

US Supreme Court building with Federal Reserve headquarters, representing legal battle over Fed member dismissal

U.S. Supreme Court Delays Ruling on Federal Reserve Board Member’s Dismissal

Muhammad Ashhad5 months ago03 mins

Washington D.C. – The U.S. Supreme Court has temporarily blocked President Donald Trump’s attempt to immediately remove Federal Reserve Board member Lisa Cook from her position, scheduling a hearing on the dismissal case for January next year. Legal Proceedings The court’s decision to delay the ruling represents a significant development in the ongoing legal battle…

ADP employment report chart showing 32,000 job decline

U.S. Private Sector Job Losses Worsen in September, ADP Reports

Muhammad Ashhad5 months ago03 mins

The U.S. labor market showed further signs of strain in September as private sector employment fell more than expected, according to the latest ADP National Employment Report released Wednesday. Key Employment Data The report showed a decline of 32,000 jobs during the month, representing the largest drop since March 2023. The decrease was less severe…

White House press briefing on potential government shutdown and workforce reductions

Trump Warns of Mass Layoffs Amid Potential Government Shutdown

Muhammad Ashhad5 months ago4 months ago03 mins

Washington D.C. – U.S. President Donald Trump has indicated that a significant number of federal employees could face dismissal if the government enters a shutdown, raising concerns about potential disruptions to federal operations and workforce stability. Budget Negotiations Intensify The statement comes as Congressional discussions around budget allocations reach a critical stage, with both parties…

BNB price chart showing consolidation near $1,020 USDT with minor 0.99% daily gain

BNB Holds Near $1,020 Following Minor 24-Hour Gain

Muhammad Ashhad5 months ago01 mins

Binance Coin (BNB) is currently trading near the $1,020 mark after experiencing modest upward movement during the past 24 hours. According to the latest Binance market data, BNB is priced at 1,019.789978 USDT as of 07:40 AM UTC on September 30, 2025, reflecting a 0.99% increase over the past day. The cryptocurrency briefly dipped below…

Hong Kong Listed Company Daren International Considers $6.8 Million Bitcoin Investment

Muhammad Ashhad5 months ago03 mins

In a significant development for Asian institutional cryptocurrency adoption, Hong Kong publicly listed company Daren International (Stock Code: 01957.HK) has announced it is actively exploring the acquisition of Bitcoin through open market purchases. The company revealed it is considering purchasing up to 100 BTC using its internal resources, signaling a strategic move toward digital asset exposure. Corporate…

Japanese Publicly Listed Firm Merchant Bankers Allocates $2M to Bitcoin, Launches Crypto Real Estate Service

Muhammad Ashhad5 months ago03 mins

In a significant move signaling growing institutional adoption in Japan, publicly listed company Merchant Bankers has officially announced a major Bitcoin investment and the launch of a groundbreaking real estate settlement service utilizing cryptocurrency. The decisions were finalized during a board meeting held today, marking a strategic pivot toward digital asset integration. Strategic Bitcoin Treasury…

UXLINK blockchain migration portal interface showing transfer process from old to new network

UXLINK Announces Blockchain Migration Portal Launch for October 1

Muhammad Ashhad5 months ago5 months ago02 mins

Singapore – UXLINK has officially confirmed the launch of its highly anticipated blockchain migration portal, scheduled to go live on October 1, 2024, at 9:00 AM UTC+8. The announcement marks a significant milestone in the project’s development roadmap and infrastructure upgrade. Key Migration Details The migration portal will enable UXLINK token holders to transfer their…

Ethereum blockchain diagram showing USDC Treasury burning 51 million tokens

USDC Treasury Burns 51 Million Tokens in Major Supply Reduction Move

Muhammad Ashhad5 months ago02 mins

In a significant token supply adjustment, the USDC Treasury has executed a major burn of 51 million USD Coin tokens on the Ethereum blockchain. The substantial token destruction was detected by blockchain tracking service Whale Alert, bringing attention to the stablecoin’s active supply management strategies. The deliberate burning of $51 million worth of USDC represents…

Solana whale deposit chart showing 250,000 SOL transferred to centralized exchanges by wallet CMJi

Major SOL Whale Moves $51.89 Million to Exchanges, Signaling Potential Sell-Off

Muhammad Ashhad5 months ago02 mins

In a significant market movement, the cryptocurrency whale known as ‘CMJi’ has deposited a massive amount of SOL tokens to centralized exchanges, potentially signaling preparation for a substantial sell-off. According to on-chain monitoring by Onchain Lens, the whale transferred 250,000 SOL—valued at approximately $51.89 million—to several trading platforms over a two-day period. This substantial movement…