Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure. Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the...Continue Reading

Crypto trades settle instantly, but at the cost of capital efficiency. This forces firms to overcollateralize and limits how far markets can scale, says Cosmos co-founder Ethan Buchman. Crypto’s push for instant settlement is creating a capital inefficiency problem, forcing trading firms to fund every transaction in full and raising concerns about how the market...Continue Reading

CZ’s new memoir reignited his long-running feud with OKX founder Star Xu, who called the Binance founder a liar in posts on X. Changpeng “CZ” Zhao’s new memoir has reignited a long-standing feud with OKX founder Star Xu, who accused the Binance founder and former chief of lying about their shared history and past disputes....Continue Reading

Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank. Standard Chartered is reportedly weighing a restructuring of its majority-owned crypto custodian Zodia Custody, as large banks look to bring more digital asset infrastructure inside their core banking operations. The United Kingdom-based...Continue Reading

The Financial Services Commission said inconsistent exemption rules created loopholes that allowed funds to move quickly with minimal account history. South Korea’s financial regulator said it will tighten the exception rules under crypto exchanges’ withdrawal-delay system after finding that scam-linked accounts granted exemptions accounted for most voice-phishing-related losses.  The Financial Services Commission (FSC) said Wednesday...Continue Reading

White House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users. A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive...Continue Reading

The draft proposal from South Korea’s ruling party reportedly bars stablecoin interest and calls for technical standards to ensure interoperability across blockchain networks. South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets (RWAs) to be backed by assets held...Continue Reading

Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly. Thailand’s securities regulator is seeking to curb money laundering and technology-related crimes by tightening funding rules for cryptocurrency companies. The Securities and Exchange Commission of Thailand (Thai SEC) on Monday proposed expanding approval requirements for crypto businesses...Continue Reading

A New York Times investigation points to Adam Back as Satoshi Nakamoto, but the Blockstream CEO denies it, and critics say proof is still missing. The New York Times published an investigation on Wednesday arguing that Adam Back, the British cryptographer who invented Hashcash, is the most likely person behind the Satoshi Nakamoto pseudonym used...Continue Reading

Bitcoin moved back toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100. Bitcoin (BTC) surged to $72,700 during Tuesday’s New York trading session as oil fell below $100 per barrel after US President Donald Trump confirmed a two-week ceasefire with Iran.  Key takeaways: Bitcoin bounced...Continue Reading