Huione, a Telegram-based illicit marketplace offering personal data and money laundering services, has rolled out its own stablecoin, according to a report from blockchain security firm Elliptic. Stablecoin (USDH) was created to “avoid the common freeze and transfer restrictions of traditional digital currencies.” The Huione website adds that “USDH is not constrained by traditional regulatory […]

The crypto industry has a new “unicorn” in the digital assets bank Sygnum, which has just closed a financing round of 58 million dollars. The Zug, Switzerland and Singapore-based lender closed an oversubscribed “strategic growth round” led by BTC-focused venture capital firm Fulgar Ventures, according to an emailed announcement on Tuesday. The round gave Sygnum

The pressing question on the minds of crypto traders is: Has bitcoin’s (BTC) price weakness run its course, or is there more to come? The former appears to be the case in Monday’s price action, characterized by a quick recovery from low intraday levels in contrast to mid-December, when the rally stalled and fell from

Pakinomist– Bitcoin rose on Tuesday after muted performance in the past few days as investors cautiously awaited the US inflation report to gauge the Federal Reserve’s interest rate outlook. rose 1% to $95,374.2 at 12:19 a.m. ET (05:19 GMT). The token had hit a session low of $89,664.8 on Monday, but dip buyers emerged and

Another jurisdiction has Polymarket in its crosshairs. Over the weekend, Singapore’s Gambling Regulatory Authority (GRA) ordered local ISPs to block access to the prediction market platform, according to reports from users in the city-state. “You have attempted to access an illegal gambling site hosted by an unlicensed gambling service provider,” reads the notice, which warns

As Bitcoin continues to rise and institutional investors pour over $20 billion into crypto ETFs, a fundamental shift is occurring in the digital asset markets. The appointment of Paul Atkins as SEC Chair, known to favor market-driven solutions over heavy-handed enforcement, has spawned optimism that crypto can finally balance innovation with regulation. But the crypto

The last quarter of 2024 marked an increase in cryptocurrency mergers and acquisitions (M&A), signaling that the post-election sentiment shift could trigger even more deals in the new year. M&A has already been on the rise, and the recent acquisition of Bridge by Stripe marked a significant milestone that highlights a trend of the increasingly

Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching “Soneum,” a general blockchain platform. The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim – technically a layer-2 network

On January 2, Muneeb Ali, co-founder and CEO of leading Bitcoin L2 Stacks, updated his X bio from just “founder @Stacks” to “wartime founder @Stacks.” The change signaled Ali’s realization that 2025 is a year for Stacks to pivot to a focus on going to market and expanding its user base after 2024’s major technical

Singapore, Singapore, 13 January 2025, Pakinomist As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development opportunities for the crypto industry. The year 2024 marked a significant chapter in the history of the