Changpeng Zhao — commonly referred to by his initials “CZ”, the founder of cryptocurrency exchange Binance — was surprised when Donald Trump granted him a full presidential pardon on 23 October 2025. For more on this development, see The Guardian +3 (Reuters + Business Insider).CZ plead guilty in 2023 for violating the Bank Secrecy Act...
Article Category: crypto latest news
Binance’s $33M Charity Gift Becomes Malta’s Political Minefield
A cryptocurrency donation initially valued at $200,000 in 2018 has escalated into a $33 million political and ethical controversy in Malta. The funds, pledged by Binance and its users to the Malta Community Chest Fund (MCCF) for terminally ill cancer patients, have remained untouched due to a dispute over how they should be administered. The...
Here’s What Happened in Crypto Today – October 21, 2025
The cryptocurrency market experienced a notable downturn today, with major assets like Bitcoin (BTC) and Ethereum (ETH) facing pressure amid macroeconomic headwinds and increased selling activity. Bitcoin (BTC)$110,046.00-$1,224.00(-1.10%)Today1D5D1M6MYTD1Y5YMAX Bitcoin’s price dipped to $107,538, marking a decline of approximately 2.8% from the previous day. This drop was accompanied by over $320 million in liquidations, highlighting the...
Bolivia’s New President Backs Blockchain to Tackle Government Corruption
Bolivia’s newly elected president, Rodrigo Paz, has announced plans to combat government corruption by implementing blockchain technology. His administration aims to enhance transparency and accountability in public procurement processes through the use of smart contracts and decentralized ledgers. This initiative marks a significant shift in Bolivia’s approach to governance and anti-corruption efforts. A Commitment to...
Ripple-Backed Evernorth to Go Public in $1B SPAC Deal to Build Massive XRP Treasury
Evernorth Holdings Inc., a new digital asset venture backed by Ripple Labs, has announced plans to go public through a merger with Armada Acquisition Corp II, a special purpose acquisition company (SPAC). The transaction, expected to close in the first quarter of 2026, aims to raise over $1 billion and establish Evernorth as the largest...
Chinese Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns: FT
Several major Chinese technology companies have reportedly suspended their plans to launch stablecoins in Hong Kong, following concerns raised by Beijing, according to a report by the Financial Times (FT). The decision reflects growing sensitivity around digital currency projects and tighter oversight of financial technologies linked to China. A Sudden Pause in Stablecoin Ambitions Over...
Here’s What Happened in Crypto Today
The cryptocurrency market saw another busy day, with major price moves, new announcements from big platforms, and developments in regulation. From Bitcoin’s steady performance to new token launches and exchange updates, here’s a quick look at the key stories shaping today’s crypto world. Bitcoin Holds Firm Above $100K Bitcoin stayed strong today, trading just above...
Crypto Biz: ‘Sound Money’ Meets a Sound Beating as Binance Pledges Bailout
The crypto market took another hit this week as major digital assets faced steep declines and panic spread among traders. While many in the industry promote Bitcoin and other cryptocurrencies as “sound money” — stable and resistant to failure — the latest market turmoil showed just how fragile the ecosystem can still be. In the...
Ondo Finance to SEC: Hold off on Nasdaq’s tokenized securities plan
Ondo Finance, a major player in the tokenized asset market, has urged the U.S. Securities and Exchange Commission (SEC) to delay approval of Nasdaq’s plan to launch a tokenized securities platform, citing regulatory, technical, and market structure concerns. The request highlights growing tensions between traditional financial institutions and crypto-native firms over how digital assets should...
BitMEX co-founder’s family office seeking $250M for private equity fund: Report
The family office of Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, is reportedly seeking to raise $250 million to launch a new private equity fund focused on investments in digital assets and technology. The development reflects growing interest in the intersection of traditional finance and blockchain innovation. Targeting new investment opportunities According to reports from...