Ex–White House Crypto Director Bo Hines Joins Tether as Strategic Advisor
Tether, the world’s largest stablecoin issuer, has appointed former White House crypto policy director Bo Hines as a strategic advisor, signaling the company’s growing focus on the U.S. market. Hines, who recently stepped down from his government role where he helped shape digital asset policy, will now guide Tether’s strategy in navigating the evolving regulatory […]
South Korea Orders Crypto Exchanges to Halt Lending Services Amid Regulatory Crackdown
South Korea’s financial regulator has issued a sweeping directive ordering domestic cryptocurrency exchanges to suspend all crypto lending services, citing mounting risks to investors and concerns over market stability. The Financial Services Commission (FSC) said the decision was made after identifying potential threats posed by lending products that operate in a legal gray area and […]
Bitcoin Bull Chamath Palihapitiya Files for $250M SPAC Targeting DeFi & AI
Chamath Palihapitiya, the billionaire investor often dubbed the SPAC King, and a long-time Bitcoin supporter, has launched a new venture to raise $250 million through a Special Purpose Acquisition Company (SPAC) . The vehicle, named American Exceptionalism Acquisition Corp. A, is preparing to list on the New York Stock Exchange under the ticker symbol AEXA. […]
Judge Recommends Dismissing Most Claims Against Logan Paul in CryptoZoo Case
A federal magistrate judge has recommended dismissing most of the claims against YouTube star Logan Paul in the high-profile CryptoZoo class-action lawsuit, handing the influencer a major step toward escaping legal liability. The ruling, issued on August 19, suggests that investors who sued over losses tied to CryptoZoo, a blockchain-based NFT project promoted by Paul, […]
BTCS to Pay $0.40 per Share in Ethereum to Reward Loyalty and Curb Short-Sellers
BTCS Inc. has announced a groundbreaking initiative to reward shareholders with Ethereum while discouraging predatory short-selling. The company will distribute a combined $0.40 per share in ETH through a one-time dividend and a loyalty payment, marking the first time a public company has offered dividends in Ethereum. Under the plan, shareholders can receive a $0.05 […]