In recent years, the financial landscape across the globe has witnessed a significant transformation driven by technological advancements. Thailand is no exception, as the Thailand Securities and Exchange Commission (SEC) looks to modernize the trading of debt instruments through Distributed Ledger Technology (DLT). This initiative aims not only to streamline trading but also to position
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In recent weeks, the cryptocurrency market has experienced significant volatility, leading to a steep decline in the price of Bitcoin. As this flagship digital asset faltered, many investors reacted with palpable anxiety, quickly offloading their holdings at substantial losses. However, amidst this turmoil, a pertinent observation has come from the blockchain analytics firm Glassnode: long-term
The cryptocurrency landscape is witnessing transformative shifts, particularly with recent developments in U.S. regulatory frameworks spearheaded by the Trump administration. David Sacks, the White House’s “Crypto Czar,” has emphasized the government’s intention to create a structured and coherent regulatory environment for digital assets, including Bitcoin (BTC). This article analyzes the implications of these recent initiatives,
A storm has erupted in the world of decentralized finance (DeFi), centering around the case of 22-year-old Canadian Andean Medjedovic. He has been accused of a sophisticated scheme that allegedly siphoned off around $65 million from notable DeFi platforms, Indexed Finance and KyberSwap. The U.S. Department of Justice (DOJ) made headlines with their announcement on
In the rapidly changing world of cryptocurrency and derivatives trading, firms like Crypto.com and Kalshi are facing heightened scrutiny from regulatory bodies, particularly the Commodity Futures Trading Commission (CFTC). The Commission’s recent inquiries into the compliance of these companies’ event contracts with existing derivatives regulations underscore the complexities of regulating innovative financial products. The notion
The ongoing saga of FTX, once one of the leading cryptocurrency exchanges, continues to unfold, as the courts take steps to address the fallout from its catastrophic downfall. As the cryptocurrency world anxiously watches, FTX has revealed plans to distribute funds to its smaller creditors starting on February 18, marking a pivotal point in its
In an unpredictable landscape, Bitcoin’s recent fluctuation has caught the attention of crypto analysts and enthusiasts. Recently, the cryptocurrency experienced a sharp decline, plummeting to approximately $91,000—a dramatic low that stirred panic among many investors. However, this downturn has been characterized by some analysts as a “bear trap,” a scenario where a falling price lures
Launched nearly six years ago, the Pi Network has carved out a significant niche within the cryptocurrency landscape. Designed to facilitate the mining of its native token via mobile applications, the platform has encouraged millions of users to participate in its ecosystem. However, despite its ambitious goals, users still await the promised rollout of the
Bitcoin, the flagship cryptocurrency, has recently demonstrated extreme volatility that continues to capture the attention of investors and analysts alike. On one particularly chaotic Monday, Bitcoin’s price fluctuated dramatically, plunging by ten thousand dollars before making a significant recovery. Such instability not only highlights the currency’s unpredictable nature but also emphasizes the influence of external
THORChain has faced significant challenges lately, facing a daunting debt scenario that has left its finances in a precarious position, amounting to nearly $200 million in obligations. In response, the governance community has approved Proposal 6, marking a crucial step in its recovery strategy. This proposal is not merely a band-aid solution; it is a
