Webus International, a China-based provider of customizable car and touring services for travelers worldwide, said it plans to raise as much as $300 million through non-equity financing to establish an XRP XRP reserve supporting its global chauffeur payment network. The reserve is part of a broader push to integrate XRP’s cross-border settlement capabilities into Webus’s … Read more
Thai crypto traders will be blocked from accessing Bybit, CoinEx, OKX, 1000X, and XT.com, from June 28, according to a recent announcement from Thailand’s Securities and Exchange Commission. The Thai SEC has filed charges against these exchanges with the country’s Economic Crime Suppression Division, citing violations of the Digital Asset Business Act, and has requested … Read more
James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin’s BTC cooling sentiment. Wynn’s current highly leveraged BTC position, which he appears to be struggling to maintain, spiralled into a loss of nearly $100 million over the last week. Data from Hyperdash shows that … Read more
Fastex, a Dubai-based crypto exchange, is expanding its presence in the U.S., building out an office in Los Angeles, California. According to a Thursday announcement, Fastex will offer spot crypto trading services of tokens including bitcoin BTC, ether ETH, Cardano ADA, Solana SOL and its native utility token, Fasttoken FTN, to both retail and institutional … Read more
Crypto staking, under certain circumstances, does not appear to implicate U.S. securities law, a branch of the U.S. Securities and Exchange Commission said late Thursday. The SEC’s Division of Corporation Finance published a staff statement — the latest in a series from the regulator — spelling out how the regulator may evaluate proof-of-stake networks, mainly … Read more
LAS VEGAS, Nevada — Silk Road founder Ross Ulbricht has a message for the crypto community: if you want to maintain your freedom, you must remain unified and decentralized, and you must be prepared for a struggle. In a heart-felt keynote speech closing out Bitcoin 2025 in Las Vegas on Thursday, Ulbricht, addressing the public … Read more
LAS VEGAS, Nevada — Strategy (MSTR) Chair Michael Saylor waxed poetic about bitcoin in a keynote speech at Bitcoin 2025 in Las Vegas on Thursday, laying out his guiding principles — his so-called “21 ways to wealth” — for a jam-packed audience of fans and conference-goers. “Satoshi started a fire in cyberspace, and while the fearful run from … Read more
Bitcoin MagazineMichael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025 Michael Saylor, Executive Chairman of Strategy, took the stage at Bitcoin 2025 delivering a keynote titled “21 Ways to Wealth.” He stated: “This speech is for you. I’ve traveled the world and told countries, institutional investors, and even the disembodied spirits of our … Read more
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin (BTC) is trading above $105K as Asia begins its business … Read more
Bitcoin MagazineJack Mallers Announced A New System of Bitcoin Backed Loans at Strike The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate. Jack Mallers began his keynote by pointing at the biggest problem. … Read more
