Kraken and Crypto.com Plan to Launch Their Own Stablecoins in 2025: Report

The European Union’s new MiCA regulations will require all stablecoin issuers to get official approval starting in 2025. Major crypto exchanges Kraken and Crypto.com are creating their own proprietary stablecoins to stay compliant.
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South Korean “Jonbur Kim” Park, ‘Coin King,’ Re-Arrested for $47M Crypto Fraud After Bail Release

South Korea’s “Jonbur Kim” Park, the “Coin King,” has been re-arrested for a $47M crypto fraud scheme involving Artube coin manipulation. Prosecutors accuse him of deceiving investors, inflating token prices, and bribing exchange officials, just weeks after being released on bail for a separate fraud case.
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Russia’s Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report

A recent report shows Russia’s Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia’s power grid, as many mining operations remain unregistered.
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BNB Chain Pumps $4.4M into Meme Coins – Will This Send BNB Price Soaring?

Tthe BNB Chain Foundation has launched a $4.4 million Meme Liquidity Support Program, permanently injecting liquidity into top-performing meme coins within its ecosystem.The initiative will spotlight daily and weekly winners, with future rounds planned based on community feedback.This has the potential to boost both the BNB token and BNB-based meme coins, helping them to rally […]
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