Crypto.com says report of undisclosed user data leak ‘unfounded’

Startale Group, a Tokyo-based blockchain infrastructure firm behind Japan’s largest public network Astar, and SBI Holdings, one of the country’s leading financial conglomerates, have unveiled JPYSC, a trust bank-backed Japanese yen stablecoin designed for institutional and cross-border applications, according to a Friday announcement. The JPYSC stablecoin will be issued by SBI Shinsei Trust Bank under…

Binance and WazirX have been named in India’s recent tax investigation concerning alleged tax evasion amounting to $97 million, according to a statement by Minister of State for Finance Pankaj Chaudhary in Parliament. The investigation stems from the Indian government’s intensified efforts to regulate and tax the cryptocurrency sector.  In fact, the Indian Directorate General…

Bitcoin-backed stocks of Strategy can now be accessed on Robinhood. This represents a significant move in the diversification of Bitcoin to tokenized credit markets. Robinhood Opens Up Strategy’s Retail Stocks Backed by Bitcoin for Investors According to the announcement, the listing contains the suite of digital credit tokens by Strategy. They are blockchain-based preferred shares…

After weeks of intense downward pressure, the market is beginning to show early indications of stabilization, and the current structure points to the possibility of a proper market recovery. Even though the overall trend is bearish, assets like XRP, BTC and SHIB have a chance to gain even better positions before the new trading week….