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Author: Zoe Mende

World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

World Liberty Financial Debuts $USD1 Stablecoin on TRON Network

World Liberty Financial has officially launched the $USD1 stablecoin. The new coin is built on the TRON blockchain, known for low fees and fast settlements. $USD1 is fully backed 1:1 by U.S. dollars, held in regulated U.S. bank accounts. Aims to provide a stable digital dollar for global remittances, payments, and trading. Part of a trend of rising stablecoin adoption, especially in emerging markets. World Liberty...

Front page, News, Stablecoins

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Crypto ATM Scams Surge in Australia

Crypto ATM Scams Surge in Australia

New Regulations: AUSTRAC imposes $5,000 transaction limits, enhanced customer due diligence, and mandatory scam warnings on crypto ATMs. Harro’s Empires Sanctioned: The small South Australian crypto ATM operator had its registration revoked for non-compliance. Scam Statistics: Australians lost $3 million to crypto ATM scams in the past year, with 72% of victims aged over 50. Common Scams: Romance, investment, and extortion scams...

Cryptocurrencies, Front page, News

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SEC Drops Binance Lawsuit and Greenlights Staking Networks

SEC Drops Binance Lawsuit and Greenlights Staking Networks

The U.S. Securities and Exchange Commission (SEC) voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, on May 29, 2025, marking a shift in regulatory approach. The SEC reportedly clarified that certain staking activities on proof-of-stake networks do not constitute securities transactions, reducing uncertainty for projects like Ethereum and Solana. These moves signal a potential thaw...

Front page, News, Staking

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From Meme Stock to Bitcoin Treasury - GameStop’s Crypto Bet

From Meme Stock to Bitcoin Treasury: GameStop’s $512 Million Crypto Bet

GameStop purchased 4,710 Bitcoin (BTC) for approximately $512–513 million, marking its first major cryptocurrency investment. The acquisition, announced on May 28, 2025, via X, follows a $1.5 billion convertible notes offering in April. GME stock rose nearly 5% in pre-market trading, reflecting investor enthusiasm. The move positions GameStop as the 13th largest public company holding BTC, aligning with the growing trend of...

Bitcoin, Front page, News

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Elon Musk’s X Money Beta Launches with Crypto Speculation

X Payments Enters Limited Beta, Sparking Crypto Speculation

X Payments Beta Launch: Elon Musk confirmed X Money, a new payment service, is now in limited beta testing, with a full launch planned for 2025. Crypto Speculation: While no cryptocurrencies, including Dogecoin, are currently included, speculation persists about potential Bitcoin integration. Financial Super App Vision: X aims to become an all-in-one financial hub, combining social media and peer-to-peer payments, backed by a...

Front page, News

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