Author: Zoe Mende
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...
Crypto ATM Scams Surge in Australia
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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...
SEC Drops Binance Lawsuit and Greenlights Staking Networks
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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...
From Meme Stock to Bitcoin Treasury: GameStop’s $512 Million Crypto Bet
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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...
X Payments Enters Limited Beta, Sparking Crypto Speculation
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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...






