Jerry Bunnell
China Debuts AxCNH in Kazakhstan: Offshore Yuan Stablecoin Signals A Push Into Cross-Border Finance
On September 17, 2025, Kazakhstan became the site of a landmark development in the world of digital finance: the launch of AxCNH, the first regulated offshore stablecoin tied to the Chinese yuan (specifically, the offshore yuan, known as CNH). Developed by AnchorX, a Hong Kong‐based fintech, and built on technology from Conflux, a Chinese‐backed blockchain infrastructure, AxCNH marks a new chapter in China’s efforts...
U.S. Bitcoin ETFs Witness Record $930 Million Daily Outflow
In a significant shift within the cryptocurrency investment landscape, U.S. Bitcoin exchange-traded funds (ETFs) have experienced an unprecedented daily outflow exceeding $930 million. This...
Bybit Hack Forensics Reveal SafeWallet Compromise
In a significant security breach that has sent shockwaves through the cryptocurrency community, Bybit, a prominent Dubai-based crypto exchange, suffered a theft of approximately...
Regulatory Developments and Their Impact
The cryptocurrency landscape is undergoing significant transformation, driven by recent regulatory developments in the United States. The Internal Revenue Service (IRS) has introduced new...
Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry
In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was...
Cryptocurrency Market Analysis and Trends
The cryptocurrency market is poised for a transformative year in 2025, with a blend of established tokens and innovative newcomers capturing investor interest. Key...
Emergence of New U.S. Crypto ETFs
The U.S. cryptocurrency market is experiencing a significant transformation, marked by the emergence of new exchange-traded funds (ETFs) linked to digital assets beyond Bitcoin....
Do Kwon’s Legal Proceedings
Do Kwon, the South Korean co-founder of Terraform Labs, has pleaded not guilty to U.S. criminal fraud charges related to the catastrophic collapse of...
MicroStrategy’s Latest Bitcoin Acquisition
MicroStrategy, the world's largest corporate holder of Bitcoin, has reaffirmed its commitment to cryptocurrency with a recent acquisition of 5,262 bitcoins, valued at approximately...
Robinhood’s Expansion into the European Crypto Market
Robinhood Markets, the U.S.-based financial services company renowned for commission-free trading, has officially launched its cryptocurrency trading services across the European Union (EU). This...
Binance’s Ongoing Search for a Global Headquarters
Binance, the world's largest cryptocurrency exchange, remains in deliberation over the location of its global headquarters—a decision influenced by complex factors such as tax...
Cryptocurrency Market Resurgence Post-Election
In the wake of the recent U.S. presidential election, the cryptocurrency market has experienced a notable resurgence, a phenomenon termed the 'Trump Bump.' This...
FTX Files $1.8 Billion Lawsuit Against Binance and CEO
In a significant legal development within the cryptocurrency industry, FTX, the now-defunct cryptocurrency exchange, has filed a lawsuit against Binance and its founder, Changpeng...