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...
India Orders Mandatory Cybersecurity Audits as Crypto Heists Surge
In a decisive response to mounting crypto security incidents, the Indian government has issued a directive requiring all cryptocurrency exchanges, custodians, and related intermediaries to undergo external cybersecurity audits. The move comes after several high-profile hackings rattled trust in the sector, and reflects a growing determination in New Delhi to bring crypto platforms under stricter oversight.Under the new rules, any enterprise operating in the...
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...
NYC Dog Mayor Election Disrupted by Crypto Influence
In an unexpected convergence of digital finance and local community events, the New York City honorary dog mayoral election has been embroiled in controversy...
Fuel Labs Launches ‘Ignition’ Rollup Network: A New Era for Ethereum Scaling
Fuel Labs has officially launched the Ignition rollup network, a high-performance Layer-2 solution designed to enhance Ethereum's scalability through advanced parallelization and a unique...
Regulating DeFi: What Does the Future Hold for Decentralized Finance?
Decentralized Finance (DeFi) has emerged as one of the most transformative sectors within the cryptocurrency space, allowing users to access financial services like lending,...
MakerDAO to Launch USDS Stablecoin and Sky Governance Token
On September 18, 2024, MakerDAO, one of the pioneers in decentralized finance (DeFi), will take another major step forward with the launch of its...
BGlobal Cryptocurrency Ownership Surge
In 2023, the global cryptocurrency community witnessed a remarkable surge in ownership, with the total number of crypto users soaring by 34%, reaching an...
Ethereum 2.0 and the Future of Smart Contracts
Ethereum 2.0, also known as Eth2 or Serenity, represents a significant upgrade to the Ethereum blockchain. This transition marks a shift from the energy-intensive...
Poloniex Loses $100M in Heist
In a stark reminder of the persistent vulnerabilities within the cryptocurrency sector, the Poloniex exchange has become the latest victim of a significant security...
Blockchain in the Automotive Industry: Use Cases and Applications
The automotive industry, constantly at the forefront of technological innovation, is now exploring the potential of blockchain technology. This exploration is not just a...
OKX, Binance, and Bybit Triple Their Activity
The cryptocurrency trading landscape has witnessed a remarkable surge in activity, with major exchanges such as OKX, Binance, and Bybit experiencing a tripling of...
Grayscale’s Parent Company Achieves Profitability
In the final quarter of 2023, Digital Currency Group (DCG), the parent company of Grayscale Investments among other cryptocurrency ventures, reported a remarkable achievement:...
DeFi: Revolutionizing Traditional Banking
Decentralized Finance, commonly known as DeFi, is redefining the financial landscape. It's an emerging financial technology based on secure distributed ledgers similar to those...