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Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press conferences over allegations of fund …

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Deribit Launches Block RFQ System to Improve Liquidity for Large Over-the-Counter Trades

The new system, tailored for high-volume traders, enables direct negotiation of block trades with improved efficiency and liquidity.

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Here’s How Mainland China Allows Chinese Traders Access to BTC

Beijing isn’t going to allow crypto exchanges to directly operate BTC in China, but there might be a way that Hong Kong crypto ETFs can be traded in the mainland.

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Illicit Crypto Volume in 2024 Hit a Record $40B in 2024: Chainalysis

Criminals are no longer using BTC, but instead choosing stablecoins, the report revealed.

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Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations

The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.

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The Protocol: Sony Launches Blockchain to Controversy

Also: Bubblemaps roadmap; Babylon interoperability

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Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now

The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.

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First UK Pension Fund Invests in Bitcoin

Moving bitcoin into pension schemes is “a bold step that reflects the forward-thinking nature of the trustees involved,” pension specialist Cartwright told Corporate Advisor magazine.

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Chainlink Unveils ‘Chainlink Runtime Environment,’ Aiming for Better Blockchain Workflows

Chainlink hopes the new programming environment, under the acronym “CRE,” will be as important for Web3 as Cobol and JavaScript languages, which were important for automating finance and bringing it to the internet.

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