Delhi High Court orders new probe into WazirX amid Binance delisting

Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 — the same day Binance announced it would delist the exchange’s native token WRX. The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the […]
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Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol

Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that this partnership would boost capital efficiency and liquidity in WLFI’s new Aave instance. The protocol is a credit market backed by President-elect Donald Trump’s family.  The partnership comes as part of Ethena’s broader mission to […]
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Cryptocurrency

Solana surpasses rivals with record-breaking 66.9 million daily transactions

Solana (SOL) has solidified its position as a leading blockchain, setting a new milestone with unmatched network activity over the past day. According to Artemis data, the network processed an impressive 66.9 million transactions on Dec. 17. This achievement illustrates its growing popularity and efficiency. This surge positioned Solana far ahead of its peers, with […]
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Hong Kong approves 4 new crypto trading platform licenses in regulatory push

Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory framework, according to a Dec. 18 statement. The licensed platforms include Accumulus GBA Technology Ltd, DFX Labs Company Ltd, Hong Kong Digital Asset EX Limited, and Thousand Whales Technology (BVI) Ltd. […]
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Bitcoin retreats back to $104k as markets eye Fed decision and latest EU, UK inflation data

Bitcoin’s price has seen notable volatility ahead of the Federal Reserve’s interest rate decision later today, retracing from a recent high of $108,000 to hover around $104,000. The move comes amid a backdrop of mixed global economic signals, as fresh data highlights continued inflationary pressures in major markets. European and UK inflation prints arrived higher […]
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ASIC sues Binance Australia over investor misclassification and protections

The Australian Securities and Investment Commission (ASIC) has filed a lawsuit against Oztures Trading Ltd—the operator of Binance Australia Derivatives—over inadequate customer protection practices. According to a Dec. 18 statement, the regulator claims that over 500 retail investors were misclassified as wholesale clients, denying them crucial consumer safeguards. ASIC’s allegations ASIC alleged that between July […]
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