Author: John Smith
Kamirai launches a VC-free, community-governed Web3 ecosystem combining its Kamirex DEX for Asian markets with a dark fantasy console RPG where players own on-chain assets. Summary Kamirai offers order matching and liquidity pools for cross-chain transfers, targeting Asian crypto traders under a decentralized governance model. The Kamirai Federation is an action-RPG for PlayStation and Xbox, with digital items recorded on-chain so players retain asset ownership. Kamirai rejects private equity and VC allocations to avoid centralized sell pressure and position users as governors rather than exit liquidity. Kamirai, a Web3 infrastructure project, announced the launch of its “Dual-Engine Ecosystem” on Friday,…
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions. According to a Dec. 1 announcement, Ripple Markets APAC, which serves as the blockchain payment firm’s Singapore subsidiary, has been greenlighted by the Monetary Authority of Singapore to expand the scope of payment services it can offer under its Major Payment Institution license. “Ripple has…
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s proof-of-work links digital value to real-world electricity and hardware expenditure. Musk notes this shift depends on technological progress; for now, fiat currencies still dominate payments while Bitcoin remains an alternative asset and monetary system. Tesla CEO Elon Musk outlined a vision in which traditional currency…
Crypto prices today fell across the board on as thin liquidity, heavy leverage, and more than $600 million in liquidations drove a sharp market pullback. The total crypto market cap dropped 5% to $3.04 trillion, extending last week’s weakness. Bitcoin… Source link
North Korea has spent nearly 30 years developing artificial intelligence capabilities that could accelerate crypto theft operations, according to a report from South Korea’s Institute for National Security Strategy. Summary INSS says North Korea is using banned NVIDIA GPUs to accelerate AI-driven cybercrime. AI tools in facial recognition and voice synthesis may boost industrial-scale crypto theft. Crypto hacks hit $172.5M in November, with code flaws causing most of the losses. Researchers discovered Pyongyang is using banned NVIDIA GeForce RTX 2700 graphics cards to power AI research focused on pattern recognition, speech processing, and data optimization. The findings come as crypto…
Upbit will resume digital asset deposits and withdrawals on December 1 at 1:00 PM KST following a $37 million hack that targeted Solana-based assets. The South Korean exchange announced that all existing deposit addresses have been deleted, and users must issue new addresses before depositing funds. The security breach occurred on November 27, 2025, when hackers stole approximately 44.5 billion KRW ($30-36 million USD) from Upbit’s hot wallets. Unlike the 2019 attack which focused on Ethereum (ETH), the latest incident targeted Solana ecosystem tokens including Solana (SOL), USDC, and Bonk (BONK). North Korea’s Lazarus Group is suspected of planning the…
The MSTR stock price rose by over 2% on Friday as Bitcoin held steady above $92,000 and as analysts, including Tom Lee delivered their bullish forecasts. Summary MSTR stock price rebounded as Bitcoin moved above $92,000. Tom Lee maintained his bullish BTC outlook, pointing to a rally to $100k. Technical analysis points to more Strategy stock gains. Strategy rose by 2.25% to $180, bringing its market cap to $50 billion. It remains well below its all-time high of $542. Tom Lee delivers his Bitcoin price prediction Top crypto analysts remain bullish on Bitcoin (BTC) even though it is below its…
Shiba Inu price has plunged by over 65% this year and is hovering near its all-time low as demand for one of the most common meme coins wanes. Summary Shiba Inu price has been in a freefall this year. The developers are working on a major upgrade for the Shibarium network. Technical analysis suggests that SHIB token is about to crash. Shiba Inu (SHIB) dropped to a low of $0.0000080, its lowest level since November 2023. It remains 90% below its all-time high. Shibarium upgrade in 2026 One of the main reasons why the SHIB price has lost momentum is…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world’s central banks have embarked on a central bank digital currency, or CBDC, revolution — but midway through 2025, the results are mixed. Virtually every major economy is exploring CBDCs, rising from 35 countries in 2020 to 134 countries representing 98% of global GDP. Summary Retail CBDCs are stalling while wholesale CBDCs advance: Retail projects show minimal adoption due to redundancy with private payment apps and restrained design choices, while wholesale CBDCs see accelerating pilots with…
Arthur Hayes warned that Tether is running a risky interest rate trade that could threaten USDT solvency if markets move against the stablecoin issuer. Summary Arthur Hayes says a 30% drop in Tether’s BTC and gold could erase its equity. Hayes argues the company’s interest-rate strategy may strain USDT solvency. Tether shuts Uruguay mining as reserves hit $181B dominated by U.S. Treasuries. The BitMEX co-founder analyzed Tether’s latest attestation report and noted that a 30% decline in the company’s Bitcoin and gold holdings would wipe out equity. The stablecoin issuer holds $9.86 billion in Bitcoin and $12.92 billion in precious…