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Nearly three months after freezing approximately $3 million of a pseudonymous crypto trader known as the White Whale, MEXC has publicly apologized and returned the funds. Cecilia Hsueh, MEXC’s Chief Strategy Officer, acknowledged the exchange mishandled the situation, stating in a Friday post, “We f***-ed up.” The freeze in July was attributed to the exchange’s […]

$json.BodyEdited = “Vineet Budki, CEO of venture firm Sigma Capital, forecasts that Bitcoin will continue to experience its characteristic cyclical booms and busts, with a potential drawdown of up to 70% during the next market downturn. Speaking at the Global Blockchain Congress 2025 in Dubai, Budki explained that the lack of understanding about Bitcoin’s economic

US Treasury Secretary Scott Bessent commended Singapore for its pioneering role in embracing stablecoins and digital assets during his meeting with Prime Minister Lawrence Wong at the APEC 2025 summit in Gyeongju, South Korea. This gathering of world leaders focused on tackling global growth challenges, energy security, and technological advancement. Bessent highlighted the surge of

$json.BodyEdited = `Older cryptocurrencies with existing or anticipated exchange-traded funds (ETFs) are poised to attract significant institutional investments during the upcoming altcoin season, according to Maen Ftouni, CEO of CoinQuant. Speaking at the Global Blockchain Congress 2025 in Dubai, Ftouni explained that institutional capital will focus on well-established “dinosaur” coins rather than newer tokens. He

$json.BodyEdited = “A US appellate court has ruled against Custodia Bank, the crypto-friendly institution founded by Caitlin Long, upholding a lower court decision favoring the Federal Reserve. The US Court of Appeals for the Tenth Circuit affirmed the denial of Custodia’s application for a Federal Reserve master account in a Friday judgment, delivering another setback

$json.BodyEdited = “”” Today in crypto, US Treasury Secretary Scott Bessent lauded Singapore’s forward-thinking regulatory framework for digital assets and stablecoins, highlighting it as a pioneering model for secure innovation in fintech. Meanwhile, Bitcoin’s seminal white paper celebrated its 17th anniversary—a milestone shadowed by Bitcoin facing its first red October in seven years amidst market

The race to build stablecoin infrastructure is accelerating on Wall Street and across corporate America. Citigroup is advancing plans to expand its stablecoin payment capabilities, amid growing speculation that major financial institutions are exploring stablecoin initiatives following the passage of the US GENIUS Act — comprehensive legislation expected to take effect in early 2027. Beyond

Although quantum computing is still in its infancy, it could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. Speaking at the Global Blockchain Congress Dubai 2025, Mehra shared that the firm is deeply exploring quantum computing and the

Nearly three months after freezing approximately $3 million of a pseudonymous crypto trader’s holdings, MEXC has publicly apologized and returned the funds. In a candid statement on X, MEXC’s Chief Strategy Officer Cecilia Hsueh admitted the exchange mishandled the case involving the trader known as the White Whale. She acknowledged mistakes in communication and emotional

$json.BodyEdited = “Vineet Budki, CEO of venture firm Sigma Capital, predicts that Bitcoin will continue to experience its cyclical booms and busts, with a significant drawdown of up to 70% expected during the next market downturn. Speaking at the Global Blockchain Congress 2025 in Dubai, Budki explained that a 65% to 70% retracement could occur