Steven Walgenbach

Canada’s 2025 federal budget has unveiled plans to establish new regulations for stablecoins pegged to fiat currencies. With the new legislation, the government hopes to make stablecoins “safer for Canadians and businesses” as well as help them “build trust in digital payments,” it wrote in its budget document.  Stablecoin Issuers Will Be Required To Maintain […]

US spot Solana ETFs (exchange-traded funds) managed to extend their inflows streak even as their Bitcoin and Ethereum counterparts suffered outflows amid a broader market selloff. Over the past 24 hours, the crypto market slid over 2% as the majority of the largest cryptos by capitalization tumbled along with the rest of the market, according […]

The Bitcoin price dropped over 3% in the past 24 hours to trade at $104,416.26 as of 7:20 a.m. EST as a wave of panic selling hit the market. But amid the continued pullback in the BTC price, some bold whales are buying the dip. According to on-chain analytics platform Lookonchain, a whale that had […]

Decentralized finance (DeFi) platform Stream Finance has paused withdrawals and deposits after an external fund manager overseeing its funds disclosed a $93 million loss in assets. “Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets,” the team wrote on X.  “In response, Stream is in […]

Thodex founder and former CEO Faruk Fatih Ozer has been found dead in his single-person cell at the Tekirdag F-Type High Security Closed Prison while serving an 11,196-year sentence. According to local news outlet Türkiye Today, authorities discovered the failed crypto exchange founder hanging in his bathroom during an inspection. Reports suggest the likely cause […]