Latest updates, press releases, and insights from the volatile world of digital assets.
Robinhood Chain, an Ethereum Layer 2 network, has quickly achieved over 7 million daily transactions and billions in DEX volume shortly after launch, driven by a temporary gas fee subsidy and strong memecoin activity
Pakistan’s push for regulated digital assets meets resistance from leading Islamic scholars who deem cryptocurrencies incompatible with Shariah principles, prompting calls for detailed review and continued talks
Thailand’s central bank and securities regulator are stepping up checks on large cash movements and stablecoin transactions to curb hidden capital flows, with new rules targeting deposits over 5 million baht and closer review of USDT activity
Ripple leadership considered closing operations and distributing XRP holdings after the 2020 SEC lawsuit, but chose to fight to save jobs and continue building payment technology
Kraken is overhauling its mobile trading app with built-in AI agents that monitor markets and deliver personalized recommendations based on user financial goals, while keeping all trade decisions under user control
Robinhood Chain, the new Ethereum layer-2 network, drew more than $70 million in bridged Ether and generated hundreds of millions in daily trading volume within days of its July 1 launch
BNB Chain is developing a dedicated Layer-1 blockchain optimized for autonomous AI agents and high-frequency trading, with testnet slated for late 2026 and mainnet in early 2027
Binance saw weekly net outflows triple to $1.23 billion amid a surge in Ethereum withdrawals that hit the highest daily transaction count in over three years
South Africa’s tax authority has issued draft guidelines that clarify how existing income tax and capital gains tax rules apply to crypto assets, with public comments open until August 31
Hong Kong advances implementation of the OECD Crypto-Asset Reporting Framework, requiring thousands of additional firms to register and report user data starting in 2027, alongside preparations for regulated stablecoin issuance
