9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and … Read more
A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a … Read more
On April 1, 2025, BlackRock became the 51st company approved by the FCA to register as a crypto asset firm. The company now joins well-known names like Coinbase, PayPal, and Revolut, which have also met the regulator’s strict compliance requirements. BlackRock can now operate its iShares Bitcoin Exchange-Traded Product (ETP) in the UK thanks to … Read more
Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin’s reserves. According to Paolo Ardoino, the chief executive officer of Tether, the company is “engaging” one of the top accounting firm in the world with a view to getting its Tether (USDT) reserves audited. Reuters highlighted this development in … Read more
Burwick Law has filed a class action lawsuit in New York against Kelsier Ventures, KIP Protocol, and Meteora, accusing them of running a deceptive launch in the LIBRA token scandal. According to the lawsuit filed on Mar. 18, the token’s developers secretly manipulated liquidity to defraud retail traders of millions of dollars while misleading investors … Read more