Update (Jan. 6, 1:20 pm UTC): This article has been updated with a statement from Telegram. Cryptocurrency-friendly messenger Telegram boosted its operating revenue in 2025 as it explores a potential initial public offering (IPO). Telegram’s revenues hit $870 million in the first half of 2025, up 65% from $525 million a year earlier, the Financial Times reported on Tuesday, citing unaudited financial statements. About a third of that, or $300 million, came from “exclusivity agreements,” linked to earnings related to Telegram-connected cryptocurrency Toncoin (TON). The report also said that $500…
Tag: Report
China’s Financial Associations Reclassify RWAs as ‘Risky‘: Report
Several of the largest financial industry associations in China have reportedly signaled that the country’s regulators could crack down on Real-World Asset (RWA) tokenization. According to a notice shared by Wu Blockchain on Monday, the Asset Management Association of China, National Internet Finance Association of China, the China Banking Association, the Securities Association of China, the China Futures Association, the China Association for Public Companies, and the China Payment Clearing Association will no longer consider RWAs as “new technology” subject to regulatory clarification but rather as a “risky” business model.…
Binance to Remove FLOW/BTC Spot Trading Pair after Flow Exploit Report
Cryptocurrency exchange Binance has announced a change in its policies related to trading and monitoring following a $3.9 million exploit of the Flow blockchain last week. In a Friday announcement, Binance said it would remove nine spot trading pairs from the exchange beginning on Saturday, including one for Flow (FLOW)/Bitcoin (BTC). In a separate notice, the company included FLOW and three other tokens on its monitoring tag list. The tag is featured in tokens exhibiting “notably higher volatility and risks compared to other listed tokens,” the exchange said, noting that…
South Korea Delays Crypto Bill over Stablecoin Concerns: Report
The introduction of a stablecoin bill pioneered by South Korean President Lee Jae-myung will reportedly be delayed into 2026 after concerns about issuers. South Korean lawmakers have reportedly delayed submission of a cryptocurrency bill that could allow the issuance of domestic stablecoins as key issues remain unresolved. According to a Tuesday Yonhap News report, officials in South Korea’s government were continuing to work on the Digital Asset Basic Act, but expected to submit the bill sometime in 2026. The reported delay was due to “major issues that raise disagreements with…
Mirae Asset in Talks to Buy Korean Crypto Exchange Korbit: Report
Mirae Asset Group is in talks to acquire Korbit, South Korea’s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million). The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit’s major shareholders, according to a Sunday report from The Chosun Daily. Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK…
Ledn Launches Open Book Report Amid Bitcoin Lending Boom
Ledn unveils a monthly Open Book Report to benchmark transparency as banks enter the bitcoin‑backed loan market. Ledn, one of the world’s largest bitcoin lenders, announced that it is releasing an Open Book Report, providing standardized, independent disclosures of its BTC loan book, collateral levels, and loan‑to‑value ratios. The first report shows $868 million in outstanding […] Original
Report: CAR’s Bitcoin-to-Memecoin Experiments Threaten Sovereignty Ahead of Election
A new report warns that the Central African Republic’s rapid embrace of “opaque crypto projects” is exposing the country to foreign criminal influence and eroding state sovereignty ahead of the Dec. 28 election. A Warning of ‘State Capture’ The Central African Republic is facing a “grave risk of state capture” by foreign criminal organizations through […] Original
Bitcoin ETFs See $457M Inflows Ahead of US CPI Report
Key Notes BTC ETFs saw a net inflow of $457 million while Bitcoin saw high volatility. The US CPI report is expected to trigger the “Santa Claus rally”. The senior economist at Interactive Brokers believes the CPI will fall to 2.9%. The expectations of a lower US Consumer Price Index reading triggered notable institutional inflows and wild token volatility for the crypto ecosystem. Firstly, US-based spot Bitcoin BTC $86 998 24h volatility: 0.8% Market cap: $1.74 T Vol. 24h: $49.60 B exchange-traded funds saw a net inflow of $457.3 million…
Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses
A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with reliable cost basis measurements, approximately 65% purchased Bitcoin at prices that now exceed the current market value, leaving a considerable number of these treasuries with substantial unrealized losses. Bitcoin’s market downturn in late November pushed spot…
Stablecoins Enter Top 3 Growth Drivers for Web3 Gaming: Report
Blockchain game builders are increasingly prioritizing fundamentals and infrastructure over token-fuelled growth cycles, with stablecoin adoption emerging as one of the top three catalysts for the first time, according to the latest report from the Blockchain Gaming Alliance (BGA). On Wednesday, the BGA published its 2025 State of the Industry Report, which shows a shift in what builders believe will drive success in blockchain gaming. According to the report, the top three growth drivers were high-quality game launches (29.5%), revenue-driven business models (27.5%) and stablecoin adoption in payments (27.3%). The…