Thailand's Bank of Thailand and SEC are intensifying oversight on large cash deposits over 5 million baht ($150,000) and high-value USDT stablecoin transactions to prevent hidden ownership and remittance bypass. These measures aim to combat the shadow economy by expanding compliance requirements across banks, currency exchanges, bullion dealers, and digital asset platforms. The crackdown includes new rules for verifying fund sources and aligns with international anti-money laundering standards, reflecting Thailand's commitment to stronger financial transparency and regulation in its growing crypto market.
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
Shibarium, the layer 2 blockchain for Shiba Inu, experienced a sharp 75% drop in daily transactions from 5,170 on July 10 to 1,280 on July 11, following a brief surge the day before. This volatility reflects broader market trends where rallies are qu...
A market analyst predicts Bitcoin's price could fall to between $30,000 and $40,000 due to significant challenges, including its use by US adversaries like Iran and North Korea for illicit transactions and sanctions evasion. This use case might promp...
Hyperion and Hyperliquid are currently the only decentralized asset tokens (DATs) reporting positive unrealized profit and loss, indicating profitable open positions amid market conditions. This reflects growing interest and potential volume growth f...
Elon Musk and Sam Altman reignited their public feud on social platform X following Apple's lawsuit accusing OpenAI of stealing trade secrets. Musk criticized Altman, calling him a scammer, while Altman responded by highlighting OpenAI's latest AI mo...
