Author: Vickie Helm

Tether Holdings, issuer of USDT, the largest stub coin on the market, has revealed that it is maintaining a Swiss safe to protect its impressive $8 billion in gold. According to Bloomberg, the company’s nearly 80 tonnes of key reserves are linked as one of the world’s largest gold holders, rising only by central banks and sovereign states, with the El Salvador-based company expressing its intention to further expand its gold reserves. Tether reveals 5% of precious metal reserves In a recent interview, Tether CEO Paolo Ardoino highlighted the safety of their vaults, claiming it is one of the safest…

By the guest writer Published: July 9, 2025, 08:08 (EAT) The diagram, taken on October 24, 2023, shows representations of Bitcoin cryptocurrency and price lists. Kenya is again setting the pace of Africa’s digital finance innovation. Based on M-PESA’s runaway success, the country’s updated 2025 Virtual Asset Service Provider (VASP) bill is poised to reshape the future of cryptocurrency regulation and use. By providing a principled regulatory framework, buildings bridge compliance innovation and unlock key opportunities for fintech players, small businesses and diaspora communities. Below are five important ways the VASP bill will transform crypto payments in Kenya. 1. Create…

The US Treasury has approved two people and four entities involved in saying it is a North Korean-run IT worker ring that infiltrates crypto companies.The Treasury Department’s Bureau of Foreign Assets Control (OFAC) said on Tuesday that North Korea-based Kum Hyok had authorized it for stealing information from US citizens to be used as an alias and giving it to hire foreign IT workers seeking employment in US companies.OFAC also approved Russian citizen Gake Asatrian, who allegedly used his company to employ North Korean IT workers under a long-term agreement signed with North Korean trading companies in 2024.Source: Ministry of…

Trustworthy editorial content reviewed by leading industry experts and veteran editors. Advertising disclosure Cryptographers continue to believe they can escape with dirty tactics. Two Greater London residents were sent to prison after scaming at least 65 to more than £1.54 million (over $2.1 million). Raymondip Bedi’s five-year sentence and Patrick Mavanga’s six-year sentence fell this week. According to a press release from the UK Financial Conduct Office, the duo implemented a fake cryptographic scheme between February 2017 and June 2019, leaving dozens of people with pockets left behind. FCA discovers large fake crypto platforms Based on reports from potential cold…

Floki Inu’s Metaverse game has been hit with over 100,000 Veras Minted since its launch on June 30th. Valhalla has announced a $10,000 prize for early players. Floki’s weekly chart shows the explosive rally after a long decline. Memecoin is stealing the show as the Bitcoin Test is trading for $109,000 and at $108,955. Meanwhile, Floki appears poised to lead a potential Bull run as metaverse game Valhalla has seen explosive growth after the launch of the mainnet. The game has cast over 100,000 Veras since the launch of the mainnet on June 30th, marking a massive entry into the…

On July 3, 2025, the U.S. Court of Appeals for the 11th Circuit agreed to terminate the appeal made by Crypto Advocacy Group Coin Center to OFAC regarding the Ethereum-based mixing service Tornado Cash. The court’s decision comes about two months after the US Treasury removed tornado cash from its OFAC sanctions list after it was listed for more than three years. The firing of the case officially concludes the challenging OFAC decision to include tornado cash on the Coincenter sanctions list. Coin Center Executive Director Peter Van Valkenburgh commented on X today that the government doesn’t want to continue…

Two Ethereum wallets that had been dormant for almost 10 years were activated on Monday, moving in a combination of 1,140 ether tokens worth nearly $2.9 million. Two wallets starting with “0x27” and the other “0x7F” were created on July 30, 2015 3,630 days ago. That date marked the launch of a mainnet at a stage called “frontier” in the history of the ecosystem. Both wallets indicate that they were funded at launch by a transaction labeled Etherscan’s Genesis.The 900 ETH moved after nearly a decade of dormant. Source: Whale AlertEthereum debuted in 2015 as a proving blockchain for work,…

The price of the Story Protocol has broken beyond the upper limit of the accumulation range, focusing on potential moves towards the $4.00 target based on a bullish pattern. The price of Story Protocol (IP) has risen 10% over the past 24 hours, and is currently trading at $3.21, with trading volumes rising nearly 300%. After recently bounced back the lower limit of the accumulation range, the price now tested the upper limit and reached the top of today’s $3.40. This surge brought prices to the confirmed double bottom patterned neckline, with two bottoms forming around $2.80. This is a…

Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial. The crypto industry continues to pursue the next great Layer 1, modular Marvel, or interoperability breakthrough, but the true bottleneck for large-scale adoption is not technical. It’s more psychological, especially for technophobia. Ease of use, not scalability, keeps billions of people on the sidelines. The average person doesn’t need a faster payment layer. They need a better entry point, or rather something that they think isn’t that difficult to navigate. The most overlooked drivers of mainstream…

Key takeout The UAE authorities have refused to provide golden visas to crypto investors, including open network programs. Open network Toncoin is not authorized or regulated by UAE authorities for residency or visa purposes. Please share this article The UAE authorities issued a joint statement denying reports that the country will grant golden visas to Crypto investors, and announced the UAE Golden Visa program, which recently announced it has specifically addressed claims related to Open Network (TON).Monday’s press release (WAM) from Emirates News Agency (WAM), Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodity Agency (SCA), and Virtual Asset…