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Austin Mwendia

Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.

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Crypto News

UXLINK Prepares Token Swap After Hacker Drains Millions in Assets

Crypto News1 years ago

By Austin Mwendia9/23/2025

Highlights: UXLINK is preparing a token swap to protect its ecosystem from a wallet breach. Hackers stole $11.3 million and minted billions of UXLINK tokens. The original hacker lost $48 million in a phishing scam after the attack. UXLINK has […]

Crypto News

UK and US Announce Joint Crypto Task Force Focused on Stablecoins and AML Rules

Crypto News1 years ago

By Austin Mwendia9/23/2025

Highlights: The UK and US have launched a joint task force to align crypto rules and strengthen digital asset oversight. The UK-US crypto task force will consult industry leaders to shape stablecoin and AML standards. UK industry groups have called […]

Crypto News

BitGo Files for IPO Amid Record Revenue Growth and Market Momentum

Crypto News1 years ago

By Austin Mwendia9/20/2025

Highlights: BitGo is planning a U.S. IPO amid surging institutional demand and $90B in platform assets. The H1 revenue of the company jumped while net income fell, highlighting scaling costs. The IPO could signal wider crypto adoption and encourage other […]

Crypto News

US Treasury Extends GENIUS Act Review Period

Crypto News1 years ago

By Austin Mwendia9/20/2025

Highlights: The US Treasury has extended the GENIUS Act review, with feedback due by October 20. The US Treasury is seeking feedback on tax rules, foreign issuers, and the oversight balance for stablecoins. The Senate is to vote on the […]

Crypto News

Next Memecoins to Explode, September 20 – SHIB, FLOKI, PEPE

Crypto News1 years ago

By Austin Mwendia9/20/2025

Highlights: Shiba Inu is showing bullish momentum, with buyers targeting $0.000018 and higher resistance levels ahead. Floki is defending strong support at $0.00008905 and eyes a breakout above $0.00009931 to confirm strength. Pepe is holding firm in a tight range, […]

Crypto News

Mega Matrix Expands ENA Holdings as Treasury Strategy Reaches $6 Million

Crypto News1 years ago

By Austin Mwendia9/19/2025

Highlights: Mega Matrix has expanded its ENA holdings to $6M with a second $3M purchase. The company is pursuing a treasury strategy focused on stablecoin governance tokens. The market reaction has remained cautious as shares dip despite the expansion plan. […]

Crypto News

Bank of Italy Warns Multi-Issuance Stablecoins Pose EU Financial Risks

Crypto News1 years ago

By Austin Mwendia9/19/2025

Highlights: The Bank of Italy warns that cross-border tokens need strict limits and strong crisis protocols. Multi-issuance stablecoins may create legal and stability risks if issuers operate outside the EU. Stablecoins pegged to one fiat currency are seen as safer […]

Crypto News

IG Group Acquires Majority Stake in Independent Reserve for A$178 Million

Crypto News1 years ago

By Austin Mwendia9/19/2025

Highlights: IG Group has acquired 70% ownership of Independent Reserve with an option for full control by 2028. Independent Reserve posts strong growth with a 60% rise in monthly users and $1.12 billion in assets. The acquisition supports its global […]

Crypto News

Best Cryptocurrencies to Buy Today, September 19 – Avalanche, TRON, Ethereum

Crypto News1 years ago

By Austin Mwendia9/19/2025

Highlights: Avalanche has broken above $30 with strong momentum as bulls eye $36 and confirm a continued bullish run. TRON is growing after the PayPal stablecoin launched on its network, driving higher adoption and cross-chain transfers. Ethereum has moved past […]

Crypto News

Ramil Palafox Pleads Guilty to Wire Fraud and Money Laundering in PGI Case

Crypto News1 years ago

By Austin Mwendia9/18/2025

Highlights: Ramil Palafox has pleaded guilty in a $200M Ponzi case after defrauding 90,000 investors through PGI’s false promises. PGI raised $201M, but victims lost $62.7M as funds went to luxury cars, homes, jewelry, and lavish hotel stays. U.S. prosecutors […]

Crypto News

Australia Eases Licensing Rules for Stablecoin Intermediaries Until 2028

Crypto News1 years ago

By Austin Mwendia9/18/2025

Highlights: Australia has eased licensing rules as AUDM stablecoin becomes the first to qualify under the ASIC exemption. The exemption allows licensed intermediaries to distribute stablecoins without extra financial licenses. ASIC has linked the relief to industry feedback as it […]

Crypto News

KOSCOM Files Stablecoin Trademarks as Korea Launches First Won-Backed Token

Crypto News1 years ago

By Austin Mwendia9/18/2025

Highlights: KOSCOM has filed five stablecoin trademarks to strengthen its role in Korea’s digital money market. The company is reorganizing its digital asset unit and is set to launch a task force. BDACS has introduced Korea’s first bank-backed stablecoin on […]