Raymond Munene

Highlights: Chainlink launches CCIP Private Transactions for secure and compliant cross-chain transactions for financial institutions. ANZ bank will pilot Chainlink’s new privacy features for cross-chain settlement of tokenized real-world assets. Chainlink’s Blockchain Privacy Manager addresses privacy and compliance hurdles fostering […]

Highlights: Transak reports a security breach affecting 92,554 users after a phishing attack on an employee’s laptop However, no financial data was compromised, unlike personal information such as IDs, passports and selfie snapshots. Transak has contacted authorities and is working […]

Highlights: Blockchain.com executives face prosecution for delayed financial filings, highlighting regulatory pressures on cryptocurrency firms. Legal action against Blockchain.com executives stems from failure to submit 2022 accounts on time, citing restructuring issues. Blockchain.com, valued at $7 billion in 2023, faces […]

Highlights: Stripe acquires stablecoin platform Bridge for $1.1 billion, its largest deal to date and increasing its expansion into cryptocurrency presence. Launched by former Coinbase employees, Bridge focuses on payment operations within stablecoins, thus improving Stripe’s cross-border and digital transactions. […]

Highlights: By surpassing $100 trillion in total trade volume, Binance breaks the record and firmly establishes its dominance in the industry. Binance’s dominant market position is highlighted by the fact that rivals like OKX and Bybit lag far behind it. […]

Highlights: IBX faces rug pull accusations after raising $24M but not refunding excess funds, increasing presale cap without transparency. The ARTIC token crashed by 97% before investors could trade, as the team allegedly sold their holdings. Orderly Network distanced itself […]

Highlights: DBS bank launches DBS Token Services combining blockchain with traditional banking to optimize institutional transaction efficiencies. Treasury Tokens, Conditional Payments, and Programmable Rewards are key offerings of DBS’s new suite. The service allows 24/7 instant settlements and improves liquidity […]

Highlights: Kraken launches own Wrapped Bitcoin token, kBTC, fully backed 1:1 by Bitcoin, expanding its utility on Ethereum and OP Mainnet. kBTC enables Bitcoin holders to interact with DeFi applications, bridging Bitcoin with other blockchain networks. To ensure security and […]

Highlights: Binance Labs invests $1 million in Lombard for its Bitcoin liquid staking token LBTC. Lombard now owns 40 % of the Bitcoin liquid staking market and has a TVL of $640 million. Binance’s investment will help Lombard expand LBTC […]

Highlights: Italy plans to raise the capital gain tax on BTC from 26% to 42% in 2025. The tax applies to cryptocurrency gains exceeding €2,000, affecting investors nationwide. Italy expects the revised tax policy to generate up to €4 billion […]

Highlights: Stellar and Mastercard team up to integrate Crypto Credential for secure blockchain transactions. The partnership focuses on remittances and peer-to-peer transfers within the Stellar ecosystem. This collaboration simplifies cryptocurrency transfers, ensuring compliance with regulatory standards. The Stellar Development Foundation […]

Highlights: Paxos launches a stablecoin payment platform, with Stripe integrating it to enhance global transactions. The platform enables instant USD and stablecoin conversions, supporting PYUSD, USDP, and USDC across multiple blockchains. Paxos aims to revolutionize payments by providing infrastructure for […]