What is APY in crypto? Annual percentage yield explained

What does APY mean in crypto? If you are taking part in yield farming, you might have already heard of APY or APR. They are used in many yield farming programs in DeFi protocols. In this article, we’ll make the explanation of APY in crypto simple and show you how to calculate it in your […]

Standard Chartered wins license in Luxembourg to offer crypto custody services

Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known […]

Mastercard brings p2p aliases for crypto transfers in UAE, Kazakhstan: report

Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan. Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The new service makes crypto transfers easier by letting users send and receive tokens using simple […]

Crypto scams and hacks surpass $3b in 2024, up 15% from 2023

Crypto investors faced a tough 2024 as hacks and scams exploited weaknesses, costing billions in losses. Crypto-related hacks and scams cost the industry $3.01 billion in 2024, reflecting a 15% rise from $2.61 billion in 2023, according to data published by PeckShield. In an X post on Thursday, Jan. 9, the blockchain forensic firm revealed […]

Thailand pilots crypto payments for tourists in Phuket

Thailand is launching a pilot program to allow foreign tourists to use cryptocurrency for payments in Phuket.  Announced by Deputy Prime Minister Pichai Chunhavajira, the initiative aims to make digital payments easier and quicker for tourists while boosting the nation’s competitiveness in the tourism sector. Set to operate within Thailand’s existing legal frameworks, the project […]

ChatGPT’s top 5 crypto picks for the 2025 market surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing ChatGPT’s top 5 crypto picks for the 2025 market surge. The cryptocurrency market is gearing up for a significant shift in 2025. Key digital assets are expected to rise above the rest, showing […]

FDIC Tried to Cover Up its Actions to Debank Crypto Clients

On Jan. 6, 2025, Coinbase CLO Paul Grewal took to X to continue his coverage of the ongoing process of legal encounter with the FDIC that admitted to sending “pause letters” to the banks, urging them to stop services to crypto clients. According to Grewal, the FDIC abused FOIA exemption 8 in an attempt to […]

Crypto is ‘rife with bad actors’

SEC Chairman Gary Gensler reiterated his long-standing critique of the cryptocurrency industry, calling it “rife with bad actors” during a Bloomberg TV interview on Wednesday.  Reflecting on his tenure, Gensler said he was proud of the SEC’s enforcement actions in the crypto space, noting their consistency over the years. Gensler highlighted the foundation laid by […]