Author
571 posts
Bena Ilyas
Latest Articles
UK Faces Tight Deadline for Stablecoin and Staking Legislation Ahead of Upcoming Election
By Bena Ilyas
• 3 mins read
The government’s initial focus on stablecoin and staking legislation could be the first step towards a comprehensive regulatory framework, as they’ve previously outlined a phased approach with stablecoins as the priority.
SEC’s Final Reply in Lawsuit against Ripple Fuels XRP’s Major Breakout
By Bena Ilyas
• 3 mins read
The SEC’s lawsuit has influenced the trajectory of XRP price. The ongoing legal saga prevented a sustained rally and kept XRP on a downward trend from its 2021 peak of nearly $2.
FTX Creditors Could Receive Up to 142% of Claims in $16.3B Payout Plan
By Bena Ilyas
• 2 mins read
FTX CEO John J. Ray III stated that they are proposing a Chapter 11 plan that aims to return 100% of bankruptcy claims plus interest to non-governmental creditors.
20% of Swing State Voters Prioritize Crypto in Upcoming US Elections
By Bena Ilyas
• 3 mins read
The poll’s data shows crypto is top of mind for voters in swing Senate states and that a pro-crypto position is a net positive for policymakers and candidates.
Hong Kong Forms Working Group to Support Tokenization, CBDC Interoperability
By Bena Ilyas
• 2 mins read
The Architecture Community aims to enhance interoperability between wCBDC and tokenized assets, where wCBDC acts as a digital bridge to facilitate smooth interbank settlements for tokenized assets.
Vermont Bans Bitcoin ATMs, Sets One-Year Moratorium on New Machines
By Bena Ilyas
• 3 mins read
The bill’s most contentious aspect is a one-year moratorium on the installation of new Bitcoin ATM kiosks in Vermont.
Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow
By Bena Ilyas
• 2 mins read
The recent influx of $63 million offers a glimmer of hope for the Grayscale Bitcoin Trust. This positive trend coincides with a broader upswing in the cryptocurrency market.
Bitfinex CTO Confirms Database Breach Claim Was ‘Fake’
By Bena Ilyas
• 2 mins read
Bitfinex CTO Paolo Ardoino emphasized an important point often ignored by crypto users. Unfortunately, many users use the same email or password across many services, including crypto exchanges.
Crypto.com Surpasses 100M Users Globally, Doubling since Formula 1 Partnership
By Bena Ilyas
• 3 mins read
As Crypto.com aims for its next 100 million users, ongoing innovation and teamwork will be key.
Over 90% of Stablecoin Transactions Are Non-Organic
By Bena Ilyas
• 3 mins read
Visa’s metric filters out bot-driven and high-volume trader transactions, revealing that only $149 billion of $2.2 trillion in stablecoin transactions were from genuine user activity.