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Archives: Fast News

  • South Korea’s Bithumb Exchange faces six-month suspension and CEO disciplinary measures: report

    The South Korean Financial Intelligence Unit has imposed a six-month partial suspension on Bithumb due to anti-money laundering violations. This action restricts transfers for new users only and follows an investigation into a mistake involving 620,000 BTC transfers.

    The CEO of Bithumb faces disciplinary measures amid the ongoing investigation. The financial authorities have formed a review committee to decide on potential sanctions adjustments, indicating that the current measures are temporary.

  • February 2026 VC monthly report highlights 62 crypto deals

    A total of 62 crypto VC deals were disclosed in February 2026, reflecting a significant decline in activity within the sector. Total funding reached 866 million USD, demonstrating a 46% drop month-over-month and a staggering 71.2% drop year-over-year.

    Among the disclosed deals, DeFi projects represented 29% of total transactions. Other sectors such as AI and CeFi were also noted, accounting for 11.3% and 9.7% of the total deals respectively. This data highlights the shifting focus of investments in the crypto market.

  • Chiliz surges 10%: Is CHZ’s breakout indicating a stronger recovery?

    Chiliz’s price surged to 0.038 USD amid increased trading activity, as its market cap hit 393.19 million USD. Despite strong bullish sentiment from traders, resistance around 0.045 USD poses a challenge for sustained upward movement.

    The majority of Binance’s top traders hold long positions, indicating a bullish outlook. However, selling pressure remains evident, highlighting the need for caution as the market navigates potential resistance levels.

  • US banking lobby considers legal challenge to OCC crypto trust charter rules

    The Bank Policy Institute is reportedly considering a lawsuit against the Office of the Comptroller of the Currency over national trust charters for cryptocurrency and fintech firms. The move reflects ongoing tensions between traditional banking interests and regulatory efforts to expand charter access in the digital finance sector.

  • Bithumb faces possible six-month partial suspension in South Korea

    South Korean regulators are considering a partial business suspension for Bithumb due to negligence in anti-money laundering compliance and customer verification procedures. The proposed penalty could last up to six months. The action reflects ongoing regulatory scrutiny of cryptocurrency exchanges in the region regarding financial crime prevention and know-your-customer (KYC) practices.

  • UN Development Programme explores blockchain applications for public infrastructure

    The United Nations Development Programme has released a report examining how blockchain technology can strengthen public systems and infrastructure. The analysis outlines potential use cases for distributed ledger technology in supporting government services and institutional frameworks across developing nations.

  • 🇺🇸 Over $900 billion wiped out from US stock market at open.

  • Bitcoin network reaches 20 millionth coin milestone

    Bitcoin has produced its 20 millionth coin, marking a key milestone in the network’s supply progression. The achievement underscores Bitcoin’s fixed supply cap of 21 million coins, a core feature that distinguishes it from traditional fiat currencies. Observers note that this predictable, transparent supply mechanism has gained attention amid concerns over currency devaluation in traditional monetary systems.

  • 2026 Outlook for the Cryptocurrency Market: The focus on Binance Coin (BNB) and new utility protocol developments

    The cryptocurrency landscape is increasingly oriented towards utility-driven solutions this year, with investors prioritizing practical applications over speculative assets.

    Binance Coin (BNB) is vital within the digital asset ecosystem, currently trading at around 630 USD, while analysts are observing resistance levels between 650 to 670 USD.

    Projects like Mutuum Finance are gaining attention for providing non-custodial financial services, raising over 20.7 million USD, showcasing the growth of specialized decentralized finance applications.

  • Bitcoin’s mined supply reaches 20 million, with 1 million BTC left to be mined over next 114 years

    Seventeen years post-launch, Bitcoin’s mined supply has hit 20 million BTC. The last 1 million BTC will be mined over about 114 years, following a capped supply model with its inflation driven by halving events.

    Analysts believe Bitcoin’s predictable issuance sets it apart from traditional currencies. The next halving is estimated for April 2028, which will further slow the mining rate, pushing the complete issuance timeline to around 2140.