Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


SBI Holdings, invests in Circle

10 Jun 2025 1 minute read 0 comments Yugocean

     Leading Japanese financial conglomerate SBI Holdings, along with its subsidiary SBI Shinsei Bank, has invested 50 million in Circle, the issuer of the USDC stablecoin. While this amount may not be substantial for an investment firm of SBI’s stat...

The US DoJ has uncovered a sophisticated scheme involving North Korean IT workers

9 Jun 2025 1 minute read 2 comments Yugocean

The Conspiracy      These individuals secured remote employment with US-based companies using fictitious identities and earned salaries in cryptocurrency, which were subsequently funnelled to the North Korean regime. It is alleged that the cryptocurr...

Crypto Market Shaken as Elon Musk and Donald Trump Clash Publicly

6 Jun 2025 1 minute read 1 comment Yugocean

Cryptoverse Hit with Musk-Trump dispute      The crypto world has been jolted by a public dispute between two influential figures — Elon Musk and Donald Trump. Their confrontation has sparked widespread unease across the cryptoverse, triggering sharp...

California Passes Bill to Seize Dormant Crypto Assets

5 Jun 2025 1 minute read 4 comments Yugocean

     The California Assembly has unanimously passed Bill AB-1052, allowing the state to take custody of cryptocurrency assets that have been inactive on exchanges for more than three years. Passed by a 78-0 vote, the bill classifies such assets as “u...

Pro-crypto Karol Nawrocki is Polish President

3 Jun 2025 1 minute read 0 comments Yugocean

Polish conservative and pro-crypto leader Karol Nawrocki has won Poland’s presidential election with 50.89% of the vote. While it remains uncertain whether Nawrocki personally holds any cryptocurrency, he has expressed support for the cryptoverse and...

Stablecoin Market Cap is $250 billion

2 Jun 2025 1 minute read 1 comment Yugocean

     The total market capitalization of stablecoins has surpassed $250 billion, reaching a new all-time high. This growth underscores the increasing demand for stablecoins, which I think is due to providing a hedge against market volatility.   The Do...

Cetus will compensate the victims of hacking

28 May 2025 1 minute read 0 comments Yugocean

     The Cetus protocol, a decentralized exchange (DEX) on the SUI blockchain, was the victim of a major hacking due to a smart contract vulnerability. Now Cetus plans to compensate the affected users.   The Hack      Five days ago, Cetus suffered a...

Will TMTG raise $3B?

27 May 2025 1 minute read 4 comments Yugocean

     The Financial Times has reported that the Trump Media & Technology Group (TMTG) is allegedly planning to raise 3 billion —2 billion through a stock offering and $1 billion via convertible bonds — with the intention of investing in cryptocurrenci...

BTC's historic surge on Bitcoin Pizza Day

23 May 2025 1 minute read 0 comments Yugocean

     On May 22, 2025, as the crypto community celebrated the 15th Bitcoin Pizza Day, the value of Bitcoin reached a new ATH of $111093.58. The value of BTC is still above 110k while altcoins are struggling.   On this day in 2010      Laszlo Hanyecz...

Bitcoin nation El Salvador will tax 30% on foreign funds

22 May 2025 1 minute read 2 comments Yugocean

     El Salvador has imposed a 30% tax on foreign donations to NGOs. NGOs around the world are spreading chaos by smuggling funds. Bukele has taken steps to control this problem.      I even think that El Salvador's NGOs also get funds from the IMF,...