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MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal

MetalCore and Portal said that creating a consolidated ecosystem eliminates onboarding barriers, opening doors to millions of new users.

, by Sead Fadilpašić

China Police Uncover $2B USDT Underground Banking Operation

China's police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.

, by Harvey Hunter

Tornado Cash Developer Appeals Money Laundering Conviction, Seeks Overturning Verdict

Tornado Cash developer Alexey Pertsev has lodged an appeal with the s-Hertogenbosch court of appeal after being found guilty.

, by Ruholamin Haqshanas

Donald Trump Earns ‘First Crypto President’ Title, Former CFTC Commissioner Claims

Former President Donald Trump has been dubbed "America’s first crypto president" ever since his first year in office in 2017, according to Chris Giancarlo, a former CFTC commissioner. This designation came about when his administration approved the introduction of Bitcoin futures contracts,...

, by Shalini Nagarajan

Bakkt Predicts a Surge in Institutional Investor Participation in the Crypto Trading Market

Crypto custody firm Bakkt expects a significant increase in the involvement of institutional investors in the cryptocurrency trading market.

, by Ruholamin Haqshanas

South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring

South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16. Per Newsis, police seized 90,000 doses of drugs including methamphetamine (crystal meth), synthetic marijuana, and ketamine. Officers said the ring used...

Coinbase Eyes Australia’s Growing $600B Pension Fund

Coinbase exchange is having big plans in developing services that targets Australia’s $600 billion self-managed pension sector, Bloomberg reported. The largest US crypto exchange is reportedly developing a tailored service to tap the unfilled demand over crypto products, Coinbase’s Asia-Pacific...

, by Sujha Sundararajan

Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion

Humanity Protocol has achieved unicorn status following a funding round that raised $30 million, resulting in a valuation of $1 billion.

, by Ruholamin Haqshanas

Chicago Mercantile Exchange Eyes Bitcoin Trading to Seize Growing Market Demand: Report

The Chicago Mercantile Exchange (CME) is reportedly planning to launch Bitcoin trading, seeking to capitalize on the swelling demand for Bitcoin among Wall Street fund managers this year. The Financial Times reported Thursday that the CME has been in talks with crypto traders about offering a...

, by Shalini Nagarajan

Canadian ‘Crypto King’ and Associate Arrested for Alleged $29.4M Investor Fraud

Two Ontario men, one of whom is a self-described “Crypto King,” have been arrested and charged with fraud. They allegedly received over C$40m ($29.4m) from investors. Aiden Pleterski, 25, was charged with fraud exceeding C$5,000 and laundering criminal proceeds on May 2. His...

, by Shalini Nagarajan

Vanguard’s New CEO Affirms No Plans to Launch Bitcoin ETF Despite Industry Interest

Vanguard's new CEO Salim Ramji has confirmed that the company will not reverse its decision to refrain from launching a spot Bitcoin ETF.

, by Ruholamin Haqshanas

Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors

Paxos has appointed Christopher Giancarlo, the former Chairman of the United States CFTC, to its board of directors.

, by Hassan Shittu

Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated

Paul Ryan – the 54th speaker of the United States House of Representatives – has emerged as a major proponent of stablecoins, with a bright outlook on what regulation could bring to the industry. Paul Ryan Bullish On Stablecoins In an interview with Bloomberg on Friday, Ryan...

, by Andrew Throuvalas

El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain

El Salvador is pushing the boundaries of El Salvador Bitcoin with tokenized investment offerings on the Liquid network. Explore new opportunities and invest in the future of Bitcoin adoption.

, by Andrew Throuvalas

FTX Gets Backlash Despite Planned Full Repayment Plus Interest

FTX is facing backlash from creditors over their proposed payout plan. Learn about the details of the plan and why it's causing such controversy.

, by Harvey Hunter

Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121

Congressman Wiley Nickel urges SEC Chair Gensler to rescind SAB121, citing the controversial bulletin's detrimental impact on the crypto industry and its questionable approval process. Learn more about the growing pushback against the SEC's approach to digital assets.

, by Julia Smith

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