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SEC Argues for Injunctions in Final Response of Ripple XRP Case

Ripple Labs and the SEC have made significant progress in the ongoing legal battle as the SEC filed its final reply.

, by Hassan Shittu

AI Predicts China Will Ban High-Energy Blockchains

We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban.

, by Ruholamin Haqshanas

Bitpanda Expands Partnership with Raiffeisen to 55 Additional Banks

Now, customers of the Raiffeisen banks in Burgenland and Lower Austria will be able to invest in over 2,000 cryptocurrencies on Bitpanda.

, by Sead Fadilpašić

Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen

A joint operation has led to the arrest of six individuals connected to an online scam related to a supposed new cryptocurrency.

, by Ruholamin Haqshanas

Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets

Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.

, by Ruholamin Haqshanas

Blockchain Intelligence Platform Chainalysis Launches Regional Headquarters in Dubai

Blockchain data firm Chainalysis, has established a headquarters in Dubai for Southern Europe, Middle East, Central Asia, and Africa regions. The firm aims to deepen its support of the UAE’s global crypto hub push. According to a local report, Chainalysis partnered with the UAE’s...

, by Sujha Sundararajan

Jefferies-Backed Tradu Launches Fee-Friendly Crypto Exchange

Tradu, a trading platform owned by Jefferies' Stratos Group, went live with a new crypto exchange aimed at active traders on Wednesday. Beginning May 8, crypto traders have the opportunity to invest in more than 40 coins, including Bitcoin and Ethereum on the platform, according to a...

, by Shalini Nagarajan

Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution

A recent survey has revealed that a majority of Americans in swing states view the financial system as "outdated."

, by Ruholamin Haqshanas

Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors

LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services.

, by Ruholamin Haqshanas

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday. LD Capital and Antalpha Ventures, along with quant trading firm Highblock, have teamed up for the...

, by Shalini Nagarajan

HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability

The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to set industry standards for wholesale CBDC interoperability. The group also aims to facilitate tokenized asset transactions and interbank settlement using wCBDC. “It will make recommendations on...

, by Sujha Sundararajan

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

The world's largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was set to rule on several spot ETH ETFs. The notice of withdrawal for the...

, by Jai Pratap

FTX Creditors Set for Cash Windfall Beyond 100% of Claims

A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. This unexpected windfall is possible because FTX said it recovered billions more dollars than initially...

, by Shalini Nagarajan

Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs

Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement shared with CryptoNews, London-based Wintermute said it is providing liquidity to two Hong Kong licensed digital asset...

, by Tanzeel Akhtar

Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program

The Starknet Foundation announced a new $5 million seed grant program to support emerging projects, boosting blockchain innovation.

, by Harvey Hunter

Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC

Robinhood Markets has announced its intention to challenge the US SEC in court following allegations of securities violations.

, by Hassan Shittu

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