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Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers

Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.

, by Ruholamin Haqshanas

Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest ZK rollup solution named Miden.

, by Ruholamin Haqshanas

Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto

Crypto trade association Digital Chamber has slammed the US Securities and Exchange Commission (SEC) for issuing a Wells Notice to Robinhood Crypto, calling it an “alarming development.” The Digital Chamber called this as yet another instance of the regulator’s “unchecked...

, by Sujha Sundararajan

Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving

Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following halving.

, by Ruholamin Haqshanas

India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability

The Reserve Bank of India (RBI) is working to expand the use of its Central Bank Digital Currency (CBDC) by actively developing an offline transfer capability. At the BIS Innovation Summit 2024, RBI Governor Shaktikanta Das highlighted an increase in retail transactions using India's digital...

, by Shalini Nagarajan

Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading

Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network with new capabilities allowing the firm to combat counterfeit asset trading. The Ethernity platform has authenticated and licensed NFTs for sports celebrities...

, by Tanzeel Akhtar

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF

The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). In an announcement, the SEC said the next deadline is July 5, 2024, by which the commission will either approve or disapprove the Ethereum...

, by Tanzeel Akhtar

US Spot Bitcoin ETFs See $217M Net Inflows as GBTC Posts Second Consecutive Positive Day

US spot Bitcoin ETFs saw a net inflow of $217 million on May 6th, according to data from SoSoValue. This surge comes after a period of massive outflows, with Grayscale's GBTC trust still experiencing a historical net outflow of $17.4 billion since its inception. GBTC Sees Inflows on Second...

, by Jai Pratap

Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details

The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed. Announced in April, the data collection program...

, by Shalini Nagarajan

CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms

The Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases. Expect to see “another cycle of enforcement...

, by Tanzeel Akhtar

FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan

A transfer of $8.3 million from FTX and Alameda Research a day before the deadline for the amendment restructuring has raised questions.

, by Hassan Shittu

Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs

Kenyan President has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.

, by Hassan Shittu

Here’s How Bitcoin Miners Performed Last Month After The Halving

Bitcoin miners are down but not out after the halving, netting substantial revenue from transaction fees last month.

, by Andrew Throuvalas

Unearthed Government Report Found SEC Lacking “Effective” Cybersecurity Programs Two Weeks Before X Hack: Fox

The January SEC X hack occurred just two weeks after it was warned about its lackluster security program, Fox reports. Here's what to know.

, by Julia Smith

Cartier Jewelry Heir Busted for Laundering Money with Crypto

The US Justice Department (DoJ) indicted Cartier Jewelry Heir for allegedly laundering money through Tether’s USDT.

Whale’s Bitcoin Wallet Comes Alive After Over a Decade of Inactivity

A dormant Bitcoin wallet moved $43.893 worth of BTC to undisclosed addresses after over 10 years of inactivity. Are Bitcoin whales waking up?

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