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Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash

Terraform Labs and Do Kwon are seeking a reduced fine in their case against the SEC stemming from the Terra-Luna crash. Here's the latest.

, by Julia Smith

Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol

Hackers have successfully exploited the smart contracts of the now-defunct DeFi lending protocol Yield Protocol, draining crypto assets amounting to approximately $181,000.

, by Hassan Shittu

Worldcoin Operator Announces Mexico Expansion – Despite Potential Probe

The Worldcoin operator Tools for Humanity is expanding its services in Mexico, the firm announced, in spite of lawmakers’ calls for a government probe into its iris-scanning drive. Per the media outlet Criptonoticias, the company said it had opened iris-scanning centers in the capital...

Ripple Partners with HashKey DX to Introduce XRPL-Based Solutions in Japan through SBI Group

Ripple's XRPL-based enterprise solutions announced today their strategic partnership set to significantly impact Japan following a strategic collaboration with HashKey DX, a Tokyo-based consulting firm.

, by Hassan Shittu

India and US Team Up To Tackle $360M Crypto-Funded Drug Ring

Indian and US authorities teamed up in a search operation in Uttarakhand to uncover a $360 million crypto-funded drug ring.

, by Harvey Hunter

Former Revolut Employees Launch X10 Exchange to Fill Market Gap Left by FTX, Securing $6.5M in Funding

Former Revolut employees have launched a new crypto exchange called X10, raising $6.5 million in its first funding round.

, by Ruholamin Haqshanas

Coal Giant Alliance Resource Has Been Mining Bitcoin Using Excess Electricity Since 2020

Coal mining company Alliance Resource Partners (ARLP) has mined $30 million worth of Bitcoin by utilizing excess power at its facilities.

, by Ruholamin Haqshanas

Gracy Chen, Managing Director of Bitget, on The Current Bull Run, Memecoin Mania, AI Tokens, and Getting Listed on Crypto Exchanges | Ep. 330

In a recent interview with Cryptonews, Gracy Chen, the Managing Director of the crypto exchange Bitget, discussed the current bull market, why we are still 30%-40% in it, and the factors influencing the Bitcoin (BTC) price. She talked about meme coins being driven by emotions and how much of...

, by Sead Fadilpašić

Survey Reveals 45% of Indian Users with Retirement Plans Are Investing in Crypto

A recent survey conducted by Mudrex has unveiled that nearly half of individuals with retirement plans in India have entered the realm of cryptocurrencies.

, by Ruholamin Haqshanas

Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Experts warn that Venezuela's likely shift towards digital currency necessitates stricter regulations. The development comes as Venezuela's state oil company PDVSA is ramping up digital currency use for crude oil and fuel exports, according to Reuters. This decision follows the Biden...

, by Shalini Nagarajan

China AMC’s Bitcoin ETF to Open Door for Chinese RMB Investors

The Bitcoin and Ethereum exchange-traded funds (ETFs) newly issued by China Asset Management Co. provide new investment channels for Chinese currency holders. In an interview with Bloomberg, China AMC CEO Yimei Li stated that these ETFs represent a significant milestone in making cryptocurrency...

, by Hongji Feng

Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg

Issuers are expecting approximately $300 million in combined first-day inflows for the six new Hong Kong spot-crypto ETFs.

, by Ruholamin Haqshanas

Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail

Keonne Rodriguez, one of the individuals associated with Samourai Wallet, has entered a plea of not guilty to charges of money laundering.

, by Ruholamin Haqshanas

Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian

Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings. Zodia Custody will offer secure, institutional-grade custody solutions for Marathon's crypto holdings located outside the United States, Monday’s announcement...

, by Shalini Nagarajan

Hong Kong Launches Asia’s First Spot Bitcoin and Ethereum ETFs

The Hong Kong Stock Exchange today announced the launch of new spot Bitcoin and Ethereum exchange-traded funds (ETFs). According to an official announcement by Hong Kong Exchanges and Clearing Limited (HKEX), the Bitcoin and Ethereum ETFs were welcomed on Tuesday, April 30, marking the...

, by Hongji Feng

MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%

Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday. In its first-quarter earnings report, the software firm reported operating expenses included impairment losses on the company’s digital assets,...

, by Tanzeel Akhtar

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