Day: 29 April 2025

Hyperliquid is set to roll out a revamped fee discount system and a new account linking feature on May 5, 2025, at 03:00 UTC. These updates aim to enhance trading incentives and user flexibility on the platform. The update's core is a tiered fee discount system that rewards users for ...

Decentralized finance protocol Loopscale has successfully retrieved almost half of the $5.7 million drained from its vaults during a major security breach on April 26. The recovery follows ongoing white-hat negotiations with the exploiter, which have shown significant progress recently. In an April 29 post shared on X, Loopscale disclosed ...

OSL Group, a publicly traded leader in crypto assets, has launched OSL Pay, a new business division designed to transform cross-border fiat-to-crypto payment systems. OSL Pay aims to provide institutions and retail clients with a high-performance, secure infrastructure for seamless fiat-to-crypto conversions. The platform features personalized onboarding with dedicated account ...

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has raised fresh concerns about the integrity of the country's crypto landscape, revealing that several cryptocurrency exchange providers remain on the official register despite no longer being operational. These dormant platforms now risk deregistration unless they voluntarily withdraw. In a press release ...

South Korea's ruling People Power Party has confirmed that the trading of spot digital asset ETFs will be permitted by the end of this year, according to local media outlet Edaily. For the first time, this development will allow domestic investors to gain exposure to major cryptocurrencies like Bitcoin and ...

In a bold move to cement the UAE’s position in the global blockchain arena, three of Abu Dhabi’s most influential institutions are collaborating to launch a dirham-pegged stablecoin pending regulatory approval. The coalition includes ADQ, the Emirate’s sovereign wealth fund; First Abu Dhabi Bank (FAB), the country’s largest bank; and ...

The founders of Bankera, a Lithuania-based crypto fintech company, are under scrutiny following revelations that they diverted a significant portion of investor funds from their 2018 initial coin offering (ICO) to finance personal luxury property purchases across the globe. An investigation by the Organized Crime and Corruption Reporting Project (OCCRP), ...

The DeFi Education Fund has called on former President Donald Trump to intervene in what it decries as a “lawless campaign” by the Department of Justice (DOJ) against open-source software developers, singling out the prosecution of Roman Storm, co-founder of the crypto privacy tool Tornado Cash. In a letter addressed ...

FTX Trading Ltd. and the FTX Recovery Trust have filed lawsuits against NFT Stars Limited and KUROSEMI INC., the company behind the Web3 gaming platform Delysium, accusing them of breaching contract terms by withholding tokens owed to the bankrupt crypto exchange’s estate. According to an April 28 announcement, the complaint, ...

Mastercard is taking another significant step toward mainstream crypto adoption, announcing a new initiative allowing over 150 million merchants on its global network to accept payments in stablecoins. The move is part of a broader partnership with payments processor Nuvei and stablecoin issuers Circle and Paxos. Through the collaboration, merchants ...