Canada is set to launch the world’s first spot Solana (SOL) exchange-traded funds (ETFs) that will include staking rewards on April 16, following approval from the Ontario Securities Commission (OSC). Four major issuers—Purpose Investments, Evolve ETFs, CI Global...
Gate.io has officially launched the seventh season of its World Crypto Trading Competition (WCTC S7), kicking off on April 15, 2025, with a massive prize pool of $5 million. This global event aims to attract crypto traders of...
Metaplanet has increased its Bitcoin holdings by acquiring an additional 319 BTC, raising its total to 4,525. This recent purchase, valued at around ¥3.78 billion ($26.3 million) at an average price of ¥11.85 million ($82,549) per Bitcoin, highlights...
A Chinese court has sentenced nine individuals involved in a telecom fraud ring that defrauded over 66,000 Indian victims, laundering the proceeds through Tether's USDT stablecoin. The operation, which stole 517 million Indian rupees (approximately $6.2 million), was...
Ethereum co-founder Vitalik Buterin has proposed a new strategy to enhance user privacy on the Ethereum network without significant changes to its core infrastructure. In an April 11 post on the Ethereum Magicians forum, he outlined ways for...
Standard Chartered and OKX have launched the Collateral Mirroring Program to enhance institutional investors' trading experience in the cryptocurrency market. This program addresses the complexities and costs of managing collateral across multiple platforms. This can be a significant...
Brazil's central bank digital currency (CBDC), Drex, is encountering significant hurdles regarding privacy as it approaches its anticipated launch in late 2024. Recent reports indicate waning support from external partners, exacerbating concerns about the platform's ability to maintain...
MoonPay, a leading provider of cryptocurrency payment infrastructure, has unveiled MoonPay Labs, an accelerator program aimed at supporting early-stage Web3 startups. The initiative will provide pre-seed and seed-stage technical teams with capital, product support, and growth strategies. MoonPay...
Ominimo, a Polish insurtech startup, has received its first external investment from Zurich Insurance Group, valuing the company at $220 million. This investment marks a significant milestone for the company, which has been self-funded for a year. It...
Meanwhile, a pioneering crypto insurance company has raised $40 million in a Series A funding round. This investment, led by Framework Ventures and Fulgur Ventures, with participation from Wences Casares, founder of crypto bank Xapo, values Meanwhile at...
