The United States Senate is poised to pass a landmark bipartisan stablecoin bill, the GENIUS Act, as early as next week, following a key revision that removed controversial language targeting former President Donald Trump’s crypto ventures. Senator Cynthia...
Coinbase CEO Brian Armstrong says the crypto exchange giant is actively exploring more mergers and acquisitions after its recent $2.9 billion acquisition of crypto derivatives platform Deribit. Speaking on Bloomberg Television on May 14, Armstrong highlighted the company’s...
In a major crackdown on crypto-enabled crime, European authorities have dismantled a sophisticated money laundering ring dubbed a “mafia crypto bank” that allegedly funnelled over €21 million ($23.5 million) in illicit funds for criminal groups in China and...
U.S. House Democrats have intensified scrutiny of Donald Trump’s crypto dealings, demanding the Treasury Department release suspicious activity reports (SARs) linked to his digital ventures, including the Trump-themed cryptocurrency and World Liberty Financial (WLF). In a letter dated...
A shocking kidnap attempt targeting the daughter and grandson of Pierre Noizat, co-founder and CEO of French cryptocurrency exchange Paymium, was thwarted on May 13 in broad daylight in Paris. According to reports, three masked attackers ambushed Noizat’s...
Decentralized finance protocol Synthetix is making a bold move to deepen its footprint in the crypto derivatives space, announcing plans to re-acquire options trading platform Derive in a token-based deal. In a blog post published on May 14,...
In a bold move to democratize access to government debt instruments, Thailand’s Ministry of Finance is set to issue $150 million worth of digital investment tokens, opening the door for everyday investors to participate in the government bond...
Online trading platform eToro has priced its initial public offering (IPO) above expectations, securing $620 million ahead of its official trading debut on the Nasdaq Global Select Market under the ticker symbol ETOR. In a press release issued...
A firm registered in Colorado has been implicated in an expansive crypto-fueled black market operation serving Southeast Asian scammers, according to a report by blockchain security firm Elliptic. The marketplace, known as Xinbi Guarantee, has facilitated at least...
Stablecoin issuer Tether has deepened its bet on Bitcoin, purchasing $458.7 million worth of the cryptocurrency on behalf of Bitcoin investment firm Twenty One Capital, which is currently navigating a SPAC merger with Cantor Equity Partners. According to...
