Movement Labs has suspended its co-founder, Rushi Manche, amid an ongoing investigation into a market manipulation scandal involving one of its former market makers. This announcement came on May 2, 2025, as the company works with Groom Lake, a...
The UK government has released a draft version of its much-anticipated legislation to bring cryptoasset activities under financial regulation, taking another step toward formal sector oversight. The proposal, which amends the Financial Services and Markets Act 2000 (Regulated Activities)...
Online chatter around memecoins has surged to a year-to-date high, signalling a renewed wave of speculative interest among traders, according to a recent blog post from blockchain analytics firm Santiment. This uptick follows a brief focus on Bitcoin (BTC)...
Haedal Protocol, a liquid staking platform built on the Sui blockchain, surged by as much as 50% on May 2, 2025, ahead of its scheduled listing on South Korea’s major crypto exchange, Bithumb. During Asia's morning trading, the HAEDAL...
Bitcoin mining firm Riot Platforms reported a record-breaking revenue of $161.4 million for the first quarter of 2025, marking a 50% increase from last year. Despite the impressive topline, the company ended the quarter in the red due to...
MEXC has announced a $300 million Ecosystem Development Fund to mark its seventh anniversary, signalling a significant shift in its strategic direction. The announcement made during the Token2049 event in Dubai highlights MEXC’s ambition to evolve from a user-focused...
The U.S. Treasury Department is targeting the Cambodia-based Huione Group over allegations of laundering billions in illicit cryptocurrency, including funds connected to North Korea's Lazarus Group. They propose cutting the firm off from the American financial system. Announced on...
Visa has announced a major step forward in digital payments by integrating stablecoins into its network of 150 million merchants worldwide. This move enables customers to use popular stablecoins such as USDC and USDT for everyday purchases, bridging the...
Sky is moving to solidify its departure from the Maker brand with a sweeping upgrade proposal that would officially replace its existing governance structure and introduce staking rewards. The proposal, posted to the platform's decentralized autonomous organization (DAO) forum...
Kraken has exposed an elaborate infiltration attempt by a suspected North Korean hacker who posed as a job applicant for an engineering role, highlighting growing concerns over state-backed cyber threats in the digital asset industry. In a blog post,...
