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 ...
Coinbase Asset Management has announced the launch of its new Bitcoin Yield Fund (CBYF), a product aimed at institutional investors seeking long-term exposure to Bitcoin (BTC) with the added benefit of annual yields between 4% and 8%. The fund is set to launch officially on Thursday, May 1, 2025, and ...
Korea Digital Asset (KODA), South Korea’s largest institutional crypto custody service, is upgrading its anti-money laundering (AML) system to strengthen compliance ahead of new regulatory requirements. Established by Kookmin Bank, blockchain firm Haechi Labs, and investment company Hashed, KODA plays a key role in securing cryptocurrencies for major global clients. ...
FSL, the Web3 development studio behind the popular lifestyle app STEPN, has launched GMT Pay, a new payment solution designed to help users convert their crypto earnings into everyday purchases. According to Chainwire, the platform allows users who earn GMT and GGT tokens through STEPN and STEPN GO to spend ...
The cryptocurrency market is showing signs of recovery, with Bitcoin and Ethereum stabilizing after a period of volatility. According to Bitcoin.com News, investor confidence is rising, especially as emerging blockchain projects capture attention. One of the standout projects gaining traction is Lightchain AI, which is nearing the final stage of ...
Decentralized finance (DeFi) platform Loopscale has agreed with the hackers responsible for its recent $5.8 million exploit. The hackers have decided to return most of the stolen funds in exchange for a 10% bounty, marking a rare instance of an amicable resolution in the crypto security landscape. On April 26, ...
World Liberty Financial (WLFI) founders Zach Witkoff, Zak Folkman, and Chase Herro held a high-profile meeting with Changpeng Zhao (CZ), co-founder and CEO of Binance, in Abu Dhabi. The discussion focused on strategies to accelerate global cryptocurrency adoption and set new industry standards for decentralized finance (DeFi) innovation. The meeting ...
Bitget has launched legal proceedings following allegations of a $20 million market manipulation scheme targeting gaming tokens. The exchange reported "abnormal trading activities" involving several gaming tokens. The exchange claims these activities resulted in approximately $20 million in losses. Bitget has not disclosed the identities of those involved but stated ...
Nike, the world’s largest sportswear company, faces a $5 million proposed class-action lawsuit in the Eastern District of New York. The suit accuses Nike of abandoning investors in its RTFKT sneaker-themed NFT project and alleges violations of U.S. securities and consumer protection laws. The plaintiffs claim Nike used its global ...
Coinbase analysts are taking a cautious stance on the short-term crypto market, indicating that a bottom may not be reached until late in the second quarter. A report with Glassnode highlights that while long-term Bitcoin holders are still accumulating, they anticipate additional market weakness before a significant recovery occurs. According ...
