Finance News – Global Crypto
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The crypto trap that won’t let you sell — and how to avoid it
Some deceptive schemes in the cryptocurrency market restrict investors from liquidating their assets by using complex smart contracts, thereby potentially causing significant finan...
Read Full Article →Bitcoin, Ethereum Funds Pulled in $1.2 Billion Amid Rising Global Tension Last Week
Investors withdrew a total of $1.2 billion from cryptocurrency funds last week, reflecting cautious sentiment as Bitcoin and Ethereum experienced notable market fluctuations and sh...
Read Full Article →Texas Governor Greg Abbott signs strategic Bitcoin reserve bill into law
The new legislation enacted by the Texas governor provides financial protection for the state's Bitcoin reserves by preventing their removal during routine reallocations of governm...
Read Full Article →New York officials secure over $400k in crypto from Facebook ad scam
Authorities in New York have recovered more than $440,000 in cryptocurrency linked to a fraud scheme involving deceptive advertisements, highlighting efforts to combat financial cr...
Read Full Article →Bitdeer Stock Falls as Bitcoin Miner Aims to Raise $330 Million
Bitdeer's efforts to secure $330 million in funding have led to a decline in its stock price, highlighting investor concerns about the company’s financial strategy and growth prosp...
Read Full Article →'Pro-Israel Hacker Group' Drains, Burns $90 Million From Iranian Bitcoin Exchange
A security expert reported that due to access control weaknesses, the Nobitex platform experienced a significant cyber incident resulting in the unauthorized removal and destructio...
Read Full Article →Solana Policy Institute, Phantom, Orca, and Superstate submit ‘compliant tokenized securities’ frame...
Several blockchain organizations have proposed regulatory guidelines to the SEC aimed at integrating traditional financial instruments into onchain environments while addressing sp...
Read Full Article →DTCC lists VanEck’s proposed spot SOL ETF on list of ‘active and pre-launch’ funds
The inclusion of VanEck’s spot SOL ETF on the DTCC’s active and pre-launch list suggests potential regulatory progress that could impact investor access and market liquidity in the...
Read Full Article →Cathie Wood’s ARK dumps first Circle shares batch for $52M
ARK Investment's recent sale of a portion of its Circle shares, which represent a significant stake across multiple funds, reflects an important adjustment in the portfolio valued...
Read Full Article →CoinShares Solana ETF Joins Growing List of Applications for Altcoin-Based Funds
The introduction of a new Solana-focused investment product listed on a major stock exchange highlights increasing investor interest and potential capital inflows into alternative...
Read Full Article →Tether blocks $12.3M in USDT tied to suspicious Tron addresses
Tether has restricted access to more than $12 million in assets linked to questionable Tron accounts, highlighting ongoing efforts to prevent possible illegal transactions and main...
Read Full Article →Thai Police Arrest Chinese Suspect in $6.1 Million Bitcoin Fraud Case
Authorities apprehended a suspect linked to a cryptocurrency scam involving the loss of over six million dollars, where victims transferred digital assets following a local busines...
Read Full Article →Just 216 Bitcoin holders own over 6 million BTC as market concentration grows
A small group of institutional investors and centralized organizations now controls a substantial portion of Bitcoin’s total supply, highlighting increasing concentration within th...
Read Full Article →GameStop Stock Falls as Firm Plans $1.75 Billion Raise After Bitcoin Buy
GameStop’s decision to secure an additional $1.75 billion in funding signals a strategic move to support potential cryptocurrency investments and bolster its financial position ami...
Read Full Article →FTX partners with Payoneer to distribute customer refunds
FTX is collaborating with Payoneer to facilitate the return of funds to clients, utilizing the payment platform as a means to manage and streamline the reimbursement process effici...
Read Full Article →Ripple commits $5M more toward crypto research in APAC
Ripple has increased its investment in cryptocurrency research across the Asia-Pacific region by an additional $5 million, supplementing the recent $25 million allocated to educati...
Read Full Article →Crypto scammers plead guilty to $37M scheme targeting Americans
Five individuals involved in an international cryptocurrency fraud admitted to illegally obtaining close to $37 million from U.S. citizens and transferring the money overseas.
Read Full Article →Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says
The founder of Evita Pay is alleged to have facilitated the transfer of illicit funds from sanctioned Russian financial institutions into the United States, impacting economic and...
Read Full Article →Australia unmasks $123M crypto laundering ring behind security firm
Authorities uncovered a complex scheme involving cryptocurrency transactions valued at approximately $123 million, highlighting significant challenges in detecting and preventing f...
Read Full Article →Sui DEX restarts, plots open-source move after massive exploit
Following the recent security breach, the impacted liquidity pools on Sui DEX were restored through a mix of recovered assets, existing cash reserves, and a substantial $30 million...
Read Full Article →Bitopro Confirms $11M Hack, Taiwan Crypto Exchange Says It Has Replenished Lost Funds
The recent cyberattack resulted in a substantial monetary loss for the Taiwan-based digital currency platform, which has since restored the missing assets to maintain operational s...
Read Full Article →Trump Media Gets Closer to Truth Social Bitcoin ETF Debut With SEC Filing
A new Bitcoin exchange-traded fund associated with Trump Media is progressing toward launch after regulatory submission, with Yorkville America Digital overseeing the management of...
Read Full Article →How $220M was stolen in minutes: Understanding the Cetus DEX exploit on Sui
The Cetus DEX on Sui experienced a rapid loss of $220 million due to a vulnerability in its mathematical operations, highlighting critical financial risks in decentralized finance...
Read Full Article →Tokenized Securities Trading Venue 21X Adds Circle’s USDC Stablecoin
The integration of Circle’s USDC stablecoin on 21X’s regulated platform enables faster and more secure settlement processes for tokenized financial instruments such as stocks, bond...
Read Full Article →Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
A suspected cyberattack on the Taiwanese cryptocurrency platform BitoPro in early May resulted in the loss of approximately $11.5 million, with the stolen assets reportedly moved u...
Read Full Article →SEC casts doubt on REX‑Osprey bid to launch staking Ethereum, Solana ETFs
The SEC’s request to postpone the debut of staking Ethereum and Solana ETFs highlights regulatory challenges that could impact the timing and market reception of these new investme...
Read Full Article →Australian Regulator Sues Ex-Director of Crypto Exchange ACX for Mishandling Funds
The legal action against the former executive highlights concerns over the management of client assets following the 2019 collapse, emphasizing potential impacts on investor confid...
Read Full Article →Cetus seeks Sui community nod to unlock $162M to make users whole
Cetus aims to access $162 million by obtaining approval from Sui token holders to restore losses incurred by users due to a recent security breach on the platform.
Read Full Article →Strive Raises $750 Million to Fuel Bitcoin Treasury Purchases
Strive Asset Management secured $750 million in new capital to expand its cryptocurrency holdings, reflecting growing institutional interest in diversifying investment portfolios t...
Read Full Article →BitGo advances FTX repayment amid rising phishing threats
BitGo has begun distributing funds to FTX creditors in a key step toward financial restitution, although recipients cannot access their assets for trading until the end of May.
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