Finance News – Funds
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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 →Wedbush's Nvidia Bull Dan Ives’ AI ETF Joins Growing List of AI-Focused Funds
The introduction of Wedbush's AI ETF led by Dan Ives highlights increasing investor interest and capital flow into technology sectors driven by artificial intelligence advancements...
Read Full Article →Blow to Thames Water as KKR pulls out of equity raise
Thames Water’s efforts to secure funding and stabilize its financial position faced a setback when a major potential investor decided not to participate in the planned capital incr...
Read Full Article →UK small companies funds surge as government bonds sink
Investment in technology and smaller UK company sectors increased notably in May, outperforming government bond funds, which experienced declines due to volatility in the Treasury...
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 →HSBC accelerates private credit pivot with $4bn injection
HSBC's $4 billion commitment to its asset management division highlights a strategic move to expand its presence and influence within the rapidly growing private credit sector valu...
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.
Read Full Article →Spot bitcoin ETFs log highest volume week of 2025 as BlackRock’s IBIT reaches 30-day streak
The recent surge in spot bitcoin exchange-traded funds reflects increased investor interest and capital inflows, marking one of the strongest periods of trading activity since thei...
Read Full Article →'Absolute tsunami' of ETFs to hit market, and investors need to prepare now, says fund expert
The upcoming release of thousands of new ETFs is expected to significantly increase market complexity, requiring investors to carefully evaluate numerous options to effectively man...
Read Full Article →Stocks vs Funds: Six Different Ways They Impact Your Portfolio
Stocks and mutual funds influence your investment strategy differently by varying in risk, diversification, management style, cost, potential returns, and liquidity, affecting over...
Read Full Article →Ex-SafeMoon CEO faces 45 years after being found guilty on all charges
Braden Karony’s conviction for defrauding investors and misappropriating assets highlights the serious financial consequences individuals may face when engaging in fraudulent activ...
Read Full Article →Bitcoin ETFs Add $1 Billion in 2 Days Amid March to Record BTC Price
BlackRock’s IBIT fund attracted close to $600 million in assets within two days, contributing significantly to a combined increase of $1 billion across Bitcoin ETFs during a surge...
Read Full Article →Printer exploit reveals new threat to cryptocurrency wallets
A recently discovered vulnerability in printer software has been linked to unauthorized access to digital asset accounts, potentially leading to significant financial losses for cr...
Read Full Article →Trump considers order to open US retirement plans to private equity
Allowing retirement accounts to invest in private equity could potentially diversify portfolios and introduce greater risks and returns linked to more aggressive investment strateg...
Read Full Article →Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative
Binance’s request to dismiss the $1.76 billion legal claim by FTX highlights the ongoing financial dispute and potential impacts on liability and recovery efforts within the crypto...
Read Full Article →Fidelity, Ark Funds Pull In $343M As Bitcoin ETF Flows Spike
Investment in Bitcoin-related exchange-traded funds surged significantly, driven largely by contributions from major asset managers, highlighting renewed investor interest and incr...
Read Full Article →Investors Snap Up $200M in Ethereum Funds as Interest Grows After Pectra Upgrade
Following recent network improvements, investment in Ethereum-focused products contributed significantly to a total of $785 million poured into digital asset funds, pushing year-to...
Read Full Article →The Funding: Why big crypto VCs are joining Cobie’s Echo
Major cryptocurrency venture capital firms such as Paradigm and Coinbase Ventures are increasingly investing in Cobie’s Echo platform, highlighting a shift toward collaborative cro...
Read Full Article →$15m crypto laundering operation busted in Hong Kong
Hong Kong officials dismantled an international cryptocurrency scheme accused of moving nearly HK$118 million in illegal assets, highlighting challenges in combating digital curren...
Read Full Article →Hong Kong police arrest 12 suspected of laundering $15 million through crypto exchange shops
Authorities detained a dozen individuals suspected of channeling $15 million through various financial and cryptocurrency platforms, highlighting ongoing efforts to combat illicit...
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