News from CryptoSlate
What is your interest today?
Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exit...
Mubadala increased its investment in a leading Bitcoin trust by acquiring additional shares in the first quarter, while a Wisconsin-based fund reduced its involvement in cryptocurr...
Read Full Article →Institutions double down on stablecoins as trust reaches all-time highs – Fireblocks
Financial institutions are increasingly integrating stablecoins due to enhanced technological capabilities, reduced regulatory barriers, and growing demand for efficient cross-bord...
Read Full Article →FTX creditors poised to receive $5B by May 30 in latest distribution round
The FTX Recovery Trust plans to allocate more than $5 billion to eligible claimants by the end of May, advancing the company's efforts to fulfill obligations under its reorganizati...
Read Full Article →Coinbase confirms Biden-era SEC probe over ‘verified users’ is still ongoing
The ongoing SEC investigation into Coinbase’s user verification practices may impact its market reputation and investor confidence, potentially influencing the company’s financial...
Read Full Article →Court denies SEC, Ripple settlement motion after finding procedural misstep
The court's rejection of the settlement proposal may prolong litigation, potentially increasing legal expenses and creating continued uncertainty about the financial impact on both...
Read Full Article →Pavel Durov calls WhatsApp ‘cheap copycat,’ launches $50K contest to showcase Telegram’s superiority
By investing $50,000 in a promotional competition, Pavel Durov aims to enhance Telegram’s market position and attract more users, potentially increasing the platform’s financial gr...
Read Full Article →UBS reveals wealthy investors increasing crypto allocations to 5%, echoing Bitwise
Affluent individuals are progressively diversifying their investment portfolios by dedicating up to 5% to digital currencies, reflecting a strategic approach to mitigate inflation...
Read Full Article →How an insider-led breach sparked a costly scam at Coinbase
The recent internal security lapse at Coinbase enabled attackers to use stolen personal information for a complex social engineering scam, resulting in significant financial losses...
Read Full Article →ETH-BTC rebounds 38% from April low in first real rally of 2025
The recent increase in the ETH to BTC exchange rate highlights a notable shift in market dynamics, potentially impacting investment strategies and asset allocations within the cryp...
Read Full Article →Central Bank of Russia rates Bitcoin the top global investment since 2022
According to a recent analysis by the Russian monetary authority, Bitcoin achieved the highest financial gains over the last year, surpassing conventional investments like gold, eq...
Read Full Article →Coinbase resists $20 million Bitcoin ransom demand after insider-led data breach
Coinbase faced a significant cybersecurity incident involving a ransomware attempt seeking $20 million in cryptocurrency, highlighting potential financial risks related to internal...
Read Full Article →Retail Bitcoin holdings drop to 17% as wealthier entities dominate
The concentration of Bitcoin ownership among larger investors highlights a shift in asset control, potentially affecting market dynamics and challenging the original ideals of broa...
Read Full Article →UK HMRC mandates crypto exchanges must share user data starting 2026
Beginning in 2026, digital asset platforms operating in the UK will be required to provide detailed client information to tax authorities, enhancing regulatory oversight and compli...
Read Full Article →Bitcoin ETFs rebound with $319 million inflow on May 14 after sharp outflow day
On May 14, Spot Bitcoin ETFs experienced a significant capital increase of $319 million following a substantial withdrawal of $91.4 million the previous day, highlighting notable m...
Read Full Article →TRON DAO Upgrades to Chainlink Data Feeds as Official Oracle Solution, Securing $5.5+ Billion in DeF...
By integrating Chainlink Data Feeds as its primary oracle, TRON DAO enhances data reliability for decentralized finance applications collectively managing over $5.5 billion in tota...
Read Full Article →Telegram takes down $35 billion black-market networks, but illicit operators plan comeback
The recent disruption of extensive illegal marketplaces on Telegram, involving stablecoin transactions worth billions, highlights significant financial impacts while the perpetrato...
Read Full Article →Ethereum futures open interest rose 50% in May as ETH broke $2,000
The substantial increase in Ethereum futures interest during May reflects growing market confidence and heightened trading activity following the cryptocurrency’s surpassing of a m...
Read Full Article →NY Federal Reserve taps tokenized assets not CBDCs as future of finance
The New York Federal Reserve’s research suggests that using digital representations of traditional assets could enhance the efficiency and flexibility of financial systems more tha...
Read Full Article →Ukraine plans first-of-its-kind Bitcoin reserves with reported support from Binance
Ukraine is developing a legal framework to integrate digital currency into its national assets, marking a notable shift in how sovereign wealth is managed and potentially influenci...
Read Full Article →Cboe requests to list first US spot Tron ETF offering staking rewards
Cboe's proposal to introduce a US spot Tron ETF that includes staking incentives could attract investors seeking both price exposure and yield, potentially influencing trading acti...
Read Full Article →Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
In the first quarter of 2025, Bitfarms experienced a significant decrease in earnings related to financial activities, largely driven by diminished returns from derivatives and war...
Read Full Article →Ethereum Foundation aims to secure the future with trillion-dollar security initiative
The Ethereum Foundation announced a comprehensive plan to enhance the network’s protection measures, aiming to support substantial asset values and maintain trust among users and i...
Read Full Article →Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm
Financial advisors are increasingly incorporating digital asset investment vehicles into client portfolios, potentially leading to a notable shift in allocation strategies within t...
Read Full Article →Europol, Spanish police dismantle ‘mafia crypto bank’ laundering funds across continents
Authorities disrupted a major illicit network that processed over €20 million in cryptocurrency, facilitating cross-border money laundering activities linked to organized crime gro...
Read Full Article →Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak
Despite a consistent shift toward long positions in Solana derivatives over nearly three months, the cryptocurrency’s price remains significantly lower than its highest recent valu...
Read Full Article →JPMorgan bridges blockchain and traditional finance in landmark pilot transaction
JPMorgan’s successful pilot integrating tokenized Treasury products through blockchain technology demonstrates potential cost efficiencies and innovation opportunities within estab...
Read Full Article →Former front-runner for CFTC chair role resigns to lead Blockchain Association
The departure of a key Commodity Futures Trading Commission official to lead a prominent blockchain advocacy group may influence upcoming regulatory decisions impacting digital ass...
Read Full Article →Pi Foundation unveils $100 million investment initiative to drive real-world utility
The Pi Foundation has established a $100 million fund to financially back startups incorporating the Pi token into practical applications, intending to enhance adoption and foster...
Read Full Article →Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase’s leadership is seeking to recruit former US government efficiency officials to enhance its operations, potentially impacting the broader financial landscape through incre...
Read Full Article →XRP maintains steady price increase despite early May buy spike
XRP’s decentralized exchange liquidity growth contributed to enhanced market stability, supporting a gradual price rise between early and mid-May amid increased trading activity.
Read Full Article →