Finance News – Global Crypto
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Hacker drains $42 million from decentralized perpetual exchange GMX
A cybercriminal successfully extracted a substantial amount of digital assets from GMX's liquidity pool, causing a significant monetary loss for the decentralized trading platform.
Read Full Article →Robinhood defends stock tokens amid EU probe, says more firms want in
Robinhood’s CEO emphasized the growing interest from various companies in its innovative trading offerings despite regulatory scrutiny in Europe, highlighting potential impacts on...
Read Full Article →Tether stores $8b worth of gold in a secret vault in Swiss: report
Tether’s substantial gold reserves held in a confidential Swiss vault serve as a significant asset backing, potentially enhancing investor confidence and stabilizing the value of i...
Read Full Article →Bitcoin gets ‘highly favorable’ cues as DXY sets 21-year weakness record
Bitcoin's value may benefit notably as the US dollar weakens to a historic low, potentially driving increased investor interest and positive market momentum in cryptocurrency asset...
Read Full Article →Crypto groups back lawsuit against DOJ crackdown on open-source code
A coalition of prominent cryptocurrency organizations is challenging the Department of Justice’s attempt to impose financial regulations on open-source technology, potentially affe...
Read Full Article →Warren unveils crypto standards, slams GOP ‘handout’ to industry
Senator Elizabeth Warren introduced new regulatory guidelines for the cryptocurrency market, highlighting concerns about previous legislative measures that she views as overly favo...
Read Full Article →Crypto Trading Firm Galaxy Expands Institutional Staking With Fireblocks
The partnership between Galaxy and Fireblocks allows institutional clients to access staking services more securely and efficiently, potentially enhancing capital deployment and br...
Read Full Article →A deep dive into no-KYC crypto exchanges and their uses: Review and comparison
No-KYC crypto platforms provide users with quick, private transaction options, appealing to those prioritizing anonymity, though these services may involve increased risks and regu...
Read Full Article →OpenSea expands to mobile with Rally deal, eyes ‘onchain everything app’
OpenSea’s acquisition of Rally marks a strategic move to enter the mobile market, potentially increasing user engagement and diversifying revenue streams through integrated NFT, to...
Read Full Article →New Zealand to ban crypto ATMs in AML crackdown
The decision is expected to impact cryptocurrency accessibility and transactions, while aiming to enhance regulatory oversight and reduce illegal financial activities within New Ze...
Read Full Article →The new ‘decentralization theater’: Crypto projects are still controlled by the few | Opinion
The concentration of control within crypto initiatives limits broader participation, potentially hindering investor confidence and slowing growth opportunities in an industry that...
Read Full Article →OmegaPro Founders Charged Over $650 Million Crypto ‘Global Fraud Scheme’
The founders are accused of orchestrating a cryptocurrency-related investment scam that raised over $650 million by enticing participants through extravagant events and false promi...
Read Full Article →Circle and OKX launch zero-fee USDC conversions to US dollar
The collaboration between Circle and OKX enables users to convert USDC to US dollars without incurring any fees, potentially enhancing transactional efficiency and reducing costs i...
Read Full Article →Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud
Eigen Labs has reduced its workforce by a quarter to concentrate resources on developing EigenCloud, while maintaining ongoing support for its existing EigenLayer and EigenDA proto...
Read Full Article →Bitcoin eyes gains as dollar index sinks to 21-year lows — Can BTC surge past all-time high?
A decline in the U.S. dollar's value is creating favorable conditions for Bitcoin to potentially experience significant upward momentum, raising speculation about a resurgence beyo...
Read Full Article →ETH gains ground in corporate treasuries with GameSquare’s $100M pivot
Several major companies are increasingly adopting Ethereum for their treasury management, with GameSquare recently allocating $100 million to strengthen its digital asset holdings.
Read Full Article →H100 Group raises $54 million for its Bitcoin Treasury Strategy
H100 Group secured more than $54 million through equity and convertible debenture offerings to support the expansion of its investment approach centered on increasing Bitcoin holdi...
Read Full Article →Anthony Pompliano’s ProCap Appears Better Than Peers Based on the BTC HODLer's Own Data
ProCap BTC, currently ranking as the 13th largest public bitcoin holder, aims to complete a $1 billion merger with CCCM, which could enhance investor opportunities by balancing ris...
Read Full Article →Almond FinTech expands transfer network in Apac
Almond FinTech’s collaboration with a seasoned remittance company in Singapore aims to enhance the efficiency of cross-border transfers and improve financial operations between Sin...
Read Full Article →Story and World partner to verify IP ownership onchain amid proliferation of AI-generated content
By incorporating identity verification technology, the collaboration enables creators to authenticate and manage the usage rights of their digital assets, potentially enhancing rev...
Read Full Article →New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul
The proposed regulations aim to enhance financial security by restricting cryptocurrency access points and limiting large cross-border cash transactions to reduce risks associated...
Read Full Article →Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises
Several companies have increased their cryptocurrency holdings through recent capital raises, reflecting an enhanced business strategy that leverages bitcoin as part of their finan...
Read Full Article →Kraken and Backed to expand xStocks support to BNB Chain alongside Solana
The extension of xStocks trading to BNB Chain by Kraken and Backed allows investors to access tokenized U.S. stocks on a new blockchain, potentially increasing market participation...
Read Full Article →New Zealand bans crypto ATMs in crackdown on criminal cash conversions
New Zealand implemented restrictions on cryptocurrency access and limited international cash transactions to enhance regulatory oversight and reduce the risk of illicit financial a...
Read Full Article →BNY Mellon to custody dollar reserves for Ripple’s RLUSD stablecoin
By entrusting BNY Mellon with its dollar reserves, Ripple aims to enhance the security and credibility of the assets supporting its RLUSD stablecoin in the financial market.
Read Full Article →Focus on Market Cap, Trading Volume Rather Than Engagement for a Successful Token Launch, Research S...
Research analyzing extensive data from numerous crypto token launches indicates that prioritizing market capitalization and trading activity plays a more crucial role in financial...
Read Full Article →GMGN co-founder promises compensation for victims of MEV attacks under new security measures
GMGN has introduced a new security feature designed to reduce exploitative trading practices, assuring affected users that financial reimbursements will be provided for any losses...
Read Full Article →Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10
The anticipated Heimdall v2 mainnet launch on July 10 has contributed to increased trading activity and a notable price rise for Polygon’s POL token in recent sessions.
Read Full Article →New Zealand announces crypto ATM ban in push to combat financial crime
New Zealand’s latest regulations aim to enhance financial security by prohibiting crypto ATMs and capping cross-border cash transactions, thereby reducing opportunities for illicit...
Read Full Article →Cardano price approaches key resistance level, can bulls push ADA to $1?
Cardano's recent price movement near a crucial barrier highlights investor interest, as gains over the past week suggest potential shifts in market momentum despite ongoing challen...
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