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CryptoCurrency
Coinbase Faces Lawsuit over Stock Drop Following Data Breach and FCA Penalty
2025-05-26T12:21:52.019+02:00
An investor claims Coinbase stock drop was caused by $20M extortion and UK FCA fine.
The suit covers shareholders from April 2021 to May 2025 and names Coinbase’s CEO and CFO.
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CryptoCurrency
FTX Set for $5 Billion Second-Phase Distribution Following $7 Billion Payout
2025-05-16T11:24:57.792+02:00
Creditors are expected to receive between 54% and 120% of their original claims.
Customers are being repaid in cash and won’t benefit from crypto price increases.
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CryptoCurrency
Robinhood to Acquire Canada’s WonderFi for C$250 Million in All-Cash Deal
2025-05-13T13:35:38.942+02:00
WonderFi operates Bitbuy and Coinsquare, with over C$2.1 billion in assets under custody.
The deal is expected to close in the second half of 2025, pending shareholder and regulatory approval.
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Trump’s Crypto Adviser David Bailey to Lead KindlyMD Merger with Bitcoin-Focused Nakamoto
2025-05-12T17:04:13.906+02:00
The merged firm aims to grow per-share Bitcoin holdings through a "Bitcoin Yield" strategy.
Over 200 global investors participated in a PIPE round backing the Bitcoin-focused merger.
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CryptoCurrency
Coinbase Enters Crypto Derivatives with $2.9B Deal to Acquire Deribit
2025-05-08T16:03:15.179+02:00
Deribit’s founders will exit after the deal, set to close by 2025, pending regulatory approval.
The acquisition includes $700 million in cash and 11 million Coinbase shares.
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CryptoCurrency
US Banks Can Now Buy and Sell Customers’ Crypto Assets: OCC Clarifies
2025-05-08T07:34:19.244+02:00
The OCC has also allowed banks to outsource crypto custody and trade execution services to third parties.
Recently, the Fed removed requirements for banks to notify it in advance of crypto-related activities.
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Bitcoin Eyes Breakout; Metaplanet Buys 555 BTC, Holdings Reach 5,555
2025-05-07T16:46:21.217+02:00
The firm issued $25 million in additional zero-coupon bonds to support its Bitcoin strategy.
Michael Saylor’s Strategy bought 1,895 BTC for $180.3 million last week.
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CryptoCurrency
BurjX Receives In-Principle FSRA Approval, Integrates Fireblocks Security
2025-05-06T14:35:48.289+02:00
The platform offers access to Bitcoin, Ethereum, and Solana, and is expected to launch later this year.
Fireblocks will integrate multi-party computation technology to support asset security and risk management.
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CryptoCurrency
Binance Partners with Kyrgyzstan for Crypto Push amid CBDC Progress
2025-05-05T11:36:36.810+02:00
The agreement focuses on blockchain education, crypto payments, and digital infrastructure development.
Binance Pay will be introduced for cross-border transactions in Central Asia and EAEU.
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Morgan Stanley to Add Crypto Trading on E*Trade as Fed Eases Restrictions
2025-05-01T14:42:46.812+02:00
The bank may partner with crypto firms to develop infrastructure, with a possible launch next year.
Charles Schwab and SoFi are also exploring or expanding crypto trading options.
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CryptoCurrency
Circle Secures In-Principle Abu Dhabi Approval as It Pursues NYSE IPO
2025-04-29T14:30:43.237+02:00
The firm is expanding in the Middle East through a partnership with Abu Dhabi’s Hub71.
USDC remains the second-largest stablecoin, with over $62 billion in circulation.
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CryptoCurrency
TradingView Updates Crypto Offerings with Coinbase Spot and Derivatives Integration
2025-04-28T18:50:32.364+02:00
Users can access over 550 spot pairs and 100 perpetual contracts from Coinbase Advanced.
The move follows TradingView’s recent addition of Coinbase’s perpetual swaps to its tools.
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CryptoCurrency
Aussie Crypto Provider to Offer Derivatives with Prime Brokerage FalconX Partnership
2025-04-28T06:51:14.501+02:00
MHC Digital Group will add the new crypto derivatives product to its platform, MHC Markets.
It will offer digital asset derivatives, options, and structured products.
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Trending
When Will Bitcoin Hit 100K Again; Japanese Firm Metaplanet Adds 330 BTC
2025-04-21T13:11:12.566+02:00
The firm's Bitcoin holdings are now valued at $414 million, making it the largest corporate holder in Asia.
The firm aims to accumulate 21,000 BTC by 2026, following a strategy similar to that of MicroStrategy.
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Trending
Bhutan Taps Hydropower for Green Crypto Mining to Achieve ESG Goals
2025-04-17T17:26:32.306+02:00
The country's green crypto hub plans rely on expanding its hydropower capacity from 3.5 to 33 gigawatts.
Meanwhile, Russia has imposed a six-year crypto mining ban in 10 regions to conserve fossil fuel energy.
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Trending
XRP Trades in Range as Ripple-SEC Case Paused for 60 Days Following Joint Request
2025-04-17T12:13:06.484+02:00
Two paths are possible: a settlement with or without SEC support for the rule change, both requiring court approval.
A full agreement could end the appeal by next month, but without a deal, the case may extend into 2026 or beyond.
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Trending
WazirX Investors Told to Approach Government After Court Dismissal in ₹2,000 Crore Crypto Hack
2025-04-16T15:33:16.767+02:00
Victims have been directed to approach the Union Government, RBI, SEBI, and CBI.
Allegations of negligence and ownership disputes between WazirX and Binance have increased uncertainty.
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XRP Awaits Direction; Ripple CEO Garlinghouse Sees Bitcoin Hitting $200K
2025-04-15T17:14:41.155+02:00
Brad Garlinghouse raised his Bitcoin forecast from $175K to $200K due to the shifting market and regulatory environment.
He declined to predict XRP’s price, citing his role in the project.
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CryptoCurrency
Amazon Web Services Outage Disrupts Binance, KuCoin Withdrawals: Trading Disruptions Continue
2025-04-15T11:38:12.494+02:00
Crypto wallet Rabby and analytics tool DeBank also went offline.
Binance resumed withdrawals just over five minutes after the incident, but trading issues persisted.
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Trending
Google Tightens Crypto Ad Policy in Europe to Comply with MiCA and CASP Regulations
2025-04-14T15:17:54.229+02:00
New policy may boost investor safety but increase compliance costs for smaller crypto firms.
Some see Google’s update as legal risk avoidance, not real investor protection improvement.
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Trending
Following US Tariff Pause, Trump Reverses IRS DeFi Rule Easing Crypto Concerns
2025-04-11T13:42:43.560+02:00
The IRS rule, updated under Biden, faced backlash from the crypto industry for being unworkable for DeFi.
Trump has taken steps to support cryptocurrency, creating a working group and ordering a federal bitcoin stockpile.
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Despite Hidden Road Acquisition, XRP Struggles as SEC Disagrees on Appeal Status
2025-04-09T14:43:59.191+02:00
Ripple claims the Appeal and Cross-Appeal are settled, while the SEC says they're ongoing.
The acquisition of Hidden Road for $1.25 billion makes Ripple the first crypto company to operate a multi-asset prime broker.
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CryptoCurrency
Breaking: Ripple Acquires Hidden Road for $1.25 Billion, Becomes First Crypto Company with Multi-Asset Prime Broker
2025-04-08T14:15:47.543+02:00
The deal broadens Ripple's services, including clearing, prime brokerage, and financing across markets.
RLUSD is positioned as the first stablecoin for cross-margining between digital and traditional markets.
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CryptoCurrency
Bybit Teams Up with Zodia Custody for Off-Venue Settlement Following $1.4 Billion Breach
2025-04-04T12:21:17.810+02:00
The Interchange solution allows institutions to trade while keeping assets in independent custody.
Zodia Custody offers custody services certified under SOC 1 Type I and II.
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Trending
Bitcoin, Altcoins Fell Under President Trump’s Tariff Wrath: Can Cryptos Recover?
2025-04-03T07:16:15.165+02:00
Bitcoin dropped below $83,000 after the announcement of the US tariffs.
The TRUMP meme coin fell by about 10 per cent.
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