Recent incidents involving Movement Labs’ MOVE token and Mantra’s OM token have upset the crypto market-making world. Because of these high-visibility collapses, alleged involving private trading by team members, hidden unlocks of tokens and quiet selling on the secondary market, the industry is seriously reconsidering how it handles liquidity. The
May 17, 2025 3 mins read
In a significant move toward expanding access to regulated cryptocurrency services, Webull Pay has announced a strategic partnership with Coinbase. Beginning in June 2025, Coinbase will be the backend trading, custody, and staking infrastructure provider via its Crypto-as-a-Service (CaaS) platform. Together, this partnership is to revolutionize Webull Pay’s digital finance
May 17, 2025 2 mins read
Solana (SOL), one of the big players among Layer 1 blockchains, with its unrelenting upward journey, made headlines again. Trading at $172.70, SOL gained 2.06% in the last 24 hours as the token dominates the digital asset market. The token now boasts an $89.75 billion market cap, ranking it as
May 16, 2025 3 mins read
Melbourne-based cryptocurrency exchange Cointree has been fined $75,120 by Australia’s financial intelligence agency, AUSTRAC, for failing to submit suspicious matter reports (SMRs) on time. This fine comes amid a broader crackdown by regulators aiming to reinforce anti-money laundering compliance within the growing digital asset sector. According to AUSTRAC, the fine
May 16, 2025 2 mins read
One of the world’s top cryptocurrency exchanges, Coinbase, is reeling from a major cyberattack that could cost the company as much as $400 million. The breach, which compromised less than 1% of its user data, involved a scheme where hackers bribed Coinbase contractors and employees to gain unauthorized access to
May 16, 2025 2 mins read
Coinbase, the largest publicly traded cryptocurrency exchange in the U.S., has placed a $20 million bounty on cybercriminals who tried to blackmail the company. The attackers demanded a ransom of the same amount in Bitcoin, threatening to leak sensitive customer data if the exchange refused to comply. Rather than giving
May 15, 2025 2 mins read
Nasdaq-listed blockchain firm BTCS Inc. is gearing up to make a major move in the cryptocurrency market by raising $57.8 million through a new agreement with ATW Partners. The funds will be used solely to purchase Ethereum (ETH), which the company describes as a “foundational” asset currently at a critical
May 15, 2025 2 mins read
Nebraska is poised to join the growing list of U.S. states taking a firmer stance on crypto mining. On Tuesday, legislators voted unanimously to pass LB 526, legislation directed at curbing massive-scale cryptocurrency mining operations with high power consumption. The bill sailed through its last legislative hurdle with a 49-0
May 15, 2025 2 mins read
As global interest in cryptocurrency adoption grows, Ukraine is taking a bold step toward integrating digital assets into its national financial strategy. The Eastern European nation is reportedly drafting legislation to establish a national strategic Bitcoin reserve, with the support of Binance, one of the world’s leading crypto exchanges. A
May 15, 2025 2 mins read
Coinbase, perhaps the most significant cryptocurrency exchange in the world, is stepping into bold territory by investing in Stablecorp, which created the Canadian dollar-backed stablecoin QCAD. At the Blockchain Futurist Conference in Toronto, it was announced in a strategic tie-up reflecting Coinbase’s general intention to cultivate digital innovation within Canada.
May 14, 2025 2 mins read
