It will be a year in two months since the $235 million WazirX hack took place. And the exchange still doesn’t have a clear solution for its creditors. As the Singapore High Court rejected its proposed restructuring scheme, the WazirX hack saga is back to square one, with creditors wondering
In a major milestone for institutional crypto adoption, JPMorgan Chase is now offering financing to clients using spot Bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral. This shift, reported by Bloomberg on June 4, 2025, signals growing acceptance of regulated crypto investment vehicles in traditional
The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct
APS, a fund manager from Europe, purchased $3.4 million in tokenized real estate through MetaWealth. After this step, the fund manager made the first direct institutional purchase of retail-accessible tokenized assets. APS is the manager of 12 billion euros or $13.7 billion in assets, bought 3 million euros or $3.4
In a major crackdown on cybercrime, U.S. authorities have taken down 145 domains tied to BidenCash, a well-known dark web marketplace. They also seized an unknown amount of crypto connected to the site. BidenCash was a go-to spot for buying and selling stolen credit card data and loads of personal
1.33% pullback in the crypto market has pushed the assets to sink into the red sea, with neutral sentiment lingering within the market. The major assets have fallen back to their former lows, with the largest asset, Bitcoin, trading at around $104.7K. Meanwhile, PancakeSwap (CAKE) has posted a spike of
The financial markets regulator of Hong Kong has planned to permit derivatives trading for professional investors. The step has been taken to expand product offerings in the asset class and boost the global competitiveness of the city. The Securities and Futures Commission (SFC) has so far mentioned that its main
TRON (TRX) is trading at $0.2733, showing a modest 1.17% gain over the past 24 hours, according to CoinMarketCap. In the same period, the cryptocurrency fluctuated between $0.2700 and $0.2750, indicating mild short-term volatility. Although TRX remains 38% below its all-time high of $0.4407 recorded in December 2024, it continues
Ethena’s native token, ENA, is under heavy fire as market bears tighten their grip. ENA is currently priced at $0.319, witnessing a decline of over 8% in the past 24 hours, with $241 million in daily trading volume. Ranked 47th by market cap, Ethena currently commands a $1.89 billion valuation.
Animecoin, a cryptocurrency set for the manga, has reported a positive action in recent sessions. ANIME offers a channel for fans to interact, and support their best characters. Additionally, it mixes crypto and anime, planning to make a decentralized place where fans can interact. Tracking the trend, ANIME opened its
