Markets

Solana’s ‘Confidential Balances’ Strengthen Blockchain Privacy

Solana has expanded its privacy capabilities with the launch of “Confidential Balances,” a suite of zero-knowledge-powered token extensions. It is designed to shield transaction details while maintaining regulatory compliance. New Privacy Features Expand Token Functionality Confidential Balances represents the latest addition to Solana’s privacy-protecting “Confidential Transfers” features which Token2022 introduced

April 9, 2025 2 mins read

Cboe Files to List First-Ever SUI ETF Backed by Canary Capital

Canary Capital has taken a significant step toward launching the first U.S. exchange-traded fund (ETF) tied to the Sui Network’s native token, SUI. The asset manager filed an S-1 registration for the proposed ETF in March. On April 8, the Cboe BZX Exchange submitted a 19b-4 rule change request to

April 9, 2025 2 mins read

What’s the Story Behind Michael Saylor’s Strategy Filing With SEC For Potential BTC Selling?

This past week has been centered around the USA’s worldwide tariff negotiations. While the crypto market took its biggest hit on Monday, it has spent the two days struggling to stage a rebound. However, at the time of the press, the market has not yet recovered. On a positive note,

April 9, 2025 2 mins read

US SEC Gathers Industry Leaders for Upcoming Crypto Regulation Roundtable

The US Securities and Exchange Commission (SEC) has announced the roster of US crypto and financial industry heavyweights who will participate in a roundtable discussion about the regulation of crypto trading. Known as “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” the regulator’s next roundtable on

April 9, 2025 2 mins read

Trump Administration Shuts Down DOJ’s Crypto Crime Unit in Major Policy Shift

The U.S. Department of Justice (DOJ) has officially disbanded the National Cryptocurrency Enforcement Team (NCET), marking a major policy shift under President Donald Trump. The move aligns with the administration’s push to ease crypto regulations and promote innovation in the sector. NCET was launched in 2021 under the Biden administration.

April 8, 2025 2 mins read

SBI Holdings Inc. Weighs Reducing Its Stake in B2C2 Crypto Unit

Japanese financial conglomerate made it to the headlines today as the information regarding its plans to sell a minority stake in B2C2 crypto unit surfaced. Bloomberg reported that people familiar with the matter, who wish to stay anonymous, revealed the news. SBI Financial Services Inc. is an affiliate of SBI

April 8, 2025 2 mins read

Nigerian Court Adjourns Binance’s $81.5B Tax Evasion Case to April 30

A Nigerian court has adjourned the Federal Inland Revenue Service’s (FIRS) tax evasion case against Binance until April 30. The decision gives the FIRS more time to respond to a motion filed by the crypto exchange. Binance challenged a February 11 court order that allowed documents to be served via

April 8, 2025 2 mins read

World Liberty Financial Rewards Early Supporters With USD1 Airdrop

President Donald Trump-backed World Liberty Financial (WLFI) revealed a proposal on Monday about the distribution of its USD1 stablecoin. The distribution is for all current $WLFI token holders, and the process will help test its on-chain airdrop feature. World Liberty Financial (WLFI), a cryptocurrency venture with strong ties to President

April 8, 2025 2 mins read

Galaxy Digital Gains Approval for Direct Nasdaq Listing

Billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. has received approval for a direct listing on the Nasdaq stock exchange. According to a press release issued by Galaxy Digital, the company announced that trading will begin soon after a special shareholder meeting. Galaxy Digital has filed an approved Form S-4 to

April 8, 2025 2 mins read

Teucrium Debuts First-Ever Leveraged XRP ETF in the U.S. Ahead of Spot Approval

Teucrium Investment Advisors is launching the first U.S.-listed XRP ETF on April 8. The fund, called the Teucrium 2x Long Daily XRP ETF (ticker: XXRP), will trade on NYSE Arca. It aims to deliver twice the daily performance of XRP using swap agreements rather than holding the token directly. This

April 8, 2025 2 mins read