Coinbase is challenging a lawsuit filed by Oregon’s Attorney General, arguing that the state is overstepping its authority by attempting to regulate digital assets territory the company believes should be governed by federal agencies. In a new legal move, Coinbase has filed to move the case to federal court, accusing
Ripple (XRP) has long been a staple in the crypto market, yet it has shown signs of consolidation with limited recent growth. Alternative seekers may be interested in Salamanca ($DON), which is currently selling below $0.01. Its quick rise, along with the support from users, gives $DON a major advantage.
MEXC, a leading global cryptocurrency exchange, will participate as one of the Major Sponsors at the upcoming Solana Summit APAC 2025, taking place June 5-7 in Da Nang, Vietnam. The summit will showcase MEXC’s deepening commitment to the Solana ecosystem and introduce innovative community engagement initiatives designed to strengthen partnerships
Stuttgart, Germany, 3rd June 2025, Chainwire
Australia is tightening control over crypto ATMs following a sharp rise in scam-related fraud, primarily targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced a $5,000 AUD (approx. $3,250 USD) limit on cash deposits and withdrawals at crypto ATMs, effective immediately. This move aims to reduce the
Coinbase Global filed a complaint recently with the SEC on May 14 regarding a threat email it received from unknown actors. The email demanded a maximum of $400 million for not disclosing the customer information it obtained in unauthorized ways. Coinbase seems to have prior knowledge of the customer data
21Shares US LLC declared a 3-for-1 share split for its ARK 21Shares Bitcoin exchange-traded fund (ETF), ARKB. The split aims to boost accessibility for retail investors by lowering the per-share price. Share Split Details and Impact The 3-for-1 split will triple the number of shares outstanding while reducing the price
Strategy announced an initial public offering (IPO) of 2.5 million shares of its STRD preferred stock on June 2, 2025. The company plans to use the funds raised for general corporate purposes, including acquiring additional Bitcoin and working capital. The STRD shares will carry an annual dividend rate of 10%,
The Ethereum Foundation has come up with a restructuring plan to improve its ecosystem. From rebranding its R&D department to shedding some staff members, various changes are underway at EF. The Ethereum network was on the verge of loosening its grip over the crypto industry. However, the EF has decided
Elon Musk’s artificial intelligence company, xAI, has entered a one-year partnership with Telegram to integrate its Grok chatbot into the messaging platform. The collaboration is valued at $300 million and comprises both cash and stock payments. According to Telegram founder Pavel Durov, Telegram will receive 50% of all subscription sales
