Fake HSBC, Anchorpoint Tokens Emerge Ahead of Hong Kong Stablecoin Launch
In the lead-up to the formal debuts of their products, scammers have released phony tokens pretending to be HSBC and Anchorpoint Financial, two of the…
US Crypto Firms Push Senate to Advance Clarity Act for Market Framework
United States crypto firms and trade associations have urged the Senate Banking Committee to go forward with the Clarity Act’s markup, which would provide a national framework for crypto markets.…
US Spot Bitcoin ETFs See Strong Inflows Amid Ongoing Momentum
With Bitcoin’s price rebound, US-listed spot Bitcoin ETFs have been steadily receiving investments since mid-April, giving them a leg up. Farside data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs)…
Bitcoin Flashes Signs of a Potential Macro Bottom
Buying pressure for Bitcoin (BTC) grew, driving the price beyond $79,000. Moreover, new analysis found that the constant drop in Bitcoin supply on exchanges suggests less immediate selling pressure. Bitcoin…
Crypto Sentiment Index Hits 3-Month High as Bitcoin Nears $80K
After Bitcoin’s 6% surge to almost $80,000 on Wednesday, the sentiment index for the cryptocurrency market hit its highest point in more than three months. After a 14-point surge, The…
GSR Launches Core3 Crypto ETF Tracking Multiple Assets
Institutional cryptocurrency trading platform GSR launched its first crypto exchange-traded fund on Wednesday; the fund witnessed around $5 million in trading volume on the first day. On Wednesday, GSR revealed…
Uzbekistan Launches Crypto Mining Zone with Tax Breaks
The president of Uzbekistan signed a resolution on Friday designating a portion of Karakalpakstan as a special crypto mining zone. The zone will be subject to oversight, and approved mining…
Volo DeFi Hack Drains $3.5M as Protocol Freezes Stolen Funds
The most recent event in a string of attacks against DeFi platforms is the disclosure by the decentralized finance (DeFi) protocol Volo of a security compromise that led to the…
Justin Sun Sues Trump-Backed WLFI Over Token Freeze Dispute
Justin Sun, founder of Tron, claims that he took World Liberty Financial to court when they threatened to freeze and destroy his tokens without giving him a reason. World Liberty…
Newly Appointed Bank of Korea Governor Backs CBDC Push
Central bank digital currencies (CBDCs) and tokenized deposits were endorsed by the newly appointed governor of the Bank of Korea, Hyun-Song Shin, in his first public speech. The second phase…
Strategy Surpasses BlackRock’s IBIT in Bitcoin Holdings
It hasn’t happened since Q2 2024, but Strategy (MSTR) currently has more bitcoin than BlackRock’s iShares Bitcoin Trust (IBIT). The biggest publicly listed Bitcoin holder in the world has revealed…