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    Blockchain

    Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC

    Robinhood Markets, a prominent retail trading platform, announced its intention on May 7 to challenge the US Securities and Exchange Commission (SEC) in court following allegations of securities violations. 

    Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program

    The Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation.

    South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial

    Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal.

    Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says

    One in five voters in key states believe that cryptocurrencies are a critical issue in the 2024 US elections amidst Donald Trump and Joe Biden’s race for the presidency, according to Digital Currency Group (DCG) Tuesday report.

    State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds

    The German state-owned bank Kreditanstalt für Wiederaufbau (KfW) announced on May 6 that it will launch its first blockchain-based digital bonds. The move signifies a major step towards adopting blockchain technology within traditional financial institutions in Germany.

    Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January

    Now detained Binance executive Tigran Gambaryan and representatives of the crypto exchange were allegedly pressured by a government official to accept a secret agreement to settle Nigeria’s claims against the exchange, Binance CEO Richard Teng revealed in a blog post on Tuesday.

    Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW

    Bancolombia Group, Colombia’s largest bank, launched the cryptocurrency exchange Wenia on May 3, marking a major step in the country’s crypto evolution.

    Kronos Research Hacker Launders $4M Through Tornado Cash

    The Hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 Million of Ethereum through Tornado Cash, attempting to launder the funds.

    ETFS Capital Calls for Change in WisdomTree Leadership, Board Responds

    ETFS Capital has called for changes in WisdomTree’s leadership, urging shareholders to vote against the re-election of certain directors.

    Austrian Firm Bitpanda Expands to UAE Hiring Former 1inch Exec to Lead Ops

    Austrian crypto exchange Bitpanda is expanding its operations to the Middle East and opening a regional office in the United Arab Emirates (UAE).

    Exodus Approved for NYSE Listing, Trading Begins on May 9

    Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD.

    Verum Coin (VERUM): Your Path to the Digital Future

    Verum Coin (VERUM): Your Path to the Digital Future

    CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms

    The Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.

    Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving

    Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event. 

    FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan

    A May 6 transfer of $8.3 million associated with the now-bankrupt FTX exchange and its sister trading firm, Alameda Research, has raised questions about the future of creditors awaiting compensation.

    South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO

    South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned IPO.