Crypto News
Summary TLDR: Cathie Wood praises Hong Kong’s pro-crypto regulatory policies and urges the US government to follow suit. She commends Hong Kong’s Securities and Futures Commission…
Summary TLDR: Sony Bank is experimenting with launching a stablecoin pegged to the Japanese yen to streamline payments within the Sony Group’s ecosystem. They are partnering…
Summary TLDR: Irina Dilkinska, former legal chief of OneCoin, sentenced to four years in prison for wire fraud and money laundering. Her conviction is a significant…
Summary TLDR: Senators in Paraguay introduced a bill to ban crypto mining due to concerns about energy consumption and irregular connections causing financial losses to the…
Summary TLDR: Wormhole, Ethena Labs, and Waves are trending in the crypto market. Wormhole’s W token had a significant airdrop but fell in value, Ethena’s ENA…
Summary TLDR: Galaxy Digital launches a $100 million fund to invest in early-stage crypto startups, marking a shift towards engaging outside investors. This move aligns with…
Summary TLDR: The Wormhole token dropped 26% after an airdrop distributed 617.3 million W tokens. Scammers are taking advantage of the token’s popularity with phishing scams,…
Summary TLDR: KuCoin’s user-held reserves dropped by 20% amid a surge in withdrawals and allegations of anti-money laundering violations from the US government. The exchange’s latest…
Summary TLDR: The first quarter of 2024 saw a rise in sophisticated security threats in Web3, with $739.7 million stolen. PlayDapp faced a major security breach…
Summary TLDR: The rise of Bitcoin and the crypto market has created a new class of billionaires, with at least 17 individuals achieving billionaire status through…