The move may bring fresh energy and capital into the spot ETFs.
Binance Could Come Back to India by Paying $2M Fine: Report
The exchange could return as a FIU-registered firm after paying the fine, the report added.
Bitcoin Vaults Over $70K, Hits New Highs
The leading cryptocurrency had crossed $70,000 for the first time ever last week.
Terra’s Do Kwon Wins Extradition Appeal in Montenegro
Kwon is facing fraud charges in the U.S. around his role in Terra’s collapse.
Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi
Warren reiterated her disdain for the industry in an interview.
MicroStrategy’s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT
The phishing attempt has already led to $440,000 worth of crypto being stolen.
Layer 1 Injective Introduces ‘CW-404’ to Capitalize on the ERC-404 Hype
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard.
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.
Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades
ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
Asset Manager Jupiter’s Crypto Investment Scrapped by Compliance Team: FT
The firm’s Gold & Silver fund made a $2.58 million investment in an XRP ETP, which was later cancelled.
Blockchain Analytics Firm Chainalysis Cuts 15% of Staff
This is the second round of layoffs by the analytics firm in less than 12 months.
Mt. Gox Pushes Repayment Deadline by a Year
The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024.
Trader Joe Debuts on Ethereum, JOE Jumps 3%
The DEX’s Liquidity Pool was already available on Arbitrum, BNB Chain and Avalanche.
Michael Saylor’s MicroStrategy Now Holds Over $4.6B Worth of Bitcoin
The firm bought over 12K bitcoin for $347 million in the last two months.
Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some User, EY Says
EY will make the procedure to file the claims public in the coming weeks,
BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements
https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf
Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization
The move by Genesis creditors comes months after they had appeared to reach an initial agreement with Genesis-owner DCG.
S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
The exchange said on Sunday hackers transferred the crypto assets from a hot wallet to an unidentified wallet.
0x Protocol’s Token Surges 20% After DEX Partners With RobinHood, Polygon For Tx Relay
Robinhood wallet will be the first to use the Tx Relay API.
Polygon Labs Cuts 20% Workforce, Almost 100 Jobs
The firm said that the job cuts are part of its consolidation earlier this year.