Author: Louis Adams
Cryptocurrency Exchange eXch to Close its Doors
Reading time: < 1 minuteCryptocurrency exchange eXch announced it will cease operations by May 1 following allegations of laundering funds linked to the Bybit hack earlier this year.
Galaxy Research Proposes System to Reduce Solana’s Inflation
Reading time: < 1 minuteGalaxy Research has introduced a new proposal to address a persistent issue in Solana’s governance—reaching consensus on reducing inflation.
Arizona’s House Committee Passes Crypto Reserve Bill
Reading time: < 1 minuteOne of Arizona’s crypto reserve bills has been approved by the House and is just one successful vote away from reaching the governor’s desk for official approval.
Crypto ETFs
Reading time: 2 minutesCryptocurrency exchange-traded funds (ETFs) offer investors a way to gain exposure to the cryptocurrency market without directly purchasing and storing digital assets. Similar to traditional
German Regulator Orders Ethena to Suspend Operations
Reading time: < 1 minuteGermany’s financial watchdog has taken its first significant enforcement action under the EU’s new crypto regulatory framework, ordering Frankfurt-based Ethena GmbH to cease operations and liquidate its USDe stablecoin business.
Chinese Local Governments Selling Seized Crypto
Reading time: < 1 minuteChina is currently considering how to manage the billions of dollars in cryptocurrencies confiscated from illicit activities.
CleanSpark to Sell Mined Bitcoins
Reading time: < 1 minuteCleanSpark, a US Bitcoin mining company, announced plans to sell a portion of the Bitcoin it mines each month to achieve financial self-sufficiency.
Kraken Rolls Out US Stocks and ETFs Trading
Reading time: < 1 minuteKraken now enables users in ten US jurisdictions, including New Jersey, Connecticut, and Wyoming, to trade stocks and ETFs directly through its platform.
SEC Delays its Decisions on ETFs Staking
Reading time: < 1 minuteThe US Securities and Exchange Commission (SEC) has postponed decisions on two proposed amendments concerning crypto exchange-traded funds (ETFs),
Xapo Bank Reports Surge in Bitcoin Trading Volumes in Q1
Reading time: < 1 minute
Gibraltar-based Xapo Bank, a private bank and Bitcoin custodian, reported a significant increase in Bitcoin trading volumes in the first quarter as its high-net-worth clients purchased Bitcoin amid market volatility.