Grayscale Rolls Out Sui-Based Trusts for DeepBook and Walrus Tokens
Reading time: < 1 minuteGrayscale has expanded its Sui-linked investment products with two new single-asset trusts targeting DeepBook and Walrus (WAL).
From Crypto King to Convicted Felon: Do Kwon’s Dramatic Fall
Reading time: < 1 minuteDo Kwon, whose TerraUSD project promised financial revolution, will plead guilty to fraud charges after his algorithmic creation spectacularly collapsed in 2022, taking $40 billion of investor money with it.
Ethereum ETFs Hit $10B Total as Daily Inflows Break $1B Barrier
Reading time: < 1 minuteUS spot Ethereum ETFs reached two major milestones Monday – crossing $1 billion in single-day inflows for the first time while pushing cumulative totals past $10 billion ($10.83B).
Paxos Aims for National Charter to Bolster Stablecoin Trust
Reading time: < 1 minutePaxos, the company behind PayPal’s stablecoin, has applied for a federal trust charter to enhance its regulatory standing.
401(k) Crypto Approval Sparks $1.57B Inflow Wave, Reversing Early Outflows
Reading time: < 1 minuteA US regulatory shift allowing digital assets in retirement plans helped crypto funds recover from $1B in early-week outflows, ending with $572M in net inflows.
White House Crypto Chief Bo Hines Steps Down
Reading time: < 1 minuteBo Hines, leader of the White House’s crypto advisory council, is leaving his post, per journalist Eleanor Terrett. Deputy Patrick Witt will reportedly take over.
El Salvador Doubles Down on Crypto with New Banking Law
Reading time: < 1 minuteEl Salvador continues to push its pro-Bitcoin agenda, now allowing investment banks to hold and manage cryptocurrency under a newly passed law.
Coinbase Joins DEX Race with In-App Trading Integration
Reading time: < 1 minuteCoinbase is stepping into the decentralized exchange arena, enabling US users to trade millions of tokens via integrated DEXs like Uniswap and Aerodrome—a direct challenge to standalone wallet and DEX competitors.
SEC vs. Ripple Appeals Dismissed, 2023 Ruling Stands as Final
Reading time: < 1 minuteThe Second Circuit Court of Appeals has dismissed the SEC’s appeal and Ripple’s cross-appeal in the high-profile XRP case, finalizing Judge Analisa Torres’ 2023 ruling.
Hong Kong’s Stablecoin Era Begins as Animoca JV Seeks License
Reading time: < 1 minuteA major player is stepping into Hong Kong’s newly regulated stablecoin market. Animoca Brands, alongside banking giant Standard Chartered and telecom leader HKT, has officially started the process to obtain a stablecoin license through their joint venture, Anchorpoint Financial Limited.
