News Updates
Wisconsin Sells Entire $350M Spot Bitcoin ETF Stake
The move came after the state investment board doubled its exposure to spot bitcoin ETFs late last year as markets fell.
Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says
Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said.
Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN
Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics.
DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor
Most of the individuals were arrested this week in California.
FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.
Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation.
SEC Is Probing Coinbase Over User Number Misstatement Concern
The investigation began under former SEC Chair Gary Gensler and has continued under the current administration, according to the NYT, which first reported the story.
Litecoin’s ETF Hopes Rise Even as Price Retreats From $101 Peak
Heightened volatility sends LTC tumbling from recent highs as traders eye key support levels
Crypto Exchange CEO's Daughter, Grandson Targeted in Paris Kidnap Attempt
French Interior Minister Bruno Retailleau said he will meet with French crypto entrepreneurs to discuss how to protect them.
Uniswap (UNI) Falls 6% as Institutions Offload $82M, Still Up 20% in a Month
Massive exchange deposits signal bearish sentiment as Uniswap's native token breaks critical support levels amid heightened market volatility.
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