India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor Updates Digital Rupee Progress During an event hosted by the […]
Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week. Per a report from Infobae (via La Nueva Radio Suarez), Blania has recently met with several government officials. The media outlet explained that the Tools for Humanity chief met with […]
Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
The notorious Poloniex hacker responsible for last year’s security breach on the cryptocurrency exchange is on the move again. The thief transferred 1,100 Ethereum (ETH), valued at $3.4 million, to the sanctioned crypto mixer Tornado Cash on May 7 in an effort to launder the stolen funds. Poloniex Hacker Transfers 11 Batches of 100 Ether […]
Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview on May 7, asserting that it’s not an undue focus but rather a response to the prevalence of scams and frauds within the sector. Speaking with CNBC, Gensler emphasized that while crypto represents […]
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the Securities and Exchange Commission (SEC), Susquehanna International Group, LLP (SIG) holds $1.8 billion worth of shares in such products. Massive Asset Manager Buys Bitcoin ETFs […]
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
Robinhood Markets, a prominent retail trading platform, announced its intention on May 7 to challenge the US Securities and Exchange Commission (SEC) in court following allegations of securities violations. The firm disclosed that its Robinhood Crypto had received a Wells Notice from the SEC over the weekend, indicating that charges could be levied against Robinhood […]
Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading in the green over the past 24 hours. Each of these altcoins was last up between 1.5-5% in the past 24 hours. Bitcoin (BTC), meanwhile, […]
Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program
The Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation. The new Seed Grants Programme will support at least 200 promising teams with $25,000 in USD Coin to give the “final push” to help projects launch on Starknet. The Starknet Grant […]
Bitcoin’s Bold Bet: Options Traders Eye $100K Surge By September
The crypto market is currently buzzing with anticipation as Bitcoin options traders position themselves for what they foresee as a “substantial price rally” in September. Particularly, the derivatives market is expressing confidence, with a significant number of traders betting on Bitcoin surpassing the $100,000 mark. Bitcoin Market Optimism Amidst Whale Movements Recent analysis from industry […]
NYSE Arca withdraws Grayscale’s futures ETH ETF 19-b4 filing
The US SEC reported a critical Grayscale withdrawal on May 7 that could have broad implications for spot Ethereum ETFs. Specifically, NYSE Arca withdrew a 19-b4 filing containing a proposed rule change through which it intended to list and trade shares of Grayscale’s Ethereum Futures Trust ETF. NYSE Arca withdrew the proposal on May 3, […]