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April 12, 2024

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request

An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.

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April 12, 2024

Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving

Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.

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April 12, 2024

TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram

HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase.

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April 12, 2024

Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release

Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.

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April 12, 2024

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.

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April 12, 2024

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

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April 12, 2024

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

The Thursday total ETF flow was negative, with GBTC leading the pack

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April 12, 2024

Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

“A lot of things can go wrong,” in Ethena’s yield-generation strategy, said Folkvang CEO Mike van Rossum.

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April 11, 2024

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who’ve pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.

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April 11, 2024

Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.

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