Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
US Releases a Draft Crypto Regulatory Framework
Reading Time: < 1 minuteOn May 5, the US House Committee on Financial Services released a draft bill proposing a new market structure for digital assets in the US.
VanEck Files to Launch a BNB ETF
Reading Time: < 1 minuteVanEck has filed an S-1 registration form with the US Securities and Exchange Commission (SEC) to launch a Binance Coin (BNB) exchange-traded fund (ETF).
Indonesia Suspends Sam Altman’s Crypto Project
Reading Time: < 1 minuteOpenAI CEO Sam Altman’s digital identity project, World, previously known as Worldcoin, is encountering difficulties in Indonesia after local regulators temporarily suspended its registration certificates.
Deribit to Expand to US
Reading Time: < 1 minuteDeribit, the world’s leading cryptocurrency options exchange with $1.3 trillion in trades last year, is exploring entry into the US market.
OKX DEX Resumes Operations
Reading Time: < 1 minuteOKX has officially relaunched its decentralized exchange (DEX) with a new real-time abuse detection and blocking system to counter illicit activities.
Mattel to Close its Hot Wheels Virtual Garage NFTs
Reading Time: < 1 minuteToymaking giant Mattel is pausing its Hot Wheels Virtual Garage NFTs as it evaluates the collection’s future.
Tether Posts $1B in Q1 Operating Profit
Reading Time: < 1 minuteTether’s current excess reserves are at their lowest since Q2 2024, when it held $5.3 billion in reserves.
21Shares Seeks to Launch a Spot SUI ETF
Reading Time: < 1 minute21Shares, a leading digital asset manager, has submitted an S-1 statement to the US SEC to launch a spot SUI ETF.
Mango Markets Exploiter Sentenced to Four Years
Reading Time: < 1 minuteAvraham “Avi” Eisenberg, accused of orchestrating a multi-million dollar exploit of Mango Markets, was sentenced to just over four years on Thursday.
US Crypto Industry Groups Request Clarity from SEC on Staking
Reading Time: < 1 minuteA broad coalition of crypto industry groups, spearheaded by the Crypto Council for Innovation (CCI), has formally requested regulatory clarity from the SEC on staking services.
North Carolina House Approves Crypto Investment Bill
Reading Time: < 1 minuteNorth Carolina’s House of Representatives has approved a bill permitting the state treasurer to invest up to 5% of public funds in approved cryptocurrencies.
Galaxy Digital Plans to List on Nasdaq
Reading Time: < 1 minuteGalaxy Digital is preparing to transition to the US-based Nasdaq on May 16, pending approval at its upcoming shareholders’ meeting.
SEC Delays its Decision on XRP ETF
Reading Time: < 1 minuteThe SEC has postponed its decision on the XRP Spot ETF until June 17, dampening bullish market expectations.
SEC Drops Case Against PayPal’s Stablecoin
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has concluded its investigation into PayPal’s PYUSD stablecoin without pursuing any enforcement actions.
Australia’s Watchdog to Crack Down on Inactive Crypto Exchanges
Reading Time: < 1 minuteAustralia’s financial intelligence agency has advised inactive registered crypto exchanges to withdraw their registrations or face cancellation, due to concerns these dormant firms could facilitate scams.
Arizona Passes First State Bitcoin Reserve Bills
Reading Time: < 1 minuteArizona lawmakers have approved two groundbreaking bills today, potentially making the state the first in the nation to establish a Bitcoin reserve.
Mastercard to Launch a Card With OKX
Reading Time: < 1 minuteMastercard is deepening its involvement in the digital asset economy by launching global capabilities to support stablecoin payments across its extensive merchant network, the company announced Monday.
Abu Dhabi Launches New Dirham-backed Stablecoin Project
Reading Time: < 1 minuteAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank have announced plans to introduce a dirham-backed stablecoin.
World Liberty Financial Teams Up with Pakistan Crypto Council
Reading Time: < 1 minuteWorld Liberty Financial has entered into a strategic partnership with Pakistan’s leading digital asset organization to accelerate blockchain adoption in one of the world’s fastest-growing crypto markets.
Coinbase Submits Request to Allow SEC Staff to Hold Digital Assets
Reading Time: < 1 minutePaul Grewal, Coinbase’s Chief Legal Officer, publicly criticized the SEC’s controversial policy prohibiting staff from holding or using digital assets in a April 25, 2025 tweet that sparked immediate market reaction.
Nike Faces $5M Lawsuit Over NFT Platform Shutdown
Reading Time: < 1 minuteNike is confronting a proposed class-action lawsuit alleging the company orchestrated a “rug pull” by abruptly shutting down its NFT platform, RTFKT, earlier this year.
SEC Delays its Decision on HBAR and Polkadot ETFs
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has extended its timeline for deciding on proposed exchange-traded funds (ETFs) related to Polkadot (DOT) and Hedera (HBAR).
Fed Drops its Crypto Guidance for Banks
Reading Time: < 1 minuteThe Federal Reserve Board announced on Thursday that it is withdrawing guidance related to banks’ activities in crypto-assets and dollar tokens, along with revising its expectations for these activities.
Bitcoin Supply on Crypto Exchanges is Falling: Fidelity
Reading Time: < 1 minuteBitcoin reserves on cryptocurrency exchanges have fallen to their lowest in over six years. Publicly traded companies have increased their accumulation of the digital asset following the US presidential election.
Russia Considering Launch of a Crypto Exchange
Reading Time: < 1 minuteThe Finance Ministry and Central Bank of Russia are set to launch a crypto exchange for highly qualified investors, Finance Minister Anton Siluanov announced during a ministry board meeting.

























