Starting Aug. 1, offering or advertising unlicensed stablecoins to retail investors in Hong Kong could get violators a 50,000 Hong Kong dollar fine and six months in jail.
XRP dump: Ripple co-founder under fire for moving $175M XRP near highs
Ripple’s Chris Larsen shifted 50 million XRP to exchanges just as prices peaked, sparking accusations of “dumping” tokens.
Australian fintech Finder wins court battle over crypto yield product
Australia’s Federal Court ruled Finder’s Earn product is not a financial instrument, defeating ASIC’s appeal in a major win for the country’s fintech sector.
Bitcoin due 'massive short squeeze' as BTC dominance bounces to 62%
Bitcoin exchange order-book liquidity is creating the conditions for a giant short squeeze event as traders bet against BTC price upside.
Amended class action calls Pump.fun a ‘slot machine cabinet’ in $5.5B case
An amended lawsuit accused Pump.fun and key Solana partners of operating an unlicensed digital casino that funneled billions through deceptive memecoin schemes.
Golden visas are shrinking for crypto investors
Wealthy crypto investors are attracted to golden visa programs thanks to their residency and tax benefits, but their list of options is getting shorter.
US Ethereum ETFs celebrate 1 year with bullish inflow streak
Spot Ether ETFs went live on the US market one year ago, have taken in nearly $8.7 million in net inflows, and now wield over $16.5 billion in assets.
Bros who tricked MEV bots with their own medicine must face trial, says judge
A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud.
Solana block capacity is up 20% and there’s a proposal for it to go even higher
Solana isn’t the only network upgrading its block capacity; Ethereum’s gas limit increased to just under 45 million units as of Tuesday.
Ether stumbles as ETH validator exit queue hits 18-month high
The Ethereum validator exit queue is at its longest in nearly two years as $2.3 billion worth of Ether now awaits unstaking. Is it profit taking or repositioning?