An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities and Investments Commission (ASIC) has announced that it will seek special leave … Read more
Indiana Pacers forward Pascal Siakam (43) puts up a shot against New York Knicks forward OG Anunoby … More (8) during the third quarter of Game 1 of the NBA basketball Eastern Conference final, Wednesday, May 21, 2025, in New York. (AP Photo/Adam Hunger) Copyright 2025 The Associated Press. All rights reserved. In what was … Read more
Fintech Sonic, the first Solana Virtual Machine (SVM) chain extension built on the Solana blockchain, has officially launched its Validator Program, a significant step toward full decentralization. The program debuts with support from key Web3 infrastructure players, including Restake, Stakin, and Solana-native project Adrastea. This move establishes a new foundation for Sonic’s growing ecosystem of … Read more
This content is provided by a sponsor. PRESS RELEASE. NEW YORK – May 22, 2025 – Turnkey, the secure, flexible, and scalable wallet infrastructure provider for digital asset operations, today announced full compatibility between its policy engine and the TRON blockchain. This integration equips fintech and payment providers with the tools needed to confidently build … Read more
The US Dollar (USD) managed to reverse part of its recent multi-day pullback on Thursday as investors assessed the stronger-than-expected US business activity readings and the US fiscal front, particularly after President Trump’s sweeping tax bill cleared the House of Representatives. Here’s what to watch on Friday, May 23: The US Dollar Index (DXY) partially … Read more
Bitcoin ETFs raked in $609 million on Tuesday, marking their sixth consecutive day of inflows and pushing daily volume to an all-time high. Ether ETFs also maintained the momentum, notching a fourth straight day in the green with a modest $587,000 net inflow. Bitcoin ETF Surge Drives Daily Volume to $7.5 Billion Momentum isn’t just … Read more
As the cryptocurrency market continues to heat up globally, more and more users are turning to cloud mining—a hassle-free way to mine cryptocurrencies without purchasing expensive hardware. In the United States, especially, cloud mining services have become an ideal low-barrier entry point for anyone interested in Bitcoin mining. But which platforms are truly trusted, legit, … Read more
Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen. According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The … Read more
Bitcoin futures and options markets have shattered records this week, with open interest surging to unprecedented levels as traders amplify bullish bets—including speculative calls for prices to hit $300,000. Traders Flood Bitcoin Derivatives as Futures, Options Volumes Shatter Records The total open interest in bitcoin futures reached an all-time high of $80.73 billion, representing 723,990 … Read more
Two new fiat-backed stablecoins, EURØP and USDB, have launched on the XRP Ledger (XRPL). Their arrival follows the U.S. Senate’s advancement of the GENIUS Act, a bill focused on stablecoin regulation. Both digital assets aim to provide compliant, cross-border transaction solutions at a time of increasing scrutiny and regulatory clarity. MiCA-Compliant EURØP Introduced by Schuman … Read more