The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users in filings until 2023, began under the Biden administration and continues under President Trump’s SEC, … Read more
Silver prices climb after testing support near $31.90. Price action remains range-bound with key levels in focus. The potential harami candle on the weekly chart highlights market indecision and softening bearish momentum. Silver prices are recovering from earlier lows, supported by renewed demand at technical support levels. At the time of writing, XAG/USD is up … Read more
Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15. The Singaporean company clocked an operating loss of $3.2 million for the quarter, down from a $34.1 million profit during the same period last year, its earnings release said. … Read more
JPMorgan Chase CEO Jamie Dimon said a recession was still possible in the country. The CEO cautioned of a recession a week after the U.S. inked a trade agreement with China in Geneva, Switzerland. Dimon said the recent rollback of tariffs between the U.S. and China was the right thing to do. During an interview … Read more
More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds. In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible under the exchange’s reorganization plan. Starting on … Read more
A presale refers to an early sale of tokens before they are listed on public exchanges. Crypto presales allow blockchain projects and NFTs to offer their tokens to investors before they are launched to the public at very discounted rates. Presales help projects attain funding before token listings and pay for audits, marketing, infrastructure, and … Read more
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s reorganization plan, will pay creditors across multiple claim classes. Class … Read more
Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation. In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped … Read more
This content is provided by a sponsor. Lightchain Protocol AI, a cutting-edge Layer-1 blockchain built to power decentralized artificial intelligence, has officially launched its Developer Grant Program, calling on seasoned developers, innovative startups, and ecosystem builders to join its rapidly growing ecosystem. The initiative aims to attract talent from across the Web3 space by offering … Read more
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