Robinhood will acquire WonderFi in an all-cash deal worth $179 million. The deal values WonderFi shares at C$0.36, a 41% premium over the last closing price. Robinhood has announced a $179 million all-cash deal to acquire Canadian crypto firm WonderFi, accelerating its international expansion. The agreement values WonderFi shares at C$0.36 each, representing a 41% … Read more
Crypto and stock trading platform eToro has boosted the size of its initial public offering to $620 million by pricing its shares above its previously suggested range. The platform and its backers sold over 11.92 million shares for $52 each, which are slated to start trading on the Nasdaq Global Select Market on May 14 … Read more
The latest developments in U.S. semiconductor policy have emerged as the Trump administration prepares to overhaul **AI** semiconductor **export control** regulations. Announced on May 14th, this significant policy shift intends to dismantle the controversial framework that previously faced substantial backlash from major corporations including **Nvidia** (NVDA.O) and **Oracle** (ORCL.N). The U.S. **Department of Commerce** confirmed … Read more
Wall Street’s future is barreling toward the blockchain as a top SEC insider champions tokenization, signaling a transformative leap that could revolutionize financial markets forever. Tokenized Wall Street? SEC Insider Signals Massive Blockchain Shakeup Is Coming U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, speaking at the Crypto Task Force’s fourth roundtable in Washington … Read more
Victoria, Seychelles, May 13th, 2025, Chainwire As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX, a powerful new on-chain trading engine. Positioned as a “ticket to the DEX world” for CEX users, MoonX simplifies DeFi access and marks the beginning of BYDFi’s dual-engine strategy. CEX … Read more
The SEC X account hack case is drawing to an end, as US prosecutors have filed their sentencing recommendation against the defendant, Eric Council Jr. In response, Council has objected to the recommendation, appealing for a lower sentence after having made a guilty plea. Prosecutors Recommend 2-Year Sentence For SEC X Account Hack A court … Read more
The broader crypto market is experiencing a unique trend shift, likely to fuel a dragback in the XRP price. On the XRP/USDT daily chart, the Bollinger Bands are visibly dilated, setting the coin up for a possible reversal in the short term. At press time, CoinMarketCap data pegs the price of XRP at $2.52, down … Read more
A Colorado-incorporated firm has been linked to a Chinese illicit marketplace that has served scammers in Southeast Asia and has been used to channel billions of dollars worth of crypto. The marketplace, called Xinbi Guarantee, has received $8.4 billion, primarily in Tether (USDT) stablecoin transactions to date, blockchain security firm Elliptic reported on May 13. … Read more
BlockDAG’s X1 Mining Is Transforming Mobile Mining, 20 BDAG Daily With No Rig or Tech Barriers Crypto mining is getting easier and more accessible. BlockDAG’s X1 mobile app now allows users to earn BDAG coins straight from their phones. There’s no need for mining rigs or extra equipment. The app is live on Android and … Read more
On May 13, Ross Ulbricht, the creator of the Silk Road marketplace, revealed his departure from Arizona, setting off on an undisclosed journey. In a striking move, Ulbricht disclosed plans to auction off select personal belongings—artifacts from his life before incarceration and mementos from his years behind bars. Turning the Page Ulbricht, who was fully … Read more