Cryptocurrency

How did the IoTeX token safe incident impact IOTX price?

The price of IoTeX’s native token, IOTX, dropped sharply after suspicious activity was uncovered in one of the project’s token safes. Data from CoinGecko indicated an almost 10% decline, coinciding with reports of a potential security compromise involving the blockchain…

Cryptocurrency

How did ProShares GENIUS Money Market ETF hit $17 billion?

A new exchange-traded fund from ProShares has set a milestone in the ETF market, drawing intense attention from both traditional finance and crypto-focused investors. The ProShares GENIUS Money Market ETF, trading on the NYSE under the ticker IQMM, generated $17…

Cryptocurrency

Will CME Group crypto futures trade all day from May 29?

CME Group is preparing to expand its presence in digital asset derivatives by introducing round-the-clock crypto futures trading on its CME Globex platform. The move, set to begin on May 29, comes as the exchange reports rapid growth in cryptocurrency futures…

Cryptocurrency

What did the Goldman Sachs CEO say about crypto regulation?

Goldman Sachs CEO David Solomon has aligned himself with senior U.S. officials calling for a clear regulatory framework for digital assets, criticizing crypto executives who resist pending legislation in Congress. Speaking at a crypto-focused event in Florida, Solomon backed efforts…

Cryptocurrency

Sui price slide contrasts with launch of new US Sui ETFs

The first exchange-traded funds tied to SUI have begun trading in the United States, marking a new stage of institutional access for the layer-1 blockchain. Fund managers Canary Capital and Grayscale have each brought products to market that track the network’s native…

Cryptocurrency

US crypto owners anxious amid New IRS tax rules changes

New IRS tax rules targeting digital asset transactions are unsettling many U.S. crypto investors. A recent survey of 1,000 American holders of digital assets found that more than half worry they could be hit with an IRS tax penalty this…

Cryptocurrency

Can TON foundation and Banxa speed APAC stablecoin payments?

The TON foundation has entered a partnership with crypto payments provider Banxa to introduce stablecoin payment processing for small and medium-sized enterprises across the Asia-Pacific region. The move links Banxa’s existing fiat-to-crypto infrastructure with The Open Network (TON) blockchain, with a focus on business…

Cryptocurrency

Harvard trims Bitcoin ETF stake and adds first ether holding

Harvard Management Company adjusted its digital asset exposure in the fourth quarter, cutting its bitcoin exchange-traded fund position while initiating a new stake in an ether ETF. The latest regulatory filing shows the Harvard endowment held a combined $352.6 million…

Cryptocurrency

Crypto ATM regulation bill reaches Virginia governor for signature

Virginia lawmakers have advanced new rules targeting crypto kiosks, placing crypto ATM regulation at the center of a consumer protection effort. The legislation, backed by Delegate Michelle Maldonado, introduces licensing, fee caps, and transaction limits for operators, while seeking to reduce scams that have…

Cryptocurrency

Grayscale moves AAVE trust toward a new spot ETF structure

Grayscale has taken another step in its exchange-traded fund strategy, moving to convert its existing AAVE Trust into a spot ETF that would trade on NYSE Arca. The filing with the U.S. Securities and Exchange Commission (SEC) highlights growing interest…