CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

CoinShares’ revenue, gains and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year.

CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

European asset manager CoinShares posted a record performance in the first quarter of 2024, driven by a recovery in markets since the debut of Bitcoin exchange-traded funds (ETFs). The...

4 months ago

Antonio Juliano steps down as CEO of dYdX

The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.

Antonio Juliano steps down as CEO of dYdX

The founder of the decentralized exchange dYdX is stepping down as CEO after seven years of heading the crypto derivatives platform. In a May 13 blog post, Antonio Juliano announced hi...

4 months ago

Reports of ‘bleached’ counterfeit bills crop up across North America

Dodgy dollars are appearing everywhere, from Texas to Hawaii to Canada, as fiat counterfeiting is seemingly making a comeback.

Reports of ‘bleached’ counterfeit bills crop up across North America

Fake United States dollars are appearing in greater numbers across North America in recent weeks, from Texas to Hawaii to Canada. On May 8, a report revealed that police...

4 months ago

North Korean hackers deploy ‘Durian’ malware, targeting crypto firms

The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms.

North Korean hackers deploy ‘Durian’ malware, targeting crypto firms

North Korean hackers are reportedly utilizing a “striking” new malware variant dubbed “Durian” to launch attacks on South Korean crypto firms. The North Korean ...

4 months ago

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The U.S. House of Representatives has voted to overturn controversial SEC guidance blocking banks from custodying crypto assets.

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The United States House of Representatives has voted to pass a bill overturning controversial Securities and Exchange Commission (SEC) guidance preventing banks from owning crypto.  ...

4 months ago

Hong Kong father-son surrender in $2m crypto investor kidnapping case

Hong Kong father and son surrender in crypto investor abduction, exposing the city’s violent crime wave and a $1.9 million financial dispute.

Hong Kong father-son surrender in $2m crypto investor kidnapping case

A Hong Kong businessman and his son surrendered to police due to their involvement in the kidnapping of a crypto investor, the South China Morning Post has learned, citi...

4 months ago

Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million

Attacker Expressed Willingness To Negotiate

Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million

An attacker involved in a $68 million address poisoning scam has exhibited a gesture of goodwill by returning $153,000 worth of Ether to the victim. The address-poisoning attack initia...

4 months ago

Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency

Tether Slams Deutsche Bank’s Stablecoin Warning

Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency

In a latest response, Tether, the world’s largest stablecoin, has vehemently criticized Deutsche Bank’s statement, which questioned the sustainability of stablecoins and Tether&rsquo...

4 months ago

Arch Labs $7 Million to Develop Bitcoin-Native Application Platform

Bridgeless Bitcoin-Native Network

Arch Labs $7 Million to Develop Bitcoin-Native Application Platform

The company planned to utilize this fund to advance Arch’s development of decentralized finance (DeFi) applications directly on the Bitcoin blockchain, bypassing the need for sec...

4 months ago

Tether scales crypto payments in Eastern Europe with new investment

The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.

Tether scales crypto payments in Eastern Europe with new investment

Stablecoin giant Tether is increasing its bets on cryptocurrency adoption in Eastern Europe with additional investment in the Georgia-based crypto payment provider CityPay.io.  Te...

4 months ago

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