Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect. In a Tuesday announcement, the exchange informed its users that new signups and advertisement postings…
Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong
Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday. LD Capital…
HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability
The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to set industry standards for wholesale CBDC interoperability. The group also aims to facilitate tokenized asset…
Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?
Bitcoin Price Prediction Bitcoin (BTC/USD) currently displays a potential bullish outlook, trading at $62,901, reflecting an increase of around 1%. This observation aligns with Fidelity Investments’ analysis that similar patterns…
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was…
FTX Creditors Set for Cash Windfall Beyond 100% of Claims
A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top…
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement shared with CryptoNews, London-based Wintermute said…
South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal. Five men appeared at the Incheon District…
Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program
The Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation. The new Seed Grants Programme will…
Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading…