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…
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
Robinhood Markets, a prominent retail trading platform, announced its intention on May 7 to challenge the US Securities and Exchange Commission (SEC) in court following allegations of securities violations. The…
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the…
Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview on May 7, asserting that it’s not an…
Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
The notorious Poloniex hacker responsible for last year’s security breach on the cryptocurrency exchange is on the move again. The thief transferred 1,100 Ethereum (ETH), valued at $3.4 million, to…
Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week. Per a report from Infobae…