Thai traders got their first taste of tokenized bullion on May 13 when Tether, the issuer of the largest stablecoin, USDT, unveiled its gold-backed token, Tether Gold (XAU₮), on Maxbit. The listing marks a step forward for the Thai market, making Maxbit the first exchange in the country to offer direct access to tokenized physical […]
Tether’s $770M Gold-Backed Token XAU₮ Debuts On Thai Exchange Maxbit Read More »
The official X accounts of the Ethereum scaling solution ZKsync and its developer, Matter Labs, were compromised in an attack that combined market manipulation tactics with phishing attempts. The hackers published fake regulatory warnings and malicious airdrop links in what appears to be a deliberate attempt to crash the ZK token price. This hack is
Hong Kong’s Animoca Brands has plans to list in New York, citing a “unique moment” to tap the world’s largest capital market under the current US regulatory environment. Yat Siu, the firm’s executive chair, told the Financial Times that an announcement could come soon, and that Animoca is examining several shareholding structures. He added that
Hong Kong’s Animoca Brands Eyes New York IPO on Regulatory Tailwind: Report Read More »
Coinbase shares jumped more than 10% in after-hours trading on Monday following confirmation that the exchange will join the S&P 500 Index next week. S&P Dow Jones Indices said Coinbase will replace Discover Financial Services ahead of trading on May 19. The milestone comes as Coinbase marks over three years since its direct listing on
Coinbase Stock Soars Over 10% on Imminent S&P 500 Debut Read More »
Strategy has acquired nearly 14,000 Bitcoin in its latest buy-up of the cryptocurrency, trusting Michael Saylor’s vision even as prices flicker after the tariff truce. The purchase, which was announced by Saylor on Monday, pushes Strategy’s stash past half a million coins, daring regulators and markets alike. Strategy Continues Dramatic Bitcoin Acquisition According to a
Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility Read More »
Key Takeaways: BitGo now competes directly with EU’s top crypto custodians. Europe hosts twice as many crypto banks as North America. US crypto banking stalls despite political support. Germany’s top financial watchdog, BaFin (the Federal Financial Supervisory Authority), approved a Markets in Crypto-Assets (MiCA) license for BitGo on May 12, unlocking crypto services across all
BitGo Wins EU MiCA License – Can It Outrun Europe’s Top Crypto Custodians? Read More »
$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for
Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push Read More »
Privacy-preserving clearing protocol Cycles has announced the first clearing application built on it, Cycles Prime, as well as a pre-seed round. Cycles is a privacy-preserving clearing protocol developed by Informal Systems, a system software company offering security audits, protocol design, and formal methods for blockchain applications and infrastructure. Its CEO is Ethan Buchman, a co-founder
Cosmos Co-Founder Ethan Buchman’s Cycles Launches Clearing App, Raises Pre-Seed Round Read More »
Crypto hardware wallet provider Ledger has confirmed its Discord server is secure following a targeted phishing attack on May 11. The breach occurred after an attacker gained access to the account of a contracted community moderator. Using that access, the attacker deployed a bot that posted scam links designed to trick users into revealing their
Ledger Recovers Discord Server After Phishing Scam Hits Moderator Read More »
Ethereum staking protocol Lido moved over the weekend to neutralize a threat after one of its oracle keys, managed by validator operator Chorus One, was compromised. Although 1.46 ETH ($3,675) was drained from a hot wallet used for oracle voting, Lido confirmed that the protocol remains secure and fully operational. The breach came to light
Lido Says Funds Safe After Oracle Incident Triggers Emergency Response Read More »
