Crypto

AUSTRAC has fined Melbourne-based crypto exchange Cointree A$75,120 for submitting suspicious matter reports late, saying the delay has hindered investigators tracing criminal funds. The case reflects Australia’s drive to shutter inactive exchanges and reinforce anti-money-laundering controls. The post AUSTRAC Slaps Cointree with $48K Fine for Late SMRs – Who’s Next? appeared first on Cryptonews.

The woman, identified only as “A,” was convicted on May 15 of embezzlement and fraud for stealing $488,000, 683 million won, in crypto.

Bitcoin is making traders wait even longer for a move out of its current range — but not everyone thinks that new all-time highs are a sure bet next. Key points: Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. Price discovery is keenly awaited, but downside predictions include levels further toward $90,000. Read more

Banks are rapidly pivoting away from past practices of shunning crypto businesses to consider upgrading their payments infrastructure using stablecoins, eyeing them as the next frontier for payment innovation. Opinion by: Megan Knab, CEO, Franklin Payroll There are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will all have war stories about finding, applying for and maintaining bank accounts.  Over the past three years, over half of debanking complaints have been lodged against four American banks — Bank of America, JPMorgan, Wells Fargo and Citibank. Now, as the policies that discriminated against the crypto industry, like “Operation Chokepoint 2.0” and the recision of controversial accounting rule SAB 121, have been repealed, a new openness to blockchain technology from the finance sector is possible.  Read more

As investors look for the next major AI-driven token, Nexchain (NEX) seems to be frequently referenced with Bittensor’s TAO. While Bittensor gained news for pioneering decentralized AI networks, Nexchain provides a fully functional Layer-1 infrastructure powered by artificial intelligence. With TAO lately withdrawing from critical support, some experienced traders are moving to presale cryptocurrency alternatives […]

Fidelity Director of Global Macro Jurrien Timmer today highlighted that Bitcoin reclaiming the $100,000 level this week coincides with a convergence of its 52-week Sharpe ratio with gold. Timmer said, After a strong run by gold, perhaps the baton is being passed again to Bitcoin, with Bitcoin back above $100k and the two Sharpe Ratios […] The post Fidelity macro director recommends 4:1 Gold, Bitcoin store of value holdings appeared first on CryptoSlate.

Galaxy Digital shares started trading on Nasdaq today, but the listing will have to jostle for the crypto sphere's attention.

The country’s first deputy chairman of its committee on finance told local media he plans to submit a new bill “in the near future."

The Blade and Foundation screenwriter is turning to blockchain and AI to build a community-driven sci-fi franchise, backed by Web3 startup Story Protocol.

With Tether stepping back and BitGo stepping up, MiCA’s rollout is already redrawing crypto’s playing field in Europe. Here’s what’s happening, and what comes next. The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But as implementation begins, cracks are already showing. In this week’s episode of Byte-Sized Insight, we explore the key provisions of MiCA now in force, particularly around stablecoins, and why some of the largest players in the market are refusing to comply. As of January 2025, crypto asset service providers (CASPs) began acquiring licenses to operate legally within the EU. A transitional or “grandfathering” period allows existing firms up to 18 months, depending on the member state, to comply. Still, with deadlines approaching, firms are being forced to act quickly. Read more

[PRESS RELEASE – San Francisco, California, May 16th, 2025] Hawkins Was Instrumental in Strategy, Marketing & Communications That Helped Drive Global Adoption of the USDC Stablecoin, Will Play Central Role at Aleo in Shaping Privacy and Security, Pioneering Voice and Policy Engagements The Aleo Network Foundation (Aleo), the leading platform for building private, secure, scalable, […]

A recent spate of violent attacks on crypto investors has authorities concerned about public safety. As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders. Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5 wrench” attacks on crypto holders in 2025 alone. The moniker comes from the crude and violent methods perpetrators use to compel crypto holders to hand over their bags.  In many cases, local law enforcement can intervene before anyone is harmed and funds are lost. But there is a growing trend of increasingly violent and successful attacks, some of which have resulted in permanent harm and even death. Read more

Chief legal officer Stuart Alderoty said "procedural concerns" are at the heart of a court's denial of a joint motion by Ripple and the US Securities and Exchange Commission to settle the regulator's case against it. Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win. Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC motion seeking an indicative ruling on their proposed settlement, according to a filing on May 15. Ripple’s chief legal officer, Stuart Alderoty, said the rejection does not reverse the company’s victory in the case. The company announced the end of the lawsuit on March 19. Read more

Open-source protocol Shutter Network has proposed implementing a threshold-encrypted mempool on BNB Chain to eliminate Maximal Extractable Value (MEV) activity, such as front-running and sandwich attacks, and add a layer of real-time censorship resistance. The post Ending Sandwich Attacks on BNB Chain: Shutter Network Proposes Encrypted Mempool Solution appeared first on Cryptonews.

Can XRP create generational wealth?

Shares of AsiaStrategy, formerly the luxury watchmaker Top Win, surged over 60% in premarket after announcing a Bitcoin treasury strategy in partnership with Sora Ventures. Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said it is partnering with Sora Ventures to adopt a Bitcoin (BTC) treasury strategy. Sora previously partnered with Metaplanet in 2024 to create Japan’s first corporate Bitcoin treasury. The stock market took immediate notice of the announcement. Top Win stock closed the trading day at $7.50 on May 15, but traded at $12.12 in premarket at the time of writing — a jump of over 60%. Read more

Coinsilium raised £1.25 million to help establish the BTC treasury, amid record trading volume.

Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts. Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times. To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX  explores Sonic's technological background, its new tokenomics model and the innovations it brings to DeFi.   Download a full version of the report for free here Read more

A growing number of financial institutions are turning to stablecoins, with 90% either actively using or preparing to integrate them into their operations. The post 90% of Institutions Now Using or Exploring Stablecoins, Fireblocks Finds appeared first on Cryptonews.

Bitcoin holds above $103K as JPMorgan turns bullish, saying BTC could outperform gold. Can institutional flows drive BTC to $120K this year? The post Bitcoin Price Prediction: Can BTC Reach $120k As JP Morgan Turns Bullish, Says BTC Is Better Than Gold? appeared first on Cryptonews.