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Found 2060 news

  • Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling
    CryptoSlate - 01:00 May 09, 2025
    Bitcoin exchange inflows over the past month have been driven almost entirely by freshly moved supply, with minimal involvement from long-dormant holders. Nearly three-quarters of all daily deposits across major exchanges consisted of coins that had last moved less than 24 hours earlier, pointing to high-frequency repositioning activity rather than strategic distribution. This type of […] The post Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling appeared first on CryptoSlate.
    Tags: Bitcoin
  • Meta exploring stablecoins for cross-border payouts in renewed crypto push
    CryptoSlate - 00:15 May 09, 2025
    Meta is exploring stablecoin-based payment infrastructure in a renewed effort to integrate blockchain technology into its platforms, Fortune reported on May 8, citing people familiar with the matter. According to the report, the tech giant is in preliminary discussions with multiple crypto firms to evaluate stablecoins as a mechanism for managing cross-border payouts. The discussions […] The post Meta exploring stablecoins for cross-border payouts in renewed crypto push appeared first on CryptoSlate.
    Tags: Meta
  • Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down
    CryptoSlate - 23:45 May 08, 2025
    Coinbase reported $2 billion in total revenue for the first quarter, compared to $1.6 billion in the first quarter of 2024. Meanwhile, the exchange posted $66 million in net income, compared to $1.2 billion, including unrealized gains of $737 million, during the same period last year. Coinbase reported $930 million in adjusted EBITDA for the […] The post Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down appeared first on CryptoSlate.
    Tags: Coinbase
  • Reporters find Zerebro founder alive and breathing at parent’s house, confirming suicide was staged
    CryptoSlate - 23:15 May 08, 2025
    Zerebro founder Jeffy Yu was found alive and living at his parents’ house in San Francisco, confirming growing suspicions that the death was staged. Yu, whose livestreamed “suicide” set off a viral cascade of eulogies, a commemorative memecoin launch, and even a digital obituary, was confronted by reporters from the San Francisco Standard on May […] The post Reporters find Zerebro founder alive and breathing at parent’s house, confirming suicide was staged appeared first on CryptoSlate.
    Tags: Reporters Zerebro
  • SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
    CryptoSlate - 22:45 May 08, 2025
    The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen to resolve the Commission’s longstanding civil enforcement action against the company and its executives. In a filing submitted on May 8, the SEC and the defendants jointly requested that the US District Court […] The post SEC files to settle lawsuit with Ripple, execs over civil penalty dispute appeared first on CryptoSlate.
    Tags: Ripple
  • SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience
    CryptoSlate - 22:15 May 08, 2025
    The head of the US Securities and Exchange Commission (SEC) Crypto Task Force, Hester Peirce, said the decade-long process that led to the approval of spot Bitcoin exchange-traded funds (ETFs) was mishandled, and urged crypto market participants to be patient with ongoing regulatory delays. In an interview on Bloomberg’s Trillions podcast, Peirce addressed the slow […] The post SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience appeared first on CryptoSlate.
  • Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
    CryptoSlate - 21:45 May 08, 2025
    Ex-Celsius CEO Alex Mashinsky was sentenced to 12 years in prison on May 8 for orchestrating a scheme that defrauded customers of the crypto lending platform by misrepresenting investment risks and manipulating the price of the company’s token, CEL. As Bloomberg News reported, the sentence was handed down by US District Judge John Koeltl in […] The post Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme appeared first on CryptoSlate.
    Tags: Former Celsius CEO Alex Mashinsky
  • StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom
    CryptoSlate - 20:51 May 08, 2025
    Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than expected, driven by mounting institutional inflows and a global shift in asset allocation. In a May 8 investor note shared with CryptoSlate, Kendrick said he initially projected a $120,000 price target for the […] The post StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom appeared first on CryptoSlate.
    Tags: Bitcoin StanChart
  • GENIUS Act stalls in Senate, lawmakers eye new proposal next week
    CryptoSlate - 19:53 May 08, 2025
    The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a one-vote difference, as 49 Democrat senators denied the motion against 48 favorable votes.  Senate Majority Leader John Thune accused Democrats of using the filibuster for […] The post GENIUS Act stalls in Senate, lawmakers eye new proposal next week appeared first on CryptoSlate.
    Tags: Senate Genius
  • UAE state-owned Emarat partners with Crypto.com to integrate Bitcoin, crypto payments at gas stations
    CryptoSlate - 19:00 May 08, 2025
    Emirates General Petroleum Corporation (Emarat), the UAE’s federal government-owned fuel retailer, has partnered with Crypto.com to introduce crypto payments at fuel stations, marking a first in the Middle East and North Africa. The initial phase enables crypto payments at 10 Emarat stations across Dubai, with plans to expand the service throughout Emarat’s network, according to […] The post UAE state-owned Emarat partners with Crypto.com to integrate Bitcoin, crypto payments at gas stations appeared first on CryptoSlate.
    Tags: Emarat Crypto Bitcoin
  • Stripe unveils AI foundation model for payments and deeper stablecoin integration
    CryptoSlate - 01:00 May 08, 2025
    Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model […] The post Stripe unveils AI foundation model for payments and deeper stablecoin integration appeared first on CryptoSlate.
    Tags: Stripe
  • Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt
    CryptoSlate - 00:00 May 08, 2025
    The US Treasury could experience a surge in demand for government debt from the digital asset sector, potentially reaching $2 trillion over the next several years, according to Treasury Secretary Scott Bessent. Bessent made the statement during a House Financial Services Committee hearing on the global financial system, where he emphasized the growing financial relevance […] The post Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt appeared first on CryptoSlate.
    Tags: Treasury Secretary Scott Bessent
  • Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe
    CryptoSlate - 23:16 May 07, 2025
    Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with […] The post Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe appeared first on CryptoSlate.
    Tags: Solana Arbitrum Europe Robinhood
  • Bitcoin recovers but market still on edge with short-term holders near breakeven
    CryptoSlate - 22:00 May 07, 2025
    Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode. The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price […] The post Bitcoin recovers but market still on edge with short-term holders near breakeven appeared first on CryptoSlate.
    Tags: Bitcoin
  • OCC reaffirms banks’ authority to offer crypto services without prior approval
    CryptoSlate - 21:15 May 07, 2025
    The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance.  The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier […] The post OCC reaffirms banks’ authority to offer crypto services without prior approval appeared first on CryptoSlate.
  • Congressman Torres proposes bill to ban federal officials from trading or owning crypto
    CryptoSlate - 20:37 May 07, 2025
    Representative Ritchie Torres is reportedly preparing to introduce legislation prohibiting federal officials from owning or trading crypto while in office.  The measure seeks to close potential conflicts of interest and expand existing financial ethics rules to include digital assets. The proposed bill would apply to a wide range of public servants, including members of Congress, […] The post Congressman Torres proposes bill to ban federal officials from trading or owning crypto appeared first on CryptoSlate.
    Tags: Congressman Torres
  • ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams
    CryptoSlate - 19:26 May 07, 2025
    Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report […] The post ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams appeared first on CryptoSlate.
    Tags: ZachXBT Coinbase
  • Revolut partners with Lightspark to integrate Bitcoin lightning payments
    CryptoSlate - 18:30 May 07, 2025
    UK fintech giant Revolut has partnered with Lightspark to bring Lightning Network support for Bitcoin (BTC) payments to users in the UK and select European Economic Area countries, the companies announced on May 7. The integration enables near-instant, low-cost Bitcoin transactions for Revolut users by leveraging Lightspark’s enterprise-grade infrastructure. It marks a major milestone for […] The post Revolut partners with Lightspark to integrate Bitcoin lightning payments appeared first on CryptoSlate.
    Tags: Revolut Bitcoin Lightspark
  • Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury
    CryptoSlate - 17:00 May 07, 2025
    Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first […] The post Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury appeared first on CryptoSlate.
    Tags: Bitcoin NASDAQ-listed Vivek Ramaswamy Strive
  • MoonPay Enters Strategic Collaboration with TRON
    CryptoSlate - 16:13 May 07, 2025
    Geneva, Switzerland, May 7, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced a strategic collaboration with MoonPay, the global leader in crypto payments. The first phase of the collaboration enables users across the United States to purchase TRX, the […] The post MoonPay Enters Strategic Collaboration with TRON appeared first on CryptoSlate.
    Tags: MoonPay Enters Strategic Collaboration Tron

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