Crypto News
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Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to…
Two NYPD officers—including one who serves as a security detail for New York City Mayor Eric Adams—have been placed on modified duty as the department investigates their possible connection to the recent crypto kidnapping of an Italian national in Manhattan, reports emerged Thursday. Detective Drove Victim to Kidnap Site, Reports Claim According to reports, both…
Key Takeaways: JD.com’s stablecoin is in Phase 2 of Hong Kong’s sandbox testing. The token is pegged to fiat currencies and built for cross-border and retail transactions. JD Chain CEO Liu Peng warned against unauthorized purchase offers during the test period. JD.com is moving forward with the rollout of its blockchain-based stablecoin, which is currently…
It’s been a blockbuster week in U.S. crypto regulation, as power players in Washington and Wall Street grapple with digital assets, cybersecurity, and political influence. From Trump’s meme coin dinner to the SEC’s stunning reversal on Binance, a new era in crypto regulation may be dawning—and not without controversy. Trump’s Meme Coin Dinner Sparks Transparency…
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South Korean gaming firm Wemade is preparing for a new chapter after a Seoul court rejected its bid to stop the delisting of its cryptocurrency, WEMIX, from major domestic exchanges. On May 30, the Seoul Central District Court dismissed Wemade’s injunction request to block the termination of WEMIX trading support. The decision clears the way…
The XRP price has fallen by 4% today, with the altcoin slipping to $2.20 as the cryptocurrency market as a whole declines by 4.5% in the past 24 hours. XRP is now down by 10% in a week and by 1.5% in a month, although the token retains a very healthy 320% increase in the…
The Bank of Italy on Friday sounded a clear warning about the deepening ties between crypto-assets and the traditional financial system, warning of the risks crypto could pose to financial stability. Governor Fabio Panetta stressed the urgent need for a coordinated and comprehensive regulatory framework for digital assets, especially as they become increasingly integrated into…
A crypto trader has quietly earned over $17 million by consistently betting against one of Hyperliquid’s most-watched figures, James Wynn, whose high-risk strategy backfired with nearly $100 million losses. On May 30, blockchain analysis platform Lookonchain reported that a trader using the wallet address 0x2258 has been tracking Wynn’s activity and executing reverse trades. This…
