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Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain

[May 16 7:14 AM] Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView.

Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re

[May 16 7:00 AM]

USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US

[May 16 6:22 AM] Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and…

Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster

[May 15 11:48 PM] Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.

Robinhood Launches Its First Crypto Staking Product

[May 15 5:11 PM] Robinhood has introduced its first-ever crypto staking product, which will be available to European customers. The company has also launched several other new features for European users. “Robinhood Crypto customers can now stake their solana (SOL)…

Microstrategy Joins MSCI World Index Amid Bitcoin Rally

[May 15 3:20 PM] MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin and other…

Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders

[May 15 3:19 PM] After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsconsin, more investment whales turned out to have been part of the unprecedented success of the ETFs.

Incoming Vanguard CEO Won't Reverse Decision Not to Launch Bitcoin ETF

[May 15 11:26 AM] The former BlackRock executive is replacing outgoing CEO Tim Buckley, effective July 8.

Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources

[May 15 9:43 AM] After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said.

Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin

[May 15 9:17 AM] While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints.

US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions

[May 15 8:36 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced two consecutive days of net inflows on Monday and Tuesday, totaling $166.5 million across both sessions. U.S. Bitcoin ETFs Record 2 Days of Net Inflows The week began positively for U.S…

Data Indexer Subsquid Plans to Launch SQD Token Friday

[May 15 7:47 AM] The decentralized indexing protocol has raised over $17 million lifetime from venture capital firms and community investors.

U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K

[May 15 6:42 AM]

Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators

[May 15 6:30 AM] Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends.

Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears

[May 15 6:23 AM] As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to…

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

[May 15 5:12 AM] Circle recently filed court paperwork to make the move, according to a company spokesperson.

Huobi Hong Kong Withdraws License Application for the Second Time

[May 15 4:18 AM]

Degen Chain Back Online After Two-Day Hiatus

[May 15 3:47 AM] The layer-3 blockchain for meme coins was offline for over 50 hours.

Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds

[May 15 1:51 AM] The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

[May 14 8:45 PM] Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt…

Vanguard, Avowedly Anti-Crypto, Names Bitcoin-Friendly Ex-BlackRock Exec as CEO

[May 14 4:35 PM]

Insider at Solana's Cypher Protocol Admits to Stealing $300K

[May 14 3:13 PM] Core contributor Hoak blamed his actions on a "crippling gambling addiction."

State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF

[May 14 8:47 AM] The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million.

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

[May 14 8:00 AM] The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million.

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

[May 14 7:00 AM] The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

Coinbase Reports System-Wide Outage

[May 13 11:33 PM] The crypto exchange's website is currently unavailable and responds with a 503 error.

Wolverine-Themed Meme Coins Flood Market Following RoaringKitty's Cryptic Post

[May 13 10:03 AM] A series of Wolverine-related meme coins has been minted on several networks after RoaringKitty, the personality behind the Gamestop meme stock frenzy, posted a video of the X-Men character on X.

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

[May 13 8:55 AM] Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT

[May 13 8:53 AM] Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT.

DYdX Founder Antonio Juliano to Step Down as CEO of the Decentralized Exchange; Ivo Crnkovic-Rubsamen Takes Over

[May 13 8:16 AM] Juliano will become chairman and president of dYdX Trading.