Rep. Maxine Waters criticized Donald Trump’s involvement in various cryptocurrency ventures during a recent U.S. House Financial Services Committee hearing, accusing him of enriching himself at the expense of investors and the public. On April 9, Waters, a Democratic congresswoman and committee member, raised concerns about Trump’s crypto projects, stating that his personal wealth had … Read more
A U.S. District Court in Nevada has granted Kalshi, a crypto-based prediction market, a preliminary injunction, temporarily halting the state’s efforts to block its operations. The ruling, issued by Judge Andrew P. Gordon on Tuesday, allows Kalshi to continue offering sports event contracts in Nevada while its legal challenge against the state proceeds. According to … Read more
Binance, a major cryptocurrency exchange, has concluded its first community-driven “Vote to Delist” process, resulting in the removal of 14 crypto tokens from the platform, marking a significant shift towards user-influenced oversight. Binance confirmed on April 8 that the initial round of voting had resulted in the selection of these 14 tokens for full removal … Read more
Cybersecurity firm Kaspersky has uncovered a malicious campaign where hackers embed malware within fake Microsoft Office add-ins distributed on the software hosting site SourceForge, aiming to steal cryptocurrency from unsuspecting users. One of the malicious listings, called “officepackage,” includes real Microsoft Office add-ins but conceals a malware known as ClipBanker. This malware replaces a copied … Read more
Apollo is doubling down on its push into real-world assets with a strategic investment in Plume, a platform specializing in real-world assets (RWAs) integrated with decentralized finance (DeFi) technology. Apollo made a seven-figure investment in Plume, although the exact amount was not disclosed. This investment follows Plume’s $20 million Series A funding round announced at … Read more
The U.S. Department of Justice (DoJ) has disbanded its cryptocurrency enforcement unit, marking a significant development in the regulatory landscape for the crypto sector. The decision was announced by Deputy Attorney General Todd Blanche in a memo to employees on April 7, stating that “The Market Integrity and Major Frauds Unit shall cease cryptocurrency enforcement … Read more
Treasure DAO, once focused on gaming, is undergoing significant operational cuts due to severe financial difficulties, marking a major shift in its business strategy. Treasure DAO has shut down its gaming publishing platform and entire blockchain, accompanied by a round of layoffs that have seen at least 15 staff members leave or be laid off, … Read more
Galaxy is poised to list on a major US stock exchange, marking a significant development for crypto companies seeking access to the US market, after the SEC “declared effective” its registration statement. The US Securities and Exchange Commission’s (SEC) declaration allows Galaxy to move forward with its plans to list on the Nasdaq Global Select … Read more
PancakeSwap’s new Tokenomics v3 proposal promises “true ownership, simplified governance and sustainable growth” by overhauling the platform’s incentive and governance mechanisms. The proposal seeks to deprecate the current veCAKE model, shifting towards direct emissions management and implementing a maximum one-year token lock period. Central to this shift is the aim to boost capital efficiency and … Read more
US-based startup Axal is developing automated crypto trading tools powered by AI agents, targeting non-technical users interested in crypto but not experienced traders or DeFi experts. Axal’s first product, Autopilot, enables users to automate crypto and stablecoin trades by setting preferences such as risk tolerance and other restrictions. The tool is designed for ease of … Read more