Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect. In a Tuesday announcement, the exchange informed its users that new signups and advertisement postings for Monero trades would be disabled immediately. Furthermore, starting from May 14, the
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement shared with CryptoNews, London-based Wintermute said it is providing liquidity to two Hong Kong licensed digital asset
FTX Creditors Set for Cash Windfall Beyond 100% of Claims
A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. This unexpected windfall is possible because FTX said
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was set to rule on several spot ETH ETFs. The notice of
South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal. Five men appeared at the Incheon District Court on May 7, all accused of crypto-related theft and fraud,
Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know
The Solana (SOL) price is pulling lower on Tuesday, dipping back to $150 having pushed nearly as high as $160 earlier in the day, though traders continue to predict big near-term upside for the token. Solana succumbed to sell pressure on
Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week. Per a report from Infobae (via La Nueva Radio Suarez), Blania has recently met with several
Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
The notorious Poloniex hacker responsible for last year’s security breach on the cryptocurrency exchange is on the move again. The thief transferred 1,100 Ethereum (ETH), valued at $3.4 million, to the sanctioned crypto mixer Tornado Cash on May 7 in
Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview on May 7, asserting that it’s not an undue focus but rather a response to the prevalence of
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the Securities and Exchange Commission (SEC), Susquehanna International Group, LLP (SIG)