BitGo’s MiCA license allows it to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU. Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union. Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo...Continue Reading

The decentralized exchange has hit a total volume milestone, but TVL remains about half of what it was in 2021. Decentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number.  Uniswap founder Hayden Adams noted the achievement in an X post on May 12,...Continue Reading

The total value locked in DeFi lending protocols has risen to new heights this bull cycle while DEXs have lagged in comparison. A crypto VC explains why. Crypto users could be looking for a more sustainable yield this cycle, as total value locked in decentralized finance (DeFi) lending continues to hit new highs while decentralized...Continue Reading

The teenage trio allegedly told the victim they “had his dad and would kill him” if he didn’t fork over the passwords to his accounts. Three teenagers have been accused of kidnapping a man at gunpoint after he was returning from a crypto event in Las Vegas, before driving him an hour outside of the...Continue Reading

Federal prosecutors have denied claims that they suppressed advice that the crypto mixer didn’t need a license. US federal prosecutors have rebutted claims they suppressed evidence in their case against the co-founders of the crypto mixing service Samourai Wallet, arguing their disclosure of a conversation with Treasury Department staff was made within the required timeframes. ...Continue Reading

Japanese investment firm Metaplanet now holds 6,796 Bitcoin, currently worth more than $700 million. Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador.  “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting...Continue Reading

The Senate for the US Pacific territory of the Northern Mariana Islands has overridden a governor’s veto of a stablecoin bill, which will now head for a House vote. Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate...Continue Reading

If the trade uncertainty was driving Bitcoin momentum, it should stop outperforming once a trade deal is announced, says an analyst. Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed...Continue Reading

With increasing government oversight, some crypto users may be forced to look for censorship-resistant stablecoins in the future. Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry.  Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending,...Continue Reading

An unknown attacker hacked into a moderator’s account and used a bot to share phishing links and steal user funds. Hardware wallet provider Ledger has confirmed its Discord server is secure again after an attacker compromised a moderator’s account to post scam links on May 11 to trick users into revealing their seed phrases on...Continue Reading