What crypto hacks? North Korea denies “unfounded” allegations. Upbit’s official bank partner to trial remittances with Ripple. Asia Express.Continue Reading

World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others. World Liberty Financial filed a defamation lawsuit against Tron founder Justin Sun in Florida, escalating a legal fight between the Trump family-linked crypto platform and one of its largest...Continue Reading

With $114 trillion in custodied liquid assets, Depository Trust & Clearing Corporation looks to position tokenization as future of existing financial system. The Depository Trust & Clearing Corporation (DTCC) plans to pilot trading of tokenized securities in July with a goal of a full service launch in October. The post-trade market infrastructure giant said Monday...Continue Reading

Crypto markets turned euphoric as BTC traded above $80,000, but a rally through short-term holders’ cost basis is needed to cement the bull trend. Bitcoin (BTC) reached a new three-month high of $80,500 on Monday, testing the level for the first time since Jan. 31. The rally above $80,000 puts the price just below short-term...Continue Reading

Tether’s XAUt tops $3.3 billion as gold reserves reach 154 tons, with demand rising amid geopolitical tensions and shifting expectations for Federal Reserve policy. Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead of the Iran war. In its...Continue Reading

Bitcoin has broken above the $79,500 level, backed by solid buying by institutional investors. Will the altcoins also follow? Key points: Bitcoin (BTC) opened the new week with a rally above $80,500, suggesting the bulls are attempting to take charge. Analysts are closely watching the $80,000 level, as some believe a failure to close above...Continue Reading

Bitcoin faced new volatility and a new struggle to reclaim $80,000 as Iran events added pressure to crypto and risk assets. Bitcoin (BTC) saw volatility at Monday’s Wall Street open as fresh US-Iran war events sparked instability. Key points: Read moreContinue Reading

Institutional investors are entering prediction markets as block trades, custom contracts and US regulatory shifts reshape a sector still dominated by retail users. Prediction markets are evolving from retail speculation platforms into institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes, according to a May 4 report by Bernstein....Continue Reading

Ethereum investors are no longer in the red, increasing the chances of a rally to $3,000, but resistance at $2,800 may delay recovery. Ether’s (ETH) surge to $2,390 on Monday pushed its value above its realized price, implying that the average holder of ETH is now back in profit. But is this enough for the...Continue Reading

K Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing. K Wave Media, a Nasdaq-listed media and entertainment company, said it is redirecting up to $485 million in remaining financing capacity from a Bitcoin treasury strategy into an...Continue Reading