Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021.The planned deal was the largest-ever crypto merger at…

Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps.In a Friday post…

Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure.The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies…

The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates.The transaction…

The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters.The pushback came in response to a policy paper…

Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says.Key points:Bitcoin has trended up for 90 days within its bear market — something that has never happened before.Analysis thus sees price as being…

The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange.The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF…

Polymarket confirmed a security exploit affected part of its infrastructure, pointing to a possible private key compromise involving a wallet used for top-up operations, while saying user funds and market resolution were safe.In a Friday X post, Polymarket developers said…

The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment.“Santiment’s analysts read these flows…

Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide.The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing…

Strategy chairman Michael Saylor has not ruled out the company offloading some Bitcoin as early as this year, after recently softening his long-held “never sell” stance.“I think it’s not unlikely that we’ll sell some Bitcoin between now and the end…

THORChain said a malicious node operator exploited a vulnerability in its GG20 threshold signature system to drain about $10.7 million from one of the protocol’s vaults.The GG20 threshold signature scheme is used to secure THORChain vaults by splitting key control…

Security exploits are weighing on institutional appetite for decentralized finance (DeFi), even as broader crypto adoption continues through stablecoins and tokenized assets.In an April research note, JPMorgan analysts said that bridge security remains a challenge for the industry, raising questions…

Ether’s (ETH) long-term investment case is drawing fresh attention as Ethereum continues to lead in key areas of onchain activity and decentralized finance, despite the altcoin losing 28% of its value this year. The network still hosts roughly $43 billion…

The Bitcoin community celebrated the 16th anniversary of “Pizza Day” on Friday, marking the first recorded commercial Bitcoin transaction, in which real-world goods were purchased with Bitcoin.In May 2010, software developer Laszlo Hanyecz published an online post offering 10,000 BTC,…