Gate US has officially launched a licensed cryptocurrency trading platform in 23 American states, expanding its parent company Gate Group’s global compliance footprint. The state-specific licenses enable the exchange to offer regulated digital asset trading services while adhering to strict… Read More »Gate US Launches Licensed Crypto Trading Platform Across 23 U.S. States
The White House’s June 2024 digital assets report offers no substantive updates on potential Bitcoin reserve initiatives, maintaining a deliberately cautious stance toward cryptocurrency adoption. Authored by U.S. regulatory bodies, the document instead prioritizes enforcement transparency, investor security protocols, and… Read More »White House Report Omits Bitcoin Reserve Updates, Emphasizes Regulatory Scrutiny
Cryptocurrency exchange Kraken is reportedly seeking $500 million in new funding, aiming for a valuation of $15 billion to fuel its strategic growth initiatives. The substantial capital injection is intended to support three core areas: expanding Kraken’s global operations, enhancing… Read More »Kraken Targets $500M Funding at $15B Valuation to Drive Expansion and Compliance Efforts
El Salvador has significantly slowed its pioneering Bitcoin adoption initiative amid pressure from the International Monetary Fund (IMF), prioritizing fiscal responsibility over cryptocurrency expansion. The decision follows extensive discussions with IMF officials who raised concerns about financial stability risks and… Read More »El Salvador Scales Back Bitcoin Adoption Under IMF Pressure, Prioritizes Fiscal Stability
A teenage hacker executed a massive Bitcoin theft valued at $243 million by exploiting critical security weaknesses across multiple cryptocurrency exchanges, forcing industry-wide scrutiny of digital asset safeguards. The attacker leveraged previously undetected security loopholes in several trading platforms to… Read More »Teen Hacker’s $243M Bitcoin Theft Exposes Critical Crypto Exchange Vulnerabilities
Pump.fun conducted a $500 million token sale that notably excluded investors from the United States and United Kingdom, reflecting ongoing regulatory concerns in cryptocurrency markets. The PUMP token offering concluded in under 12 minutes, demonstrating strong global demand despite the… Read More »Pump.fun Excludes US Investors in Record $500M Token Sale Amid Regulatory Uncertainty
Robinhood has launched Ethereum and Solana staking options for its U.S. customers, enabling them to earn rewards through participation in these blockchain networks. The expansion aligns with the company’s mission to democratize financial markets by making advanced cryptocurrency tools more… Read More »Robinhood Expands Crypto Staking Services to Ethereum and Solana for U.S. Users
REX Shares has introduced the first U.S. staked Solana exchange-traded fund (ETF), enabling investors to access Solana tokens and staking rewards within a regulated ETF framework. The landmark product aims to bridge traditional finance with decentralized finance (DeFi) by simplifying… Read More »REX-Osprey Launches First US Staked Solana ETF Bridging Traditional Finance and DeFi