Compliance Settlement Success: OKX Strategy
@OKX announces a $500M settlement with the U.S. Department of Justice over regulatory failings and suspicious transactions #Breaking #Legal (-9) ↘
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Bybit Crowdsources Effort to Freeze Funds
@Bybit launches a site to track Lazarus Group’s crypto theft, offering 5% bounties for frozen funds; $42.3M already frozen. #Breaking #Crypto (+9) ↗
Bitcoin Investment Urged for GameStop Cash
@GameStop urged by Strive Asset Management’s CEO Matt Cole to convert its $5B cash reserve into $BTC, positioning as a market leader in bitcoin treasury. #Update #Crypto (+6) ↗
Dubai Approves Circle Stablecoins for DIFC
@circle’s stablecoins $USDC and EURC are approved for use in Dubai International Financial Centre, enhancing integration into financial services. #Update #Legal $USDC (+7) ↗
Ethereum Pectra Upgrade Live on Testnet
Ethereum’s Pectra upgrade went live on the Holesky testnet but failed to finalize, with developers investigating the issue. #Update #Crypto $ETH (-3) ↘
USDe Strengthens Risk Management with Oracles
@Ethena_Labs integrates @ChaosLabs’ Edge Proof oracles to enhance USDe’s risk management amid recent volatility concerns. #Update #Crypto $USDe (+3) ↗
FTT Surges After Bankman-Fried Tweet
FTT surged briefly to $2.07 after Sam Bankman-Fried tweeted for the first time in two years, causing a temporary spike before settling. #Update #Crypto $FTT (+3) ↗
AMM Pivot Misstep Pump Fun Criticized
@RaydiumProtocol refutes rumors of @PumpFun launching its own AMM, calling it a “strategic miscalculation” as RAY tokens face a 30% market dip. #Update #Crypto $RAY (-5) ↘
Crypto Seizure: $31M Recovered from Hack
U.S. authorities seized $31M in crypto from the 2021 Uranium Finance hack, marking a significant recovery effort by SDNY and HSI. #Breaking #Legal $BNB (+8) ↗
OKX Settles DOJ Charges Pays $500M
@OKX settles with U.S. DOJ, paying over $500M for failing to secure a money transmitter license and facilitating suspicious transactions exceeding $5B. #Breaking #Legal (-9) ↘
Cybersecurity Breach: Infini Offers Reward
@0xinfini lost $49.5M in a hack, offering 20% reward for fund return; founder pledges to cover losses personally #Breaking #Crypto (-9) ↘
Crypto Trading DekaBank Launches Institutional Services
@DekaBank launches crypto trading and custody services for institutions after BaFin approval, focusing on security and compliance. #Update #Crypto (+3) ↗
Stablecoin Ethena Secures $100M Funding
@EthenaFinance raises $100M to develop iUSDe, a synthetic stablecoin for TradFi, with backing from Franklin Templeton and F-Prime Capital. #Update #Crypto $USDe (+6) ↗
Germany Election: Centre Right Triumphs
Germany’s Centre Right Alliance (CDU/CSU) wins most seats in parliamentary election, impacting EU digital innovation policies. #Update #Legal (+3) →