Europol, Spanish police dismantle ‘mafia crypto bank’ laundering funds across continents
Spanish law enforcement has dismantled a sprawling underground financial network that allegedly laundered more than €20 million through crypto transactions for organized crime groups based in China and the Arab…
Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak
Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s…
JPMorgan bridges blockchain and traditional finance in landmark pilot transaction
JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain…
Former front-runner for CFTC chair role resigns to lead Blockchain Association
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger will depart the agency on May 30 to become the Blockchain Association’s new CEO, effective June 2, according to a May 14…
Pi Foundation unveils $100 million investment initiative to drive real-world utility
The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14,…
Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they…
XRP maintains steady price increase despite early May buy spike
XRP’s DEX liquidity expanded rapidly after an aggressive dip at the beginning of the month, surpassing $21 billion by May 9 and holding strong throughout May 14. This increased the…
French government to meet crypto leaders over rising kidnapping threats
France’s Interior Ministry is reportedly set to meet with key players in the country’s crypto industry on May 16 to tackle a rising wave of kidnappings targeting digital asset entrepreneurs,…
Polygon’s co-founder warns of deepfake video scam using his likeness targeting startups
Sandeep Nailwal, co-founder of Polygon, has flagged a troubling rise in deepfake scams using his likeness to deceive crypto founders. Polygon is one of the largest Ethereum layer-2 networks. In…
BlackRock’s IBIT 20-day inflow streak broken as Bitcoin ETFs see outflows of $96 million
BlackRock’s iShares Bitcoin Trust (IBIT) has broken its 20-day inflow streak, recording no new investor inflows on May 13. This marks the fund’s first zero-flow day since April 14 and…