Users lending funds through DeFi borrowing markets on EVM chains and Solana lost roughly $3 for every $10,000 deposited over the past 12 months, according to analysis compiled from DefiLlama data.
SBI Securities and Rakuten Securities are preparing cryptocurrency investment trusts that would allow retail investors to gain exposure to bitcoin and ethereum through standard brokerage accounts, according to a Nikkei Asia survey published Sunday.
Iran’s Ministry of Economic Affairs and Finance reportedly launched Hormuz Safe on May 16, offering bitcoin-settled maritime insurance for cargo transiting the Persian Gulf and Strait of Hormuz.
Polish lawmakers have approved a long-debated cryptocurrency bill as the country moves closer to the European Union’s Markets in Crypto-Assets regulation.
Thorchain has suffered an estimated $10 million to $11 million exploit after attackers manipulated its vault churn process across several major blockchains.
Coinbase has marked its 14th anniversary with chief executive Brian Armstrong setting out an ambitious target to bring 1 billion people into the open financial system.
Victims pursuing long-unpaid US terrorism judgments against Iran asked a Manhattan federal judge to order Tether to transfer more than $344 million in frozen USDT linked to Iran’s Islamic Revolutionary Guard Corps.
Large holders of Cardano have increased their control of the token’s supply to the highest level in nearly five years, according to blockchain analytics platform Santiment.
Australia’s proposed changes to capital gains tax could reduce incentives for long-term cryptocurrency investing and increase tax burdens for many retail traders, according to several industry executives.
Kraken said it has switched its cross-chain infrastructure provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol to secure Kraken Wrapped Bitcoin and future wrapped token products.
Mexican business conglomerate Grupo Salinas partnered with Anchorage Digital to launch stablecoin-based cross-border payment services for crypto platform Coinpro.
The US Commodity Futures Trading Commission issued no-action relief for fully collateralised event contracts, easing certain swap reporting and recordkeeping requirements for prediction market operators and clearing organisations.
