Crypto News

Singapore-based Basel Medical Group said it is in “negotiations” to put $1 billion in Bitcoin on its balance sheet as it pursues an “Asia growth strategy.”Source link

World Liberty Financial’s USD1 stablecoin is now operable across multiple blockchains through an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the companies announced Friday.That’s according to World Liberty Financial’s team, Chainlink co-founder Sergey Nazarov, and the son of U.S. President Donald Trump, Eric Trump, who announced the cross-chain capabilities at Consensus 2025.USD1, a U.S. dollar-backed stablecoin launched by the decentralized finance protocol inspired by Trump, has seen significant growth since its debut, reaching $2 billion in market capitalization. The stablecoin was used to close MGX’s $2 billion investment in Binance.It still trails behind industry leaders Tether and Circle, whose leading stablecoins have a $151 billion and $60.6 billion market cap, respectively.The token is backed by short-term U.S. Treasuries and fiat...

Nyan Heroes, a Solana game featuring cats in robot suits, is coming to an end. The price of NYAN is now down nearly 99% from peak.Source link

Christy Goldsmith Romero, one of the four commissioners at the Commodity Futures Trading Commission, will depart the federal regulator at the end of the month, she announced Friday.Goldsmith Romero joins fellow Commissioner Summer Mersinger, who announced earlier this week that she would leave on May 30 after being named the next CEO of the Blockchain Association, a Washington, D.C.-based lobbying group for the crypto industry. In a statement, Goldsmith Romero said that derivatives markets, which the agency oversees, "experienced significant growth while remaining resilient and financially stable through times of market stress and volatility" during her time on the Commission. "I wish to also recognize the members of the CFTC Technology Advisory Committee, which I sponsored, for their landmark reports...

Coinbase user Data Hacked, FTX Repayments Coming, Bond Yields soar FOMO HOUR EP359Hackers demand $20m after Coinbase data hacked. SEC probes Coinbase on inflating user numbers. FTX to begin $5b distribution on May 30. Wisconsin Investment Board exits BTC ETF. China’s DDC Enterprise to adopt BTC reserves. China’s Addentax to buy 8k BTC. Brazil’s Meliuz buys $28.4m BTC for reserve. BTC to $1m, altcoins with products will win: Hayes. BTC has more upside potential than gold: JPM. SEC releases FAQs on broker-dealer transfer rules. BlackRock integrates BUIDL with Euler. Sonic Labs to liquidate Multichain Foundation. Nasdaq grants extension on 21Shares DOT ETF. ADA ETF approval 55% likely this year. Tether’s freeze mechanism has loophole: AMLBot. US DoJ indicts 12 for $263m crypto...