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Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded

During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market…

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Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack

Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional $40…

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ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000

Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows…

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Report: Kraken Considers IPO Amid Renewed Investor Interest

Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This…

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Franklin Templeton Enables USDC Conversions on Benji Investments Platform

Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money…

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39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon

The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies…

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Ripple President Says SEC on ‘Warpath’ With Crypto Industry

The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the…

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SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that…

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Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks…

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Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds

The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The…

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