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The Senate Banking Committee has advanced the nomination of Kevin Warsh for Federal Reserve Chair, a decision that moves his appointment to the full Senate for a final vote. The committee’s vote was along party lines, with a 13-11 tally…
Ostium Enhances Decentralized Execution Layer with Off-Chain Institutional Liquidity Ostium, a decentralized perpetuals exchange, has announced a significant upgrade to its backend infrastructure, aiming to provide on-chain traders with access to off-chain liquidity. This development positions Ostium as a “decentralized…
Czech National Bank Governor Ales Michl has publicly advocated for the inclusion of Bitcoin in central bank reserve portfolios, presenting his case at the Bitcoin 2026 conference. This stance positions the Czech National Bank as a pioneer in sovereign adoption…
Galaxy Digital reported a net loss of $216 million for the first quarter of 2026, a figure primarily influenced by a downturn in cryptocurrency prices impacting the company’s balance sheet. CEO Mike Novogratz characterized the period as a “transition year”…
A U.S. court has sentenced Maximilien de Hoop Cartier, a descendant of the Cartier luxury jewelry family, to eight years in prison for operating an unlicensed over-the-counter cryptocurrency exchange. Prosecutors stated that this operation facilitated the laundering of over $470…
Amboss Technologies has introduced RailsX, a peer-to-peer trading platform operating on the Lightning Network, designed for the self-custodial exchange of Bitcoin against stablecoins. The platform facilitates trades between Bitcoin and stablecoins, specifically USDT-L and USDC-L, which are issued by Speed…
The Hong Kong Monetary Authority (HKMA) has issued a public caution regarding fraudulent stablecoins that are falsely associating themselves with licensed entities. The warning specifically addresses tokens identified as “HKDAP” and “HSBC,” which have appeared in the market but are…
Nuva Digital, a venture co-incubated by Animoca Brands and Nuva Labs, has successfully secured $5.2 million in seed funding. The investment round was spearheaded by Morgan Creek Digital, with significant participation from Ulu Ventures. This capital infusion is earmarked for…
The Canadian federal government has announced its intention to ban cryptocurrency ATMs, classifying them as a significant conduit for fraudulent activities and money laundering. This proposed measure was detailed in the nation’s spring economic update, signaling a robust move towards…