Tether Reports Q1 Profit Above $1 Billion, Down From 2024 Amid Bitcoin Yield Decline

Stablecoin giant Tether says it now holds nearly $120 billion worth of direct and indirect exposure to U.S. Treasuries.

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Movement Plunges to All-Time Low After Coinbase Says It Will Delist Ethereum L2 Token

The MOVE token suddenly dropped 14% on Wednesday following word from Coinbase that it will suspend the Movement token for trading.

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Sui Price Pops 9% as 21Shares Seeks SEC Approval for ETF

Unlike its European counterpart, 21Shares’ Sui ETF would not offer staking rewards in the U.S.

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‘MapleStory N’ Avalanche Crypto Game Launching This Month

The first Web3 edition of the long-running MapleStory role-playing game franchise is set to launch on Avalanche on May 15.

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Bitcoin Price Tops $96K for First Time Since February Correction

“Bitcoin’s recent price appreciation is the result of long-term momentum rather than a temporary phenomenon,” an analyst told Decrypt.

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Malaysian Police Raid $8,000-a-Month, 45-Machine Bitcoin Mining Operation

The news comes as Malaysia contends with hundreds of millions of dollars in losses due to electricity theft from illegal Bitcoin mining.

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$364 Million Lost in April to Crypto Hacks, Scams: CertiK

Most of these losses relate to a single incident—with 3,520 BTC stolen from an elderly U.S. citizen following a phishing attack.

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Ethereum Set for UX Overhaul With New Interoperable Address Standards

Contributors are working on new ERC-7930 and ERC-7828 standards to simplify transactions on Ethereum and compatible chains.

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Sam Altman’s Eyeball-Scanning Crypto Project Hits the US ‘At Last’

World has launched its biometric ID system stateside after years of regulatory hedging and global controversy.

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Crypto Industry Pushes SEC for Clarity on Staking Rules

An industry coalition wants the U.S. securities regulator to issue clear, principles-based guidance on the status of staking.

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