Author: Robertson

Deribit, the world’s largest cryptocurrency derivatives exchange, is setting its sights on expanding into Hong Kong, as the city intensifies efforts to become a leading hub for virtual assets.
The post Deribit Plans Hong Kong Expansion as City Pushes to Become Virtual Asset Hub appeared first on Cryptonews. …

Crypto investment products saw $508 million in outflows, while XRP led altcoin inflows with $38.3 million, driven by optimism over its SEC case and potential ETF approval.
The post Crypto Products See $508M Outflows, XRP Leads Altcoin Inflows appeared first on Cryptonews. …

Pump.fun is testing its own AMM, potentially replacing Raydium as the default exchange for its tokens, which could significantly reduce Raydium’s trading volume and fees.
The post Pump.fun AMM Rumors Trigger 28% Decline in Raydium Token (RAY) Price appeared first on Cryptonews. …

Conversely, Avalanche and TON suffered major outflows, losing $506 million and $280 million, respectively, indicating liquidity shifts away from these networks.
The post Tron Blockchain Dominates Stablecoin Inflows, Adding $824M in a Week appeared first on Cryptonews. …

Russia’s Central Bank has launched a CDBC anti-fraud protection system for banks as it prepares to roll out the digital RUB.
The post Russia Rolls Out CDBC Anti-fraud System as Digital RUB Rollout Nears appeared first on Cryptonews. …

Bybit CEO Ben Zhou announced the exchange has restored its Ethereum holdings after a $1.4B hack and will release a proof-of-reserves audit soon.
The post Bybit CEO: ETH Gap Closed Post $1.4B Hack, Exchange to Publish POR Audit appeared first on Cryptonews. …

Following the $1.4 billion Bybit hack on Friday, Hong Kong-based stablecoin digital bank Infini suffered a security breach draining nearly $50 million USDC.
The post Stablecoin Bank Infini Hit by $49.5M Exploit, Founder Vows Full Repayment appeared first on Cryptonews. …