Category: Crypto

The SEC moved to drop its lawsuit against crypto influencer Ian Balina, who was charged in 2022 for promoting unregistered SPRK tokens in an ICO.
The post SEC Moves to Drop Case Against Crypto Influencer Ian Balina appeared first on Cryptonews. …

The Huione Group serves as a “critical node for laundering proceeds of cyber heists” carried out by the infamous North Korean Lazarus Group.
The post FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties appeared first on Cryptonews. …

Riot Platforms reported a sharp revenue increase in the first quarter of 2025, though the company still posted a sizable net loss.
The post Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot appeared first on Cryptonews. …

Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, reflecting a 19% year-over-year increase.
The post Kraken Revenue Hits $472M in Q1 2025 Amid Market Volatility Under Trump appeared first on Cryptonews. …

RiskReversal principal and RiskReversal Media co-founder Dan Nathan said on CNBC Wednesday that U.S. President Donald Trump’s crypto ventures are akin to a “Ponzi scheme.”Dan Nathan Shares His Take When asked by “The 11th Hour” host Stephanie Ruhle about the ethics tied to the Trump-affiliated crypto platform World Liberty Financial, Nathan didn’t hold back.“The big […]
The post ‘Perfect Ponzi’: Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny appeared first on Cryptonews. …

UK Fintech leaders warn the country could lose its edge as slow licensing, unresolved stablecoin guidance and limited pension fund backing have impeded startups. Coinbase and Ripple say firms have redirected product development and fundraising to the EU, Singapore and the US.
The post UK Fintech Losing Spark as Crypto Heavyweights Seek Faster Shores appeared first on Cryptonews. …

Tether has posted Q1 2025 profit above $1 billion, backed by $120 billion in U.S. Treasuries and gold gains. Assets exceed liabilities by $5.6 billion. USDT supply has added $7 billion and 46 million wallets. The issuer has obtained licensing in El Salvador and outlined a planned U.S.-focused token.
The post Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet appeared first on Cryptonews. …

Cai Wensheng has secured the 53k-sq-ft PARK AURA tower in Hong Kong’s Tin Hau for about US$84 million, a 20 percent premium on local deals. He has outlined redevelopment that includes an AI-themed café, rent-free co-working floors for local founders and dedicated studios for AI and Web3 projects.
The post Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub appeared first on Cryptonews. …

Layer-1 network Sui will add support for sBTC, a one-to-one BTC-backed asset from Bitcoin Layer-2 chain Stacks, expanding the BTCfi space.
The post Sui to Add Support for Stacks’ sBTC, BTCfi Holds $5.8 Billion in TVL appeared first on Cryptonews. …

Canary Capital has filed with the SEC for the first spot Sei (SEI) exchange-traded fund with a staking feature included.
The post Canary Capital Files for First Spot Sei ETF in US, Includes Staking Component appeared first on Cryptonews. …