Standard Chartered and OKX Launch Crypto Collateral Project

Standard Chartered and OKX have launched a crypto collateral project that allows institutional clients to use cryptocurrencies and tokenized funds under a regulated framework, enhancing risk controls and custody security.
The post Standard Chartered and OKX Launch Crypto Collateral Project appeared first on Cryptonews. …

OpenAI Countersues Elon Musk, Setting Stage For Legal Battle

OpenAI has filed a countersuit against Elon Musk, claiming he abandoned the venture after failed merger talks with Tesla, skipped a $1B pledge, and sought to derail OpenAI’s progress through the creation of xAI.
The post OpenAI Countersues Elon Musk, Setting Stage For Legal Battle appeared first on Cryptonews. …

a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter

Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate.
The post a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter appeared first on Cryptonews. …

Bybit’s Market Share Rebounds by 7% After February Hack

Bybit’s market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack.
The post Bybit’s Market Share Rebounds by 7% After February Hack appeared first on Cryptonews. …

Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause

U.S. spot Bitcoin ETFs experienced $127.12 million in net outflows on April 9, despite President Trump’s announcement of a 90-day pause on new tariffs, which boosted U.S. stocks. The Nasdaq saw its best day since January 2001, but this didn’t translate to Bitcoin ETFs, highlighting a disconnect in market reactions.
The post Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause appeared first on Cryptonews. …

VanEck Confirms China and Russia Settling Energy Trades in Bitcoin

VanEck reports that China and Russia are settling some energy trades using Bitcoin, highlighting a growing trend of de-dollarization and Bitcoin’s emerging role as a neutral settlement layer in global trade.
The post VanEck Confirms China and Russia Settling Energy Trades in Bitcoin appeared first on Cryptonews. …