A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued by the Southern District of New
U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment. However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%, despite a 3.4%
Key Takeaways Banco Santander SA is exploring entering the stablecoin market and offering retail crypto services through its digital banking unit Openbank. Santander’s plans include considering euro and dollar denominated stablecoins, with potential launches dependent on obtaining regulatory approvals. Share this article Banco Santander SA, which has recently surpassed UBS to become continental Europe’s largest
There’s a new sheriff in town—or at least that’s how Vice President JD Vance framed it from the main stage at Bitcoin 2025 in Las Vegas. In a packed ballroom at The Venetian, the Republican VP laid out the clearest message yet from the Trump administration: the days of what he called “regulatory harassment” are
Bitcoin reached a record high of almost $112,000 on May 22 and has remained relatively close to that mark ever since, keeping investors on edge for a potential breakout. Despite subdued market activity, the Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment. Accumulation Signals As of May 29, 2025, the 7-day simple moving
U.S. stocks were mixed amid uncertainty over trade, while Nvidia earnings boosted investor sentiment. Markets reacted positively to Nvidia’s latest earnings, but tariff-related news continued to weigh on investor confidence. On Thursday, May 29, the tech-focused Nasdaq rose 35 points, or 0.18%. At the same time, the Dow Jones slipped 0.04%, while the S&P 500
Key Takeaways Two Russian crypto entrepreneurs were kidnapped and extorted in Buenos Aires. Interpol has issued red notices for the Russian suspects who fled Argentina. Share this article A young Russian couple, who runs a crypto business in Buenos Aires, was kidnapped and extorted in the Palermo neighborhood after being lured into a meeting under
A US federal court has frozen approximately $57.65 million worth of USDC stablecoins in connection with a class action lawsuit linked to the LIBRA token scam that took place a couple of months ago. On 28 May 2025, the US District Court for the Southern District of New York issued a Temporary Restraining Order that
[PRESS RELEASE – Miami, FL, May 29th, 2025] Everstake, a leading global non-custodial staking provider for retail and institutional clients, has successfully achieved SOC 2 Type II, ISO 27001:2022 certifications, and GDPR (General Data Protection Regulation) compliance, further solidifying its commitment to the highest security and regulatory standards. The independent audit was conducted by Prescient
The global crypto market cap has surpassed $3.5 trillion, driven by a surge in institutional interest in Bitcoin and developments across the broader digital asset ecosystem. According to a report from on-chain analytics firm Sentora (formerly IntoTheBlock), the surge is attributed to increasing institutional allocation into Bitcoin (BTC), alongside notable rebounds in decentralized finance and