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Avalanche-powered Axiym bets on money services businesses


Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph.Headquartered in Dubai, United Arab Emirates, Axiym disclosed...

Securitize, Mantle launch institutional crypto fund


Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said. Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index...

Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case


Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene...

Crypto startups no longer welcome in Nvidia’s accelerator program


Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant's global network of founders.According to the program website, crypto companies and four other types of businesses are excluded...

SEC task force met with Trump-supporting firms to discuss crypto regulation


The US Securities and Exchange Commission (SEC) crypto task force, headed by Hester Peirce, has continued meeting with digital asset company representatives as the agency explores regulatory changes.In an April 24 notice, the SEC task force disclosed a meeting with representatives from crypto firm...

Chicago Mercantile Exchange Group to launch XRP futures


The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivatives exchanges worldwide, recently announced that XRP (XRP) futures contracts will go live on May 19.According to the April 24 announcement, investors have the option of choosing between micro-sized contracts...

Angels from Citadel, Jane Street, JPMorgan back $20M raise for Theo network


Theo, a provider of onchain trading infrastructure, has raised $20 million from 17 investors to enhance its institutional-grade trading platform aimed at retail investors.The funding round was co-led by Hack VC and Anthos Capital, with additional participation from venture capital firms Manifold...

The hidden risk of updatable firmware


Opinion by: Igor Zemtsov, chief technology officer at TBCCCrypto security is a ticking time bomb. Updatable firmware might just be the match that lights the fuse.Hardware wallets have become the holy grail of self-custody, the ultimate safeguard against hackers, scammers and even government...

Tether boosts Juventus stake to 10% in latest strategic buy


Tether Investments — the investment arm of leading stablecoin issuer Tether — acquired additional shares in Juventus Football Club.According to an April 24 announcement, with its latest investment, Tether brought its total participation in Juventus to over 10.12% of the issued share...

US exchanges bet big on crypto derivatives amid tariff turbulence


United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments. Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile...

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