Nexo Set for U.S. Comeback After Two-Year Regulatory Hiatus and $45M Settlement
TL;DR Regulatory Comeback: After a two-year exit amid regulatory scrutiny and a $45M settlement over its Earn Interest Product, Nexo is set to reenter the U.S.
Crypto Market (Latest Publications)
After a $330M Bitcoin Hack, Monero Surges 50% in a Stunning Turn of Events
TL;DR $330M Bitcoin Hack: A suspected hack involving 3,520 BTC saw criminals rapidly launder stolen funds through multiple instant exchanges, converting much of it into Monero
Investors Flock to Digital Asset: With a whopping $3.4B inflow marking the third-highest weekly record
TL;DR Record Inflows: Crypto funds attracted a staggering $3.4B in net inflows last week—the third-highest weekly record ever. Safe Haven Shift: Amid worries over U.S. tariffs
$TRUMP: Whales Withdraw Millions Following Exclusive Dinner Announcement
TL;DR The announcement of an exclusive dinner linked to the TRUMP token sent its price soaring over 70% and multiplied trading volume fivefold. Whales like “MeCo”
Dragonchain Sees 155% DRGN Surge as SEC Drops Its Case
TL;DR The SEC dropped the lawsuit against Dragonchain over its 2017 ICO, reflecting a shift in its policy toward digital assets. Paul Atkins’ arrival as SEC
Binance Introduces Innovative Fund Accounts for Crypto Pros
TL;DR Streamlined Fund Management: Binance’s new Fund Accounts let professional asset managers consolidate investor funds into one or multiple omnibus accounts, reducing administrative hassle. Enhanced Transparency:
SUI Takes Off: ETF Hype and Expanding DeFi Lending Propel Its Ascent
TL;DR Rapid Surge in SUI’s Value: SUI surged 60% in the past week, reaching near one-month highs as investor interest soared amid growing market optimism. ETFs
OpenSea reclaims the NFT throne as competitors lag in user activity
TL;DR Dominance Amid Downturn: Despite a 61% drop in overall NFT sales, OpenSea now accounts for over 40% of trading volume, reinforcing its market leadership. Platform
KuCoin Enters Thailand: A Game Changer for Local Crypto Traders
TL;DR Localized Launch: KuCoin, a leading global crypto exchange, has launched its tailored platform in Thailand to merge international expertise with local trading needs. Strategic Partnership:
Revolut Hits $1.7B Profit Mark, Crypto Trading Leads the Charge
TL;DR Record Profit Surge: Revolut reached a record $1.7B profit in 2024, with the booming crypto trading segment at the heart of its success. Crypto Trading
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