Supreme Court denies Coinbase’s request to compel arbitration in Dogecoin sweepstakes dispute

The US Supreme Court denied Coinbase’s motion to compel arbitration related to its Dogecoin (DOGE) sweepstakes on May 23. The judge ruled that “a court, not an arbitrator,” must decide whether one... Read more »

Worldcoin ‘disappointed’ with Hong Kong ban as WLD drops 5%

The Worldcoin Foundation expressed disappointment over Hong Kong authorities’ decision to ban its data collection efforts due to alleged privacy violations, according to a May 23 statement shared with CryptoSlate. On May... Read more »

VanEck intends to be first spot ETH ETF issuer, argues against simultaneous approvals

VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The... Read more »

WisdomTree first to get nod from FCA on spot Bitcoin ETP ahead of multi-product UK launch

WisdomTree has received approval from the Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock Exchange. This approval allows WisdomTree to introduce the WisdomTree Physical Bitcoin... Read more »

Cboe submits 5 amended ETH ETF filings amid renewed chance of approval

Cboe BZX filed 19-b4 amendments related to five spot Ethereum ETFs on May 21, significantly increasing the odds of each fund’s approval. The news coincided with a sudden spike in odds on... Read more »

Inferno Drainer resumes operations, claims $250 million stolen from crypto users

Inferno Drainer, a notorious crypto wallet-draining kit provider, has resumed operations after abruptly shutting down last November, according to a May 20 screenshot shared by crypto security expert Plumferno. Web3 anti-scam firm... Read more »

Gala Games exploited for $200 million

An unknown attacker exploited the blockchain gaming project Gala Games on May 20 for approximately $200 million, according to reports. Solidity developer 0xquit said the attacker minted 5 billion GALA tokens through... Read more »

Is Bitcoin the next asset to catch up with the rally?

Quick Take As economic uncertainty looms, traditional safe-haven assets like gold, silver, and copper are soaring to new heights. Gold recently hit a new all-time high of $2,443 an ounce, up nearly... Read more »

Will the complexity of web3 win over web2?

The following is a guest post from Bakhrom Saydulloev, Product Lead at Mercuryo.Statistics works in a funny way. When experts feel the need to prove the growing acceptance and awareness of Web3,... Read more »

Scaramucci says institutional adoption of Bitcoin set to accelerate

SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters. Scaramucci made the statement during an interview on CNBC,... Read more »