SEC under Trump would ‘vigorously pursue’ crypto regulation – former regulator says

Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously... Read more »

Bitcoin miner CleanSpark records highest single mining day in April in post-halving report

CleanSpark has released its first monthly unaudited Bitcoin mining and operations update since the halving. The company exceeded 17 EH/s in hashrate, mining an impressive 721 BTC with a record daily high... Read more »

Mining firm Stronghold considering sale of company in latest financial report

Stronghold Digital Mining announced it is considering a sale or other strategic alternatives aimed at maximizing shareholder value. The announcement came alongside the company’s disclosure of its robust first-quarter financial and operational... Read more »

Babylon Chain aims to enhance Bitcoin’s utility through staking, reveals CEO

In the latest episode of the SlateCast, CryptoSlate welcomed David Tse, CEO and co-founder of Babylon Chain, to discuss the groundbreaking concept of Bitcoin staking and its potential to secure Web3. Joining... Read more »

DOJ launches probe into Block’s compliance history following allegations of lapses

Fintech giant Block is under scrutiny by federal prosecutors from the Southern District of New York following allegations of significant compliance failures involving its main business units — Square and Cash App,... Read more »

Bitcoin begins May with plunge to two-month low as crypto market sees widespread losses

The crypto market started the new month of May in red, with Bitcoin’s price plunging to a two-month low of under $56,500. This decline extends the downtrend from April, marking Bitcoin’smost challengingt... Read more »

Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Celsius Network burned its CEL holdings, representing the majority of the token supply, on April 30. Etherscan indicates the company burned 652.2 million CEL by sending it to a null address. The... Read more »

Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes

Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87.58 million HKD, equivalent to $11.19 million, based on Hong Kong Stock Exchange data.... Read more »

Hong Kong Bitcoin, Ethereum ETFs expected to outperform US counterparts’ volume on day 1

As Hong Kong braces for the debut of its first spot Bitcoin and Ethereum ETFs, expectations are soaring that the initial trading volumes will eclipse those witnessed during similar launches in the... Read more »

Bitcoin market poised for potential bull trend resumption amid ongoing redistribution phases

Maksim Balashevich, CEO of crypto analytics firm Santiment, believes Bitcoin’s market conditions post-halving suggest a period of ongoing redistribution followed by a potential resumption of the bull trend. In a recent report,... Read more »