Trading
Bankruptcy
FTX has paid over $100M to lawyers and consultants handling its bankruptcy case
The May 30 court filing also revealed $105 million in earnings for the defunct exchange through token sales.
CBDCs
US lawmakers introduce bill to prevent digital dollar pilot program
US lawmakers are taking an increasing stand against the introduction of a national digital currency, highlighting the dangers attached to it.
Bankruptcy
OKX sends bankrupt Alameda $8.3M in crypto assets
The bankrupt crypto firm Alameda was involved in several transactions over the past month in effort to consolidate funds.
Stablecoins
Tether expands into Bitcoin mining
Tether said its Bitcoin mining operations in Uruguay would rely predominantly on low-cost, renewable energy.
DeFi
El Dorado Exchange attacker returns over $400k after team admits code vulnerabilities
The EDE Finance team has fixed the vulnerabilities and offered the exploiter 5% of its team's token to fix other issues.
Exchanges
Binance Australia blames AUD liquidity drop for Bitcoin discount
Bitcoin and other digital assets are trading at a significant discount on Binance Australia as the exchange experiences AUD liquidity issues.
Exchanges
BKEX freezes withdrawals amid money laundering probe
BKEX's withdrawal suspension raise concerns among users about the safety of their funds, and other issues.
Exchanges
Russia backtracks from plan to create national crypto exchange
Russian authorities have canceled plans for a national crypto exchange and will instead focus on regulating private sector alternatives.
Analysis
Bitcoin’s leap above $28k triggers $130 million in crypto liquidations
Bitcoin's brief pump above $28,000 led to steep losses for short traders.
Analysis
Dogecoin transaction volume flips Ethereum amid DRC-20 token fever
Dogecoin's transaction volume and hashrate has recorded tremendous growth thanks to the hype surrounding DRC-20 tokens.
Mining
Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines
Bitcoin miner Canaan intends to expand its mining operations to other countries amid the growing strength of this unit.
Exchanges
Binance to halt Bitcoin spot trading with Australian Dollar
Binance said it would remove its BTC/AUD trading pair amid continued decline in its Bitcoin spot trading market share.
