Crypto
Justin Sun predicts SEC rejection of Ethereum ETF in May, citing need for crypto education
The chances of the SEC approving an Ethereum ETF in May continues to dim amid recent developments.
Justin Sun
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Tokenization
Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token
EtherFi defended Arrington XRP Capital's multi-wallet strategy amid the ensuing controversies.
Exchanges
Tron founder Justin Sun’s $1.6 billion wallet balance dominates HTX $4.9 billion reserves
Justin Sun's colossal balance has stirred debate within the crypto community about HTX's holdings.
Exchanges
HTX reenters race for Hong Kong crypto license days after withdrawing initial bid
Hong Kong SFC has received seven new applications for licensing from several firms, including HTX, after warning that unlicensed platforms would be shutdown.
Stablecoins
Circle to end support for $313 million USDC on Tron amid compliance push
The Tron blockchain has faced allegations of alleged involvement in illicit financial activities by Circle.
Crypto
Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL
The total value of assets locked on the Bitcoin network has surpassed the $1 billion threshold for the first time, per DeFillama data.
Stablecoins
TUSD’s supply hits low as stablecoin struggles to maintain $1 peg
TUSD instability prompts massive sell-off on various trading platforms.
Exchanges
Poloniex’s challenges mount with FCA warning and user withdrawal issues
Various cryptocurrencies are trading at a slight discount on Poloniex comapared to their values on rival platforms like Binance.
Hacks
Nearly 70% of November’s $350 million crypto hacks linked to Justin Sun entities
PeckShield cites a tenfold increase in November crypto thefts with Justin Sun's platforms at the center.
Regulation
Circle denies terror finance allegations and ties to Justin Sun
Circle said it does not finance illicit actors like Hamas, directly or indirectly, and highlighted its compliance with the necessary financial laws.
Analysis
Justin Sun defends Tron following allegations of facilitating terror financing
Sun said the blockchain network is committed to fighting illegal use by terror groups but maintained that decentralization was its primary concern.
Exchanges
Poloniex restores services after $100M hack, users await info on reimbursement plan
Poloniex said it has engaged a 'top-tier' security firm to bolster its security.