Crypto and Laws
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Bitcoin Halving Strains Miners as Revenues Drop
A decline in the network hash rate signals falling miner revenues.
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Web3 Gaming Token GALA Crashes After $240M Exploit
The price of GALA dropped 20% to $0.038 from $0.047 on Tuesday morning.
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House Democrats Take a Voting Stance on 2 Pro-Crypto Bills
In a leaked email, Democratic Party leaders [House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and House Agriculture...
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Ripple vs SEC Lawsuit Update: SEC Opposes Ripple’s Motion to Seal Evidence
Earlier, Ripple filed a motion to have the court redact evidence related to the remedies briefing that the SEC filed on March 22. Now, the US...
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Bloomberg analysts revise ETH ETF approval odds to 75% amid rumors of SEC flip
The SEC has asked spot Ethereum ETF applicants to update their 19-b4 filings, leading to greater optimism around potential approvals, according...
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Ethereum Soars As ETF Analysts Increase Odds for ETH ETF Approval To 75%
Bloomberg analyst Eric Balchunas said he “heard chatter” the SEC could be reversing their stance.
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Blockchain Association Calls for FIT21 House Vote
The Blockchain Association has called for a full House floor vote on the Financial Innovation and Technology for the 21st Century Act (FIT21), or...
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Kraken denies plans to delist USDT in EU
A Kraken executive denied the exchange plans to delist Tether’s USDT stablecoin in Europe on May 18 . Global Head of Asset Growth...
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Institutions Ramp Up Crypto Exposure As Weekly Volume Plummets: CoinShares
Large entities recorded inflows of $932 million, mostly in response to U.S. CPI data.
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Solana Surges While Rest of Crypto Majors Start Week Flat
Solana has been on a tear this past week, as tokens issued on the blockchain hit new highs.
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Purported Pump.Fun Hacker Claims To Be In Hospital After Arrest and Release
A Twitter user claiming to be the former Pump.fun employee who stole $1.9M from the platform says the project is planning an airdrop.
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Web3 Teams Compete To Bring Restaking To $1.2T Bitcoin Ecosystem
Developers are racing to leverage BTC to replicate Ethereum's booming restaking ecosystem.
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India’s Securities Regulator and RBI Clash Over Crypto Regulations
India’s debate over cryptocurrency regulation heats up as the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India...
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Our Most Read Stories This Week: Pump.fun Hack, Blast Token, S& P on RWA, SOL vs. ETH, Sonne Exploit, Lido Takes on EigenLayer
The Defiant's most read stories for the week of May 13.
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Deutsche Bank Says Tokenization Is The Future Of Financial Innovation
Deutsche Bank is the latest global financial institutional to praise tokenization after joining the Monetary Authority of Singapore's Project...