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Crypto News

OCC reaffirms banks’ authority to offer crypto services without prior approval

May 7, 2025 James Rhoden No comments yet

The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance.  The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier […]

bitcoin legislation
Crypto News

Congressman Torres proposes bill to ban federal officials from trading or owning crypto

May 7, 2025 James Rhoden No comments yet

Representative Ritchie Torres is reportedly preparing to introduce legislation prohibiting federal officials from owning or trading crypto while in office.  The measure seeks to close potential conflicts of interest and expand existing financial ethics rules to include digital assets. The proposed bill would apply to a wide range of public servants, including members of Congress, […]

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Crypto News

ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

May 7, 2025 James Rhoden No comments yet

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report […]

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Insights

Revolut partners with Lightspark to integrate Bitcoin lightning payments

May 7, 2025 James Rhoden No comments yet

UK fintech giant Revolut has partnered with Lightspark to bring Lightning Network support for Bitcoin (BTC) payments to users in the UK and select European Economic Area countries, the companies announced on May 7. The integration enables near-instant, low-cost Bitcoin transactions for Revolut users by leveraging Lightspark’s enterprise-grade infrastructure. It marks a major milestone for […]

1746637344 bitcoin treasury company
Insights

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

May 7, 2025 James Rhoden No comments yet

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first […]

bitcoin treasury company
Crypto News

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ Bitcoin treasury company

May 7, 2025 James Rhoden No comments yet

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first […]

tron moonpay pr
Insights

MoonPay Enters Strategic Collaboration with TRON

May 7, 2025 James Rhoden No comments yet

MoonPay’s U.S. users can now directly access TRON’s dynamic DeFi ecosystem through TRX purchases, creating new opportunities for engagement. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

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Insights

Hong Kong brokerage Futu adds crypto deposits with Bitcoin rewards for users

May 7, 2025 James Rhoden No comments yet

Futu Securities, a prominent brokerage based in Hong Kong, has rolled out crypto “deposit services” for users on its Futu NiuNiu platform. According to a May 7 statement, the launch lets investors deposit and trade leading digital assets such as Bitcoin, Ethereum, and Tether. Futu NiuNiu, already known as Hong Kong’s top stock trading app, […]

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Crypto News

USDC hits record $219 billion volume in April as Binance partnership boosts market dominance

May 7, 2025 James Rhoden No comments yet

Available exclusively via Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into Trump’s first 100-day sprint that recast the SEC, scrapped key crypto rules, and fueled fresh inflation worries.

usd1 airdrop 1
Crypto News

World Liberty Financial’s USD1 stablecoin nearing airdrop as community vote aligns

May 7, 2025 James Rhoden No comments yet

World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02% […]

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