Cryptocurrency asset manager Canary Capital has registered a statutory trust in Delaware for a staked Sei ETF. According to an April 23 entry on the Delaware Division of Corporations website, the trust was officially filed under the name “Canary Staked SEI ETF Trust”. This filing represents the formal creation of a legal structure that could…
Mango Markets exploiter Avraham “Avi” Eisenberg could be facing over six years in prison, as U.S. prosecutors have pushed for a hefty sentence ahead of his May 1 hearing. In an April 22 filing, federal prosecutors told New York district court Judge Arun Subramanian that Eisenberg’s 2022 exploit of the Solana-based DeFi platform was not…
Crypto exchange KuCoin has announced the official launch of its fully licensed Thailand platform as a part of its global expansion. According to an April 23 announcement, the new platform will operate under ERX Company Limited, which recently received a crypto exchange licence from Thailand’s Securities and Exchange Commission. As part of the collaboration, ERX…
While most of the crypto market experienced a bullish rally, PumpBTC unexpectedly plunged 40%, a sharp decline that caught many investors off guard, especially amid positive listing news. On Wednesday, April 23, PumpBTC, a DeFi token that recently launched on Binance, crashed 40% in 24 hours with no immediate news-based catalysts. The 40% crash came…
Initia, Binance Launchpool’s 68th project, is gearing up for a wave of major exchange listings as its six-day farming period is drawing to a close. Initia (INIT), the latest project featured on Binance Launchpool, is set to debut on several major exchanges. Binance will officially list INIT on April 24 at 11:00 UTC. Other centralized…
Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream. Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In just five years, stablecoins have grown from niche instruments to a $250 billion market. These digital assets now form essential infrastructure for crypto adoption, enabling transactions and providing the foundation for…
Monad has partnered with Chainlink to integrate its oracle services as its mainnet launch looms. Monad, an EVM-compatible Layer 1 blockhain, has announced a partnership with a leading decentralized oracle provider Chainlink (LINK). When the mainnet launches, developers on Monad will have immediate access to Chainlink’s full suite of Web3 services, including Data Feeds, Data…
The XRP Ledger Foundation has patched a critical vulnerability within its official JavaScript SDK that could have allowed attackers to steal private keys and drain cryptocurrency wallets. On April 22, the XRP Ledger Foundation released an updated version of the XRP Ledger npm package, removing the compromised code and restoring safe functionality for developers building…
Spot Ethereum ETFs in the U.S. just saw their biggest daily inflows since early February, signaling a potential turnaround after weeks of bearish sentiment. According to SoSoValue data, the nine U.S.-listed Ethereum ETFs brought in $38.74 million in net inflows on April 22, breaking a 10-day streak of zero or negative flows. That’s their highest…
