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Author: Isabella Taylor
On May 5, 2025, it was revealed that the DOJ was well-informed that the crypto mixer Samourai Wallet didn’t fit the definition of a money transmitter. However, it didn’t stop the prosecution: Samourai co-founders were arrested anyway. A year later, the case may be dropped by the SEC. New details of the case A team of lawyers working for Samourai Wallet made available a letter they sent to the Manhattan federal court on May 5, 2025. The letter reveals that in 2023, the Financial Crime Enforcement Network senior officials informed the Department of Justice that under FinCEN guidance, the crypto…
Binance has applied the monitoring tag to six additional tokens, most notably including Movement Labs’ MOVE. The token was previously embroiled in a market maker scandal and the project has since relaunched under a new name. According to a recent notice, the crypto exchange has decided to apply the monitoring tag to a number of tokens, including Movement Labs’ native token MOVE (MOVE). This follows the protocol’s recent rebranding announcement that involves changing its name to Move Industries and removing co-founder Rushi Manche. “Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens,” noted…
LINE NEXT and stablecoin issuer Tether will bring USDT payments and rewards to new users in Asia through LINE Messenger and Kaia blockchain. Stablecoin giant Tether (USDT) has rolled out its USDT stablecoin on the Kaia blockchain, expanding its reach to users of LINE Messenger, a popular Korean social media platform. According to a Wednesday press release, the partnership enables over 196 million monthly users of LINE to access and use USDT for payments, rewards, and decentralized finance directly within the app. Tether’s CEO Paolo Ardoino says that through LINE NEXT’s blockchain infrastructure, “over 200 million LINE users will now…
Hong Kong’s Futu Securities International has announced the launch of its crypto deposit service which facilitates Bitcoin, Ethereum, and Tether deposits and trading for investors. According to the firm’s press release, qualified investors can now make deposits and trade cryptocurrencies on Futu’s all-in-one online trading platform. Hong Kong’s largest online retail brokerage has expanded its suite of cryptocurrencies to include stablecoin deposits for USDT (USDT) as well as major tokens such as Bitcoin (BTC) and Ethereum (ETH). Investors can now use the Futu NiuNiu app to trade crypto as well as traditional asset classes including Hong Kong, U.S., and Japanese…
Monda, the leading DEX and liquidity incubator on the Monad blockchain, has rebranded to Purps exchange and now offers cross-chain swaps. According to a recent official announcement on X, Monda has officially rebranded to Purps exchange. The platform’s new home is now Purps.xyz, with the old domain Monda.fund fully redirected. In a follow-up post, the company explained the reasons behind the rebrand. First, the former name “Monda” unintentionally clashed with other “Mon-” projects in the Monad ecosystem, leading to confusion and reputational setbacks. The move to Purps also reflects the exchange’s maturation. As the DEX rapidly scaled, the team felt…
Metaplanet’s Bitcoin holdings have reached 5,555 BTC with the latest addition of 555 BTC, as the company reports a year-to-date BTC yield of 136.7% Metaplanet has extended its aggressive Bitcoin (BTC) accumulation strategy with today’s purchase of additional 555 BTC for approximately $54.4 million, acquired at an average price of $96,134 per coin, according to CEO Simon Gerovich, who announced the news on X. Metaplanet has acquired 555 BTC for ~$53.4 million at ~$96,134 per bitcoin and has achieved BTC Yield of 136.7% YTD 2025. As of 5/7/2025, we hold 5555 $BTC acquired for ~$481.5 million at ~$86,672 per bitcoin.…
The Emmy-winning Ozark star Julia Garner is reportedly set to headline Netflix’s dramatization of the FTX saga as Caroline Ellison. Julia Garner is reportedly in talks to play Caroline Ellison, a former top executive in Sam Bankman-Fried‘s fallen crypto empire, in an upcoming Netflix limited series about the collapse of the FTX crypto exchange, Variety has learned, citing sources familiar with the matter. The role would reunite the Emmy-winning Ozark star with Netflix, where she also appeared in Inventing Anna, Maniac, and The Get Down. The series will follow the rise and fall of FTX through the lens of the…
The MOO DENG crypto price has soared, pushing the meme coin’s market capitalization to over $60 million. The MOO DENG price rally occurred as the altcoin market moved into an extremely bullish position, with the likes of SOL, ADA, and SUI all posting returns in excess of 30%. The MOO DENG community has naturally been very pleased with the rally, which comes following a sudden crash from an all-time high a few weeks prior. The meme coin has no real utility, but its connection to a famous pygmy hippopotamus housed in a Thai zoo has helped it capture the crypto…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The recent crypto market pullback may have caught many off guard, but it also did something useful—it forced the DeFi community to talk about an important topic we usually ignore in a bull market hype: risk management. In March 2025, Hyperliquid—one of the most respected DeFi platforms—was rocked by two market manipulation events. One was a massive long position on Ethereum (ETH), the other a short play targeting a small-cap memecoin called JELLY. These trades weren’t just…
Solana (SOL) is currently trading at approximately $146.87, reflecting a slight decline of 0.42% over the past 24 hours. Despite this minor pullback, SOL has shown resilience amid broader market fluctuations. In this article, we will look at Solana price target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. 📊 Solana Price Target Current Price: $146.87 24h Price Change: -0.42% 24h Range: $143.96 – $146.87 Market Cap: Approximately $74.19 billion 24h Trading Volume: Approximately $2.1 billion Circulating Supply: Approximately 520 million SOL Trends are mixed but there are some signs of bullish…