Category: Cryptocurrencies

More than 200 victim impact statements have portrayed emotional damage after Celsius collapsed, as founder Alex Mashinsky, who has admitted to fraud, seeks a lighter sentence on May 8. The DoJ has explored reforms to ensure crypto creditors receive fairer payouts in future bankruptcies.
The post Celsius Victims Flood Court with 200+ Pleas as Mashinsky Faces Sentencing appeared first on Cryptonews. …

Solana DEX Battle has reshaped network trading. Raydium still leads weekly volume and has released LaunchLab to keep meme-coin liquidity, but Orca’s share and Pump.fun’s PumpSwap have surged. PumpSwap has moved over $2.5 billion, though a class-action suit has clouded its rise.
The post Solana DEX Battle Ignites: Pump.fun’s $2.5B Surge Challenges Raydium, Orca Despite Lawsuit appeared first on Cryptonews. …

CryptoQuant data show calm traders despite economic worries, and Aptos has led performance. Price is up 16.5 % as active addresses passed 1.2 million. A $1 billion stablecoin float, ties with Microsoft and Expo 2025, plus a proposed Bitwise ETF push the token toward $6.00, though RSI hints at a dip.
The post Aptos Leaps 16% on $1B Stablecoin Surge and Expo 2025 Wallet Win appeared first on Cryptonews. …

Mantle has introduced MI4, a BVI partnership mirroring index-fund mechanics on-chain. The BTC, ETH, SOL and USD basket rebalances quarterly and captures staking yield. Securitize has tokenized investor shares, allowing transfers and possible collateral use, while Fireblocks handles custody.
The post Mantle, Securitize Unveil $400M MI4 Tokenized Crypto Index Fund appeared first on Cryptonews. …

Paul Atkins has signaled a new direction for the SEC by confirming he will give opening remarks at Friday’s “Know Your Custodian: Key Considerations for Crypto Custody” roundtable, the third in a series shaping a clear regulatory framework as the agency has eased recent enforcement.
The post SEC’s Paul Atkins Leads Friday Crypto Custody Roundtable Amid Regulation Shift appeared first on Cryptonews. …

U.S. federal prosecutors are pushing for a prison sentence of up to 6.5 years for Avraham “Avi” Eisenberg, who was convicted for his role in the $110 million exploit of decentralized exchange Mango Markets in 2022.
The post US Prosecutors Seek 6.5-Year Sentence for Mango Markets Hacker Avi Eisenberg appeared first on Cryptonews. …

Revolut has reported a record-breaking financial year, surpassing $1 billion in annual profit for the first time.
The post Revolut Profits Spike More Than Double in 2024 to £1.3B Thanks to Crypto Trading Boom appeared first on Cryptonews. …