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Coinbase exchange is having big plans in developing services that targets Australia’s $600 billion self-managed pension sector, Bloomberg reported. The largest US crypto exchange is reportedly developing a tailored service to tap the unfilled demand over crypto products, Coinbase’s Asia-Pacific Managing Director John O’Loghlen, confirmed. “Self-managed super funds might just…

Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion. The Seed Round, led by Kingsway Capital, saw participation from prominent investors such as Animoca Brands, Blockchain.com, Hashed, Shima Capital, and several others, the firm said in a…

The Chicago Mercantile Exchange (CME) is reportedly planning to launch Bitcoin trading, seeking to capitalize on the swelling demand for Bitcoin among Wall Street fund managers this year. The Financial Times reported Thursday that the CME has been in talks with crypto traders about offering a regulated marketplace for buying…

Eclipse Labs founder and CEO Neel Somani has officially stepped down and been replaced by Vijay Chetty “effective immediately” following allegations of sexual misconduct. In a social media post, Eclipse Labs announced the departure of Somani and Chetty’s promotion from chief growth officer to CEO. “Chetty brings over a decade…

Two Ontario men, one of whom is a self-described “Crypto King,” have been arrested and charged with fraud. They allegedly received over C$40m ($29.4m) from investors. Aiden Pleterski, 25, was charged with fraud exceeding C$5,000 and laundering criminal proceeds on May 2. His associate, Colin Murphy, 27, also faced fraud charges…

Salim Ramji, the newly appointed CEO of Vanguard, has confirmed that the company will not reverse its decision to refrain from launching a spot Bitcoin exchange-traded fund (ETF). In a recent interview with Barron’s, Ramji, who previously headed BlackRock’s global ETF business, said Vanguard is committed to consistency, adding that cryptocurrency-related…

Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case. The newspaper Namdo Ilbo reported that on May 14, the Gwangju District Court’s Criminal Division began the trial of a 59-year-old superintendent police officer. The officer is named in reports as “A”…

In a landmark case that has to be the first of its kind, two brothers, both graduates of the prestigious Massachusetts Institute of Technology (MIT), have been apprehended and charged with exploiting a vulnerability in the Ethereum blockchain.  Their alleged actions resulted in a massive $25 million theft in 12 seconds.…

Bitcoin Price Prediction Bitcoin’s price surged by 7.50% to $66,350 amid the latest U.S. inflation data release. The U.S. consumer price index (CPI) rose by 0.3% in April, down from 0.4% in March and February. This lower-than-expected increase suggests inflation is resuming its downward trend, bolstering financial market expectations for…

Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14. Per the news agency URA, an unnamed “law enforcement agency” member in the Khanty-Mansi Autonomous Okrug said the teenage brothers “attracted other teens” in the region to…