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Latest coverage curated from Cryptonews

Cryptocurrency news platform providing market updates, blockchain analysis, and digital asset insights.

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US Banks Moved $312B in Chinese Drug Money, But Crypto Gets the Blame

US Banks Moved $312B in Chinese Drug Money, But Crypto Gets the Blame

US financial institutions processed $312 billion in suspicious transactions linked to Chinese money laundering networks between January 2020 and December 2024, according to a new FinCEN analysis of 13...

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1 min
Coinone Becomes First Korean Exchange to Launch Bitcoin Staking

Coinone Becomes First Korean Exchange to Launch Bitcoin Staking

Korean crypto exchange Coinone announced Friday that it has launched the country’s first Bitcoin staking service, allowing users to earn rewards without locking their assets. Key Takeaways: Coinone ha...

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1 min
US Bitcoin ETFs Dominate Spot Volume with $10B Daily Trading – Is This Dangerous?

US Bitcoin ETFs Dominate Spot Volume with $10B Daily Trading – Is This Dangerous?

US Bitcoin exchange-traded funds (ETFs) have captured a commanding share of spot trading volumes, regularly generating $5-10 billion in daily activity that rivals major crypto exchanges, according to ...

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1 min
Hong Kong-Based OSL Group’s Revenue Jumps 58% in H1 Despite Mounting Losses

Hong Kong-Based OSL Group’s Revenue Jumps 58% in H1 Despite Mounting Losses

Digital asset platform OSL Group reported a 58% year-on-year revenue increase for the first half of 2025, reaching HK$195.4 million ($25.1 million), even as operating losses more than doubled during i...

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1 min
Raoul Pal Sees XRP Poised For Strong Uptrend As ‘Full Porting’ Begins

Raoul Pal Sees XRP Poised For Strong Uptrend As ‘Full Porting’ Begins

Prominent financial analyst Raoul Pal says XRP is entering a phase he calls “full porting,” a process that signals the token could soon break out of its long consolidation and begin a strong new uptre...

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1 min
Crypto Execs Launch $200M SPAC Bid with Nasdaq Listing Under ‘BIXIU’

Crypto Execs Launch $200M SPAC Bid with Nasdaq Listing Under ‘BIXIU’

A team of seasoned crypto executives is aiming to raise $200 million through a special purpose acquisition company (SPAC), adding to the surge of blockchain-related firms seeking public market exposur...

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1 min
Canadian Crypto Firm Luxxfolio Eyes $73M Raise After Pivot to Litecoin

Canadian Crypto Firm Luxxfolio Eyes $73M Raise After Pivot to Litecoin

Canadian crypto infrastructure company Luxxfolio has filed a preliminary shelf prospectus to raise up to CAD$100 million ($73 million) as it deepens its Litecoin-focused strategy and attempts to stabi...

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1 min
21Shares Files for Spot SEI ETF in US, May Include Staking

21Shares Files for Spot SEI ETF in US, May Include Staking

Crypto asset manager 21Shares has filed an S-1 registration with the US SEC for spot SEI exchange-traded funds (ETFs). The firm follows Canary Capital’s similar filing in April. We're excited to annou...

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1 min
Hong Kong Needs Broader Crypto Offerings To Rival US And UAE, CZ Warns

Hong Kong Needs Broader Crypto Offerings To Rival US And UAE, CZ Warns

Hong Kong should widen the range of cryptocurrencies available on licensed exchanges if it wants to compete with global hubs such as the US and UAE, Binance founder Changpeng Zhao has said. Zhao, wide...

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1 min
Bitcoin Price Prediction: $1B Bets & Nasdaq Debut Fuel BTC’s Path to $130K

Bitcoin Price Prediction: $1B Bets & Nasdaq Debut Fuel BTC’s Path to $130K

Bitcoin is holding above $112,000 as blockchain adoption grows in traditional markets. The US Department of Commerce announced that Chainlink (LINK) and Pyth (PYTH) will provide official US economic d...

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1 min
South Korean Central Bank Wants to Use CBDC to Pay $79.3B Worth of Gov’t Subsidies

South Korean Central Bank Wants to Use CBDC to Pay $79.3B Worth of Gov’t Subsidies

The Governor of the South Korean Central Bank says Seoul is planning to use its Central Bank Digital Currency (CBDC) to pay over 110 trillion won ($79.3 billion) in government subsidies. The South Kor...

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1 min
Best Crypto to Explore Today 28 August – XRP, Pi Network, Dogecoin

Best Crypto to Explore Today 28 August – XRP, Pi Network, Dogecoin

Here’s our roundup of the best crypto to buy today, as the cryptocurrency market as a whole consolidates at a cap of $3.99 trillion. Ethereum has fallen by 2% in the past 24 hours, while Bitcoin is up...

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1 min