Japan’s financial, law enforcement and real estate regulators have issued a joint guidance request warning that crypto assets pose money laundering risk in property transactions. The request, published on Tuesday, was issued by the Ministry of Land, Infrastructure, Transport and Tourism, the Financial Services Agency, the National Police Agency and the Ministry of Finance. It…
A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, projects could extend runway through new issuance…
In brief Meta signed a deal for up to 1 GW of space-based solar energy. The company says the power will be used on Earth, not in orbital data centers. Meta is also backing long-duration storage as it faces soaring AI energy demands. Meta is looking to space for more power as artificial intelligence drives…
Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion as of April 28, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same…
Crypto infrastructure company Startale Group has selected Sunnyside Labs’ Privacy Boost as the official privacy partner for its Startale App, built for Soneium, a Sony-linked blockchain network. Startale Group said Tuesday that the integration will add self-custodial private transfer features to the app, including shielded balances, private peer-to-peer transfers and privacy-enabled payment flows on Soneium….
In brief The Trump administration has been “figuring out” how to push forward the strategic Bitcoin reserve, Patrick Witt said Monday. The U.S. Treasury had ruled out any new Bitcoin purchases since August last year, and has not reversed its position since. Senator Cynthia Lummis’ BITCOIN Act will reportedly be reworked under a new name…
Ether (ETH) analysts have mapped out key ETH price levels to watch over the next few weeks, with a focus on the $2,000 psychological level. Key takeaways: Dropping below the 200-day simple moving average at $2,220 could confirm more downside for Ether. ETH faces stiff resistance at $2,400, a level that must be reclaimed by…
Ondo Finance has teamed up with financial technology giant Broadridge to give holders of tokenized stocks and exchange-traded funds (ETFs) the ability to participate in proxy voting. Broadridge has built a Web3-enabled relay system where tokenholders connect their crypto wallet to Broadridge’s ProxyVote platform, submit their voting preference, and Ondo’s issuer then votes the real…
In brief A successful breakout above $82,000 will add fuel to Bitcoin’s ongoing recovery rally, potentially pushing it toward $90,000, QCP analysts argue. Fed Chair Powell’s forward guidance for the rest of the year, and first-quarter earnings from big tech, will redefine U.S. investor risk appetite. Without a catalyst, Bitcoin’s price action will be volatile…
Crypto trading platform OKX has added BlackRock’s BUIDL tokenized US Treasury fund to its collateral framework with Standard Chartered, allowing eligible institutional and VIP clients to use the yield-bearing asset as trading margin while holding it off-exchange with the bank. The arrangement, announced in a Tuesday release shared with Cointelegraph, lets institutional and VIP clients…