News

What To Know: Hong Kong Monetary Authority reports a crypto scam website using its logo to push fake CBDC and tax-payment claims. Officials confirm...

Canary Capital’s latest amendment to its Staked SEI ETF filing marks a decisive moment in the slow, cautious opening of U.S. markets to staking-based exchange-traded products. The update, which includes responses to comments from the U.S. SEC and a revised prospectus reflecting developments on the Sei blockchain.

US District Judge Paul Engelmayer delivered a 15-year prison term for the founder of Terra and the collapsed TerraUSD ecosystem, Do Kwon, calling it “a fraud on an epic, generational scale.” The long-running case ended with one of the heaviest penalties ever imposed on a crypto executive

Ripple completed its $200m acquisition of Rail, a stablecoin payments platform, in a move that positions the company to push stablecoins deeper into mainstream cross-border finance. Ripple has now directed more than $3 billion into mergers and acquisitions as it seeks to expand the practical reach of its payments technology.

Venture firm a16z released its assessment of the crypto sector, offering a detailed look at stablecoins, tokenization, payments, AI agents, and technical standards shaping the next wave of digital finance. The report points to one trend above all others: stablecoins now function as a major settlement layer for global commerce.

The NYSE placed a bronze statue of Bitcoin’s creator, Satoshi Nakamoto, inside its historic building on Thursday. It was commissioned by Twenty One Capital, the company that began trading this week. The installation is part of an international art campaign that aims to place 21 Satoshi monuments across several countries.