Category: crypto
-

HashKey Capital breaks ground with Asia’s first XRP Tracker Fund
HashKey Capital has launched Asia’s first regulated XRP Tracker Fund, tracking the price of XRP. It is the firm’s third tracker product, with the potential to evolve into an exchange-traded fund. The fund aims to meet institutional demand for simplified access to digital assets and is benchmarked by CF Benchmarks. Ripple has provided initial capital…
-

Ripple-owned Hidden Road secures as broker-dealer license to expand institutional reach
Hidden Road, a digital asset and foreign exchange prime brokerage firm acquired by Ripple, has obtained a broker-dealer license in the US. This allows them to offer prime brokerage, clearing, and financing services across fixed-income assets, expanding their reach into traditional markets. Ripple aims to offer enterprise-grade financial tools to institutional clients.
-

Slovenia proposes legislation to impose 25% tax on gains from crypto, derivatives
Slovenia’s Ministry of Finance released two legislative proposals for public consultation to clarify and align taxation of digital assets and derivatives ahead of a planned 2026 rollout. The proposals include a 25% capital gains tax on crypto profits and a flat 25% tax rate on gains from derivatives, aiming to align with international standards and…
-

Coinbase warns of potential new crypto winter as market signals turn bearish
Coinbase’s April Monthly Outlook report suggests a new bear market for digital assets as crypto valuations decline sharply. The report warns of a potential “crypto winter” with falling prices and reduced liquidity. Technical indicators show a bearish cycle, with Bitcoin and altcoins experiencing significant losses. The market outlook remains fragile, but a potential recovery is…
-

Circle introduces Refund Protocol to enable dispute resolution in stablecoin payments
Circle launched its Refund Protocol on April 17, introducing a smart contract system for dispute resolution in stablecoin transactions. The protocol allows payment arbiters to lock funds, authorize refunds, and allow early withdrawals for a fee. Circle CEO Jeremy Allaire sees this as a step towards mainstream stablecoin payments.
-

StanChart sees stablecoin supply rising to $2T by 2028 following US legislation
Standard Chartered predicts stablecoin supply could reach $2 trillion by 2028, driving $1.6 trillion in new demand for US Treasury bills if the GENIUS Act passes as expected. The bill would formalize the legal framework for stablecoins and mandate fully reserved stablecoins, boosting the US dollar’s global demand and liquidity.
-

Galaxy proposes consensus method to address Solana inflation debate
Galaxy Research has proposed a method called Multiple Election Stake-Weight Aggregation (MESA) to reform Solana’s inflation governance. The proposal aims to introduce a market-driven process to adjust the emissions curve, potentially accelerating the timeline to reach a 1.5% terminal inflation rate. The proposal addresses concerns about Solana’s inflation and offers an alternative governance framework for…
-

Mantra, market makers allegedly exploited validation gaps to inflate OM token liquidity
Mantra and market makers manipulated OM token liquidity metrics by inflating trading volume through controlled addresses and exchanges, creating false appearance of market activity. This collapsed when a large holder tried to sell, causing a 90% price drop. Solutions proposed include disclosure of market-making agreements and enhanced verification of token distribution claims. The incident highlights…
-

TRUMP token unlocks begin Saturday worth $311M, followed by $3.8M daily insider payouts
The TRUMP memecoin will unlock over $300 million worth of tokens this Saturday, with a daily distribution expected to continue until mid-2028. Insider wallets will receive fixed amounts of tokens, with a total of 1 billion tokens to be released. The unlocking schedule will see insiders hold 80% of the token supply.
-

Bitcoin miners are using April volatility to continue stacking after 2 months of net outflows
CryptoSlate Alpha is a membership program that requires purchasing an NFT using Solana’s SOL token. Connecting a Solana wallet is necessary for the purchase. By buying the membership, users agree to terms set by their digital wallet provider and the Access Foundation. CryptoSlate is not responsible for the digital wallet’s security or legality.