Cryptocurrency

BitGo has appointed Angela Ang as Managing Director of APAC and President of BitGo Singapore.  Summary Angela Ang will lead BitGo’s APAC growth after prior roles at MAS and TRM…

Binance has released its 43rd proof of reserves report, using a June 1 snapshot of user asset balances.  Summary Binance users added 25,838 BTC in May, lifting reported holdings to…

Ethereum traded near $1,747 at press time, according to the crypto.news market data, while price remained close to a major historical support area around $1,600 to $1,700.  Summary ETH trades…

Michelle Bond, the wife of former FTX executive Ryan Salame, must face federal campaign finance charges after a New York judge rejected her bid to dismiss the case.  Summary Judge…

Fidelity Investments has launched a money market fund aimed at stablecoin issuers and institutional investors seeking to meet reserve requirements under the GENIUS Act. Summary Fidelity has launched a money…

Jack Dorsey’s Block has launched Builderbot, a new AI-native software tool built to support engineering work across the company. Summary Builderbot handles 15% of Block’s production code changes and merges…

Italy-based fintech Conio has received authorization to operate as a crypto-asset service provider under the European Union’s MiCAR framework, becoming one of the firms to secure approval before stricter licensing…

CoinMENA has signed a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for users in the United Arab Emirates.  Summary CoinMENA will use Standard Chartered for UAE fiat…

Satori Finance has announced plans to shut down its decentralized exchange operations after determining that revenue no longer supports the business, despite processing more than $134 billion in cumulative perpetual…

A Florida man has pleaded guilty to operating an unlicensed money-transmitting business tied to HyperFund, a crypto investment scheme that U.S. authorities have described as a fraud that collected roughly…