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DWF Labs denies report that it did $300 million of wash trading on Binance last year

DWF Labs denies report that it did $300 million of wash trading on Binance last year

Trading and market-making firm DWF Labs has denied reports that it engaged in $300 million of wash trading on Binance in 2023.

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Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

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JPMorgan says SEC’s Wells notice to Robinhood Crypto shouldn’t hinder eventual approval of spot ether ETFs

JPMorgan analysts say the SEC’s Wells notice to Robinhood Crypto is unlikely to hinder the potential eventual approval of spot Ethereum ETFs.

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Meme Coin Demand is Stronger Than Ever, Crypto Analyst Says

Go to Source Author: Omkar Godbole

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Only one spot bitcoin ETF recorded inflows yesterday

Spot bitcoin exchange-traded funds listed in the United States saw net inflows yesterday off GBTC experiencing no net inflows or outflows.

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SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens

The joint venture seeks to provide token-based experience and rewards for Japanese fans, including game-day activations and voting rights.

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Canaan launches new A1566 bitcoin mining machine

Canaan launched its newest bitcoin mining machine, the A1566 of its Avalon A15 series, that features an energy efficiency ratio of 18.5J/T.

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VanEck’s MarketVector Starts Index to Track the Largest Meme Coins

The index contains a variety of dog-themed coins and other popular meme tokens.

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Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T

Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak.

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Optimism’s Superchain now supports Layer 3 chains via OP Stack

Optimism announced that Layer 3 chains can now join the Superchain by building on the OP Stack and sharing revenue with Optimism Collective.

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