Positive
May 16, 2025
PYMNTSFTX to Distribute $5 Billion to Creditors in Second Distribution
FTX's bankruptcy advisers said Thursday (May 15) that they will distribute $5 billion to the former cryptocurrency exchange's eligible creditors on May 30. The distribution will be the second payment made to creditors, and additional record and payment dates will be announced later, FTX said in a Thursday press release.
Negative
May 15, 2025
BitcoinFormer Rep. McHenry: Gensler's Anti-Crypto Stance Tied to Senate Politics
Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler's anti-crypto stance to progressive ideology and Senate politics.
Neutral
May 15, 2025
DecryptFTX Will Hand Out Over $5 Billion in Bankruptcy Repayments This Month
The next wave of FTX creditor distributions will begin on May 30, with over $5 billion worth of recovered funds set to be sent out.
Neutral
May 15, 2025
Yahoo FinanceeToro CEO talks IPO, Robinhood, and becoming the investment app of younger generation
Israel-based trading platform eToro (ETOR) debuted on the Nasdaq on Wednesday, its stock opening on the exchange at over 34% its original IPO price. eToro co-founder and CEO Yoni Assia sits down with Yahoo Finance executive editor Brian Sozzi at the Nasdaq for a conversation about the IPO, investor sentiments amid tariff headwinds, and crypto trading.
Negative
May 15, 2025
CryptopolitanUK crypto firms must report user data or face fines under new HMRC rules
Digital assets service providers in the UK may need to start reporting user data to His Majesty's Revenue and Customs (HMRC) by 2027. The regulator disclosed this in a recent announcement, stating that it is due to a new regulatory framework.
Positive
May 15, 2025
Altcoin BuzzCoinbase will launch cbADA, cbDOGE, cbLTC, and cbXRP.
Crypto exchange Coinbase has announced plans to launch four new Base-linked tokens: cbADA, cbDOGE, cbLTC, and cbXRP. The exchange shared it on Tuesday, May 13, via the official Coinbase X account.
Neutral
May 15, 2025
BeInCryptoWhale Flow to Binance Hits Six-Month Low at $3.27 Billion | Weekly Whale Watch
Bitcoin whales have moved just $3.27 billion of BTC to Binance over the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant.
Negative
May 15, 2025
CointelegraphLegacy forex, payments platforms ‘hate' stablecoin adoption — Kevin O'Leary
Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O'Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become accepted as a cheaper, faster alternative, O'Leary said at the Toronto conference.
Negative
May 15, 2025
BitcoinCyber Gang Spent $4M on Nightclubs, $9M on Exotic Cars in $263M Crypto Fraud, DOJ Says
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week.
Negative
May 15, 2025
CointelegraphTrump's crypto ties ‘add a certain level of challenge' to passing bills — Coinbase exec
Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump's crypto ventures, and how they may affect related legislation.Speaking at the Consensus conference in Toronto on May 15, Grewal said there had been “hiccups” in Congress since the Senate Banking Committee voted to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in March. Though Grewal said there were disputes over “substantial issues that need to be addressed” in the bill, he hinted that Trump's involvement in the industry was a “complicating factor.