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Found 10222 news

  • PUSD stablecoin deploys on ADI Chain, targeting $3T Islamic finance market
    Cointelegraph.com - 21:11 Apr 22, 2026
    PUSD stablecoin deploys on ADI Chain, targeting $3T Islamic finance marketThe Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East. PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a Layer 2 network focused on institutional settlement in the Middle East. According to an announcement shared with Cointelegraph, the stablecoin has about $2.3 billion in circulation and is backed 1:1 by reserves held in Saudi riyals and UAE dirhams, which are pegged to the US dollar.  It is already available on multiple blockchains, including Ethereum, BNB Chain, Solana and Tron, with ADI Chain marking its latest integration. The stablecoin is positioned to provide access to Islamic finance markets, which represent more than $3 trillion in assets globally, according to the announcement from the ADI Foundation. Read more
  • Banking group asks for more time to comment on US stablecoin bill
    Cointelegraph.com - 20:32 Apr 22, 2026
    Banking group asks for more time to comment on US stablecoin billThe letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized. The American Bankers Association (ABA) has asked US government agencies responsible for regulations related to a stablecoin bill for more time to comment, potentially delaying implementation by as much as two months. In a Tuesday letter to the US Treasury Department, Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN) and Treasury’s Office of Foreign Assets Control, the ABA requested the agencies extend the deadline for public comment on rules for the GENIUS Act, a stablecoin payments bill signed into law in July 2025. The banking group asked for 60 additional days to comment on rulemaking after the issuance of a final rule by the Office of the Comptroller of the Currency (OCC), saying the rules by the other agencies were “substantially dependent” on the outcome of the OCC’s. Read more
    Tags: Banking
  • Trump-linked American Bitcoin energizes 11,298 new ASICs
    Cointelegraph.com - 20:17 Apr 22, 2026
    Trump-linked American Bitcoin energizes 11,298 new ASICsAmerican Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025. American Bitcoin (ABTC), a publicly traded mining company co-founded by United States President Donald Trump’s sons, has completed its energization of 11,298 application-specific integrated circuits (ASICs) at its Drumheller site in Alberta, Canada. Following the acquisition of machines, the company now owns about 89,242 ASICs, the computers used to mine Bitcoin (BTC) and other proof-of-work (PoW) cryptocurrencies, according to the company’s announcement on Wednesday. ABTC’s mining fleet now generates a total of about 28.1 exahashes per second (EH/s) of computing power, operating at an “average efficiency” of 16 joules per terahash, the company said. Shares of ABTC surged by about 11.7% on Wednesday, rising to about $1.38 per share, according to data from Yahoo Finance. Read more
  • Thailand regulator mulls crypto futures expansion in licensing overhaul
    Cointelegraph.com - 17:53 Apr 22, 2026
    Thailand regulator mulls crypto futures expansion in licensing overhaulThailand’s SEC is seeking feedback on rule changes that would let digital asset firms offer derivatives within existing entities, lowering barriers to market entry. Thailand’s Securities and Exchange Commission (SEC) is seeking public comment on proposed rule changes that would allow licensed digital asset businesses to apply directly for derivatives licenses, removing the requirement to establish separate entities. The proposed revisions would build on earlier changes recognizing digital assets as eligible underlying assets for futures contracts, expanding the scope of Thailand’s derivatives market while introducing additional requirements to manage conflicts of interest and strengthen oversight. The proposal could lower barriers for crypto companies to enter the derivatives market by allowing them to apply for licenses within existing entities, rather than establishing separate companies, while bringing those activities under tighter regulatory oversight. Read more
    Tags: Thailand
  • Kraken calls for de minimis exemption on crypto taxes after 2025 reports
    Cointelegraph.com - 17:30 Apr 22, 2026
    Kraken calls for de minimis exemption on crypto taxes after 2025 reportsThe crypto exchange advocated for two key changes to US tax law affecting crypto users to “eliminate millions of unnecessary forms.” Cryptocurrency exchange Kraken called for a change in US tax policy after reporting millions of cases of transactions “worth less than $1” as part of its reporting requirements for 2025. In a Wednesday blog post, Kraken said it issued more than 56 million tax forms — 1099-DAs — to the US Internal Revenue Service (IRS) in 2025 as now required by law. However, the exchange said that about 18.5 million of those forms were for transactions under $1, with about 28 million for $10 or less and 75% under $50. In an effort to “eliminate millions of unnecessary forms,” the exchange called for a de minimis exemption for taxes to exclude “small, routine digital asset payments from capital gains reporting.” It similarly advocated for an end to “phantom” income derived from staking cryptocurrencies, requiring holders to “owe taxes on value they have not realized” by not selling their staking ...
    Tags: KRAKEN
  • Pyth Network to determine outcomes in Kalshi’s commodities expansion
    Cointelegraph.com - 17:13 Apr 22, 2026
    Pyth Network to determine outcomes in Kalshi’s commodities expansionThe prediction platform will use Pyth’s pricing data to settle trades on its new commodities markets, as it expands into assets like oil, gold and crops. Oracle network Pyth Network has been selected as the resolution data source for Kalshi’s expansion into commodities markets, underscoring the growing focus on reliable pricing infrastructure in event-based trading. Kalshi said on Wednesday that Pyth will supply real-time pricing data for its newly launched commodities hub, which debuted in April. The data will be used to determine how event contracts tied to commodity prices are settled. The move reflects a broader push among prediction market platforms to strengthen backend infrastructure as they expand into more complex asset classes. Accurate, tamper-resistant data feeds are critical for ensuring fair and transparent contract resolution, particularly in markets tied to real-world financial benchmarks. Read more
  • Robinhood Venture Fund's $75M stake in OpenAI aims to enable retail investments
    Cointelegraph.com - 16:38 Apr 22, 2026
    Robinhood Venture Fund's $75M stake in OpenAI aims to enable retail investmentsThe private equity investment will be used to give retail customers indirect price exposure to OpenAI through venture tokens. Robinhood Ventures Fund I (RVI), a publicly traded closed-end fund that offers retail investors access to private equity investments, announced a $75 million investment in OpenAI. The company announced on Wednesday that it purchased $75 million of the AI developer's common stock, which will be used as the underlying asset to give Robinhood clients price exposure to OpenAI via the fund's venture tokens. The investment is “one of RVI’s largest investments to date,” according to RVI president Sarah Pinto, who added that the tokens aim to democratize access to private investing. Read more
  • Ethereum risks 10% decline versus Bitcoin despite record ETH staking
    Cointelegraph.com - 16:19 Apr 22, 2026
    Ethereum risks 10% decline versus Bitcoin despite record ETH stakingEthereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time. Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: ETH/BTC’s bear flag pattern points to a possible 10% drop toward 0.026 BTC in May. Read more
  • Lazarus-linked macOS malware hits crypto and fintech firms
    Cointelegraph.com - 14:20 Apr 22, 2026
    Lazarus-linked macOS malware hits crypto and fintech firmsSecurity researchers linked a new “Mach-O Man” malware kit to a Lazarus campaign that uses fake meeting invites and ClickFix prompts to steal credentials and access corporate systems on macOS. Security researchers have linked a new macOS malware campaign to the Lazarus Group, the North Korea-linked hacking operation behind some of the crypto industry’s biggest thefts. Flagged on Tuesday, the new “Mach-O Man” malware kit is distributed via “ClickFix” social engineering schemes across traditional businesses and crypto companies, according to Mauro Eldritch, offensive security expert and founder of threat intelligence company BCA Ltd. Victims are lured into a fake Zoom or Google Meet call where they are prompted to execute commands that download the malware in the background, allowing attackers to bypass traditional controls without detection to gain access to credentials and corporate systems, the security researcher said in a Tuesday report. Read more
  • Binance.US cuts spot trading fees to near zero in push to undercut rivals
    Cointelegraph.com - 14:00 Apr 22, 2026
    Binance.US cuts spot trading fees to near zero in push to undercut rivalsThe exchange set maker fees at 0% and taker fees at 0.02% across all pairs, extending near-zero pricing to all users with no volume tiers or subscription requirements. Update (April 22 7:49 PM UTC): This article has been updated to reflect the relationship between Binance.US and Binance in the eighth paragraph. Binance.US has reduced spot trading fees to 0% for makers and 0.02% for takers across all trading pairs, extending near-zero pricing to all users without volume thresholds or subscription requirements. The new pricing replaces the platform’s tiered fee structure and applies to all accounts, with the company saying the move could reduce trading costs by as much as 98% compared with competitors such as Coinbase. Read more
    Tags: Binance
  • Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lender
    Cointelegraph.com - 13:47 Apr 22, 2026
    Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lenderAave’s supplied balance has tanked since the Kelp DAO bridge exploit, as users pull funds amid uncertainty over how much of the rsETH-linked shortfall the protocol will ultimately absorb. Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday.  Total value supplied to Aave fell from $45.8 billion on Saturday to $30.8 billion on Wednesday, according to Aavescan data. The decline followed an attack that drained about 116,500 restaked Ether (rsETH), worth roughly $293 million, from Kelp DAO’s LayerZero-powered rsETH bridge. The exploiter then used part of the stolen funds to borrow on Aave. Read more
  • UK cracks down on illegal peer-to-peer crypto trading in nationwide raids
    Cointelegraph.com - 13:38 Apr 22, 2026
    UK cracks down on illegal peer-to-peer crypto trading in nationwide raidsThe Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, issuing cease-and-desist orders. The United Kingdom’s Financial Conduct Authority (FCA) has raided multiple sites suspected of running illegal peer-to-peer (P2P) crypto trading operations. The financial services and markets watchdog said Wednesday that it worked alongside HM Revenue & Customs and the South West Regional Organised Crime Unit to inspect eight locations linked to illegal crypto trading. Officials issued cease-and-desist notices on site, ordering operators to halt activity immediately, while gathering evidence tied to ongoing criminal investigations. “Unregistered peer-to-peer crypto traders operating in the UK are doing so illegally and pose a financial crime risk,” Steve Smart, the FCA’s executive director of enforcement and market oversight, said. Read more
  • Europe’s MiCA regime puts smaller crypto firms under pressure
    Cointelegraph.com - 13:28 Apr 22, 2026
    Europe’s MiCA regime puts smaller crypto firms under pressureSmaller crypto companies across Europe face mounting compliance costs as MiCA moves from framework to enforcement, raising fears of market consolidation. The European Union’s Markets in Crypto Assets Regulation (MiCA) transition period is entering its final stretch, forcing smaller crypto firms across the EU to either secure authorization quickly or prepare to shut down regulated services. The transitional period ends across the bloc on July 1, after which any crypto asset service provider operating without a MiCA license must stop serving EU clients. Early movers like United Kingdom-based exchange CoinJar, which said it secured MiCA authorization in Ireland in 2025, call the regime a necessary maturation that rewards compliance-first players, but founders in markets like Poland warn thousands of virtual asset service providers (VASPs) could fall off a regulatory cliff as deadlines hit. Companies face a hard stop of July 1 for the longest 18-month grandfathering window, with some national regimes already clos...
  • How to fix suspected insider trading on Polymarket and Kalshi
    Cointelegraph.com - 13:20 Apr 22, 2026
    Prediction markets like Polymarket and Kalshi provide valuable intel, but can also incentivize insider trading. Here’s how they fight back.
  • Russia advances crypto bill that could pave way for criminal penalties
    Cointelegraph.com - 13:11 Apr 22, 2026
    Russia advances crypto bill that could pave way for criminal penaltiesRussian lawmakers passed a first reading of a bill regulating crypto through licensed intermediaries, with key rules set to take effect in July 2026 and 2027. Russia’s lower house of parliament passed a bill in first reading on Tuesday that would create the country’s core legal framework for digital currency, moving Moscow closer to a system that channels crypto trading through licensed intermediaries under Bank of Russia oversight. The draft bill No. 1194918-8, titled “On Digital Currency and Digital Rights,” passed its first reading in the State Duma on Tuesday, according to official records. The bill would allow Russians to buy and sell crypto through approved intermediaries as early as July, while banning unlicensed crypto platforms beginning in July 2027, if the draft becomes law. Read more
    Tags: Russia
  • North Korea tied to heists worth $578M in April after Kelp DAO exploit
    Cointelegraph.com - 12:29 Apr 22, 2026
    North Korea tied to heists worth $578M in April after Kelp DAO exploitDPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users. Kelp DAO suffered a $292 million hack on Saturday, overtaking Drift as the largest crypto exploit of the year so far. North Korea-linked hackers are suspected to be behind the attack. Kelp DAO said Monday that the exploit stemmed from a failure of cross-chain messaging protocol LayerZero’s infrastructure. LayerZero said the breach was enabled by Kelp DAO’s use of a single verifier configuration to approve cross-chain messages. LayerZero said that “preliminary indicators” attributed the exploit to TraderTraitor, a subgroup of North Korea’s state-backed hacking unit known as Lazarus Group.  Read more
  • SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
    Cointelegraph.com - 12:29 Apr 22, 2026
    SEC ‘on the cusp’ of onchain tokenized securities exemption: AtkinsSEC Chair Paul Atkins says the SEC is “on the cusp” of an innovation exemption to enable compliant onchain trading of tokenized securities. US Securities and Exchange Commission Chair Paul Atkins said the agency is nearing the release of an exemption that would allow market participants to trade tokenized securities onchain within a compliant framework.  Speaking at the Economic Club of Washington on Tuesday, Atkins said the SEC is close to introducing what he described as an exemption aimed at enabling limited activity in tokenized markets while the agency develops longer-term rules. “We are on the cusp of releasing what I call an ‘innovation exemption,’ which will provide market participants with a cabined framework to begin facilitating the trading of tokenized securities onchain in a compliant fashion as the Commission works toward long-term rules of the road,” he said.  Read more
    Tags: Atkins
  • ‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicator
    Cointelegraph.com - 11:36 Apr 22, 2026
    ‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicatorBitcoin’s technical indicators predicted a significant move ahead for BTC, but the price must first break resistance at $80,000. Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move. Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for a massive price breakout. Read more
  • Coinbase shifts New York prediction markets fight to federal court
    Cointelegraph.com - 10:55 Apr 22, 2026
    Coinbase shifts New York prediction markets fight to federal courtCoinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state gambling laws. Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court to federal court, arguing that the case turns on disputed questions of federal law over how event contracts are regulated. The move escalates a legal fight that could help define whether prediction markets fall under federal commodities regulation and the scope of the US Commodities and Futures Trading Commission’s (CFTC) or state gambling laws, with broader implications for the oversight of platforms like Coinbase and Gemini. “We have removed this action to federal court,” wrote Grewal in a Wednesday X post, adding that New York’s claims raise “disputed and substantial questions of federal law” and are subject to “complete preemption.” Read more
  • Bitcoin Bull Score hits six-month high as 2022 bear-market fears linger
    Cointelegraph.com - 10:10 Apr 22, 2026
    Bitcoin Bull Score hits six-month high as 2022 bear-market fears lingerBitcoin price metrics saw a broad recovery in April, but analysis warns that the 2022 bear-market breakdown could still repeat. Bitcoin (BTC) price metrics are showing relief this month, but the risk of repeating the 2022 bear market remains. Key points: Bitcoin’s Bull Score Index combined price metric reaches its highest levels since October last year. Read more

10222 items