CMC Crypto News

OKX is reportedly in talks to acquire a 20% stake in South Korean crypto exchange Coinone, according to Yonhap.

Gemini reported 42% revenue growth in Q1 and revealed new prediction market metrics after launching the product in December.

Bitwise launched the BHYP Hyperliquid ETF on NYSE as institutional interest in HYPE and on-chain perpetuals rises.

Forward Industries posted a $283.1 million Q1 loss as Solana price declines weighed on its digital asset holdings.

Strategy’s STRC preferred stock hit a record $1.53 billion daily trading volume as BTC buying expectations grow.

Hana Financial agreed to acquire a 6.55% stake in Upbit operator Dunamu for $668 million amid growing crypto expansion.

Bullish posted a $604.9M Q1 loss as unrealized crypto losses weighed on results despite revenue growth.

Sharplink CEO Joseph Chalom said Ethereum treasury firms are focusing on staking income instead of debt-heavy strategies.

Kraken replaced LayerZero with Chainlink CCIP for wrapped Bitcoin products following the $292M Kelp bridge exploit.

JPMorgan analysts said Ethereum and altcoins may continue underperforming Bitcoin without stronger network activity growth.

The Senate Banking Committee advanced the CLARITY Act, moving US crypto market structure legislation closer to a full vote.

CME Group plans to launch Nasdaq CME Crypto Index futures on June 8 pending regulatory approval.

The T3 Financial Crime Unit froze over $450M in illicit crypto assets tied to scams and criminal activity.

US spot Bitcoin ETFs recorded $635M in outflows, marking the largest single-day withdrawal since January.

Coinbase became the official USDC deployer on Hyperliquid as stablecoin liquidity nears $5B on the platform.

Oobit expanded its crypto payment platform to Colombia as stablecoin spending grows across Latin America.

The CFTC granted prediction market platforms relief from swap reporting rules amid growing regulatory disputes.

DeFi Development Corp reported 108% SOL per share growth while expanding staking and on-chain treasury strategies.