SEC Delays Decision on Grayscale’s Polkadot ETF Amid Surge in Crypto Fund Applications

The U.S. Securities and Exchange Commission (SEC) has hit the pause button on a decision regarding Grayscale’s proposed Polkadot spot exchange-traded fund (ETF). In a filing published on April 24, 2025, the agency announced it would extend the review period, pushing the deadline to June 11, 2025. Grayscale is seeking to convert its existing Polkadot…

BNB Chain Overhauls $100M Incentive Program with Direct Token Investments

BNB Chain is making a significant pivot in its strategy to support on-chain growth, following feedback from its community and ecosystem partners. The blockchain network has revamped its $100 million incentive program, moving away from its initial focus on centralized exchange listings, and opting instead for a direct investment model that involves purchasing tokens from…

U.S. Government Seizes Cryptocurrency Linked to Hamas Terrorist Financing Network

The U.S. Department of Justice (DOJ) has seized approximately $201,400 in cryptocurrency linked to Hamas as part of an ongoing effort to disrupt terrorist financing networks. This operation is part of a larger crackdown on illicit financial activities, with authorities revealing that over $1.5 million in virtual currency has been laundered through these channels since…

Institutional Investors Increase Bitcoin ETF Holdings as Crypto Surges, US Filings Reveal

As Bitcoin soared 47% in the fourth quarter of 2024, institutional investors—including wealth management firms, hedge funds, and pension funds—dramatically increased their exposure to U.S. exchange-traded funds (ETFs) linked to Bitcoin’s price, according to recent regulatory filings. One of the most notable moves came from the State of Wisconsin Investment Board, which more than doubled…