A wave of Coinbase lawsuits has followed the exchange after facing a cyberattack and data breach in the previous week. Coinbase, which is among the biggest crypto exchanges in the world has went through severe security breach, resulting in the theft of user data on May 15. Now users have filed multiple lawsuits, increasing the legal difficulties of the platform. Let’s discuss. Coinbase Lawsuits News: 6 Lawsuits Filed in 2 Days The crypto exchange disclosed the data breach news on May 15 after attackers bribed several Coinbase customer support staff to provide access to the users’ data. With that, users’ personal information, including names, addresses, phone numbers, driving licenses, passports, transaction history, email addresses, and even the last digits of their special security numbers, was compromised, resulting in multiple Coinbase lawsuits. The cybercriminal has asked for a reason of $20 million, which the exchange has refused to pay. As a… Read More at Coingape.com
FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto investments, creating new opportunities in the rapidly evolving crypto space.
The post FalconX and Standard Chartered Partner for Crypto Solutions appeared first on Coinpedia Fintech News
FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto …
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to see what experts think about the Ripple price given the growing approval odds for XRP ETF (exchange-traded funds) in the US. These financial instruments offer investors indirect exposure to crypto and progressively draw institutional players to the digital assets space.
Meanwhile, ETF analyst Eric Balchunas has appealed to Paul Atkins for hints about when the US SEC will approve the first spot XRP ETF, among other altcoin-based financial instruments.
He and his colleague, ETF analyst James Seyffart, remain optimistic that approving additional altcoin-related ETFs beyond Ethereum is only a matter of time.
“Would love to hear directly from Atkins, but all good chance of happening,” Balchunas posed.
Specifically, for them, XRP ETF holds an 85% chance of approval, placing it among the frontrunners for regulatory approval in 2025. Balchunas also shared a list outlining the approval probabilities for various spot crypto ETFs.
Bloomberg XRP ETF approval odds in 2025. Source: Balchunas on X
Meanwhile, Seyffart notes that delays in approval should not come as a surprise. He urges crypto market participants to hold out hope beyond October 2025 and year-end in the worst-case scenario.
“…Final deadlines for most of this stuff is in October 2025 or later,” Seyffart stated.
However, Balchunas acknowledges that Paul Atkins’s confirmation as the new SEC chair has set the ball rolling.
“…nothing was going to get approved until Atkins was confirmed…he just got confirmed and they’ve been taking outside meetings with people. Probably coming up with a strategy. After that, likely approvals,” Balchunas opined.
Crypto traders and investors would surely welcome more altcoin-based exchange-traded funds beyond the Ethereum ETF. Such financial instruments would give crypto more legitimacy, open the playing field for institutional participation, and, hence, increase liquidity.
A recent US Crypto News publication indicated growing adoption for BTC over gold, ascribing the traction to Bitcoin ETF inflows surging against lagging gold ETPs (exchange-traded products).
Despite the false claims, the approval of ProShares’ XRP futures ETF sparked optimism. Experts now predict that a spot XRP ETF could follow, potentially attracting $100 billion to the payments token.
“A spot XRP ETF could be next, unlocking real demand and sending prices soaring. $100 billion+ could soon flood into XRP,” wrote industry expert Armando Pantoja.
