ASX shareholder plans to sue former directors over failed blockchain project

Andre Cronje, Michael Kong and David Richardson stepped down from the Sonic Labs board on Friday, while Matt Visser has been appointed as CEO, replacing Mitchell Demeter who resigned in February.

US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000.

The move deepens BNY’s partnership with Circle and builds on the bank’s role as the primary custodian of USDC reserves.