California Enhances Regulation of Bitcoin ATMs with Support from State Legislation
The city of Chico, California, is poised to implement stricter regulations on Bitcoin teller machines (ATMs), backed by recent state legislation aimed at curbing fraud and enhancing consumer protection in…
Donald Trump Jr. Set to Launch a Crypto Platform Challenging Traditional Banks
Donald Trump Jr. has unveiled plans to create a new decentralized finance (DeFi) cryptocurrency platform aimed at addressing disparities in banking access. This announcement marks a significant step towards challenging…
‘Crypto Advocates for Harris’ Gain Backing from Mark Cuban
As the 2024 presidential race intensifies, a group named ‘Crypto Advocates for Harris‘ is rallying support for Democratic nominee Kamala Harris, urging her to formulate a clear policy on digital…
Mox Bank Initiates Crypto ETF Trading in Hong Kong
Mox, a Hong Kong-based virtual bank subsidiary of Standard Chartered, has recently introduced crypto exchange-traded fund (ETF) trading services for its customers, marking a significant development in the region’s financial…
Binance Records $1.2 Billion in Inflows During Major Market Downturn, CEO Reports
On August 5th, amid a significant market downturn, Binance, the leading cryptocurrency exchange, experienced one of its largest trading days of 2024, with a staggering $1.2 billion in net inflows.…
Nasdaq Seeks Regulatory Approval to List Options for Spot Ethereum ETFs
Nasdaq has officially approached U.S. regulators with a proposal to allow options trading on spot Ethereum exchange-traded funds (ETFs), according to a regulatory filing dated August 6. This request specifically…
Crypto Coalition Advocates for Definitive Regulatory Framework from Biden Administration
A coalition of cryptocurrency firms has intensified calls for the Biden administration to establish a definitive regulatory framework for digital assets, emphasizing the potential economic and national security benefits for…
Ripple Labs Incurs $125M Penalty Following SEC Lawsuit, Judge Rules
A federal judge has imposed a $125 million civil penalty on Ripple Labs, concluding a significant legal battle with the U.S. Securities and Exchange Commission (SEC). The ruling by Judge…
Crypto Community Reacts to Kamala Harris’ Choice of VP Amid Uncertainty in Digital Asset Policy
As the 2024 presidential race heats up, Democratic presidential nominee Kamala Harris has chosen Minnesota Governor Tim Walz as her vice-presidential candidate. This decision has sparked various reactions from the…
Marathon Digital Holdings Boosts Bitcoin Portfolio by $124M in July
Marathon Digital Holdings, recognized as the world’s largest Bitcoin miner, is steadfastly expanding its Bitcoin reserves, aligning with its declared “full HODL” strategy. This approach, which stands for “hold on…
Transak Introduces Wire Transfers as the First US Crypto On-Ramp Option
Transak, a leading provider of Web3 payments infrastructure, has set a new precedent by introducing wire transfers as a fiat-to-crypto on-ramp for cryptocurrency users in the United States. This development…
Potential White Hat Hacker Involved in $9.8M ETH Exploit on Ronin Network
Ronin Network, a leading blockchain platform for gaming, reported a significant security breach resulting in the loss of approximately $9.8 million in Ether (ETH). This incident adds to a growing…
Euro Stablecoin Market Thrives Under New MiCA Regulations
The European Union’s comprehensive Markets in Crypto-Assets Regulation (MiCA) framework is progressively being implemented, reshaping the landscape for digital assets across the region. The first phase of this regulatory framework,…
Robinhood Halts 24-Hour Trading for an 8-Hour Period
The stock trading app Robinhood, known for its cryptocurrency-friendly platform, experienced an 8-hour suspension of its 24-hour market, executed through Blue Ocean ATS (BOATs), on August 6. This temporary halt…
U.S. Lawmakers Call for CFTC Action to Prohibit Betting on Presidential Elections
Five U.S. Senators and three Representatives have intensified their appeal to the Commodity Futures Trading Commission (CFTC) to enforce a ban on wagering activities related to the 2024 presidential election.…
Trump Advises Against Selling U.S. Bitcoin Holdings
In a recent dialogue with streamer and influencer Adin Ross, former President Donald Trump shared insights on the strategic importance of retaining the United States’ Bitcoin holdings. He emphasized the…
Europe’s Fourth-Largest Hedge Fund Invests Nearly $500M in Bitcoin ETFs, According to Filing
Capula Management, ranked as Europe’s fourth-largest hedge fund, has significantly invested in Bitcoin exchange-traded funds (ETFs), channeling nearly $500 million into this digital asset class, as revealed in recent public…
Arizona Primary with $1.3M Crypto Super PAC Funding Hangs in the Balance
After more than a week of counting ballots, the Democratic primary in Arizona‘s 3rd Congressional District is proving to be exceptionally tight and could potentially be decided by a single…
Justin Sun Refutes Liquidation Speculations During Market Unrest
Justin Sun, the founder of Tron and Huobi (HTX), has rebutted allegations suggesting that leveraged futures positions at HTX were liquidated during the recent sharp downturn in the market, asserting…
Robinhood Confirms Its 24-Hour Trading Service is Operational
Amid swirling rumors of a service disruption, Robinhood has confirmed that its 24-hour trading platform remains fully functional. This statement comes in response to multiple reports suggesting otherwise. Clarification Amidst…