Category Archive: Cryptocurrency, No picture
Former crypto and cybersecurity enforcement chief exits SEC, shifts to private practice
Key Takeaways David Hirsh has left the SEC to join McGuireWoods’ securities practice. Hirsh’s experience at SEC will enhance McGuireWoods’ regulatory counseling. Share this article David Hirsch, who recently led the Securities and Exchange Commission’s Crypto Assets and Cyber Unit (CACU), has joined law firm McGuireWoods as a partner in Washington, D.C. Hirsch will be […]
Top 5 crypto PR agencies of 2024
Key Takeaways Emergencemedia.agency leads with over seven years of experience and a strong client success focus. Innovative strategies by top agencies like Guerrillabuzz and Coinband enhance crypto visibility. Share this article As the cryptocurrency and blockchain industries continue to experience rapid change, top crypto PR agencies have positioned themselves as some of the most influential […]
Bitwise expands to Europe with strategic acquisition of ETC Group
Key Takeaways Bitwise acquires ETC Group, adding $1 billion in assets and nine European-listed crypto ETPs. Acquisition increases Bitwise’s total assets under management to over $4.5 billion. Share this article Bitwise Asset Management has acquired ETC Group, a London-based crypto exchange-traded product (ETP) issuer with over $1 billion in assets under management. According to their […]
Solana funds see record $39 million outflows as meme coin volumes plummet
Key Takeaways Solana experienced record outflows of US$39 million amid a sharp decline in memecoin trading volumes. Bitcoin led inflows with US$42 million, while Ethereum saw US$4.2 million inflows despite mixed provider activity. Share this article Solana-focused crypto funds experienced record outflows of $39 million last week, coinciding with a sharp decline in meme coin […]
Tether to deploy USDT on Aptos blockchain
Key Takeaways Tether’s USDT will soon be available on the Aptos Network, enhancing blockchain utility. Aptos recorded a peak of 157 million transactions in a single day in May 2024. Share this article Tether announced Monday it is launching its USDT stablecoin on the Aptos Network. The move is part of Tether’s strategy to broaden […]
US federal agencies are planning to redefine ‘money’ to include crypto in reporting rules
Key Takeaways US agencies aim to treat cryptocurrencies as traditional money for reporting purposes. Final rulemaking on crypto as money expected by September 2025. Share this article Several top US federal agencies are collaborating to revise the definition of “money” to strengthen reporting requirements for financial institutions handling domestic and cross-border cryptocurrency transactions.The US Department […]
75% of circulating Bitcoin hasn’t been moved for six months: Glassnode
Key Takeaways 75% of Bitcoin has not moved in over six months, showing a strong holding pattern. Increased holding may reduce Bitcoin’s trading supply, potentially driving up prices, but CryptoQuant’s report suggests that Bitcoin could face a miner capitulation. Share this article Around 75% of circulating Bitcoin has stayed dormant for at least six months, […]
Optimism Foundation reverts to permissioned fraud proofs, announces hard fork
Key Takeaways Optimism reverted to permissioned fraud proofs due to vulnerabilities found in audits. A hard fork named “Granite” is scheduled for September 10 to update the Optimism network. Share this article Optimism has reverted its network to a permissioned state after community-driven audits identified several bugs in its recently launched permissionless fraud proof system, […]
Digital euro faces skepticism in Germany over privacy concerns
Key Takeaways Privacy concerns are the main barrier to digital euro adoption in Germany. ECB plans to introduce the digital euro with enhanced security features and offline capabilities. Share this article In Germany, skepticism toward the digital euro is mounting as the European Central Bank (ECB) approaches a decision on its implementation, slated for late […]
Franklin Templeton seeks approval for Bitcoin, Ether crypto index ETF
Key Takeaways Franklin Templeton’s new crypto index will track Ether and Bitcoin. The index may lead to future ETFs and investment products. Share this article Global investment firm Franklin Templeton has submitted an S-1 registration form to the US Securities and Exchange Commission (SEC) for a crypto index ETF that will track the performance of […]
