Category Archive: Cryptocurrency, No picture
SEC has the tools to provide clear guidelines but chose not to — Commissioner Hester Peirce
Key Takeaways Hester Peirce claims that the SEC should draw the lines on its jurisdiction and act within it. Gary Gensler doubles down on its standard answer on security tokens. Share this article The House Financial Services Committee conducted a hearing today with US SEC Chairman Gary Gensler and four other Commissioners: Caroline A. Crenshaw, […]
‘Diddy’ Combs, SBF share unit in Brooklyn jail
Key Takeaways Diddy and SBF are housed together in a Brooklyn federal jail unit designed for high-security needs. Both individuals face serious charges, highlighting the diverse legal issues within high-profile cases. Share this article Sean “Diddy” Combs, the hip-hop mogul and music industry entrepreneur, and Sam Bankman-Fried, the disgraced founder of the collapsed crypto exchange […]
Top finance leaders are finally allocating to crypto, says Bitwise CIO
Key Takeaways 70% of top financial advisors now own crypto in personal portfolios. Client allocations to crypto typically follow 6-12 months after advisors’ personal investments. Share this article Top financial advisors in the US are increasingly allocating to crypto assets in their portfolios, according to Bitwise CIO Matt Hougan. Speaking at Barron’s Advisor 100 Summit, […]
Oasys launches VersePort portal for easier blockchain gaming interactions
Key Takeaways Oasys launches VersePort portal to simplify access to ecosystem campaigns and activities. Major titles from SEGA and Ubisoft set to launch on Oasys blockchain platform. Share this article Gaming-focused blockchain Oasys has launched VersePort, a new portal site developed and operated by double jump.tokyo Co., Ltd. The platform aims to simplify access to […]
Kraken finalizes BCM buyout to expand European operations
Key Takeaways Kraken’s acquisition of BCM enhances its VASP capabilities in France and Poland. BCM clients will be able to access over 200 digital assets and enhanced security. Share this article Kraken announced Tuesday it has completed the acquisition of Coin Meester B.V. (BCM), one of the most respected registered crypto brokers in the Netherlands. […]
US Ethereum ETFs see largest single-day loss since late July as Grayscale Trust sheds $80 million
Key Takeaways Grayscale’s Ethereum Trust led the outflows with over $80 million withdrawn in one day. Bitwise’s Ethereum ETF was the only fund without outflows, gaining over $1 million. Share this article Over $79 million was withdrawn from nine US spot Ethereum ETFs on Monday, the largest single-day outflow since July 29, according to data […]
Polymarket explores token launch amid $50 million fundraising talks
Key Takeaways Polymarket is negotiating over $50 million in funding linked to a potential token launch. The platform has attracted nearly $1 billion in bets on the US presidential election. Share this article Polymarket is reportedly in talks to raise over $50 million in new funding, which is likely tied to a potential token launch, […]
Republicans urge SEC to drop SAB 121 crypto accounting rule
Key Takeaways Bipartisan congressional members request SEC to withdraw SAB 121. SAB 121 requires custodians to treat digital assets as liabilities, increasing costs. Share this article Republican lawmakers from both chambers of Congress have sent a letter to the Securities and Exchange Commission (SEC) urging the agency to rescind its special accounting rule for cryptocurrency […]
Celestia Foundation raises $100M in latest round, bringing total to $155M
Key Takeaways Celestia Foundation’s recent $100M funding round was led by Bain Capital Crypto. Celestia plans to scale block throughput to 1 gigabyte, aiming to exceed Visa’s capacity. Share this article The Celestia Foundation has announced a successful $100 million fundraising round, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, […]
Telegram to share user data with authorities in crime crackdown following CEO arrest
Key Takeaways Updated Telegram policies focus on curbing illegal activities, not affecting ordinary users. Telegram enhances search tool moderation but will share user data for legal requests. Share this article Telegram has announced it will begin sharing user data with authorities as part of a broader effort to crack down on illegal activities. The move […]
