Crypto
South Korea’s financial regulator folded token securities infrastructure into a broader overhaul of the country’s capital markets, alongside plans for faster settlement, longer trading hours and greater use of artificial intelligence.On Tuesday, the Financial Services…
Rising government bond yields signal a coming “structural” shift that will create a Bitcoin “supercycle” of rising prices, as investors flee debasing assets for one that cannot be inflated, according to Shang Wu, a senior research analyst at crypto exchange…
Ethereum co-founder Vitalik Buterin responded to growing criticisms of the Ethereum Foundation’s role in the Ethereum ecosystem, pushing back against critics who want the organization to take a more active role in supporting token prices and marketing.Buterin said the Foundation…
Cryptocurrency markets have recovered around $75 billion in total capitalization following a progress update on Saturday from US President Donald Trump on a peace agreement with Iran.Trump said a deal has been “largely negotiated” among the United States, Iran, and…
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023 class action lawsuit, filed by former customers of the defunct exchange.The plaintiffs allege that Fenwick…
Tom Lee’s BitMine faces about $7.3 billion in paper losses on its Ethereum treasury as Ether (ETH) traders weigh worsening sentiment, ETF outflows and a bearish chart setup pointing toward $1,600.Key takeaways:Bitmine keeps buying ETH even as its losses mount…
Senior officials at the Commodity Futures Trading Commission who raised concerns about prediction market companies were suspended, investigated and eventually pushed out of the agency.According to a New York Times investigation published Sunday, the officials had flagged concerns about Polymarket,…
Bitcoin (BTC) fell to $74,190 on Saturday, its lowest level in more than a month, despite pro-crypto Kevin Warsh being sworn in as Federal Reserve chairman a day earlier.BTC/USD daily chart. Source: TradingViewKey takeaways:Higher odds of a rate hike in…
A blockchain researcher has pushed back against growing criticism of the Ethereum Foundation, arguing that the organization is doing “exactly” what it was designed to do, which the critics keep getting wrong.In a post on X titled “Leave the Foundation…
An ongoing exploit is impacting StablR, resulting in the depeg of its Euro and USD stablecoins, while a compromised private key has been blamed, adding to a lengthening list of hacks and exploits this month. Blockchain security firm Blockaid reported…
About 70% of all wrench attacks, physical attacks against crypto holders and their families, carried out in an attempt to steal digital assets, occur in France, according to Bitcoin journalist Joe Nakamoto. There have been 41 crypto-related kidnappings in France so…
The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe.Bitcoin fell below the support zone on Friday, van de…
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market analyst…
A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions.The Coinbase premium has been mostly negative since late April, but it has fallen much faster over the…
US Securities and Exchange Commissioner Hester Peirce has told the crypto industry to cool its expectations about a potential “innovation exemption” to allow tokenized stock trading after a report earlier this week about what it could entail. Her comments were made…
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021.The planned deal was the largest-ever crypto merger at…
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