The Securities and Exchange Commission (SEC) may be reconsidering its legal battle against Ripple Labs, according to former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo. Speaking on Fox Business, Giancarlo suggested that the agency might abandon its...
Governor Shaktikanta Das of the Reserve Bank of India (RBI) continues to champion the country's Central Bank Digital Currency (CBDC), known as the Digital Rupee, positioning it as a crucial tool for addressing the risks posed by cryptocurrencies. ...
European alternative asset management company Samara Asset Group has announced plans to expand its Bitcoin treasury through a €30 million ($32.8 million) bond issuance. CEO Patrick Lowry revealed this in an X post on October 14, 2024. At...
The government of Palau, a country in the western Pacific Ocean, has introduced a prototype for a blockchain-based savings bond to boost domestic investment. The financial instrument, tagged “Palau Invest,” is reportedly part of the government’s moves to...
Bitget has announced that it will fully reimburse users affected by the sudden 50% drop in the value of its native token, BGB, which occurred on October 7, 2024. At around 3:45 a.m., the value of BGB plunged...
The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). According to data from Farside Investors, total...
Bitwise is reportedly preparing to file for an XRP exchange-traded fund (ETF) with Delaware's Department of State's Division of Corporations. According to Nate Geraci, a well-known cryptocurrency analyst, this move is a strategic political decision, likely timed to...
Gemini has announced its withdrawal from the Canadian market, giving users until December 31, 2024, to withdraw their funds. This decision comes in response to increasingly stringent regulatory requirements imposed by Canadian financial authorities aimed at enhancing oversight...
In September 2024, cryptocurrency platforms faced significant security breaches, resulting in losses of over $120 million from more than 20 hacks, according to blockchain forensic firm PeckShield. The attacks targeted both centralized and decentralized platforms, with exchanges like...
