Author: Chris Smith
WisdomTree Launches a Debit Card Linked to its Onchain Money Fund
Reading Time: < 1 minute WisdomTree has announced that it will allow debit card holders to make direct purchases using its tokenized onchain money fund.
Crypto.com Sues SEC
Reading Time: < 1 minute Currency exchange Crypto.com has taken legal action against the US Securities and Exchange Commission (SEC), its Chair Gary Gensler, and its four commissioners.
Canary Capital Files Application for a Spot XRP ETF
Reading Time: < 1 minute Canary Capital, a firm specializing in crypto investments, has submitted a proposal to establish an exchange-traded fund (ETF) for XRP.
Hong Kong Plans to Approve More Crypto Licenses This Year
Reading Time: < 1 minute The Securities Futures Commission of Hong Kong has announced its plan to issue more licenses to cryptocurrency exchanges and digital asset firms operating in the region by the end of the year.
Judge Approves FTX Bankruptcy Plan
Reading Time: < 1 minute Jon Dorsey, the US bankruptcy judge, has given his approval to the reorganization plan for FTX.
NYDIG: Bitcoin Remains Best Performing Asset This Year
Reading Time: < 1 minute According to the New York Digital Investment Group, Bitcoin continues to be the top-performing asset of the year despite a relatively weak third quarter.
Coinbase Will Delist Unauthorized Stablecoins in EU to Comply with MiCA
Reading Time: < 1 minute Coinbase has announced its plans to remove any unauthorized stablecoins from its platform in the European Union (EU) by December. This move is in compliance with the EU’s Markets in Crypto Assets (MiCA) rules.
Market Update October 4
Reading Time: < 1 minute The past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minute J.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
Ripple and Mercado Bitcoin Will Make Crypto Payments Available in Brazil
Reading Time: < 1 minute Ripple has teamed up with a major cryptocurrency exchange in Brazil to launch cross-border payments fueled by cryptocurrency.
SEC Enforcement Director Gurbir S. Grewal Leaves Agency
Reading Time: < 1 minute Gurbir S. Grewal, the Enforcement Director of the Securities and Exchange Commission (SEC), will be leaving the agency after 21 years of service.
Hackers Steal $750M in Crypto in Q3 2024
Reading Time: < 1 minute The third quarter of 2024 saw a decline in the number of reported crypto hacks, but an increase in the amount of stolen assets.
Bitwise Files Application for XRP ETF
Reading Time: < 1 minute A recent filing for a Bitwise XRP exchange-traded fund (ETF) has been discovered on the State of Division of Corporations website.
US State of Ohio Could Accept Crypto for Tax Payments
Reading Time: < 1 minute An Ohio state senator, Niraj Antani, has proposed a bill that would mandate the acceptance of cryptocurrency by the state for the payment of taxes and fees.
Gemini Will Close All Customer Accounts in Canada
Reading Time: < 1 minute Gemini has recently announced that it will be closing all customer accounts in Canada by the end of the year.
Mango Markets Settles with SEC
Reading Time: < 1 minute After being charged with unlawfully selling MNGO tokens, Mango DAO has agreed to settle with the US Securities and Exchange Commission.
BlackRock’s Ethereum ETF Surpasses $1B
Reading Time: < 1 minute In a turnaround from six straight weeks of negative outflows, US-based spot Ethereum exchange-traded funds (ETFs) have recorded their highest weekly inflows since early August.
Dubai Tightens Crypto Marketing Regulations
Reading Time: < 1 minute Dubai’s crypto regulation just got stricter with the introduction of new Marketing Regulations for Virtual Assets and Related Activities 2024 by the Dubai Virtual Assets Regulatory Authority (VARA).
Kamala Harris: US Should Be Dominant in Blockchain
Reading Time: < 1 minute Harris stated that her administration would invest in biomanufacturing and aerospace, and continue to lead in areas such as AI, quantum computing, and blockchain.
PayPal Allows US Business Accounts to Buy, Sell and Hold Cryptocurrencies
Reading Time: < 1 minute PayPal has recently made a major announcement allowing businesses in the US to directly buy, hold, sell, and transfer cryptocurrencies, all from their business accounts.
BNY to Offer Custody Services for Crypto ETFs
Reading Time: < 1 minute BNY Mellon (BNY) is making progress in offering custody services for its clients’ Bitcoin and Ether ETFs.
TrustToken and TrueCoin Settle Charges with SEC
Reading Time: < 1 minute The SEC has announced that they have reached a settlement with crypto companies Trusttoken Inc. and Truecoin LLC regarding charges of fraudulent misrepresentations and unregistered sales related to the stablecoin trueusd (TUSD).
Crypto Firms Bitfarms and Riot Platforms Reach an Agreement
Reading Time: < 1 minute A joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.
Polymarket May Launch a Token
Reading Time: < 1 minute Polymarket is considering launching a token worth more than $50 million to support their crypto betting platform.
Transaction Fees on Ethereum Network Surge
Reading Time: < 1 minute The average transaction fee on Ethereum has increased in recent weeks.