Author: Tony Pearce
Crypto Exchange BitMEX Releases a Memecoin Basket Index
Reading Time: < 1 minute BitMEX has launched a new product called the MEMEMEXTUSDT Basket Index Perpetual Swap Contract.
Court Approves Schedule for SEC’s Case Against Consensys
Reading Time: < 1 minute A judge in Texas has approved a schedule for the US Securities and Exchange Commission’s case against blockchain software company Consensys.
Bitfarms Mines 21% More Bitcoins in June
Reading Time: < 1 minute As Bitfarms faces a potential takeover bid from Riot Platforms, the company’s mining operations have been steadily recovering since the Bitcoin halving in April.
Circle Obtains MiCA License for its Stablecoins
Reading Time: < 1 minute Circle has now obtained an Electronic Money Institution (EMI) license, a necessary step in order to offer cryptocurrency tokens pegged to the dollar and euro in the European Union (EU) under the new Markets in Crypto Assets (MiCA) regulations.
Hawaii’s Crypto Companies Will Not Have to Obtain a Money Transmitter License
Reading Time: < 1 minute Hawaii has officially decided to exempt cryptocurrency companies from the need to obtain a Money Transmitter License (MTL) in order to operate in the state.
NFT Sales Plummet 44% in Q2
Reading Time: < 1 minute During the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minute A research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
VanEck Files Application for a Solana ETF in the US
Reading Time: < 1 minute VanEck, a leading issuer of Bitcoin exchange-traded funds (ETFs) in the US, has submitted a request for a new Solana ETF.
SEC May Approve Spot Ethereum ETFs Next Week
Reading Time: < 1 minute Reuters has reported that the Securities and Exchange Commission may approve spot Ethereum ETF applications by July 4.
Hacker Hacks Metallica’s X Account to Promote a Token
Reading Time: < 1 minute The official X account of heavy metal band Metallica was recently hacked.
Jump Crypto’s President Steps Down
Reading Time: < 1 minute Kanav Kariya, the current president of venture firm Jump Crypto, has decided to step down from his position after three years.
CoinStats Asks Users to Move Funds Following a Security Incident
Reading Time: < 1 minute CoinStats, a popular app for managing cryptocurrency portfolios across multiple chains, has issued a warning to its users who created a wallet through the app.
US Spot Bitcoin ETFs Lose $140M
Reading Time: < 1 minute There were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.
Consensys to Continue its Lawsuit Against SEC
Reading Time: < 1 minute Consensys Founder Joseph Lubin has stated that the company will continue with its lawsuit against the US Securities and Exchange Commission.
Bitwise Updates ETF Application with $100 Million Investment in the ETF
Reading Time: < 1 minute Asset management firm Bitwise has revised its registration statement for the spot Ether exchange-traded fund (ETF), which will potentially include a $100 million investment upon its launch.
SEC Drops its Investigation into Ethereum
Reading Time: < 1 minute Consensys has announced that the US Securities and Exchange Commission has concluded their investigation into Ethereum 2.0, which is seen as a significant victory for the blockchain industry.
Crypto Trading Company Cumberland Wins a BitLicense in New York
Reading Time: < 1 minute On Monday, Cumberland DRW announced that its New York-based entity had been granted a BitLicense by the New York State Department of Financial Services (NYDFS).
Tether Rolls Out a Gold-backed Stablecoin
Reading Time: < 1 minute Tether has announced the introduction of a new stablecoin called Alloy, which will be backed by gold and pegged to the US dollar.
Former House Speaker: US Should Use Stablecoins to Fight China
Reading Time: < 1 minute The impact of crypto policy on the 2024 Presidential race is becoming increasingly apparent.
Gensler: Ethereum ETF S-1 Approvals Will Take Place This Summer
Reading Time: < 1 minute US Securities and Exchange Commission Chairman Gary Gensler has provided an update on the expected timeline for the listing of spot Ether exchange-traded funds (ETFs).
Biden to Accept Crypto Donations in His Campaign
Reading Time: < 1 minute The Biden campaign is in talks with players in the cryptocurrency industry regarding the acceptance of crypto donations through Coinbase Commerce.
EU Innovation Hub: Crypto Make Funds Tracing Difficult
Reading Time: < 1 minute The EU Innovation Hub recently released a report on encryption.
Former Coinbase Executive Joins Uniswap Labs as Chief Legal Officer
Reading Time: < 1 minute Uniswap Labs has hired Katherine Minarik, a former legal executive at Coinbase, to serve as its new chief legal officer in anticipation of potential legal battles with government agencies.
Bitcoin’s Volatility is Approaching Record Levels
Reading Time: < 1 minute Bitcoin’s value remained mostly stagnant in the two weeks leading up to its sharp decline on June 7, reaching record lows in terms of volatility compared to any other 15-day […]
Binance Resumes Crypto Purchases Through Mastercard
Reading Time: < 1 minute Binance has once again made it possible for its customers to buy cryptocurrencies using Mastercard.