Author: Tony Pearce
Coinbase to Launch a Tokenized Bitcoin
Reading Time: < 1 minuteCoinbase has hinted at the potential launch of a new product called cbBTC.
Coinbase Expands Services to Hawaii
Reading Time: < 1 minuteCoinbase has recently expanded its services to include Hawaii residents.
Coinbase Asks SEC to Reconsider DEX Rule
Reading Time: < 1 minuteCoinbase has urged the US Securities and Exchange Commission to scrap its proposed rule that would bring decentralized exchanges under its purview and start afresh.
Hong Kong’s Crypto ETFs Are Facing Obstacles
Reading Time: < 1 minuteAccording to Gary Tiu, Executive Director and Head of Regulatory Affairs at Hong Kong crypto exchange OSL, there is a systemic barrier hindering the growth of cryptocurrency spot exchange-traded funds in Hong Kong.
Ripple Starts Tests of its Stablecoin RLUSD on Two Blockchains
Reading Time: < 1 minuteThe payment network, Ripple, has started testing its stablecoin, Ripple USD (RLUSD), on two different blockchain networks.
Do Kwon’s Extradition to South Korea is Put Off Again
Reading Time: < 1 minuteThe extradition of Do Kwon, former CEO of Terraform Lab, to South Korea has faced yet another setback.
Grayscale Expands its List of Crypto Investment Products
Reading Time: < 1 minuteGrayscale has expanded its list of available investment products to now include Bittensor and Sui.
Bitstamp to Make Bitcoin More Accessible in Europe
Reading Time: < 1 minuteCrypto exchange Bitstamp has partnered with fintech platform Stripe to make Bitcoin and other digital currencies more accessible in Europe. Through this collaboration, announced on August 7, consumers in the […]
Hut 8 Hires a New CFO
Reading Time: < 1 minuteHut 8, an energy infrastructure company and miner of Bitcoin, revealed on Tuesday its upcoming addition of a new chief financial officer later this month.
Xapo Bank Launches an Interest-bearing BTC in the UK
Reading Time: < 1 minuteAfter successfully obtaining a banking license in Gibraltar, Xapo Bank has now launched its services in the United Kingdom.
Weekly Outflows from Crypto Investment Products Hit $528M
Reading Time: < 1 minuteGlobal investment products in the cryptocurrency market, managed by companies such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares, experienced net outflows of $528 million last week.
Singapore Grants HashKey Group’s OTC Trading Division a Payment License
Reading Time: < 1 minuteHashKey Group’s over-the-counter trading division has become the latest crypto company to be granted a payment license by the Monetary Authority of Singapore, under the Payment Services Act of 2019.
Morgan Stanley Plans to Allow its Clients to Invest in Bitcoin ETFs
Reading Time: < 1 minuteMorgan Stanley has announced that their advisers will now have the ability to offer bitcoin exchange-traded funds (ETFs) to their wealthy clients starting on Wednesday.
Bybit Ends Services in France
Reading Time: < 1 minuteCrypto exchange Bybit has announced that it will no longer be providing its products or services to users in France.
Ether ETFs Receive $26.7M
Reading Time: < 1 minuteDespite the fact that Grayscale’s Ethereum Trust has seen over $2 billion in outflows, daily net inflows into United States spot Ether exchange-traded funds have turned positive again.
Tether Posts $5.2B Profit in First 6 Months of the Year
Reading Time: < 1 minuteTether announced its latest quarterly attestation on Wednesday, revealing a record net profit of $5.2 billion for the first half of 2024.
DeFi Platform Wemix.fi Halts Lending
Reading Time: < 1 minuteWemix.fi, the decentralized finance platform for the cryptocurrency Wemix, has announced the temporary suspension of its lending and borrowing services on July 30.
SEC Thinks Solana is a Security
Reading Time: < 1 minuteThe US Securities and Exchange Commission has not explicitly classified Solana as a non-security, despite retracting its request for a court decision on the matter as part of its lawsuit against Binance on July 30.
Slovenia Releases First Digital Sovereign Bond in EU
Reading Time: < 1 minuteSlovenia has recently made history as the first European Union country to issue a digital sovereign bond.
SEC Greenlights Grayscale Bitcoin Mini Trust’s Trading
Reading Time: < 1 minuteThe United States Securities and Exchange Commission (SEC) on July 26 approved the listing of Grayscale’s newest exchange-traded fund (ETF) called Grayscale Bitcoin Mini Trust (BTC) on the New York […]
British FCA Fines Coinbase UK
Reading Time: < 1 minuteThe Financial Conduct Authority has imposed a fine of just over 3.5 million British pounds ($4.5 million) on CB Payments Limited, a subsidiary of Coinbase Group.
Spot Ethereum ETFs Trading Volume Exceeds $900M
Reading Time: < 1 minuteOn their second day in the US market, Ethereum ETFs collectively traded nearly $1 billion in volume.
Ether ETFs Lose $133M in Second Day of Trading
Reading Time: < 1 minuteOn their second day of trading, the nine US spot Ethereum exchange-traded funds experienced a reversal in flows, with $133.16 million in net outflows.
Miner Riot Platforms Buys Block Mining
Reading Time: < 1 minuteIn a $92.5 million transaction, Riot Platforms has acquired Block Mining, a bitcoin miner based in Kentucky.
Mt. Gox Transfers $2.5B in Bitcoin to an Unknown Address
Reading Time: < 1 minuteThe now-defunct crypto exchange Mt. Gox has recently transferred a total of 37,477 Bitcoin, valued at approximately $2.5 billion, to an unknown wallet address.
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Lido Staked Ether 
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