Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
House Advances Landmark Crypto Legislation in Pre-Recess Push
Reading Time: < 1 minuteThe US House of Representatives passed three significant crypto bills on Thursday, overcoming earlier Republican resistance tied to CBDC concerns.
Ark Invest Offloads $13.3M in Coinbase Shares Amid Record Highs
Reading Time: < 1 minuteCathie Wood’s Ark Invest sold 34,207 Coinbase shares, valued at approximately $13.3 million, from its Next Generation Internet ETF (ARKW) on Tuesday.
UK Eyes Crypto Donation Ban Amid Fears of Foreign Interference
Reading Time: < 1 minuteThe UK government is considering a ban on cryptocurrency donations in political campaigns, warning that their anonymity could enable foreign meddling and illicit funding.
BigONE Exchange Hacked via Supply Chain Attack—$27M Drained from Hot Wallets
Reading Time: < 1 minuteCrypto exchange BigONE suffered a $27 million exploit after hackers executed a supply chain attack, bypassing security measures without directly compromising private keys.
House Revives Crypto Legislation, Setting Up Crucial Thursday Vote
Reading Time: < 1 minuteAfter a dramatic reversal, the US House has resurrected three key cryptocurrency bills, positioning them for a potential floor vote Thursday.
DOJ, CFTC Drop Probes into Polymarket After Compliance Review
Reading Time: < 1 minuteUS regulators have concluded their investigations into prediction market Polymarket without further action, sources told Bloomberg.
Kraken Debuts CFTC-Compliant Crypto Derivatives in US After NinjaTrader Buyout
Reading Time: < 1 minuteKraken has entered the US derivatives market with a new CFTC-regulated trading platform, marking a major milestone following its $1.5 billion takeover of NinjaTrader.
ProShares’ 2X Leveraged XRP ETF Clears NYSE Arca Listing Approval
Reading Time: < 1 minuteNYSE Arca has officially certified the ProShares Ultra XRP ETF (UXRP) for listing, as disclosed in a recent SEC filing.
Standard Chartered Rolls Out Institutional Crypto Trading with BTC & ETH Support
Reading Time: < 1 minuteStandard Chartered has expanded its financial services with a new institutional cryptocurrency trading desk, offering spot trading for Bitcoin and Ethereum.
Grayscale Eyes Public Markets with SEC IPO Filing
Reading Time: < 1 minuteGrayscale Investments has taken a key step toward going public, confidentially filing IPO paperwork with the SEC, the firm disclosed Monday.
Hungary Cracks Down on Crypto with Harsh Penalties for Unlicensed Activity
Reading Time: < 1 minuteHungary has introduced sweeping restrictions on cryptocurrency trading, including severe penalties for those using unlicensed exchanges or conducting unauthorized large transactions.
Coinbase Makes History: First Crypto Exchange to Hit $100 Billion Valuation
Reading Time: < 1 minuteCoinbase has shattered expectations, surpassing a $100 billion market cap for the first time as Bitcoin’s record-breaking rally supercharges demand for crypto equities.
Fed, FDIC, and OCC Outline Crypto Custody Rules for Banks in New Guidance
Reading Time: < 1 minuteUS banking regulators have clarified how traditional financial institutions can hold cryptocurrency on behalf of customers, stressing that existing safeguards apply.
Czech Central Bank Expands into Crypto with $18M Coinbase Purchase
Reading Time: < 1 minuteThe central bank bought 51,732 shares of Coinbase Global in Q2, now worth around $20 million.
Metaplanet Doubles Down on Bitcoin Bet with $94M Buy, Eyes 210K BTC by 2027
Reading Time: < 1 minuteMetaplanet, the Tokyo-listed firm that transitioned from hospitality to a Bitcoin treasury play, has made another major move—acquiring 797 BTC for $93.6 million in its latest accumulation push.
Bitcoin Smashes $120K as ETF Mania and Policy Hopes Ignite Rally
Reading Time: < 1 minuteBitcoin’s price skyrocketed to a historic $120,000 Sunday night, fueled by record-breaking ETF inflows and anticipation of pro-crypto US legislation.
BOE’s Bailey Takes Aim at Stablecoins, Calls Them a Threat to Financial Stability
Reading Time: < 1 minuteAndrew Bailey, Governor of the Bank of England, has raised strong objections against private stablecoins, labeling them a potential danger to the banking sector and sovereign monetary control.
Reserve Bank of Australia Ramps Up Wholesale CBDC, Stablecoin Testing with Major Players
Reading Time: < 1 minuteAustralia’s central bank is deepening its exploration of digital money, moving into live trials of wholesale CBDCs and stablecoins with industry partners.
Florida Cracks Down on Robinhood’s Crypto Pricing Claims
Reading Time: < 1 minuteFlorida authorities are taking Robinhood Crypto to task over what they allege are misleading claims about trading costs.
US Lawmakers to Debate Crypto Tax Framework as Three Key Bills Advance
Reading Time: < 1 minuteUS House of Representatives lawmakers will hold a hearing on cryptocurrency tax policy next week.
Bitcoin Breaks $117K as Institutional Demand Fuels Rally
Reading Time: < 1 minuteBitcoin reached a historic peak above $117,000 early Friday, extending its rally amid strong institutional inflows and favorable market conditions.
Ripple’s RLUSD Stablecoin Tops $500M Market Cap in Just 7 Months
Reading Time: < 1 minuteRipple’s dollar-backed stablecoin, RLUSD, has surpassed $500 million in market capitalization just seven months after launch.
New Zealand Bans Crypto ATMs in Crackdown on Money Laundering
Reading Time: < 1 minuteNew Zealand will ban cryptocurrency ATMs as part of a broader push to strengthen anti-money laundering (AML) and counter-terrorist financing (CFT) measures.
BlackRock’s IBIT Smashes Records with 700,000 BTC in Holdings
Reading Time: < 1 minuteBlackRock’s IBIT Bitcoin ETF has reached a staggering 700,000 BTC ($76 billion) in assets under management, cementing its dominance in the crypto ETF space.
South Korea Aims to Reverse 2018 Crypto Exclusion from Startup Benefits
Reading Time: < 1 minuteSouth Korea is reconsidering its 2018 classification of crypto firms by proposing to let virtual asset trading and brokerage providers register as official “venture companies”—a designation that grants tax breaks and government support.
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