Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
SEC Files a Lawsuit Against $650M Crypto Fraud Promoters
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.
Gemini Asks US Regulators to Not Ban Event Contracts
Reading Time: < 1 minuteGemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.
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.
Celsius Files a Lawsuit Against Tether
Reading Time: < 1 minuteCelsius has taken legal action against Tether for alleged misappropriation of assets.
Thailand Rolls Out a Regulatory Sandbox for Crypto Projects
Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.
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.
US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF
Reading Time: < 1 minuteAccording to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.
Singapore’s Regulator Grants a Payment License to BitGo
Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.
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.
Franklin Templeton Rolls Out its Money Fund on Arbitrum Blockchain
Reading Time: < 1 minuteFranklin Templeton has today announced the launch of its tokenized money fund on the Arbitrum network, as part of its efforts to bridge the gap between traditional and decentralized finance.
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.
IMF to Help El Salvador Reduce Bitcoin-related Risks
Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.
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 […]
Bitcoin Whales Accumulated BTCs During Market Crash
Reading Time: < 1 minuteBitcoin experienced a turbulent weekend, with prices falling to $49,000 on Monday after a rollercoaster of ups and downs.
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.
Valour Plans to Launch Crypto ETPs in Kenya
Reading Time: < 1 minuteValour has entered into a memorandum of understanding with the Nairobi Securities Exchange (NSE) and SovFi to enable the issuance and trading of digital asset exchange-traded products (ETPs) on the NSE in Kenya.
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.
Bitcoin ETFs’ Trading Volume Reaches $1B
Reading Time: < 1 minuteTrading activity for Bitcoin ETFs started strong on August 5, with trading volumes reaching over $1 billion in just 20 minutes.
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.
Inflows into Bitcoin ETFs Reach Highest Level in 3 Months
Reading Time: < 1 minuteOn August 2, the 12 bitcoin exchange-traded funds in the US experienced their largest outflow in one day since May 1, which was over 90 days (and 60 trading days) ago.
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.
Block’s Bitcoin-relate Revenue Reaches $2.6B
Reading Time: < 1 minuteIn the second quarter of 2024, Block Inc. reported a 9% growth in Bitcoin revenue compared to the previous year.

























