Ethereum co-founder Vitalik Buterin discussed maintaining the protocol’s simplicity while introducing advanced feature integration. He said the reluctance to enshrine as little as possible on the protocols is “understandable and good.” In a September 30…
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX CEO. The DOJ submitted…
Nearly one year after the hack of the bankrupt FTX exchange, on-chain data shows that the attacker moved $10 million in Ethereum from a wallet associated with the breach. On-chain data showed that…
Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question to ponder, because there is little consensus on what deeper institutional participation means…
Exchanges and broker-dealers looking to lure customers will naturally take all reasonable steps to appear reputable and transparent. But some go much further and claim legal status that they do not rightfully possess….
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division,…
Even as the controversy over WorldCoin and biometric validation rages, the citizens of Buenos Aires will soon have access to a new digital identity service making use of blockchain. A pair of fintech…
Former FTX CEO Sam “SBF” Bankman-Fried will remain in jail at least until the start of his Oct. 3 criminal trial following an order from a federal judge. In a Sept. 28 hearing in…
Crypto exchange Kraken plans to diversify its assets with a bold venture into stock offerings. A new division of the firm, Kraken Securities, will offer trading of stocks listed in the United States…
United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler…
The United Arab Emirates (UAE) has clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis…
Bitwise Asset Management has filed an amended application for a spot Bitcoin exchange-traded fund (ETF), beefing it up with 40 pages of new text responding to the United States Securities and Exchange Commission’s…
The scandal enveloping New Jersey Senator Bob Menendez over his acceptance of bribes for political favors escalated Monday. Senator Menendez, the Democratic chair of the Senate Foreign Relations Committee, said he would not…
Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its…
The cryptocurrency market is entering a very interesting phase. Bitcoin halving, which is expected to take place in mid-2024, is an event that is increasingly capturing the imagination of investors. However, if history…
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against it, claiming that it assisted in the exchange’s alleged fraudulent activities. According to…