B Editor Crypto will be the real winner on November 5, Coinbase’s top lawyer says. However, few doubt that crypto is an election issue. Coinbase Chief Legal Officer Paul Grewal is betting that the next set of elected lawmakers will be crypto-friendly, regardless of who wins the US election. “We’re going to see a pro-crypto Congress emerge … Read more
Bitcoin’s price followed global assets in a fall similar to the market’s crash on August 5. More market detours are on the horizon as the Fed anticipates a rate cut this month, analysts say. Over the past 24 hours, bitcoin has been weighed down by a broad swath of technology stocks and other assets, briefly … Read more
The former president’s new crypto project is a lending and lending platform, according to CoinDesk. A VC collective asked how to “stop the launch of World Liberty Coin.” For weeks, crypto has been in the dark about the details of former President Donald Trump’s upcoming DeFi project. On Tuesday, a CoinDesk Report The World has … Read more
Spot Ethereum ETFs have seen $476 million in outflows since launch.Bloomberg Intelligence ETF analyst Eric Balchunas said he could see “light at the end of the tunnel,” meaning the outflows will soon taper off. Spot Ethereum exchange-traded funds had a brutal first month. Unlike the kick-start crypto rally pundits expected, spot Ethereum ETFs lost $476 … Read more
North Korean hackers are targeting crypto ETF issuers, according to the FBI. The FBI has “identified a long list of potential targets,” a security researcher told News. North Korean hackers have long targeted crypto companies due to the irreversibility of blockchain-based transactions. Because once the crypto is in the hacker’s wallet, no bank or government … Read more
The SEC has filed a lawsuit against crypto hedge fund Galois Capital, alleging that Galois did not use qualified custodians to protect its investors’ assets. The Securities and Exchange Commission has settled a lawsuit with defunct crypto hedge fund Galois Capital. agency Said Today Galois failed to comply with regulatory requirements by placing some of … Read more
TON Ventures has announced a new accelerator program. The scheme will invest $2.5 million in five startups building on the TON blockchain. The launch comes after the arrest of Telegram’s CEO sent Tokencoin down 22%. TON Ventures has chosen an unusual time to launch its newest $2.5 million accelerator program. Designed to attract developers on … Read more
said Binance CEO Richard Teng, an executive serving a prison sentence in Nigeria. Teng called for the release of Tigran Gambarian. Gambarian has been detained in Nigeria since February 26. Binance CEO Richard Teng on Monday condemned Nigerian authorities in a courthouse after a video surfaced online showing him refusing to help Tigran Gambarian. “This … Read more
Since the success of spot bitcoin ETFs, some investors are hoping Solana could be next. However, there is no regulated futures market in Solana and there is little investor demand. Here’s what investors really want from ETFs. Spot bitcoin and ethereum exchange-traded funds have been a resounding success — and fueled speculation about which cryptocurrency … Read more
A version of this article appeared in Us Decentralization Newsletter on September 03. Sign up Here. GM, Tim Here. Here’s what caught my DeFi-eye recently: Polygon’s MATIC token is getting a new name. Cardano’s Chang hard fork goes live.MakerDAO’s Sky rebrand sparks controversy. MATIC migrates Polygon’s $3.7 billion token is getting a new name. On … Read more
Dan Wu says blockchain companies don’t make good games. Investors are flocking to Web3 gaming ventures despite the lack of hits. Black Myth: Wukong is so hot right now, you can play it in Chinese nightclubs. Dan Woo doesn’t like web3 games. The CEO of Hero Games and an early investor in Game Science — … Read more
Index provider CF Benchmarks has partnered with exchange giant Nasdaq for spot options. These options complement spot bitcoin ETFs. It is also easy to access for retail investors. Nasdaq’s recent application to list and trade bitcoin options is further proof that investors want exposure to cryptocurrency. Retail customers are getting more choice after the successful … Read more