Crypto asset manager Grayscale — which stewards over $43 billion in cryptocurrencies — has filed a lawsuit against the United States Securities and Exchange Commission (SEC) shortly after the federal securities watchdog tossed out its application to convert its flagship Bitcoin Trust into a bitcoin exchange-traded fund, or ETF. Grayscale Takes SEC To Court The […]

The Dubai-based, rapidly expanding cryptocurrency exchange XT.com is pleased to add the Cryptostone (CPS) token to its extensive trading platform. Additionally, CPS will be offered under the Main Zone with the trade pairs CPS/USDT and CPS/BTC. On June 29, 2022, at 11:00, CPS holders can begin depositing their tokens on XT.com (UTC). Trading will begin […]

Trouble keeps following Three Arrows Capital (3AC), as yesterday the British Virgin Islands court ordered liquidation of the crypto hedge fund. Now it’s a double-trouble situation with the Monetary Authority of Singapore (MAS) reprimanding the struggling 3AC for providing incorrect information. Singapore’s central bank and financial regulator called out troubled crypto hedge fund Three Arrows […]

Xchange Monster (MXCH) is a revolutionary crypto-gaming platform attempting to create an ecosystem catered to gamers and publishers. GameFi is still in its early stages of development, there are still areas where the sector could improve. Xchange Monster aims to create a platform that is simple to navigate and easily accessible. The platform will consist […]

Basel has published a second banking consultation that includes the risks of blockchain technology. Previously, it had made a series of recommendations related to losses from holding bitcoins. Global financial regulators are concerned about what is currently happening in the market and its impact on the financial system. The global Committee of banking regulators in […]

At a press conference on Thursday at 11 a.m., the FBI is likely to say that OneCoin creator Ruja Ignatova has been added to its list of the Ten Most Wanted Fugitive. A statement from the US Attorney for the Southern District of New York says that Ignatova “stole more than $4 billion from investors […]

Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of Q3, OP Crypto’s COO Lucas He said. OP Crypto, a cryptocurrency venture capital firm founded by former Huobi executive David Gan, is launching a new fund to support emerging fund managers focused on early-stage crypto […]

Blockchain tech is pushing the boundaries of ID management as governments look for scalable solutions that promote privacy, control and decentralized data management. The last 13 years have seen blockchain technology evolve into numerous use cases — finance, data, logistics and security, among others. However, the idea of using blockchain’s immutable capabilities to ID humans […]

Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium. On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital.  Group 1 digital […]

Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. dollar returns to multi-decade highs Data […]