Gary Gensler, SEC Chair, warns that thousands of crypto projects are likely to fail, citing their speculative nature and lack of solid foundation. SEC Chair’s Dire Crypto Warning: Thousands Will Fail Gary Gensler, the outgoing chair of the U.S. Securities and Exchange Commission (SEC), has issued a stark warning about the cryptocurrency industry, predicting widespread…
Trump’s first-day executive orders aim to dismantle Biden’s crypto policies, including SAB 121. Learn how this shift may redefine U.S. cryptocurrency regulation. The Trump administration reportedly plans to issue executive orders on its first day in office to dismantle Biden-era cryptocurrency regulations, signaling a shift in U.S. crypto policy. Key Crypto Regulations in Crosshairs According…
The SEC has postponed its decision on the Bitwise 10 Crypto Index ETF until March 3, 2025, citing the need for a thorough review. Learn about the proposal's implications for crypto ETF. SEC Postpones Bitwise 10 Crypto Index ETF Decision The U.S. Securities and Exchange Commission (SEC) announced a delay in its decision on…
Mosaic Exchange Ltd. and CEO Sean Michael fined $1.1M for crypto fraud. Learn about the CFTC case and investor protections. CFTC Acts Against Mosaic Exchange The Commodity Futures Trading Commission (CFTC) announced Monday that Mosaic Exchange Ltd. and CEO Sean Michael have been ordered to pay over $1.1 million in penalties following accusations of operating…
Treasury nominee Scott Bessent reveals up to $500K in BlackRock Bitcoin ETF investments, sparking debates about cryptocurrency's role in U.S. economic policy. Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in BlackRock’s bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT). This revelation, included…
Discover how Ishares’ Bitcoin ETF launch on Cboe Canada offers Canadian investors a simple and secure way to invest in bitcoin. Cboe Canada Welcomes Ishares Bitcoin ETF with Canadian and U.S. Dollar Listings Ishares, a subsidiary of Blackrock Asset Management Canada Limited, has officially introduced the Ishares Bitcoin ETF (IBIT) on Cboe Canada, marking a…
FDIC Vice Chairman Travis Hill condemns “Choke Point-like tactics” and vows crypto-friendly reforms, urging a new direction for the agency’s approach to digital assets. FDIC Vice Chairman Calls Out 'Choke Point-Like' Tactics Travis Hill, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), criticized the agency’s handling of digital assets and vowed to implement reforms.…
Alpen Labs raises $8.5M to develop Strata, a Bitcoin ZK Rollup platform. Strata offers scalable self-custody, private payments, and interoperability. Alpen Labs Strategic Funding Drives Strata Development Alpen Labs, a bitcoin infrastructure innovator, has raised $8.5 million in strategic financing to accelerate the development of its Bitcoin ZK Rollup platform, Strata. The funding round was…
Bitcoin hashrate drops by 44 EH/s as miners face declining profits. Learn about the challenges in maintaining profitability amid falling hashprice and transaction volumes. Bitcoin Hashrate Declines Significantly The computational power of the Bitcoin network, measured by its hashrate, has decreased substantially in recent days. From its peak of 824 exahash per second (EH/s), the…
NFT sales climbed 10.7% to $155M this week, with Base recording 219% growth. Explore top blockchains, collections, and the week’s priciest NFTs. Weekly NFT Sales Surge Despite Fewer Buyers Non-fungible token (NFT) sales climbed 10.7% over the past week, reaching $155.6 million, according to data from cryptoslam.io. Ethereum-based NFTs retained the top spot, contributing $61.64…