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May 8, 2024
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Grayscale withdraws its Ethereum futures ETF application

Grayscale has pulled its application for a Ether futures exchange-traded fund (ETF), just weeks before the SEC’s scheduled decision date. Here’s what happened:   Application Withdrawal […]
May 8, 2024
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FTX proposes ‘billions in compensation,’ but not everyone’s happy

FTX, the cryptocurrency exchange that collapsed in 2022, has unveiled a new proposal to compensate victims, promising to repay all creditor claims along with additional compensation […]
May 8, 2024
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Financial system ‘outdated’ but crypto is no fix either — US swing voters

A survey conducted by the Digital Currency Group and the Harris Group sheds light on swing state voters’ perspectives on the financial system and cryptocurrency.   […]
May 8, 2024
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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

Adam Todd, founder and former CEO of Digitex Futures Exchange, has pleaded guilty in federal court for failing to establish an Anti-Money Laundering (AML) program at […]
May 8, 2024
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Philosopher Yuval Noah Harari warns of AI’s risks in finance

During a speech at the Bank for International Settlements (BIS) Innovation Summit, author, philosopher, and history professor Yuval Noah Harari raised concerns about the uncontrolled integration […]
May 8, 2024
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WBTC thief spreads $71M loot across multiple crypto wallets

After six days of quiet, stolen crypto funds linked to a recent $71 million wallet impersonation scam are back in motion.   The Bait and Switch […]
May 8, 2024
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SEC’s Gary Gensler gets irked being asked about crypto

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), expressed exasperation with the disproportionate focus on crypto-related questions compared to traditional finance during […]
May 8, 2024
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SEC files final response in Ripple XRP case

Ripple Labs and the United States Securities and Exchange Commission (SEC) have moved forward in their legal dispute, reaching a pivotal stage as the SEC submits […]
May 8, 2024
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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Three prominent American sports figures have collectively agreed to pay $2.42 million to settle allegations related to their promotion of the failed cryptocurrency exchange Voyager Digital. […]
May 7, 2024
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SEC punts Invesco Galaxy spot Ethereum ETF decision to July

The United States Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s application for a spot Ether exchange-traded fund (ETF).   In a […]
May 10, 2024
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Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

Neel Somani, the founder and CEO of Ethereum layer 2 blockchain Eclipse, has announced his decision to “temporarily reduce” his public role within the company amidst […]
May 10, 2024
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Digital Currency Group first-quarter revenue jumps 51% despite GBTC outflows

Digital Currency Group (DCG) experienced a significant surge in revenue in the first quarter of 2024, driven by the recovery of crypto markets. The conglomerate reported […]
May 10, 2024
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Coinbase sees infinite interoperability potential with Ethereum and USDC

Coinbase is envisioning a future where a billion customers can safely and securely use decentralized applications (dApps) across millions of blockchains. The integration of the Ethereum […]
May 10, 2024
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BlockFi partners with Coinbase for fund distribution, shuts down web platfor

Bankrupt crypto lender BlockFi is in the final stages of winding down its operations. The company has announced its intention to close its web platform in […]
May 10, 2024
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SEC has taken ‘too expansive’ a view of crypto, says former commissioner

Former SEC Commissioner Troy Paredes raised concerns about the regulator’s expansive interpretation of digital assets as securities, suggesting it may be overreaching its jurisdiction. Speaking at […]
May 10, 2024
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Marathon Digital misses Q1 estimates on bad weather, utility failures

Bitcoin miner Marathon Digital faced a revenue shortfall in its first quarter 2024 results, attributing it to adverse weather conditions and equipment failures. Despite a significant […]
May 10, 2024
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Base set for ‘material share’ of SocialFi activity: Franklin Templeton

Trillion-dollar asset manager Franklin Templeton has identified the emergence of “Base Season” alongside the rise of Social Finance (SocialFi) applications, with Base positioned as a leading […]
May 9, 2024
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Rwandan central bank proceeds with ambitious retail CBDC project

The National Bank of Rwanda (BNR) has taken a significant step towards embracing digital currency innovation by initiating a feasibility study on a retail Central Bank […]
May 9, 2024
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Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’

During the Q1 earnings call, Robinhood CEO Vladimir Tenev expressed disappointment at the recent Securities and Exchange Commission (SEC) Wells notice, which targeted the firm’s crypto […]

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