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With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case with cryptocurrency exchange Gemini, the company has sent $10 million in Bitcoin (BTC) to a super political…
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BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.On Thursday, BKX Services Inc. and David Namdar filed the complaint in…
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TL;DR Ethereum is trading near $1,920, testing the upper boundary of its price channel. Previous encounters with this resistance have been followed by profit-taking and short-term corrections. The Fund Market Premium remains…
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SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that actively manage user assets require regulatory compliance.In a statement…
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Security researchers point to missing validation checks as the key factor that allowed liquidations to occur almost instantly. Balance Coin (BLC) collapsed by over 99%…
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Key TakeawaysSota Watanabe urged Japan to cut the 55% tax rate on DeFi yields to keep local liquidity from moving offshore.The JBA seeks to build on Japan’s 20% spot crypto tax by extending separate taxation to staking and on-chain…
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Ethereum (ETH) has gained 8.8% in a week as…
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The biggest meme coin, like many other leading cryptocurrencies, has been underperforming over the past several months, with its price down 73% on a yearly scale. And while the bear market remains persistent and could linger a bit longer,…
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The market could be on the verge of its biggest divergence this cycle. Pantera Capital, in partnership with S&P Dow Jones Indices, has launched the first-ever S&P Digital Asset Index, featuring a basket of 18 cryptocurrencies.…
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Lawmakers in the US House Committee on Agriculture’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing on how the Commodity Futures Trading Commission (CFTC) could address oversight of prediction market…
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