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CFTC sues Cash FX in crypto-linked case
The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency.The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of…
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Researchers Propose Zcash-Style Privacy for Bitcoin Without a Soft Fork
The proposal separates spending and viewing rights, allowing users to share transaction details without exposing spending authority.
Researchers behind Alloc Init have…
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Hester Peirce to leave SEC
SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto…
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KelpDAO Sues LayerZero and CEO Bryan Pellegrino Over $292M Hack
Pellegrino rejected the civil claim, calling it meritless and saying that he would defend himself in Vancouver courts.
KelpDAO has filed a lawsuit against LayerZero and…
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Researchers Propose Zcash-Style Bitcoin Privacy Without Soft Fork
Researchers at the cryptography research firm Alloc Init have proposed a system for bringing Zcash-style private transfers to Bitcoin without requiring a soft fork. The proposal, called Shielded Bitcoin, would conceal transaction amounts,…
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Fed Sets Out Stablecoin Rules Under GENIUS Act
The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS Act.The GENIUS Act already requires stablecoin issuers to maintain…
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Schiff, Ackman, Hayes Can’t Agree Why
Key TakeawaysThe 10-year Treasury closed at 5.18% on Sept. 24, its highest close since July 2007.The MOVE index jumped from 76.2 to 104.6 in a week after the Fed’s Sept. 16 rate hike.Arthur Hayes says a MOVE reading above 130 would force a…
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Trump Administration Weighs Overseas Stablecoin Push
The Trump administration is reportedly considering an initiative to promote the use of dollar-backed stablecoins overseas as part of an effort to reinforce the US dollar’s position as the world’s reserve currency. Citing people familiar…
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Winners And Losers Of SEC’s New Tokenized Stocks Rules
“Tokenization is coming to America,” said Robinhood chief executive Vlad Tenev after the SEC announced its Innovation Exemption last week — and it seems the markets looked kindly on the development.BTC and ETH soared over 10%, and Uniswap’s…
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Malicious iOS App FomoPeek Linked to $580K Crypto Theft
A malicious iOS app distributed through Apple’s App Store has been linked to nearly $580,000 in stolen crypto after researchers found it contained multiple kernel exploits capable of escaping Apple’s sandbox and accessing sensitive wallet…
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