Over US$3.58 mln CryptoPunks change hands, as it leads NFT sales for second straight day
The iconic CryptoPunks collection tops daily NFT sales, while owner of the $24 million #5822 CryptoPunk announces sale.
Philippines adopts USDT for social security payments
Filipinos now have the option to use cryptocurrency for SSS contributions.
Coinbase sues SEC and FDIC for clarity on crypto rules
Cryptocurrency exchange Coinbase takes legal action against U.S. regulators for transparency and fair regulation.
Consensys persists in SEC lawsuit for crypto clarity
Ethereum firm Consensys continues its legal battle with the SEC for clear crypto regulations, despite the regulator ending its Ethereum 2.0 probe.
Ethereum’s price soars as SEC probe concludes
Ethereum’s market value rises following SEC’s decision to end its investigation, boosting investor confidence.
SEC crypto enforcement chief resigns, shuts down Pump.Fun rumors
David Hirsch, the SEC’s crypto unit leader, steps down amid heightened scrutiny on cryptocurrency regulation.
Ripple challenges SEC’s US$2 bln fine, cites Terraform precedent
Ripple Labs Inc. seeks a reduced fine from the SEC, arguing for a penalty similar to Terraform Labs’ settlement.
SEC chair Gensler cautions crypto exchanges on enforcement
SEC Chairman Gary Gensler warns that crypto exchanges are still liable for enforcement actions despite making risk disclosures to investors.
NodeMonkes leads NFT sales for second time this week
NodeMonkes tops daily NFT market with almost US$1 million in sales.
SEC to reimburse US$1.8 mln after failed crypto lawsuit
Judge orders SEC to pay legal fees in dismissed DEBT Box case.
JPMorgan questions SEC’s crypto ETF expansion plans: The Block
JPMorgan casts doubt on the likelihood of further SEC approvals for crypto ETFs after Ethereum ETF nod.
House members urge SEC to approve Ethereum ETFs
Bipartisan lawmakers call on SEC for consistent crypto ETF standards as decision looms.
SEC’s Gensler criticizes crypto regulation bill ahead of vote
SEC Chair Gary Gensler has expressed strong opposition to the FIT21 Act, a bill set to regulate digital assets, citing concerns over investor protection.
Ethereum ETF approval likelihood increases with SEC’s positive signals
Ether’s value surges as analysts suspect SEC may be leaning to ETF approvals.
XRP Ledger doubles transactions in Q1 amid SEC case
XRP Ledger sees a 108% transaction surge in Q1 2024, despite SEC legal woes.
CryptoPunks leads NFT sales for the second straight day
The iconic CryptoPunks collection tops daily NFT sales, but this isn’t enough to keep Ethereum above Bitcoin.
Robinhood to challenge SEC’s notice over crypto operations
Robinhood’s digital assets division becomes the SEC’s latest legal opponent.
SEC has been investigating Ether’s security status since 2018: report
Consensys lawsuit unveils SEC’s internal suspicion of Ethereum as a security, challenging prior CFTC commodity designation.
Consensys files lawsuit against SEC over Ethereum status
Software firm Consensys seeks court ruling to stop SEC from classifying Ethereum as a security.
SEC expected to deny Ethereum ETFs: Reuters
The SEC signals a cautious crypto stance, likely rejecting Ethereum ETFs and delaying Bitcoin ETF options.
SEC postpones Ethereum ETF decisions
The SEC extends review of Ethereum ETFs and requests public comments on BlackRock’s proposal, casting uncertainty on May approvals.
Ripple contests SEC’s US$2 bln fine, suggests US$10 mln
Ripple challenges SEC’s penalty, arguing for a reduced $10 million fine in a legal dispute.
Tether expands into new sectors amid regulatory watch
Tether diversifies into data, finance, power, and education sectors, aiming for innovation and empowerment.
Agora secures US$12 mln for new stablecoin AUSD
Agora’s AUSD stablecoin launch attracts $12M in seed funding, signaling strong market confidence.
JIGO leads NFTs for the second straight day with $1.64 million in sales
Bitcoin’s JIGO BRC-20 NFTs see a slight uptick in transactions amid market dip.
SEC demands US$2 bln from Ripple Labs
The SEC seeks a $US2 billion penalty from Ripple Labs in a landmark case.
DeFi group, apparel company sue SEC over crypto token classification
The DeFi Education Fund and Beba challenge the SEC to clarify the status of their $BEBA token as non-security.
Morph EVM firm secures US$20 mln in funding
Singapore-based Morph EVM raises US$20 million to enhance layer 2 blockchain technology.
SEC subpoenas linked to Ethereum Foundation stir security classification speculation: Fortune
The U.S. Securities and Exchange Commission intensifies its scrutiny on the Ethereum Foundation through subpoenas, igniting debates over Ether’s classification and casting doubt on spot Ether ETF approvals.
Senators urge SEC to halt crypto ETF approvals amid concerns
U.S. Senators Jack Reed and Laphonza Butler have expressed concerns over the approval of crypto ETFs beyond Bitcoin.
MetalCore game secures US$5 mln for development
Studio 369’s blockchain-based game MetalCore receives fresh funding to enhance AI-driven features and ecosystem.
Ethereum ETF approval odds drop as SEC remains silent
Analysts lower expectations for a spot Ethereum ETF approval by May.
SEC Chair Gensler remains silent on Ethereum’s status amid ETF reviews
Gary Gensler, SEC Chair, avoids commenting on Ethereum’s security status as the agency reviews spot ETF applications.
SEC commissioners criticize unclear crypto enforcement after ShapeShift settlement
Two SEC commissioners express concerns over the agency’s ambiguous approach to cryptocurrency regulation following a recent settlement with ShapeShift.
SEC presses court over Binance.US compliance issues
The SEC alleges Binance.US has not fully complied with information requests regarding customer assets.
EigenLayer’s DeFi TVL hits $10 billion, secures major deal
EigenLayer’s total value locked reaches $10 billion, flipping Maker to become the third-largest DeFi protocol.
Court rules ‘certain’ crypto as securities in Coinbase insider trading case
A U.S. judge’s ruling classifies crypto assets traded in secondary markets as securities.
SEC’s Hester Peirce calls for clear crypto regulation
SEC Commissioner Hester Peirce urges for sensible crypto regulation to support innovation and protect U.S. industry interests.
SEC scrutinizes Terraform Labs’ US$166 mln legal retainer
The financial watchdog contends the payment may be intended to avoid future judgments and should instead aid investors and creditors.
Polygon-founded Avail secures $27M in seed funding
Avail, a Web3 infrastructure project, has raised US$27 million to develop its core products aimed at enhancing blockchain interoperability and scalability.
SEC sued over crypto regulation authority
Crypto group and digital asset firm challenge SEC’s authority in Texas lawsuit.
SEC’s crypto enforcement lawyer joins private law firm
Former SEC attorney Ladan Stewart transitions to White & Case, a firm known for defending crypto companies.
MetaMask boosts security with Blockaid’s privacy module
MetaMask partners with Blockaid to enhance security for over 30 million users.
Solana’s second smartphone hits 100,000 pre-orders
The blockchain company’s latest mobile venture for a US$450 pre-order price per phone brings in US$45 million for Solana.
SEC postpones verdict on Grayscale’s spot Ether ETF
Ether ETF hopefuls on hold as SEC postpones decision.
SEC delays Fidelity’s Ethereum ETF decision
Fidelity’s bid for a spot Ethereum ETF hits a snag as SEC delays decision.
Solana to launch second crypto smartphone
Solana Mobile hints at second smartphone following surprise success of Saga.
Crypto milestone: SEC approves spot Bitcoin ETFs
SEC’s landmark decision approves 11 Bitcoin ETFs, heralding a new era for digital asset investments.
SEC decision looms: Cboe pushes for Bitcoin ETFs
Cboe appeals to SEC for fast-tracking Bitcoin ETFs.
SEC’s cybersecurity in question after ETF tweet blunder
Following a misleading tweet about Bitcoin ETFs, Senators Vance and Tillis demand answers from the SEC regarding its cybersecurity measures.
Bitcoin ETF applicants make swift amendments to filings following SEC’s response
Imminent SEC decision on Bitcoin ETFs could mark a watershed moment for crypto, spearheaded by industry giants BlackRock and VanEck, reshaping the investment world.
Upbit Singapore secures coveted MPI license
Upbit joins 15 other crypto firms permitted to provide digital payment token services in Singapore.
SEC’s Gensler warns of crypto risks amid Bitcoin ETF buzz
SEC Chair Gary Gensler cautions about cryptocurrency volatility, highlighting investor protection concerns, as his agency nears a decision on spot Bitcoin ETF applications.
FTT up 65% after SEC’s Gensler hints FTX restart
FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.
SEC in talks with Grayscale for Bitcoin ETF: CoinDesk
The SEC has reportedly been in contact with Grayscale since its court victory in August.
Bitcoin breaks US$36,000 as SEC enters potential ETF approval period
Bitcoin is up over 32% in the past month.
HSBC plans tokenized securities custody service with Ripple’s Metaco
HSBC’s new service is expected to launch in 2024.
PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen
The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.
Prosecution winds up case against Bankman-Fried ahead of six-day pause in trial
FTX’s former general counsel Can Sun testified he was “shocked” by $7 billion in missing customer funds as the prosecution’s case starts to draw to a close.
Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
FTX collapse helped the evolution of crypto regulation, says Bahamas securities regulator
FTX’s collapse and the crypto winter helped regulators familiarize themselves with the rapidly evolving crypto industry, said Christina Rolle of the Bahamas Securities Commission.
ESMA publishes second MiCA consultation paper
The European Securities and Markets Authority (ESMA) is seeking feedback on the second consultation paper on the Markets in Crypto-Assets (MiCA) bill, published on Thursday. See related article: Binance ICO raised less than US$5 mln: Forbes Fast Facts See related article: What Europe’s new spot Bitcoin ETF means for global markets
Sam Bankman-Fried committed ‘massive fraud,’ says prosecutor in opening statements
Prosecutors allege the founder of the failed FTX cryptocurrency exchange had a reputation that was “built on lies” as hotly awaited trial begins.
XRP up over 4% after judge denies SEC’s interlocutory motion
The XRP token rose 4.42% after a federal judge denied the U.S. Securities and Exchange Commission’s (SEC) motion to overturn its recent loss against Ripple Labs. XRP traded at US$0.5308 at 2:45 p.m. in Hong Kong on Tuesday, according to CoinMarketCap data. See related article: HK’s SFC & US SEC crack the whip as Blockchain […]
Philippines no plans to mirror U.S. SEC’s ‘crypto crackdown’, to publish crypto framework by H1 of 2024, says securities regulator
The Philippine Securities and Exchange Commission delayed the publishing of a crypto framework earlier this year citing the FTX collapse in late 2022 as the reason.
SEC Chair Gensler faces bipartisan backlash over strict crypto regulations
Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.
Top 10 cryptos mixed, SEC again delays decision on Ark Invest ETF filing
Toncoin led losses among top 10 cryptos. Bitcoin dropped while Ether rose marginally.
SEC has lost again. What’s next for digital assets?
With winds in its legal sails, crypto is now poised to evolve into a complete economy with its own financial products and capital markets. The question is when.