crypto assets

Decentralized exchange KyberSwap publicly offered a 10% bounty to an unidentified hacker responsible for a cyber heist, in which funds worth over $50 million were siphoned off. The offer was communicated through a message from a contract deployer wallet associated with KyberSwap. The message...

In the cryptic realm of digital currencies, one enigma consistently captivated the collective curiosity of the crypto community: the untouched fortune of Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC). Nakamoto, who was credited with the development of Bitcoin and the...

Canadian regulators have initiated a consultation process focused on the public disclosure of crypto-asset exposures by federally regulated financial institutions (FRFIs). This development comes at a time when digital innovation is rapidly transforming the financial landscape. New forms of...

Santander Private Banking International is now offering affluent clients in Switzerland the opportunity to trade and invest in major cryptocurrencies. What Happened: According to CoinDesk, citing a memo, Santander — a division of the Spanish banking powerhouse Banco Santander — plans to...

From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts, according to CoinGecko. What Happened: So far this year, the crypto industry's lobbying spending in the U.S. is about $20.2 million, excluding fourth-quarter (Q4) figures....

A leading global standard-setter for securities market regulators, has released its highly anticipated Final Report with Policy Recommendations for Crypto and Digital Asset (CDA) Markets. This development marks a significant step in providing a coordinated global regulatory response to the evolving...

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam expressed concerns about the limitations of U.S. regulatory authority in preventing another major cryptocurrency market collapse similar to FTX’s downfall. Behnam's Remarks At Financial Markets Quality Conference 2023:...

The Chicago Mercantile Exchange (CME), a regulated entity, recently emerged as the foremost exchange for Bitcoin (CRYPTO: BTC) futures, surpassing Binance (CRYPTO: BNB) for the first time in two years. This shift is particularly noteworthy as the cryptocurrency sector continues to evolve, a topic...

In a move that signals growing institutional interest in cryptocurrency, BlackRock Inc. (NYSE: BLK), the global investment management colossus, has taken a step toward launching an Ether exchange-traded fund.  The firm submitted the required 19b-4 form late Thursday afternoon ...

In a significant development for the distressed crypto lender Celsius Network LLC (CRYPTO: CEL), a bankruptcy court has sanctioned its proposal to reorganize into a Bitcoin (CRYPTO: BTC) mining business owned by creditors. This strategy is designed as part of a comprehensive scheme to settle the...

Crypto exchange Binance (CRYPTO: BNB) on Wednesday introduced its self-custody Web3 Wallet, making a significant move in the cryptocurrency space. The announcement came during Binance Blockchain Week in Istanbul, emphasizing the wallet's ease of use and high security. This initiative is...

The digital asset landscape is at a pivotal crossroads, with the ethos of decentralized finance (DeFi) — privacy and decentralization — clashing with the growing demands for regulatory compliance. At Solana's (CRYPTO: SOL) Breakpoint crypto conference, Tommy Johnson and Taylor...

The trial of FTX founder Sam Bankman-Fried is another age-old story of a financial entity defrauding its users, according to Robinson Burkey of the Wormhole Foundation. The majority of the crypto industry will soon rejoice, Burkey predicts. “The majority of the crypto industry is going to be...

The U.K. Financial Conduct Authority (FCA) officially recognized PayPal (NASDAQ: PYPL) as a crypto service provider, as indicated on the regulator's portal. The approval, granted to PayPal UK on Tuesday, Oct. 31, allows the firm to partake in "certain cryptoasset activities."...

Since the U.K. introduced new promotional regulations for crypto assets on Oct. 8, there have already been 221 breaches by various crypto firms. That's according to the Financial Conduct Authority (FCA). Regulators intended for the new legislation to provide consumers with accurate...