Digital Asset

The Commodity Futures Trading Commission (CFTC) has found that the now-defunct crypto lender Celsius Network (CRYPTO: CEL) and its previous CEO, Alex Mashinsky, violated U.S. regulations prior to the company's collapse. If the CFTC's commissioners concur with these findings, a lawsuit could...

Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...

South Korea has given the green light to landmark legislation dedicated to digital assets, aiming to reinforce protection for investors. This comes in the wake of the dramatic collapse of cryptocurrencies developed by South Korean Do Kwon, which played a role in a global $2 trillion cryptocurrency...

The Monetary Authority of Singapore (MAS) has released a report outlining a proposed framework for the creation of open, interoperable networks for digital assets, such as tokenized real-economy and financial assets. The report, titled "Enabling Open & Interoperable Networks," was...

Digital asset mining company Hut 8 Mining Corp. (NASDAQ: HUT) announced on Monday it secured a credit facility of up to $50 million from Coinbase Global Inc.'s(NASDAQ: COIN) Coinbase Credit. The credit facility will be used for general corporate purposes, providing the...

Digital asset investment products have experienced their largest single-week inflows since July 2022, amounting to $199 million, according to a report. This surge has nearly offset the outflows observed in the previous nine consecutive weeks, Coinshares stated in a blog post. The report...

Cryptocurrency exchanges in Japan are rallying for the softening of restrictions on margin trading, despite the tumultuous crash of the global digital asset market last year. A considerable number of industry professionals are advocating for the authorization of retail investors to employ leverage...

Deutsche Bank AG (NYSE: DB) is taking proactive steps toward entering the digital assets space. What Happened: The Frankfurt, Germany-based investment bank formally requesting regulatory approval to provide custody services for cryptocurrencies and other digital assets. "We’re...

South Korean digital asset platform Delio announced a temporary halt on customer deposits and withdrawals, citing the need to safeguard client assets amidst the surging market turbulence and investor uncertainty. This makes Delio the second high-yield offering platform to suspend...

A former high-ranking official of the renowned South Korean crypto exchange, Coinone, conceded to allegations of accepting bribes for listing specific digital currencies. The ex-executive, referred to as "Mr. Jeon," was the previous listing director at Coinone, as per the local news...

The near-term outlook for cryptocurrency markets is limited, said analysts who highlighted low conviction and a challenging macro backdrop as factors hindering upside potential, according to a research report by Bank of America. In the report, analysts Alkesh Shah and Andrew Moss...

In a significant development, blockchain-based payment protocol firm Ripple announced on Wednesday the acquisition of Metaco, a Swiss crypto custody provider, for a deal worth $250 million. What Happened: In a statement, Ripple stated the acquisition of Metaco is set to...

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and Alameda Research while characterizing this as a "misleading narrative....

Amid a significant increase in crypto-related crime over the past four years, Eun Young Choi, the newly appointed head of the Department of Justice's (DOJ) cryptocurrency enforcement division, has pledged to fortify the crackdown on illicit activities in the digital asset sector. This...

In a new development, Linda Yaccarino, the newly appointed CEO of Twitter, has been spotted following the Shiba Inu (CRYPTO: SHIB) memecoin on the social media platform. The move has prompted speculation about Yaccarino's interest in the popular digital asset, adding a layer of intrigue to...