Digital Asset

Raising concerns over the Securities and Exchange Commission's (SEC) handling of the digital asset landscape, the U.S. Chamber of Commerce, a major business interest group, is voicing criticism on behalf of digital asset detractors. The regulatory approach towards entities like Coinbase...

SEC Commissioner Hester Peirce cited the European Union's (EU) recently implemented Markets in Crypto Assets (MiCA) regulation as a potential blueprint for U.S. cryptocurrency rules. During a panel discussion at the Financial Times Crypto and Digital Assets Summit in London, Peirce acknowledged...

Grayscale Investments CEO Michael Sonnenshein is calling on the U.S. Securities and Exchange Commission (SEC) for more regulatory clarity, with the hope that the digital currency asset manager isn't banned from using Coinbase as its custodian. In a letter, addressed to SEC Secretary...

Fintech firm Digital Asset is launching the Canton Network, a privacy-enabled interoperable blockchain network aimed at offering decentralized infrastructure for institutional clients. The network's participants reportedly include BNP Paribas (OTC: BNPQY), Deloitte, Cboe Global Markets,...

FTX Group is attempting to recover nearly $3.9 billion in funds, consisting of cash and cryptocurrency, from the insolvent digital asset lender Genesis Global Capital LLC and its solvent affiliate, GGC International Ltd. The funds in question are linked to $1.8 billion in loans and $273 million in...

Popular cryptocurrency tracking firm CoinMarketCap is diving into the realm of reality TV with the launch of a new contest show called "Killer Whales." In partnership with Web3 entertainment company Hello Labs, the series takes cues from the popular show "Shark Tank" and aims to...

The Securities Commission of the Bahamas announced plans to strengthen its cryptocurrency laws in response to the collapse of cryptocurrency exchange FTX (CRYPTO: FTT), which had its headquarters in the Caribbean nation. The new bill will introduce measures on stablecoins, proof-of-work mining...

As cybersecurity becomes increasingly crucial in the digital age, cryptocurrency companies are offering substantial bug bounties to reward ethical hackers for discovering vulnerabilities in their systems. Here are the top three highest bug bounties paid by cryptocurrency companies, based on a...

Lawyers for Do Kwon, founder of the defunct crypto issuer Terraform Labs, have requested a U.S. court to dismiss charges brought against him by the SEC, citing lack of jurisdiction among other reasons, according to court filings from Friday. Kwon has been on the run since the collapse of his...

Some elements of this story were previously reported by Benzinga, and it has been updated. Bitcoin's (CRYPTO: BTC) value has been on the rise over the past several days, fueled by expectations of the upcoming halving and the possibility of a cut in the interest rate by the U.S....

Cryptocurrency exchange Bittrex Inc. is closing its operations in the U.S. The current regulatory climate renders it "unfeasible" and "economically unviable" to continue functioning in the country, Bittrex co-founder and CEO Richie Lai tweeted. Customers can withdraw their funds...

Deutsche WertpapierService Bank (Dwpbank), a provider of securities processing to approximately 1,200 banks in Germany, plans to launch a new platform called wpNex. This platform will offer Bitcoin access to all affiliated retail customers in the latter half of 2023. The innovative service will...

Investment in digital asset products recorded a minor outflow of $17 million last week, marking the fourth consecutive week of negative sentiment, according to Coinshares. The total volumes of investment products were low at $844 million for the week, which also reflects a similar situation for the...

Six major crypto projects raised a total of $301.9 million in February. That's a 34% increase from the previous month's fundraising amount, according to a report. These projects hope to expand infrastructure, scale services, and hire top talent, DeFi TVL aggregator DefiLlama...

The argument that cryptocurrencies are a viable alternative to fiat currency has been settled in the wake of the digital-asset sector's recent turmoil, with technology not being an alternative for "trusted" money, according to the Bank for International Settlements' Agustín...