MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.
Posts published on June 13, 2024 go to media archive 2/4
Coinbase CEO Engages US Senators to Push Clear Crypto Regulations
Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the…
Analyst Predicts 35% Jump For Bitcoin In Next Step Of ‘Magic Bands’
Despite the price crash after rising to $69,000, the Bitcoin price remains in the game, with bulls continuing to hold up the support above $67,000. Bullish sentiment also continues to prevail, with the market still being fairly greedy amid…
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Bitoro launches perpetual futures on Injective protocol
The perpetual futures trading network is now available on five other ecosystems, including Avalanche, Base, Arbitrum, Optimism, and Mantle.
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge prover, Proof of SQL, under an open software license. The team says the release marks a notable…
Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000
At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June 11. Currently, Bitcoin is stable, trending above $67,000 and down despite gains on June 12. Still, even at this level, there are concerns because…
Taiwan establishes association to help crypto firms self regulate
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison.
Paradigm Secures $850 Million for Third Crypto Fund, Targets Early-Stage Projects
On June 13, the leading San Francisco-based crypto-focused venture capital firm Paradigm revealed it has secured its third fund, totaling $850 million, aimed at early-stage crypto projects. Paradigm Announces $850 Million Fund Established in 2018…
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by Electric Capital. The investment aims to enhance its modular infrastructure services across various blockchain layers, promising…
'Bitcoin is Exponential Gold', Says Fidelity’s Director of Global Macro
Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team. Timmer's comments were shared through a series of posts…
Paradigm raises $850M for third crypto fund
Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.
Memecoin Fight: DADDY Surpasses MOTHER Despite Insider Trading Activity Allegations
The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). The token, promoted by the controversial figure Andrew Tate, has gained traction, surpassing Iggy Azalea’s MOTHER. However, Tate is now accused of…
Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of…
President Biden announces picks for SEC, FDIC and Treasury leadership
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.
XRP Continues To Struggle Below $0.5, Ex-Ripple Director Reveals Why Price Action Remains Muted
It is no longer surprising that the XRP price movement has stagnated around $0.5 in the past few months despite various positive developments for Ripple. This lackluster price action has left many XRP investors feeling wanting, especially…
Okx Acknowledges Security Incident Involving Judicial Documents Forgery
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed…
Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
Chinese court sentences gang for money laundering using digital yuan
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
Solana Set For “A Major 53% Price Move,” Analyst Reveals Why
An analyst has explained how Solana could be setting up for a major 53% move based on a Symmetrical Triangle pattern forming in its price chart. Solana Has Been Travelling Inside A Symmetrical Triangle Recently In a new post on X, analyst Ali…
P2P.org partners with OKX to provide institutional staking services
The staking services company and validator reported that it reached $7.5 billion in total value locked in April.
SEC may receive ‘only a fraction’ of Terraform’s settlement
The U.S. SEC still has to queue up behind secured creditors to receive a payment from Terraform Labs’ multibillion-dollar settlement, if any.
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power…
Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market
SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer.
SEC chair sees spot Ether ETF S-1 approvals sometime in summer 2024
Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date.
Crypto for Advisors: Advisors and Crypto
In today's Crypto for Advisors newsletter, Adam Blumberg shares the key highlights and trends from the recent FA/RIA at the Consensus 2024 conference.
Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers
Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin.
EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA
The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation.