SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.
Decentral Block Post
FTX proposes ‘billions in compensation’ but not everyone’s happy
FTX’s latest proposal could repay as much as $16.3 billion to creditors, but some argue the plan still falls short of being fair.
Grayscale withdraws its Ethereum Futures ETF application
The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.
Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.
Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024.
Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains
ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”
SEC pushes back against Terraform’s claims fraud happened outside US
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
My traumatic Apple ID hack showed pitfalls of centralized identity
A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.
Did XRP price just bottom against Bitcoin?
XRP price has fallen over 14% year-to-date, pressured by Ripple’s ongoing legal battle with the SEC. So, a bounce is in order, analysis suggests.
New South Korean leadership will press for Bitcoin ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through — one way or another.
Crypto must adapt to laws, not the other way around — John Reed Stark
Former SEC official John Reed Stark has criticized claims that the agency is “regulating by enforcement” in a hearing before U.S. Congress.
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party.
EU crypto regulations undermined by lack of enforcement, say observers
The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.
Buy altcoins now, but sell before ‘mid-2025’: Charles Edwards, X Hall of Flame
Crypto analyst Charles Edwards believes we’ve entered “the 12-month window” to make altcoin profits: X Hall of Flame.
QANplatform launches world’s first quantum-resistant, EVM-compatible testnet
Quantum computers will be able to crack today’s main cryptographic algorithms employed by the whole internet, including banking applications, email providers and social media platforms.
Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs
Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000.
Hong Kong central bank forms community to explore assets tokenization
Regulators like HKMA and SFC united with local private sector firms like HSBC and HashKey to support the market of tokenization in Hong Kong.
Crypto options desk QCP Capital wins Abu Dhabi license: Report
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.
Leading Colombian bank launches crypto exchange and peso stablecoin
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.