Tether Releases Letters Sent to US Senate Committee: Details
Tether, the company behind the largest stablecoin, has released the two letters it had sent to the US Senate Committee on Banking, Housing, and Urban Affairs and House Financial Services…
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SEC Denies Coinbase’s Rulemaking Petition, But Some Agency Commissioners Disagree
The United States Securities and Exchange Commission (SEC) has responded to Coinbase’s petition, seeking a tailored regulatory framework for the crypto market, stating that the rulemaking petition is “unwarranted.” However,…
Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds
A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will…
CoinList to Pay OFAC $1.2 Million in Settlement Over Allegations of Violating Sanctions
Cryptocurrency exchange and token listing platform CoinList agreed to pay the Office of Foreign Assets Control (OFAC) of the United States Department of Treasury over $1.2 million in settlement relating…
Popular Exchange Hosting 100K Ripple (XRP) Giveaway: Details
TL;DR Uphold is hosting an XRP giveaway to conclude 2023, offering 100,000 XRP to one winner and 1,000 XRP each to 25 participants. Eligibility requires a minimum of $20 in…
New Deadline Date for Invesco Galaxy’s Spot Ethereum ETF Revealed as SEC Postpones Decision
The US Securities and Exchange Commission (SEC) has extended its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) application by investment management company Invesco and…
Important Ripple (XRP) Update Four Months Before the SEC Trial
TL;DR Ripple’s New San Francisco HQ: Ripple opens new global headquarters in San Francisco, showcasing commitment to stay in the US amid its SEC legal battle. Legal Dispute with SEC:…
KuCoin to Exit New York and Pay $22 Million in Settlement Deal: Report
Major crypto exchange KuCoin has reportedly settled with New York authorities to stop offering its services in the local market, along with a payment of $22 million. The settlement deal…
Bitcoin (BTC) Price Remains Stable as November CPI Numbers Align with Forecasts
The Consumer Price Index (CPI), which indicates the general inflation rates in the United States, came out on December 12, showing a slight increase for November compared to the same…
Hashdex Forecasts US Access to Spot Bitcoin ETF by Q2 2024
The crypto industry is at an unprecedented inflection point, which could serve as a “generational investment opportunity” that will be fleeting as more institutions enter the space and network effects…
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