US House Rejects SEC Rule on Cryptocurrency Custody.
In an impressive bipartisanship , the U. S. House voted for a resolution to disown a SEC rule that deals with the management of digital assets by the custodians of…
PoS Agents Laments As CAC (Corporate Affairs Commissions) Mandates Compulsory registration. Members Warns They will increase charges.
CAC said the registration aimed to safeguard the businesses of fintech’s customers and strengthen the economy. It gave July 7 as the deadline for the registration. The CAC issued a…
3 U.S. Sectors To Be Affected If BRICS Dump the Dollar.
The BRICS alliance is aiming to uproot the U.S. dollar’s global supremacy by promoting local currencies for trade settlements. BRICS wants to strengthen their native economies by cutting ties with…
Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash
The hacker who drained $125 million in crypto assets from Poloniex last year, has sent over 1,100 ETH to Tornado Cash.The hacker behind the attack on cryptocurrency exchange Poloniex in…
SEC Chair Blames Journalists For Asking Him About Crypto So Much.
Gary Gensler says it’s not the SEC, but journalists who seem way too focused on the crypto market. One of crypto’s most powerful government nemeses believes journalists question him about…
Susquehanna Invests $1.3 Billion in Spot Bitcoin ETFs
In an announcement on Tuesday, Susquehanna International Group, a major investment group with $481 billion under its management, has embarked on purchasing Bitcoin exchange-traded funds (ETFs). As stated in a…
FTX proposes repaying creditors in full, with extra compensation.
FTX, the recently collapsed cryptocurrency exchange, has proposed a payment plan to reimburse its creditors fully, and some of them will even get an add-on. The court has approved the…
Hong Kong Spot ETFs Ease US Outflow in Digital Assets.
Bitcoin had the largest outflow at $284M, while Avalanche, Cardano, and Polkadot saw inflows of $500K, $400K, and $300K, respectively. Hong Kong Spot ETFs Ease US Outflow in Digital Assets.…
Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
Fidelity’s FBTC led the way with $99 million in inflows, followed by Ark and 21Shares’ ARKB with $76 million. Grayscale’s spot Bitcoin ETF – GBTC – recorded its second consecutive…
Binance Says It Was Asked for ‘Secret’ Payment Over Nigeria Woes.
“As our employees were leaving the venue, they were approached by unknown persons who suggested to them to make a payment in settlement of the allegations” — Binance CEO, Richard…