After breaking above $1 billion for the third time ever, daily volume for CME Bitcoin futures has plummeted by roughly 50% for three consecutive days. Daily trade volume for Chicago Mercantile Exchange (CME)’s bitcoin (BTC) futures produced a new low for 2020 on Feb. 21, with $118 million worth of contracts changing hands on Friday. […]
Continue Reading
Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East without his permission. Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East […]
Continue Reading
Several entities with pending crypto ETF proposals in the U.S. give their thoughts as to why no such crypto product has yet passed the test with the SEC. Over the past several years, many entities have submitted proposals for regulated Bitcoin (BTC) exchange-traded funds, or ETFs in the United States. So far, the Securities and […]
Continue Reading
Despite the unregulated status of crypto in Cyprus, the nation’s securities regulator is promoting and adopting blockchain. The Cyprus Securities and Exchange Commission (CySEC) recently published a report discussing the ongoing activities of its Innovation Hub — a cooperative entity that was launched in October 2018 as a platform for engagement between CySEC and entities […]
Continue Reading
Riot Blockchain has opted to sell its new crypto exchange RiotX to focus on Bitcoin mining before halvening. Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving. According to an official announcement on Feb. 20, Riot has “opted to […]
Continue Reading
Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain, a new paper argues. Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain. Two Israel-based academics, Hada Jabotinsky […]
Continue Reading
Paxos, a New York-regulated financial firm and the issuer of Paxos Standard stablecoin, has launched its blockchain-based settlement platform with Credit Suisse and Instinet. Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform. After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has […]
Continue Reading
An anonymous VC has argued that evidence brought forward by the SEC could reveal the firm’s proprietary investment and custody strategies. Newly published court documents reveal that an anonymous venture capital firm identified as “Investor F” sought to have evidence redacted from the first court hearing for the dispute between the United States Securities and […]
Continue Reading
A New York judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. Following a two-hour hearing, a New York federal judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. On Feb 19, Judge P. Kevin Castel of the US District Court for the Southern District […]
Continue Reading
Enigma settled with the SEC for its unregistered ICO, agreeing to pay a fine and return investor funds. The U.S. Securities and Exchange Commission, or SEC, recently announced its conquest over yet another unregistered ICO from 2017. The SEC went after Enigma for its 2017 ICO, labeling the capital raise as an unregistered securities offering, […]
Continue Reading