Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
12.8.2024
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.”...
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
12.8.2024
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
12.8.2024
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power
Zcash founder joins Shielded Labs, pushes for hybrid PoS upgrade
12.8.2024
Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some
Crypto user fat fingers $90K fee for a $2K ETH transfer
12.8.2024
An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
12.8.2024
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with...
Venezuela blocks Binance, X amid presidential election dispute
12.8.2024
Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X
Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
12.8.2024
Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto,...
BOJ ex-board member says another rate hike unlikely this year
12.8.2024
The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March
Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade
12.8.2024
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including...
Expect Bitcoin ETF options to launch before 2025
12.8.2024
You can expect Bitcoin ETF options to begin trading in the United States before 2025