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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering


The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay...

Building a Yield Curve for Defi


While decentralized finance (defi) continues to innovate, it still lacks a critical component that has long been foundational in traditional finance: fixed-income products. I sat down for a great conversation with Jerry Li, co-founder and CEO of Term Structure, who introduced me to the idea...

Japan’s Financial Services Agency Includes Crypto in 2025 Tax Proposal


The Financial Services Agency has released its tax reform requests for fiscal year 2025, highlighting the need to consider the tax treatment of virtual currency transactions as financial assets. This marks the first time virtual currencies are mentioned in such requests. Industry groups have long...

Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy


Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths...

Dydx Introduces Major Chain Upgrade With New Features


Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market...

Infinity Hash: Innovating Passive Income With Bitcoin Mining


Bitcoin Mining Today: Challenges and Investment Choices Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge requirements can make it challenging to obtain a profit....

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