“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, on Friday, also published a no-action letter, giving certain software providers a way to connect users to regulated derivatives markets without […]
Stablecoin payments firm dtcpay announced today the formal completion of its $25 million Series A funding round, securing a strategic investment from Japan’s financial giant, the SBI Group. The capital raise, initially anchored earlier this year by Vertex Ventures Southeast Asia & India, concluded with SBI entering the fold through SBI Ventures Asset and the […]
Shark Tank host and veteran investor Kevin O’Leary said he’s convinced the Clarity Act will eventually advance in the Senate and could return as soon as the first quarter of next year. Speaking at the Avalanche Summit in New York on Thursday, O’Leary said he didn’t expect the bill to advance on Tuesday, when it […]
U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year to date, according to TradingView. Bitcoin is down nearly 12% […]
The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay, according to the Financial Times. The group, which calls itself “iamnotavillain,” posted the demand Wednesday alongside a countdown clock, […]
According to Brooks, the primary narrative is not today’s anticipated rate hike, but rather the additional policy tightening expected later this year. Warsh may therefore struggle to deliver a message that aligns with the aggressive pricing currently seen in the markets. “Tomorrow’s Fed meeting is a nightmare for Warsh. There’s no way he can live […]
The Senate’s failure to advance the Clarity Act on Tuesday was a major setback for the crypto industry’s push to lock market structure rules into law, but the reaction from industry leaders was notably measured. Crypto executives said the vote does not unwind the regulatory progress already underway at the SEC and CFTC, nor is […]
Investors were allocated about 19.7 billion MON, nearly 20% of the original supply. Those tokens were locked when Monad’s public network launched last November and begin unlocking after a one-year wait, followed by monthly releases over the remainder of a four-year schedule. That makes November the first point at which early investors begin receiving tokens […]
“We have collected full evidence of the content on X, all of which is fabricated rumors,” Lee said. “During daytime US time, we will file a police report and send a lawyer’s letter to X, demanding technical and data forensics.” Regarding unpaid staff, the founder of the Cayman Islands-based crypto exchange said, employee assets “are […]
The scale of the positioning is easier to see measured in tokens. About 2.77 billion XRP now sits in futures positions, up from closer to 2 billion earlier this summer and nearing the levels last seen when the token was worth several times more. The ledger is getting busier too. Nearly 50,000 addresses were active […]
Perpetual-futures volumes still run at a multiple of spot across most major tokens, while funding, positioning and liquidations set the tone intraday, he said Over the past 12 to 18 months, however, attention has moved from infrastructure toward applications and appchains that fit more familiar fintech and venture-capital frameworks, De Maere said. Fundamentals are starting […]
Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. That increase, which gives it the right to acquire IBIT shares at a later date at a set price, came as […]