Anton and James Peraire-Bueno, two brothers indicted for their alleged role in money laundering and fraud involving a $25 million exploit of the Ethereum blockchain, could face a second trial as early as February. In a Monday filing in the US District Court for the Southern District of New York, lawyers representing the US government … Read more
Bitcoin (BTC) bulls pushed the price above $105,000 on Wednesday, but the bears pounced on the rally and pulled the price below $102,000. That shows the bears are not willing to relinquish their advantage. Morgan Stanley Wealth Management investment strategist Denny Galindo has turned cautious on the BTC rally. In a podcast episode titled Crypto … Read more
Shares of Leap Therapeutics (Nasdaq: LPTX) surged more than 170% in early trading on Wednesday after the company announced a shift to a crypto treasury strategy. The company announced its rebranding as Cypherpunk Technologies (Nasdaq: CYPH) and adoption of a digital asset treasury strategy focused on Zcash (ZEC), the native token of the Zcash protocol. … Read more
US Securities and Exchange Commission Chair Paul Atkins spoke on how the regulator would handle enforcement of digital asset fraud under its “Project Crypto” initiative and legislation pending in Congress. In prepared remarks for a speech on Wednesday at the Federal Reserve Bank of Philadelphia, Atkins provided details about the agency’s plans to modernize its … Read more
US stock markets soared on Wednesday as investors anticipated the upcoming US House vote on a bill to end the government shutdown. Bitcoin (BTC), on the other hand, fell from an intra-day high of $105,300 to a weekly low near $101,200, marking a 3.4% decline. Key Takeaways: Bitcoin dropped 3.4% amid renewed flows into equities … Read more
Franklin Templeton has expanded its tokenization and investor platform, Benji, to the Canton Network, marking another step in the growth of institutional blockchain infrastructure for tokenized investment products. The integration, announced Wednesday, connects Franklin Templeton’s proprietary Benji Technology Platform to Canton, a blockchain network designed for regulated financial institutions. The move enables Benji’s tokenized assets, … Read more
Michael Saylor’s Strategy has seen its dominance among corporate Bitcoin holders decline in October amid slower purchases and a growing number of companies adding crypto to their treasuries. The company still leads as the largest Bitcoin (BTC) treasury holder with 640,808 BTC as of Oct. 31, though its share of total corporate holdings has slipped … Read more
Crypto market observers are preparing for price movements as the historical US government shutdown seems within sight. The US government is still technically shut down as of publishing time, but a continuing resolution that would fund critical government services through January has made its way from the Senate to the House of Representatives. The shutdown … Read more
XRP’s (XRP) price fell 44% to $2.06 from its multi-year high of $3.66 reached on July 18, before recovering to current levels around $2.43. Is it finally headed for a deeper correction, or is there a more substantial rally in the cards? Key takeaways: XRP’s macro outlook is bullish, with some predictions calling for a $30 top. … Read more
A security research team at the major crypto exchange Bybit has identified 16 blockchain networks that are technically capable of freezing or restricting user funds. Bybit’s Lazarus Security Lab on Tuesday released a report examining the impact of the fund freezing ability across multiple blockchains, analyzing a total of 166 networks. Using AI-driven analysis combined … Read more