The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler stressed. “As the cop on the beat, we must be able to meet […] Source: https://news.bitcoin.com/sec-requests-more-funding-to-regulate-crypto-sector/
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion in compensation after losing its special economic status due to legislative changes in […] Source: https://news.bitcoin.com/economists-rally-behind-honduras-in-10-8-billion-legal-fight-over-crypto-island-project/
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our […] Source: https://news.bitcoin.com/coinbase-to-provide-key-infrastructure-for-blackrocks-tokenized-investment-fund/
After leaving financial and crypto market watchers reading tea leaves to divine its next big fund, investment titan BlackRock spilled the tea late Wednesday on its tokenized asset fund. Dubbed ‘BUIDL,’ it will be built on the Ethereum network and is the company’s first tokenized fund issued on a public blockchain. “BUIDL will offer investors important benefits by enabling the…
In a fiery victim impact statement, FTX’s chief executive accused the crypto company’s disgraced founder Sam Bankman-Fried of peddling “categorically, callously, and demonstrably false” claims about customer losses while showing no remorse for the billions allegedly stolen in one of history’s biggest frauds. The statement by John J. Ray III, a seasoned corporate restructuring specialist overseeing FTX’s bankruptcy, directly rebutted…
Meme coin mania has taken a backseat in recent days as the speculation that drove viral tokens to billions in market cap cools off. With the broader crypto market also in the red over the past week, the air has come out of many of these meme-themed projects. However, one presale project that continues to […] Source: https://news.bitcoin.com/meme-coin-prices-slide-again-but-dogecoin20-has-raised-3-5m/
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market Liquidations Reach $444 Million as Long and Short […] Source: https://news.bitcoin.com/bitcoin-rallies-post-fed-rate-announcement-shorts-worth-151-69m-liquidated/
Notcoin, a simple clicker game built in the messaging app Telegram, continues to gain traction ahead of its planned token airdrop expected in the weeks ahead. Over the past day, the game has set new milestones for total players to date and daily active users. According to in-game data, Notcoin has now amassed more than 30 million total players via…
In a detailed letter to Judge Lewis Kaplan, the legal representatives for Sam Bankman-Fried, the embattled founder of cryptocurrency exchange FTX, have vehemently argued against the government’s recommendation for a 50-year prison sentence, labeling it as a “medieval view of punishment.” Legal Team Contests Proposed 50-Year Sentence for Sam Bankman-Fried as Unjust and Excessive In […] Source: https://news.bitcoin.com/sam-bankman-frieds-defense-challenges-super-villain-narrative-in-sentencing-debate/
In a move that signals increasing mainstream acceptance, Coinbase Derivatives is set to introduce futures trading for three prominent cryptocurrencies: Dogecoin, Litecoin, and Bitcoin Cash, beginning April 1. Using self-certification with the Commodities Futures Trading Commission (CFTC), Coinbase aims to swiftly list these futures contracts while ensuring compliance with regulatory standards. These cryptocurrencies, stemming from Bitcoin, which the Securities and…
