The United States Securities and Exchange Commission (SEC) announced Wednesday that it has reached an agreement to settle previously unannounced charges against Rari Capital, a decentralized finance (DeFi) platform. The regulator alleged that Rari Capital and co-founders Jai Bhavnani, Jack Lipstone, and David Lucid misled investors and that the platform served as an unregistered broker. Rari Capital’s platforms held more…
DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital […] Source: https://news.bitcoin.com/dbs-bank-to-launch-otc-crypto-options-trading-for-institutional-clients-in-q4-2024/
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing. Source: https://cointelegraph.com/news/us-lawmakers-sec-enforcement-crypto-firms-politicized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The WisdomTree Connect platform aims to let users access WisdomTree’s RWA tokens with any wallet, from any blockchain network. Source: https://cointelegraph.com/news/wisdom-tree-aims-bring-self-custody-regulated-rwas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.” Source: https://cointelegraph.com/news/1-5-m-crypto-punk-bought-23-k-coinbase-legal-defense-fund-nfts-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price rallies to $61,000 after the Federal Reserve cuts rates by 50 basis points for the first time since 2020. Source: https://cointelegraph.com/news/https-www-cnbc-com-2024-09-18-fed-meeting-live-updates-traders-await-september-interest-rate-cut-html?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solidus Ai Tech has announced a ground breaking partnership with SambaNova Systems, a leader in artificial intelligence hardware, to revolutionize AI capabilities in the Web 3.0 landscape. This collaboration promises to deliver unmatched AI inferencing and fine-tuning speeds, thanks to the integration of SambaNova’s cutting-edge RDU stacks, which will power Solidus Ai Tech’s AI marketplace […] Source: https://news.bitcoin.com/solidus-ai-tech-and-sambanova-systems-bring-high-speed-ai-to-web3-world/
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the […] Source: https://news.bitcoin.com/bitcoin-emerges-as-a-unique-diversifier-says-blackrocks-latest-report/
The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. Source: https://cointelegraph.com/news/ethena-domain-registrar-hacked?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Federal Reserve lowered its benchmark interest rate by 50 basis points Wednesday, kicking off its long-anticipated easing cycle with a sizable first step. The Federal Open Market Committee (FOMC) decided to lower the federal funds rate to a target range of 4.75% to 5.00%, marking its first rate cut in four years. Minutes before the decision, traders foresaw a…
