Binance to remove prime brokerage loophole
The change came after some Binance Link clients reportedly took advantage of the program’s multi-tiered fee structure through arbitrage.
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US SEC Approves and Says 8th Grader’s ‘Quarters’ Tokens Aren’t a Security
The United States Securities and Exchange Commission (SEC) has cleared a crypto gaming company to issue blockchain tokens without registration, deeming the tokens to not be securities.Pocketful of Quarters (PoQ) was co-founded by George B. Weiksner, an eighth-grader who is listed as the current CEO. Weiksner apparently is a regular speaker about cryptocurrencies and games…
Bitcoin whales tread water and hodl despite recent BTC price drop
The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors are holding onto their positions.This trend shows that whales are not expecting a major pullback in the near term. A…
Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Arca Funds, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12.The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded in…
US: New Hampshire Bill Aims to Legalize Bitcoin for State Payments in 2020
Lawmakers in the U.S. state of New Hampshire are currently considering a bill to legalize payment of fees and taxes in Bitcoin (BTC), documents originally published on Jan. 3 reveal.NH HB470 is currently making its way through chambers of the local government, with a public hearing to introduce having took place yesterday, Jan. 23.A subcommittee…
Peru to partner with India, HK and Singapore central banks on a CBDC
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency. 1621 Total views 21 Total shares The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global…
Ethena domain registrar hacked, Ethena Labs warns users to stay away
The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform.
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. 172 Total views 2 Total shares Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation
Bankless controversy forces founders to burn tokens and separate from DAO
The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO. 156 Total views 1 Total shares Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the