CPI Report Tuesday Could Provide Next Bitcoin Catalyst

Raft debuted its new U.S. dollar stablecoin called R that’s backed by a single crypto asset: liquid staking leader Lido’s staked ether (stETH).The stablecoin, which began trading Monday, uses both hard- and soft-peg mechanisms to keep its price around $1, according to the protocol’s documents. The hard peg depends on arbitrage to maintain a stable…

The U.S. Securities and Exchange Commission (SEC) said Tuesday that it has charged and reached agreements with two companies and their owners that operate in the cryptocurrency space. The securities regulator alleged that Crypto Asset Management LP (CAM) and its principal, Timothy Enneking, had marketed itself under false pretenses, alleging that Enneking raised more than…

FTX customers continue to be plagued by issues several months after the exchange shut down, blocking out millions of users from accessing billions in capital stored on the disgraced exchange.Some former users are getting hit by a new phishing attack on their FTX-registered emails a week after Kroll, the claims agent in the bankruptcy proceedings,…

Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless – and he'll be there for the next 25 years.Bankman-Fried was sentenced to 25 years in

Exchanges experienced a net inflow of 62,000 ETH ($231 million) this week, suggesting a period of volatility is coming.Daily spot buying from ETH permanent holders hit its highest level in 2024 this week.A significant price correction is expected if a spot ether ETF is delayed or denied due to high levels of open interest.12:10Former SEC

news Overstock’s security token subsidiary tZERO has announced a partnership with media startup BLOQ FLIX to tokenize film financing. The company announced the plans on Thursday, amid a period of reorganization following tZERO’s quarterly loss of $10 million and Overstock CEO David Byrne’s abrupt departure. Through the partnership, referred to as “Blockbuster meets blockchain” in the press…

Nov 26, 2020 at 10:53 a.m. UTCUpdated Nov 26, 2020 at 11:00 a.m. UTCThe do-it-all Swiss Army knife(PublicDomainPictures/Pixabay )Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock ExchangesSygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange.On…

$243 million was stolen from a Genesis creditor on Aug. 19. An investigation into the theft has led to two arrests, according to ZachXBT. More than $9 million of the stolen funds have been frozen. 00:24 Could a 50 Basis Point Rate Cut Trigger a Financial 'Catastrophe?' 00:59 Arthur Hayes Warns: The Global Economy on

NEWS Sep 11, 2018 at 19:00 UTC  |  Updated  Sep 11, 2018 at 19:01 UTC The Bank of Russia has successfully conducted an experiment on token issuance, an official said Monday during the Eastern Economic Forum in Vladivostok, Russia, news agency TASS reported Tuesday. Ivan Semagin, deputy director of the financial development department of the bank,…