Crypto industry execs approve of Trump’s pick to lead SEC
Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure.
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DeFi security: How trustless bridges can help protect users
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin (USDC) on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on those networks.While these protocols may be convenient for DeFi users, they are at risk of exploitation by…

Brazil’s Rio de Janeiro will accept crypto-payments for property taxes
The city will allow taxpayers to make crypto payments through third-party service providers. 46 Total views 1 Total shares

FTX’s FTT token rallies 28% — Binance effect or FTX 2.0 reopening?
The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. 443 Total views 3 Total shares Amid market uncertainties around Changpeng “CZ” Zhao’s departure as Binance CEO, defunct crypto exchange FTX’s native FTX Token (FTT) witnessed a brief bull run. FTT has surged in value over the past 48 hours

The Coinbase IPO is coming, according to SEC filing
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court. 1466 Total views 13 Total shares One of crypto's most-anticipated initial public offerings is one step closer.On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The…

Galaxy Digital partners with Bloomberg for DeFi index
According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. 295 Total views 5 Total shares Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday…

Bitcoin derivatives data points to traders' $50K BTC price target
Bitcoin (BTC) price continues to trade below its 2023 high, a sign that investors may have underestimated the strength of the $44,000 resistance. Even as BTC price trades below $42,000, it doesn't necessarily mean that reaching $50,000 and beyond is no longer possible. In fact, quite the opposite seems more likely to occur. Looking at

Binance CEO warns of phishing scams as Uniswap founder gets hacked
The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently. 220 Total views 3 Total shares Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks.CZ took to Twitter on July 21 to warn…

SEC has 3% -14% chance of success in Ripple appeal, lawyers predict
The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against the regulator. 61 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) has a very slim chance of winning the appeal against Ripple in the ongoing