EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Europe’s Digital Operational Resilience Act now applies to crypto businesses, expanding MiCA’s scope and requiring firms to enhance cybersecurity and risk management.
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Grayscale gears up for legal battle with SEC over Bitcoin ETF
“I think all options are on the table,” said the Grayscale CEO, adding that the company has put its “full resources” into converting its flagship Bitcoin trust. 448 Total views 4 Total shares Grayscale CEO Michael Sonnenshein said the firm is gearing up for a legal fight if Grayscale’s Bitcoin Spot ETF product is denied…
Starknet-based ZKX protocol shutters, blaming lack of users
The protocol's founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector.
Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com. 4549 Total views 10 Total shares Chinese sports lottery service 500.com has acquired a major Bitcoin (BTC) mining pool, BTC.com.500.com has entered into a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands,…
It's time to ditch Bitcoin Power Law Theory
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is traded.
Bitwise applies for ‘actual’ Bitcoin ETF with NYSE Arca
The investment firm withdrew its application for a physically-backed Bitcoin ETF in 2020, but has already received approval for a fund offering investors exposure to companies in the blockchain and crypto industry. 344 Total views 23 Total shares After almost two years, Bitwise Asset Management has once again applied with the U.S. Securities and Exchange…
New Hampshire Governor issues executive order establishing commission to study crypto
The commission will have until Aug. 8 to submit a report including a “review and investigation regarding the current status of the cryptocurrency and digital asset industry” as well as on applicable laws in the U.S. and abroad. 75 Total views 1 Total shares Chris Sununu, who has served as the Governor of New Hampshire…
Binance obtains in-principle approval to operate in Kazakhstan
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai. 225 Total views 4 Total shares The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate…
Crypto escrow agent dodges jail after lying over stolen millions
A crypto escrow agent has avoided prison time despite lying about losing $3.25 million, with the judge noting the agent had been the victim of fraud himself. 1245 Total views 8 Total shares A Manhattan federal judge has let an escrow agent walk free for deceiving a crypto investment manager about having purchased $3.25 million…