NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes
Activity keeps heating up around Bitcoin and Ether ETF options.
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Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”. 370 Total views 26 Total shares Toronto-based cryptocurrency exchange, Bitbuy, now offers full insurance on all Bitcoin (BTC) deposits in an apparent first for the industry, according to a press release shared with Cointelegraph on May 27.The platform…

Arbitrum DAO mulls winding down ‘unsustainable’ Web3 gaming fund
Members of Arbitrum’s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst

Bitcoin could help to obtain financial services, making them more accessible
The price of Bitcoin (BTC) has recently shot up after months of stability. In April and May, trading prices came in between the narrow range of $9,000 and $10,000, with realized volatility falling to its lowest in three years by mid-July. The speculation behind the price move has come amid economic uncertainty brought about by the…

Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US
Robinhood’s $200 million acquisition deal comes despite receiving a Wells notice from the SEC a month earlier.

Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.

Crypto-focused enterprise payment platform Tribal Credit raises $60M
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry. 224 Total views 55 Total shares Crypto-focused enterprise payment platform Tribal Credit has raised $60 million in an oversubscribed investment round, putting the company on track to continue its expansion in Latin America…

Grayscale pulls ads from Fox News after US shooting controversy
The world’s largest digital asset management firm has pulled advertising from a Fox News prime-time show following controversial comments about a recent U.S. shooting. Grayscale Investments, a major crypto investment firm with $5.8 billion in assets, has pulled advertising from Tucker Carlson’s prime-time show following the host’s controversial comments about a recent shooting at a…

US Lawmakers Urge FCC to Step Up Its Action Against SIM Swaps
United States lawmakers have appealed to the Federal Communications Commission (FCC) to hold telecoms providers to account for failing to protect consumers against SIM swap attacks.SIM-swapping — alternatively known as a port-out scam — involves the theft of a cell phone number in order to hijack online financial and social media accounts, enabled by the…