Phoenix and Wasabi exit US market amid self-custody wallet crackdown

Coinbase and a group of crypto entrepreneurs went to Washington D.C. to convince lawmakers to provide regulatory clarity for the industry. 49 Total views 1 Total shares The Coinbase “Stand with Crypto” campaign has reached coffee cans as the exchange and industry stakeholders marched to Washington D.C. to convince the country’s lawmakers to provide regulatory

Gretchen Howard described crypto investments "stereotyped as a male-dominated space,” but she has seen significant growth for women during her two years at Robinhood. 474 Total views 7 Total shares The chief operating officer of stock and cryptocurrency trading app Robinhood aims for significant growth in the number of female customers, particularly when it comes…

Australian asset manager Monochrome Asset Management has landed the country’s first Australian financial services license (AFSL) for a spot crypto exchange-traded fund (ETF). Speaking to Cointelegraph, Jeff Yew, CEO of Monochrome Asset Management, said the AFSL approval is significant, as until this point, approved crypto ETFs in Australia only operate under general financial asset authorization and…

The Intercontinental Exchange (ICE) has announced tentative margin requirements for Bakkt Bitcoin (BTC) futures trading contracts. The announcement appeared on ICE’s official website on Sept. 9.Bakkt futures margin requirementsPer the notice, the initial hedge requirement for daily and monthly futures contracts is $3,900. The speculative initial requirement for both contracts is $4,290.The inter-month add-ons for the…

Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options.The buyer of a call option can acquire Bitcoin for a fixed price on a predetermined date. For that privilege, this investor…

The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network. Jinan, the capital of eastern China’s Shandong Province, has begun encouraging the adoption of the country's central bank digital currency (CBDC) program by introducing the acceptance of digital yuan payments across all its…

Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation of other top investors such as…

Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily overview. Source: Coin360Bitcoin reaches local high close to $7,650Data from Coin360 showed BTC/USD passing the $7,600 mark across major exchanges, going on to challenge $7,650 before correcting. At press time on…

Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.The proposed class-action driven by law firm Scott+Scott was published…