On 27 September 2023, SEC Chair Gary Gensler appeared before the U.S. House Committee on Financial Services, where he was questioned by U.S. Congressman Patrick McHenry (R-NC-10). The exchange was intense, covering a range of topics from the classification of Bitcoin to the SEC’s compliance with document requests. In his […]

Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to approve an exchange-traded fund, or ETF, with exposure to Ether (ETH) futures rather than making purchases in advance. In a Sept. 29 filing with the SEC, Valkyrie said it will […]

The co-founder of Three Arrows Capital (3AC), Su Zhu, was arrested in Singapore when attempting to leave the country, Cointelegraph has learned from Teneo, the joint liquidator of the bankrupt hedge fund.  In a statement, Teneo announced that Zhu “was apprehended at Changi Airport whilst attempting to travel out of […]

According to a Bloomberg report, MakerDAO, one of the prominent decentralized lenders in cryptocurrency, has reaffirmed its decision to invest billions of dollars in US government bonds. This strategic move has propelled its governance coin, MKR, to reach its highest level since April 2022, outperforming other major cryptocurrencies, including Bitcoin […]

In a surprising turn of events, Ripple has confirmed it has decided against the outright acquisition of Nevada-based chartered trust company Fortress Trust, just 20 days after claiming it would do so. Ripple Pulls Out Of Fortress Acquisition Deal Ripple has pulled the plug on the proposed Fortress Trust acquisition […]

London, United Kingdom, September 29th, 2023, Chainwire Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector.  The project’s grand vision was born from the frustration of seeing relentless false promises and […]

New York-headquartered crypto exchange Gemini has decided to quit the Netherlands, following in the footsteps of crypto giant Binance. The company cites its inability to meet regulators’ requirements but says it intends to return to the Dutch market.  In a letter to its Dutch users on Sept. 26, Gemini asks […]

A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository. On Sept. 28, U.S. Representative Don Beyer introduced the “Off-Chain Digital Commodity Transaction Reporting Act,” requiring trading platforms to report all transactions to a repository registered with the Commodity Futures […]

A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment. Maggie’s Edinburgh — an institution dedicated to free cancer treatment — received 114,000 pounds from Trevor Jones, a popular crypto artist from Scotland, who raised funds at a […]

John Deaton earns Defender of Freedom Award from ICBLA for his fearless advocacy in the Ripple vs. SEC lawsuit. Deaton’s constant intervention in the SEC v. Ripple case highlights his determination to prove the SEC wrong. He criticizes the SEC’s interlocutory appeal as a “desperate tactic.” John Deaton has emerged […]