The chances of approval of a spot Bitcoin exchange-traded fund (ETF) in the United States have now increased to 65% from a mere 1% just a couple of months ago. Bloomberg ETF analysts Eric Balchunas and James Seyffart said in a recent statement that the chances of approval for a […]

Six major asset managers including Grayscale and VanEck have filed fresh applications in a bid to launch Ethereum Futures (ETH) exchange traded funds (ETF) to United States customers. Separate filings submitted to the U.S. Securities and Exchange Commission (SEC) reviewed by Cointelegraph outline respective applications from the likes of Grayscale, […]

Binance has declined to comment on a media report that CEO Changpeng Zhao almost shuttered the crypto trading platform’s arm in the United States in an effort to protect its global company. Citing anonymous sources, the tech media outlet reported that the board of directors of Binance’s US entity, Binance.US initiated […]

Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves […]

A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol. The California-based nonprofit called the Open Ordinals Institute will bolster the Ordinals protocol by providing funding to the team’s core developers, which includes the […]

Recent court ruling sparks intense debates over Ethereum’s legal status and regulatory classification. HODL Law’s suit seeking clarity on the SEC’s stance towards Ethereum dismissed on procedural grounds. Ripple’s XRP stands as the only cryptocurrency with legal clarity, while Ethereum’s future remains uncertain. In a pivotal chapter of cryptocurrency, a […]

United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to buy more Bitcoin (BTC).  In a filing to the Securities and Exchange Commission on Aug. 1, MicroStrategy announced it has entered into a sales […]

Curve Finance founder Michael Egorov is attempting to offload some of his DeFi positions to alleviate his mountain of debt, but some have highlighted his liquidity sources. On Aug. 1, Nansen research analyst Sandra Leow posted a list of liquidity sources for Egorov’s Curve DAO (CRV) positions. According to Leow, […]

A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s restructuring team. In a July 31 court filing, FTX’s Official Committee of Unsecured Creditors (UCC) said despite its repeated requests and previous promises from the team, […]

Bankrupt crypto lender Celsius Network may finally see an end to its prolonged court battle with disgruntled customers after the company entered into a settlement agreement to address pending claims related to fraud allegations.  Based on a recent court document, a comprehensive settlement was reached with customers, addressing approximately 30,000 […]