SEC Chair Paul Atkins said the US is “10 years behind” on crypto and that building a regulatory framework to attract innovation is “job one” for the agency. Read More at https://cointelegraph.com/news/sec-chair-us-is-10-years-behind-on-crypto-fixing-this-is-job-one?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Kraken doubles down on US futures with $100M ‘Small’ acquisition
After acquiring NinjaTrader for $1.5 billion, Kraken expands its derivatives offerings in the US with a $100 million acquisition of Small Exchange. Read More at https://cointelegraph.com/news/kraken-100-million-us-futures-small-exchange-ig-group?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strive’s crypto merger with Semler Scientific faces shareholder revolt
Shareholder Terry Tran filed a lawsuit against Semler Scientific and its board, accusing them of misleading shareholders about the financial fairness of their merger with Strive. Read More at https://cointelegraph.com/news/shareholder-sues-semler-scientific-to-block-strive-merger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin needs a fresh catalyst to avoid a ‘deeper correction’ — Analysts
Bitcoin will need something new and shiny to drive it to fresh highs, as some analysts warn the asset could face a volatile month ahead. Read More at https://cointelegraph.com/news/bitcoin-price-forecast-uncertain-crypto-analysts-divided?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia’s financial watchdog could gain power to ban crypto ATMs
Minister Tony Burke said the government won’t be pushing for an outright ban on crypto ATMs, but wants to provide AUSTRAC with the power to implement one under new draft laws. Read More at https://cointelegraph.com/news/australia-austrac-crypto-atm-regulation-draft-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMine appears to buy the dip as ETH is down 20% from peak
Onchain data suggests that BitMine acquired 104,336 ETH, worth approximately $417 million, on Thursday, as prices fell 20% from their August highs, bringing its treasury to over 2.5% of the total supply. Read More at https://cointelegraph.com/news/bitmine-appears-buy-the-dip-while-eth-down-from-peak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Banks fumble TXs too; at least Paxos’ $300T error was transparent
Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable. Read More at https://cointelegraph.com/news/banks-can-hide-mistakes-but-paxos-showed-crypto-was-transparent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pico Prism proves 99.6% of ETH blocks in real time: 10K TPS gets closer
Brevis achieved 99.6% real-time proving of Ethereum blocks using consumer GPUs, marking a breakthrough toward scaling and phone-based validation. Read More at https://cointelegraph.com/news/pico-prism-proves-99-eth-blocks-real-time-10k-tps-on-l1-comes-closer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of England clarifies plan to limit stablecoins is temporary
Industry groups criticized the proposed stablecoin limits, arguing that they would stifle innovation and signal to the industry that the UK isn’t crypto-friendly. Read More at https://cointelegraph.com/news/bank-england-temporary-stablecoin-limits-uk-policy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
95% of corporate ETH buys happened in Q3 — start of Ether supercycle?
Crypto executives have tipped Ether to rise as high as 200% by the end of the year, led by corporate Ether purchases, ETF accumulation and Ether locked in staking. Read More at https://cointelegraph.com/news/ethereum-corporate-adoption-surged-eth-price-predictions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound