Author Archives: pdgweb

The crypto company is seeking a valuation of up to $6 billion, well below its 2022 peak, as recently listed crypto stocks struggle to hold their gains. Read More at https://cointelegraph.com/news/blockchain-com-500m-ipo-bloomberg-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

With the failed cloture vote on the CLARITY Act, the SEC announced updates on how federal securities laws could apply to token issuers, following similar guidance from the CFTC. Read More at https://cointelegraph.com/news/sec-cftc-staff-guidance-crypto-clarity-fail?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody. Read More at https://cointelegraph.com/news/bybit-accepts-franklin-templeton-tokenized-funds-trading-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Fairshake pledged an initial $30 million on media opposing the Democratic candidate in Ohio’s Senate race in what some see as a repeat of spending by the crypto industry in 2024. Read More at https://cointelegraph.com/news/crypto-industry-spending-ohio-senate-race-sherrod-brown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link. Read More at https://cointelegraph.com/news/bitget-388m-hack-third-party-security-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ESMA will focus on CASP resilience, outsourcing and reverse solicitation while pursuing harmonized reporting across national regulators. Read More at https://cointelegraph.com/news/mica-shift-rulemaking-to-supervision-esma-chair?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Altseason is almost here and early signs suggest traders are becoming more selective, with capital flowing into revenue-generating protocols across a number of different narratives. Read More at https://cointelegraph.com/magazine/altseason-is-coming-and-traders-are-more-discerning-this-time?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Read More at https://cointelegraph.com/news/strategy-1665-bitcoin-buy-holdings-847666-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin fell below $83,000 to start the week amid US-Iran war developments but remains up more than 40% for Q3 ahead of key inflation and jobs data. Read More at https://cointelegraph.com/markets/btc-price-eyes-best-q3-in-nine-years-three-things-to-know-in-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack. Read More at https://cointelegraph.com/news/bitget-btc-withdrawal-hacker-eth-swap-thorchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound