China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage. Read More at https://cointelegraph.com/news/china-warns-iris-scanning-crypto-projects-national-security-risk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers
Former SEC chief of staff Amanda Fischer slammed the latest SEC guidance on liquid staking, sparking sharp backlash on social media. Read More at https://cointelegraph.com/news/ex-sec-chief-of-staff-likens-liquid-staking-to-lehman-brothers-collapse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets. Read More at https://cointelegraph.com/news/binance-zhao-dismissal-ftx-clawback-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana treasury race heats up as firms hunt staking rewards
Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards. Read More at https://cointelegraph.com/news/crypto-treasury-companies-buying-solana-staking-rewards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hyperliquid revenue surges as it takes users from Solana: VanEck
Hyperliquid’s derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from struggling Solana. Read More at https://cointelegraph.com/news/hyperliquid-blockchain-revenue-surges-poaches-users-from-solana-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee
Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025. Read More at https://cointelegraph.com/news/bitcoin-price-prediction-250k-still-possible-fundstrat-tom-lee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Indonesia is exploring a national Bitcoin reserve, says local group
Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy. Read More at https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance futures volume hits 6-month high amid Bitcoin volatility
Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion. Read More at https://cointelegraph.com/news/binance-futures-volumes-surge-multi-month-highs-amid-bitcoin-volatility?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC’s crypto pivot has ‘not been priced in’ — Bitwise CIO
Bitwise chief investment officer Matt Hougan remarked on coming across “the most bullish document I’ve read on crypto.” Read More at https://cointelegraph.com/news/sec-crypto-pivot-not-priced-in-bitwise-matt-hougan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto exec to pay $10M to settle SEC claims over betting on TerraUSD
The founder of the lending firm MyConstant agreed to pay over $10 million to the SEC to settle claims he stole millions to buy the now-collapsed Terra stablecoin. Read More at https://cointelegraph.com/news/my-constant-founder-settle-sec-claims-terrausd-bet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound