KuCoin’s parent company will pay $500,000 to resolve CFTC charges, marking a fraction of the $300 million it previously agreed to pay the DOJ over similar charges.
Quantum computers need far less qubits to crack crypto than thought: Google
Google has updated its estimates of the quantum computing resources needed to break elliptic curve cryptography.
Dubai sets formal rules for crypto exchange-traded derivatives
Dubai’s VARA has set formal rules for crypto exchange-traded derivatives, allowing retail access under suitability checks, margin controls and leverage limits.
Bitmine scoops $147M of ETH in its biggest week of buying this year
Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks.
US Labor Department takes step toward including crypto in 401(k)s
The proposed rule change seeks to enable Americans to invest in products like crypto that better reflect the current investment landscape, Labor Secretary Lori Chavez-DeRemer said.
US senators press SEC over enforcement chief exit, Justin Sun’s case
A report from Reuters earlier this month claimed that the SEC’s former chief of enforcement clashed with agency leadership over cases involving those in Trump’s orbit before resigning.
Alleged $54M Uranium Finance hacker faces 30 years in prison
Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers’ plane.
Oil prices hit 3-year high above $105: Will Bitcoin crash again?
Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash?
US senators float ‘Mined in America Act’ to boost BTC mining, codify reserve
While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate.
Bitcoin data points to ‘rare’ trading setup for relief rally to $71K
A notable bid-ask imbalance for Bitcoin exists near $66,000, possibly raising the chance for a relief rally to $71,000.