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SEC and CFTC Dismiss Merger Rumors, Pledge Coordinated Crypto Oversight
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) convened their first joint roundtable in 14 years on September 29. The meeting served to quell speculation about a potential merger while underscoring a commitment to... -
SEC’s Final Decision on Canary Litecoin ETF May Shape Future Crypto Products
The U.S. Securities and Exchange Commission (SEC) has until October 2 to give its final verdict on the Canary Litecoin ETF. An approval would establish the first altcoin ETF under the Securities Exchange Act of 1934, representing a pivotal expansion... -
Vanadi Coffee Approves €1B Bitcoin Bet, Boosting Corporate Adoption & Confidence
Vanadi Coffee, a Spanish coffee shop franchise that recently turned into a Bitcoin treasury company, has approved an investment of up to €1 billion in Bitcoin (BTC). The company explained that it views Bitcoin as a safe way to diversify... -
TeraWulf to Secure $3B Financing for Data Center Backed by Google
A new report reveals that cryptocurrency miner TeraWulf is collaborating with Morgan Stanley to secure approximately $3 billion in financing for new data centers, with backing from Google. This initiative is a direct response to the soaring demand for artificial... -
SEC Approves Hashdex Index ETF Expansion to XRP and Solana
On September 24, the Hasdex Index ETF secured official approval from the Securities and Exchange Commission (SEC) to operate under new generic listing standards. This decision gives the fund the green light to broaden its holdings, moving beyond Bitcoin and... -
Vitalik Buterin Urges Full-Stack Openness for Secure, Fair, Transparent Tech
Ethereum co-founder Vitalik Buterin shared a new blog post where he asked the world to focus on “full-stack openness.” This means keeping software, hardware, and even health systems open and easy to check. https://twitter.com/MoriartRe/status/1970823169075458073 He believes openness is important because... -
CFTC Unveils Plan to Use Stablecoins as Collateral in US Derivatives Markets
On September 23, the U.S. Commodity Futures Trading Commission (CFTC) unveiled a plan to authorize the use of stablecoins as collateral within derivatives markets. Acting Chair Caroline Pham stated that the regulatory agency will collaborate with market players to ensure... -
Alibaba Stock Rises After Company Launches New AI Model and Hikes Spending
Alibaba stock (NYSE: BABA) hit a four-year high in Hong Kong trading today after the company launched a new artificial intelligence (AI) model and announced plans to hike its AI spending as the Chinese tech giant strives to solidify its... -
$1.7B Liquidations Pile Up as Bitcoin Slips, Pulling Crypto Market Down 2%
The cryptocurrency market lost ground on September 23, with its total market capitalization falling 2.18% to about $3.88 trillion as Bitcoin slipped toward $112,000, erasing its weekly gains. The decline triggered roughly $1.7 billion in liquidations, deepening the sell-off as... -
Kaia Partners with LINE Next to Launch “Project Unify” Stablecoin Super-App
On September 22, Layer 1 blockchain Kaia and LINE NEXT, the Web3 subsidiary of messaging giant LINE, announced plans to launch Project Unify. The initiative will introduce a stablecoin super-app on LINE Messenger later this year, providing nearly 200 million...
