Risk-on peace trades are back in vogue after the U.S. and Iran held fire on Sunday, sending oil prices lower. Bitcoin BTC$65,485.12, the leading cryptocurrency by market value, is back above $65,000, with prices up about 1.2% over 24 hours. Ether (ETH) has risen by… Read More
The crypto industry, naturally, is urging passage. The common refrain online is that Clarity includes some investor protection rules and creates some structure for crypto products, while not passing the bill would mean there are no investor protections. If the bill is to pass the… Read More
The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction markets firms run by companies such as Kalshi, Coinbase, Polymarket and Crypto.com, issued an advisory on Friday reminding the businesses that they shouldn’t cut corners with far-ranging contract… Read More
Shiba Inu rose 36% to about $0.0000057 on Sunday, adding roughly a billion dollars to its market value in a day, with no announcement or development to account for it. The token now carries a market cap near $3.4 billion on almost $380 million of… Read More
North Korean authorities arrested former military hackers accused of stealing state funds from two banks and laundering the proceeds through cryptocurrency. The group, according to a Daily NK report citing an anonymous source in Pyongyang, allegedly breached the internal systems of the Central Bank of… Read More
Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto trading, custody and settlement into its regulated financial system. The depository, according to Interfax, will record clients’ ownership of cryptocurrency and… Read More
