SEC’s $75 Million Crypto Proposal Faces Scrutiny as Comment Deadline Looms
A crucial U.S. Securities and Exchange Commission (SEC) proposal aimed at establishing new fundraising exemptions for cryptocurrency ventures has garnered a modest initial response, with just 31 public comments submitted…
Ethereum’s Upcoming Glamsterdam Upgrade Focuses on State Growth and Throughput with Significant Gas Repricing
Ethereum is poised for a substantial evolution with its upcoming "Glamsterdam" upgrade, a pivotal moment in the network’s journey toward enhanced scalability and efficiency. This upgrade introduces a comprehensive repricing…
SEC Crypto Custody Rewrite Enters White House Review with Key Rules Still Undisclosed
The U.S. Securities and Exchange Commission’s (SEC) proposed amendments to its custody rules for investment advisers and funds, which include provisions for digital assets, have officially entered the White House…
The American Bankers Association Urges Stricter Customer Identification for Stablecoin Redemptions, Sparking Industry Debate
The American Bankers Association (ABA) is actively lobbying U.S. financial regulators, advocating for stringent customer identification requirements for any individual or entity directly engaging with a payment stablecoin issuer for…
Profit Connect Owner Convicted Over $24 Million AI Crypto Fraud Scheme
A federal jury has convicted Brent C. Kovar, the owner of Profit Connect, on 15 fraud and money-laundering counts. Prosecutors successfully argued that Kovar defrauded at least 400 investors out…
Traders Begin Losing Control of Open Positions as BitMEX Enters Reduce-Only Mode Amidst Staged Shutdown
The cryptocurrency derivatives exchange BitMEX is entering a critical phase of its operational wind-down, with traders commencing a loss of direct control over their open positions. As of 04:00 UTC…
The US Treasury formally integrates digital assets into financial sector preparations for quantum computing threats
The US Treasury has officially brought digital assets into the financial sector’s strategic planning for the potential disruption posed by quantum computing. This significant development was marked by the launch…
Take-Two Branded SEC Filings Push GTA VI Solana Currency Linked to Memecoin Trading
Two public-comment PDFs on a U.S. Securities and Exchange Commission (SEC) docket detail a proposed in-game currency for Grand Theft Auto VI, dubbed "Sharkbux," and a potential implementation architecture on…
Datavault AI Faces Nasdaq Delisting Risk as Stock Price Plummets Below $1 Threshold
Datavault AI, a company operating in the data vault and artificial intelligence sector, is on the brink of being delisted from the Nasdaq stock exchange as its share price has…
FalconX Bravo Asks SEC to Bring Single-Stock Perpetuals from DeFi Under Swap Rules
FalconX Bravo has formally requested that U.S. regulators classify cash-settled perpetual contracts tied to a single security or a narrow-based security index as security-based swaps under the Securities and Exchange…















