Standard Chartered plans to unify Zodia’s custody service with its digital asset division, Bloomberg reported Wednesday, citing people with knowledge of the plan. Established in late 2020 by SC Ventures, Standard Chartered’s innovation unit, and […]
Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the average cash cost of $84,552 per coin reported in the fourth […]
The seven House members may have affirmed the commission‘s authority over prediction markets, but asked questions about its inaction on insider trading. Seven members of the US House of Representatives sent a letter to Commodity […]
Key Takeaways: The State Duma introduced 3 crypto bills capping non-qualified investors at $3,730 in yearly buys. Tax reporting on cryptocurrency transactions will be mandatory, and illegal crypto use will be punishable with fines and […]
Top brokerage Charles Schwab, which oversees over $12 trillion in client assets, is preparing to launch the Schwab Crypto account for buying and selling Bitcoin and Ethereum. Schwab’s spot crypto trading is expected to go […]
Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. “The preliminary investigation shows that Drift experienced a structured intelligence operation requiring organizational backing, significant […]
A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in […]
CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice (DOJ) filed lawsuits on April 2 against three states targeting prediction […]
BNP Paribas Adds Crypto-Linked ETNs for Retail Investors Growing access to regulated crypto-linked instruments is reshaping how traditional investors engage with digital assets, as BNP Paribas Commercial Banking in France extended its exchange platform on […]
Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund. Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff […]
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