CRYPTO ASSETS

The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week, when hackers and scammers pilfered over $71 million from the emerging industry.

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

Gensler is under pressure to approve the SEC under Chair Gensler to approve spot Bitcoin ETF options trading "without delay" as it was crucial for investors that the SEC has said it wants to protect.

Iran and Russia are reportedly working on an initiative that should help them mitigate the impact of Western sanctions through CBDCs and DFAs.

Tether announced it has partnered with Chainalysis for a blockchain monitoring solution that will improve the stablecoin giant's compliance practices, especially in relation to "secondary" market transactions.

Elliptic shared the progress it made in studying the use of AI in detecting illicit activities in the crypto space, and this time, its machine learning model was able to help identify money laundering movements using Bitcoin, the world's most popular digital asset.

Sen. Lummis, who has called for regulations that do not stunt innovations in the crypto space, on Wednesday called out the Biden administration for criminalizing the "core tenants of the Bitcoin network."

Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.

$BRETT remains the largest memecoin on Base even with the decline of some leading tokens, and the team behind it has a bullish growth picture for the rest of the year.

Under increasing pressure over the revelation that Gensler's SEC had viewed Ether as a security before it refused to answer Congress regarding the matter, the House Committee on Financial Services has scheduled a hearing on SEC enforcement next week.

On the day of his sentencing, the price of Bitcoin plummeted from nearing $64,000 to $60,000. Such a development led the crypto community to express various thoughts on his sentence, with some predicting the digital coin won't see a bull run until the crypto mogul is released in August.

Several followers of Bitcoin maximalist Michael Saylor are not pleased that gold advocate Peter Schiff made a sarcastic comment on their crypto hero's post, with some saying the stockbroker should wait for the day when Bitcoin reaches stellar prices as gold has.

An Oklahoma-based coal miner started mining Bitcoin in the second half of 2020 as a "pilot project," and now it holds 425 BTC – mined from the company's "excess" energy.

After SEC chair Gary Gensler refused to directly answer Congress last year over whether the regulator deemed Ether a security, it has been revealed through a Consensys filing that the agency already saw ETH as a security as far back as March 2023.

MicroStrategy is not anywhere near giving up on its Bitcoin strategy just because others are panic selling their stash as the tech firm announced purchasing over a hundred more BTC this month.

Yuga Labs has gone through another restructuring around six months since its trimmed its workforce to focus on its metaverse project, and this time, the focus is to get back to the NFT titan's roots.

Bitcoin whales are once again on the move following a disappointing week in the spot Bitcoin ETF space as BlackRock, the most popular BTC ETF issuer, saw 0 inflows for three straight days.

Michael Saylor is known for his extreme optimism toward Bitcoin, but it turns out there was also a time when he doubted the digital asset's path and whether it was worth his interest.

Bitcoin was holding on to $63,000 over the weekend, causing concerns among digital asset enthusiasts. However, Bitcoiners argued against the notion that the cryptocurrency has entered a bear market.

Consensys filed litigation against the SEC following reports that the regulator was investigating the Ethereum Foundation and was requiring companies cooperating with the popular blockchain network to provide documents and financial statements related to the dealings.

Morgan Stanley may trigger a significant shift in the way traditional banking institutions have dabbled into cryptocurrency offerings as it is reportedly exploring the possibility of allowing its brokers to recommend spot Bitcoin ETFs to clients.

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

MicroStrategy's Michael Saylor has once again stirred the Bitcoin community with his latest post stating that BTC is a city, but the statement has raised the topic of high "rent" that may have become too high for small Bitcoin holders post-halving.

Bitwise's Matt Hougan is very bullish about the path Bitcoin will take in the next four years, even with not much movement from the world's largest digital asset since its halving event.

Michael Saylor believes Bitcoin is refreshing, but some crypto users are increasingly becoming frustrated over the tech mogul's optimism, arguing that the digital asset's price has been down significantly from its $73,000 all-time high in March.

Hong Kong's financial regulator has approved several spot Bitcoin and Ethereum ETFs, and the crypto community can't be more excited as they deem the move will only increase the adoption of digital assets around the world.

The crypto community on X was busy theorizing what Elon Musk would do with his BTC stash after it was revealed that Tesla didn't sell any of its Bitcoin during the first quarter of the year.

Like a growing number of financial experts, Standard Chartered is also losing hope the SEC will give a green light to spot Ethereum ETFs next month.