CRYPTO

BlockFi and 3AC have been allowed to proceed with their settlement, but the details of which will remain confidential for several reasons that include the defunct crypto hedge fund's ongoing bankruptcy proceedings.

The SEC just scored a win in its case against Ripple as the crypto firm has been ordered to share its sensitive financial information with the regulator.

Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.

A hacker claims to have access to the data of users on several crypto exchanges and social media platforms through KodexGlobal, a supposedly "secure" communications network for law enforcement and regulators.

South Korea, which previously warned local securities firms against brokering spot Bitcoin ETFs from the U.S., is expected to discuss the matter with the SEC chief Gary Gensler this year.

OPNX, the exchange founded by two of the people behind fallen crypto hedge fund Three Arrows Capital, will shut down this month.

A group of U.S. lawmakers are calling on the SEC to repeal its controversial SAB 121 policy that requires digital assets custodians to report liabilities and assets on their balance sheets.

A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.

FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.

Hackers stole over $200 million worth of XRP from a crypto wallet whose ownership is unclear, and Ripple's CEO has since confirmed that some of his non-Ripple "personal" wallets were accessed.

Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network's operations rolling.

Encompassing multiple genres (FPS, MMO, RPG), Web3 titles are basically those in some way powered by blockchain. Typically, this means players can earn rewards in the form of digital tokens and trade them on the secondary market.

The K9 Founder says that within the DeFi landscape, it's about earning more and effectively "putting your BONE to work."

The nine Bitcoin ETFs collectively achieved a combined volume of $994.1 million, nearly doubling the flow observed in GBTC at $570 million.

November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.

Bitcoin demonstrated resilience by establishing stability within the $39,000 to $40,000 range and showcased its bullish strength Friday when it saw a notable surge, closing at the $42,000 mark.

Charles Schwab's position may soon change, as it could be currently evaluating the strategic advantage of entering the market as a second mover in a space where many competitors raced to be the first, Bloomberg Intelligence analyst Eric Balchunas said.

"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.

When Vanguard made the decision to exclude the new Bitcoin ETFs from its extensive trading platform, the hashtag #BoycottVanguard quickly gained traction on the social media platform X (formerly Twitter). However, instead of yielding to the pressure, Vanguard reaffirmed its stance and remained resolute in its decision.

This impressive surge in inflows further cemented BlackRock's position as a trailblazer in the Bitcoin ETF sector.

Since transitioning to trade as a spot Bitcoin exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has experienced an outflow of approximately $4.8 billion from its holdings.

Tesla Inc.'s fourth-quarter report noticeably omitted any mention of Bitcoin-related activities, underlining the company's continued ownership of its significant Bitcoin holdings, totaling 9,720 BTC.

During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.

GBTC has been recording massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).

In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.

It is essential to highlight that certain portions of the recently unsealed letter remain redacted.

In October, Welly shared its many aspirations, including transforming itself into a renowned global healthy fast-food restaurant by leveraging blockchain technology through Shibarium.

The SEC filed 13 charges against Binance, Zhao and Binance.US alleging that they deceived investors regarding its market surveillance capabilities, implying issues with transparency.

The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."