The Ever-Dwindling Chances for a Stablecoin Law
The timeline for the introduction, markup and passage for a stablecoin bill is getting tight as Congress gears up for election season.
Financial
May 2025
Financial
Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17
Tigran Gambaryan has been detained in Nigeria since February 26.
Financial
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.
Financial
Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Financial
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
Financial
Crypto Lobbyists Sue SEC Over ‘Dealer’ Definition
The SEC adopted a broadened “dealer” definition that might capture crypto traders, the Blockchain Association and Crypto Freedom Alliance of Texas alleged.
Financial
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
The firm maintains the “highest” anti-money laundering standards in the industry, it said in a statement to CoinDesk.
Financial
Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
Financial
Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
Financial
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in crypto markets in context for April 23, 2024.