Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk
The deal will strengthen Zodia Markets’ over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.
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A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange
The second-largest crypto exchange, OKX, asked key trading firms for more information about their clients, in what appears to be an effort to root out misuse of a VIP fee program.
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Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
Prosecutors and Roman Storm’s attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.
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Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein
The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.
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U.S. House Fails to Override Biden’s SEC Veto of Bill That Would End Controversial SEC Guidance
In the saga to overturn the SEC’s crypto accounting policy – SAB 121 – lawmakers failed to overturn President Joe Biden’s veto.
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Fireblocks Adds First Clutch of Crypto Safekeeping Firms to Its Global Custodian Program
Zodia Custody, Komainu, CloudTech, Zerocap and Rakkar are the first five institutional-friendly crypto custody providers to join the Fireblocks Küresel Custodian Partner Program.
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As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling
The CFTC chief issued his strongest pitch yet for Congress to act, but the Senate Agriculture Committee’s top Republican says the panel’s effort isn’t yet satisfying the industry.
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Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
Valdi allows customers to use available GPU compute cycles in veri centers across the world.
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Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates
The investment firm is eager to flip the Senate for Republicans.
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Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party’s manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.