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Ripple execs slam SEC decision to appeal XRP ruling
The Securities and Exchange Commission (SEC) has announced its decision to appeal a federal court ruling in its prolonged legal battle against Ripple Labs and XRP. The SEC’s notice of […]
Tokenized funds get preliminary approval to be used as collateral in the US
A subcommittee of the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee voted to approve guidelines for using tokenized shares of money-market funds as collateral for traditional financial operations. […]
CFTC loses appeal as US court greenlights prediction markets involving elections in Kalshi case
The United States Court of Appeals for the District of Columbia Circuit ruled that prediction markets that allow betting on US elections are legal. The decision came in an Oct. […]
Franklin Templeton adds Aptos to tokenized Treasuries fund
Franklin Templeton, a leading investment manager with over $1.4 trillion in assets, has expanded its tokenized US treasuries fund—Franklin OnChain U.S. Government Money Fund (FOBXX)—to Aptos, a Layer-1 blockchain powered […]
Bitcoin ETFs break 8-day inflow streak as outflows spike to $242 million
On Oct.1, Bitcoin ETFs experienced significant net outflows, totaling $242.6 million, reflecting a sharp reversal from the large inflows seen in the previous week. Fidelity’s FBTC ETF led the withdrawals, […]
Hut 8 pays off Anchorage loan, eyes further AI expansion
Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38 million of its outstanding loan into common shares. The conversion […]
Ex-Chinese Deputy Finance Minister urges country to pivot anti-Bitcoin stance
Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according […]
BitGo to provide custodial services for Cardano-based USDA stablecoin
BitGo, a leading digital asset custodian, will offer custodial services for USDA, a Cardano-based stablecoin, according to an Oct. 1 press release. The collaboration involves BitGo Trust, USDA’s issuer Anzens, […]
Vitalik Buterin defends Polymarket’s controversial Hezbollah prediction markets
Ethereum co-founder Vitalik Buterin has defended the inclusion of a Hezbollah betting section on Polymarket, a decentralized prediction platform. In an Oct. 1 post on X, Buterin pointed out that many […]
Bitcoin ETFs see over $500 million inflows in past 2 days
On Friday, Bitcoin ETFs recorded a significant inflow of $494.4 million, marking one of the highest single-day totals in recent months. Ark’s ARKB ETF led the charge with a substantial […]