A Texas federal judge has dismissed a lawsuit filed by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, along with other commissioners. The lawsuit revolved around the SEC’s investigations into Ethereum (ETH) and its issuance of a Wells Notice regarding MetaMask, a cryptocurrency wallet developed by […]
Solana Labs’ mobile subsidiary, Solana Mobile, has announced the launch of its second crypto-focused smartphone, the Seeker, which will ship in 2025. The new device, unveiled during the Token2049 event in Singapore, promises hardware and software improvements over its predecessor, Saga. Seeker’s Capabilities “We’ve been deep in build mode for months, and we’re excited to […]
Around 20,000 Bitcoin options contracts are due for expiry on Friday, Sept. 20. These crypto derivatives have a notional value of around $1.26 billion. Today’s options expiry is very similar in size to last week’s expiry event, which did not have much of an impact on crypto spot markets. Next week’s expiry is an end-of-month […]
Blockchain detective ZachXBT has exposed another set of hackers who used a social engineering scam to steal over $240 million in Bitcoin from a wealthy victim. The investigator said that both his efforts and the criminals’ own blunders have already led to “multiple arrests and millions frozen.” Scammed For 4000 BTC In mid-August, the scammers […]
BTC has gained almost 5% over the past 12 hours, topping $62,000 for the first time in more than three weeks. The asset climbed from an intraday low of $59,200 to tap $62,600 before retreating slightly during the Wednesday morning Asian trading session. In a post on X on Sept. 19, crypto analyst ‘Nebraskangooner’ called […]
Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that Bitcoin could become a form […]
Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The company says the stablecoin will be fully backed by U.S. dollars through a mix of short-term Treasury bills, overnight repos, and cash in a bid to ensure liquidity and minimize risk. New Approach […]
Just one day after surviving a second assassination attempt, Donald Trump officially launched his long-anticipated cryptocurrency project, World Liberty Financial (WLF), through a live X Space event. However, the launch has gotten criticism from the crypto community for its lack of substantive information about the project. Community Backlash In a recent video posted on X, […]
Bitcoin has been trading sideways since March, and the third quarter, especially September, has traditionally been a bearish period. With the month and quarter approaching the end, analysts are turning bullish again, predicting a long-awaited breakout for BTC and crypto markets. On Sept. 18, analyst ‘RamenPanda’ observed that markets have spent six months going sideways, […]
Massachusetts Republican Senate candidate John Deaton has indicated his intention to hold the U.S. Securities and Exchange Commission (SEC) accountable for its role in wiping out $15 billion from XRP retail investors. In a September 16 interview on the “Good Morning Crypto Show,” the lawyer made it clear that he’s ready to continue his battle […]