Arjun Sethi has likened the FCA’s crypto warnings to cigarette labels, calling them discouraging and counterproductive. Kraken Co-CEO Arjun Sethi has criticized the crypto promotion rules enacted by the UK’s Financial Conduct Authority (FCA), warning that the strict regulatory framework is slowing transactions and limiting access to services for users. Over the past few…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The sluggish price action of Bitcoin has been the common feature through the first two weeks of November. Having lost its $100,000 support, all eyes are on the flagship cryptocurrency as it hovers around yet another of its key price levels —…
Gold investor Peter Schiff called Strategy’s business model, which hatched the biggest Bitcoin (BTC) treasury company in the world, a “fraud” on Sunday and challenged the company’s founder, Michael Saylor, to a debate. Schiff, who is one of crypto and Bitcoin’s harshest critics and a staunch gold advocate, challenged Saylor to a debate at Binance…
Key Takeaways A dormant Cardano wallet lost over $6 million in a low-liquidity ADA-to-USDA swap. The wallet had not been active for five years before the disastrous transaction. Share this article A Cardano wallet holder lost over $6.1 million today in a disastrous swap after five years of inactivity, according to on-chain data reported by…
Teresa Goody Guillén, Changpeng Zhao’s personal attorney, denied pay-to-play allegations surrounding the Binance founder’s presidential pardon. Summary CZ’s attorney says pay-to-play allegations are baseless and fueled by unverified reports. Guillén stresses CZ faced regulatory charges only, with no fraud, victims, or laundering. Attorney rejects claims linking CZ’s pardon to Trump-related crypto ventures. In a podcast…
Aleo insists that institutions will never be fully secure on-chain until they turn to private settlement rails. As the institutional adoption of cryptocurrencies, particularly the stablecoin sector, expands, the need for privacy settlement is becoming increasingly important. A Privacy Gap Report from the layer-1 zero-knowledge proofs (ZKPs) privacy blockchain Aleo has highlighted the challenges…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has enjoyed attention as one of the most rewarding stores of value in recent years, with institutional adoption reaching new highs this year. One such landmark Bitcoin acquisition was made by Harvard University, arguably the world’s most prestigious academic institution. Earlier…
Today in crypto, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, a crypto executive weighs in on investor outlook beyond Bitcoin and Ethereum. Meanwhile, Steak ‘n Shake announces expansion into El Salvador. Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report The Scaramucci family has invested…
Key Takeaways New guidance from the SEC’s Division of Corporation Finance could quietly speed up the review process for ETF issuers, including Bitwise. Bitwise is a leading candidate with its spot XRP ETF application under review. Share this article Bitwise’s XRP ETF (XRP) could hit the US market soon after the debut of the Canary…
Iran is pushing forward with plans to adopt cryptocurrencies for international trade settlements as a way to circumvent U.S. and U.N. sanctions. Summary Iran advances crypto-based trade plans after sanctions return, calling it essential. Officials frame digital currencies as a required workaround to restricted payment rails. Industry leaders warn Iran’s unclear crypto rules threaten adoption…
