Category: crypto

Chris Thomas, Head of Blockchain and Corporate Security at GRVT, discusses the importance of security in the cryptocurrency world. Despite advancements in technology, security breaches and hacks continue to plague the industry, resulting in billions of dollars in losses. A hybrid security model combining centralized and decentralized measures may be the key to reducing risks…

The US Securities and Exchange Commission (SEC) held a roundtable to discuss crypto regulation, with panelists debating the classification of digital assets and the limits of existing securities laws. Advocates argued for decentralized control as a factor in determining securities status, while skeptics supported the current Howey test. The SEC is reassessing its approach to…

The IMF has updated its balance of payments standards to include digital assets like Bitcoin. Cryptocurrencies without liabilities are classified as non-produced nonfinancial assets, while stablecoins backed by liabilities are treated as financial instruments. The manual also addresses staking rewards and crypto asset transfers, aiming to improve visibility into the economic impact of digital assets…

Australia is working on establishing a regulatory framework for the crypto sector to enhance consumer protection and reduce risks. Certain crypto firms will need to obtain an Australian Financial Services License (AFSL) to operate legally, with new rules to address specific digital asset risks. Broader reforms include a Crypto Asset Reporting Framework (CARF) and exploring…

Maksym Sakharov discusses how current markets are affected by U.S. tariffs and inflationary pressures, causing uncertainty. Stablecoins, particularly Dollar-pegged ones, are dominating the market and expanding in emerging markets. Analysts predict a $3 trillion market cap for stablecoins by 2025, with traditional financial institutions like BBVA and major Wall Street players investing in the sector.

TORN, the native token of Tornado Cash, surged over 70% after being removed from the US sanctions list. OFAC confirmed the delisting of Ethereum wallet addresses tied to the privacy protocol. Despite legal scrutiny in 2022, a federal court ruled that Tornado Cash’s autonomous smart contracts could not be subject to sanctions. The US Treasury…

The Trump administration is considering revaluing decades-old gold certificates to expand the country’s Bitcoin holdings without increasing the federal deficit. Bo Hines, a top White House crypto official, mentioned this strategy during an interview. The administration authorized the creation of a national Bitcoin reserve and is exploring various creative methods to accumulate more Bitcoin. Lawmakers…

Coinbase is in advanced talks to acquire Deribit, the world’s largest options exchange for Bitcoin and Ethereum. The deal would position Coinbase in the crypto derivatives market, which is essential for traders to hedge risk and leverage assets. Regulatory changes in the US are expected to boost mergers and acquisitions in the crypto space.

Germany’s BaFin rejected Ethena Labs’ application to issue asset-referenced tokens under MiCAR, citing deficiencies in organizational practices and potential unlicensed security offering concerns. BaFin imposed supervisory measures, including prohibiting public offerings of the USDe token in Germany. Ethena Labs is evaluating alternative regulatory frameworks. BaFin’s decision reflects increasing scrutiny of stablecoins in Europe.

Bitcoin is facing market pressure as large holders increase exchange activity, leading to deteriorating investor sentiment. The Bitcoin Exchange Whale Ratio has surged to levels not seen since last year, indicating dominance by large entities. This, combined with declining sentiment, suggests a cautious tone in the market with lower conviction on both sides. Interest from…