Crypto lender Nexo has returned to the U.S. market after leaving in 2022 due to regulatory friction. The move to start operating …
Citing
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Markets
Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump
by shayaanby shayaanCrypto lender Nexo said it is reentering the U.S., marking a comeback two years after regulatory friction forced its exit. “America is …
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Markets
U.S CFTC Withdraws 2 Crypto Staff Advisories Citing ‘Market Growth and Maturity,’ Need for Fair Treatment
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission (CFTC) withdrew two pieces of crypto-related staff guidance on Friday, further streamlining its approach to crypto …
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Regulation
Bank of Korea Rejects Bitcoin As Foreign Reserve Asset, Citing Instability and Other Factors: Report
by shayaanby shayaanSouth Korea’s central bank reportedly has no plans to include Bitcoin (BTC) in its foreign exchange reserves. The Bank of Korea said …
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Markets
ZKsync Sunsets Liquidity Rewards Program, Citing Bearish Market Conditions
by shayaanby shayaanLayer-2 network ZKsync has announced that it will be sunsetting the Ignite Program, which rewarded users for providing liquidity, due to bearish …
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Regulation
Global Voices Advocate for Roger Ver, Citing His Impactful Philanthropy
by shayaanby shayaanAs bitcoin pioneer Roger Ver battles extradition to the U.S. over tax-related charges, associates globally are spotlighting his anonymous philanthropy, from disaster …
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Finance
Jim Cramer urges investors to stay in the market despite sell-off, citing the ‘Haines Bottom’
by shayaanby shayaanCNBC’s Jim Cramer urged investors not to get out of the market completely despite the ongoing massive sell-off. He added that markets …
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CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today. The …
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Analysis
Head of Swiss Central Bank Opposes Holding Bitcoin Reserves, Citing Volatility, Liquidity and Security Weaknesses: Report
by shayaanby shayaanThe head of the Central Bank of Switzerland is reportedly skeptical about holding Bitcoin (BTC) as a reserve asset. According to a …
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Markets
Federal Judge Dismisses SEC Case Against Richard Heart, Citing Lack of Jurisdiction
by shayaanby shayaanA federal judge has dismissed the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Richard Heart, the founder of HEX, PulseChain and PulseX, …