Uncategorized

Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his role in the collapse of the crypto exchange and the misappropriation of user funds. As part of the supplemental consent order, Singh will be required to pay a disgorgement of $3.7

The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wider push by exchanges, brokers and crypto firms into prediction markets. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they

AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market.  “The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,”

Li Xiong, a key member of a group that helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money-laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei. “On April 1, with strong support from the relevant authorities in Cambodia

Taiwan should reconsider adopting Bitcoin as a reserve asset to hedge against global turmoil and the risk of war, according to a research fellow at the Bitcoin Policy Institute. In a report on Tuesday, Jacob Langenkamp said that should China pursue reunification with Taiwan by military force, either through a blockade or full invasion, Bitcoin

Crude oil rose to over $100 a barrel while Bitcoin fell 2% after a national address by US President Donald Trump on the conflict in Iran, where he vowed to hit Iran "extremely hard" over the next few weeks.  Speaking at the White House on Wednesday during an address to the nation, Trump said the

Elon Musk’s SpaceX has reportedly filed confidentially for an initial public offering, a move that could lead to one of the largest listings in US market history. SpaceX submitted its IPO confidentially to the US Securities and Exchange Commission, according to a report from Bloomberg on Wednesday, citing people familiar with the matter. The IPO

According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025. South Korea-based cryptocurrency exchange Bithumb is reportedly expecting its initial public offering (IPO) sometime after 2028, in another delay after restructuring and regulatory hurdles. According to a Tuesday report from Maeil Business News

The US Department of the Treasury issued a notice of proposed rulemaking (NPRM) on Wednesday and is seeking public comment on proposed regulations for state-level stablecoin governance frameworks under the GENIUS Act. The GENIUS stablecoin regulatory framework, also known as the “Guiding and Establishing National Innovation for US Stablecoins Act,” gives states the authority to