SEC sues crypto market maker Cumberland DRW
SEC has sued market maker Cumberland over offering and sale of unregistered securities. The regulator says Cumberland violated the US securities laws by operating as an unregistered dealer. The US…
Uniswap unveils own layer-2 network Unichain, UNI price soars 11%
Uniswap has launched its own layer-2 network called Unichain. The OP Stack-powered L2 is in testnet and is designed to improve transaction speed, lower costs and boost liquidity. UNI token’s…
Ripple launches crypto custody solution for banks
Ripple has unveiled new features for its custody solution for banks and fintechs. The company is looking to tap into the growing tokenization and RWA market. Ripple has launched new…
BTC risks dropping below $60k as Bitcoin Dogs trades above $0.006
Key takeaways Bitcoin trades in the $60k region and could dip further if the bearish momentum continues. $0DOG is down 6% in the last 24 hours but continues to trade…
Rexas Finance (RXS): Ethereum-based RWA giant raises $2,750,000 as third presale ends before schedule
The hype surrounding Rexas Finance (RXS) has intensified with the successful early completion of its Stage 3 presale, raising $2.75 million ahead of schedule. This Ethereum-based real-world asset (RWA) tokenization…
Poodlana price prediction: will it rise despite the post-presale decline?
Poodlana’s niche appeal to East Asian luxury consumers sets it apart in crypto. Upcoming Asian economic announcements could boost trading volume and interest. Plans for staking and partnerships with fashion…
US charges 18 people, companies for crypto fraud
US has charged 14 people and four companies for fraud and market manipulation among other illegal activities. The prosecution says this is the first criminal case involving cyptocurrency companies over…
Bitwise CIO: Three things are needed for Bitcoin’s “melt-up” to $80,000 in Q4
Matt Hougan has said three factors will push Bitcoin to $80,000 by the end of 2024 Hougan indicated that the US election is a big deal for crypto Altcoins could…
VanEck unveils $30 million fund for crypto and AI startups
VanEck says the new $30 million fund targets startups in crypto, artificial intelligence and fintech. The fund will invest in 25-35 early stage companies with both strategic and financial upside.…
Caroline Ellison to forfeit assets in FTX’s settlement proposal
FTX seeks court approval for Caroline Ellison to forfeit nearly all her assets. Ellison has agreed to cooperate with investigations into FTX and Sam Bankman-Fried. A hearing for the proposed…