Lawmakers Urge US SEC to Approve Bitcoin Options Trading
Legislators from the United States reportedly urged the Securities and Exchange Commission to permit trading options on exchange-traded products (ETPs) involving Bitcoin. Axios reports that in a recent letter to the commission’s chief, Gary Gensler, Representatives Mike Flood and Wiley Nickel urged the SEC to cease discriminating against cryptocurrency funds. The bipartisan letter states, “We […]
Chainalysis to Monitor Tether’s Secondary Market for Illicit Activities
Chainalysis will develop a monitoring solution and provide tools to spot illicit activities in the secondary market where Tether trades its stablecoin. By utilizing the newly acquired functionalities, Tether can gain market intelligence and discern wallets associated with illegitimate or sanctioned addresses. Several instruments will comprise the new solution. Four of them were detailed in […]
Binance Wallet Now Supports Bitcoin Atomical ARC-20 Assets
Binance has integrated Bitcoin ARC-20 atomical assets into its native Web3 wallet to provide a transparent, secure record of ownership and history for Bitcoin NFTs. “ARC-20 is a token standard that makes it possible to create fungible tokens that can be held and transferred on the Bitcoin blockchain,” Binance employees wrote on May 2. “To […]
VanEck Executive Slams Biden Govt for Curbing DeFi & Crypto Market
VanEck executive accuses Biden administration of hindering DeFi and crypto market growth through aggressive regulatory actions. A VanEck executive has once again criticized the Biden administration from the crypto industry, alleging that the administration stifles the development of DeFi and the cryptocurrency market. Significantly, a recent report cites Matthew Sigel, chief of digital assets research […]
Hundred Finance Hacker Transfers Stolen Assets After One Year
After a year of inactivity, the hacker who stole $7.4 million from the decentralized Finance (DeFi) protocol Hundred Finance has begun transferring the crypto assets. The infiltrator removed approximately $800,000 worth of Ether and Tether from Curve’s decentralized exchange (DEX) on May 1, more than a year after supplying liquidity on the platform. Upon completion […]