Federal Court Overturns SEC Private Fund Fee Disclosure Rules
The US Fifth Circuit Court invalidated SEC rules requiring quarterly fee disclosures by hedge funds and private equity firms, a setback for SEC’s transparency efforts. The SEC’s regulations requiring hedge funds and private equity firms to disclose quarterly fees and expenses were invalidated by the US Fifth Circuit Court of Appeals in New Orleans in […]
Coinbase Unveils ‘Smart Wallets’ to Simplify Crypto Onboarding
Coinbase’s new “smart wallets” aim to onboard over one billion users by simplifying blockchain activities with gasless transactions and multi-chain support. Coinbase has implemented “smart wallets” to simplify the process of participating in blockchain activities by eradicating the high fees and intricate procedures that are typically associated with conventional crypto wallets. Through multi-chain support and […]
Bitcoin ETFs Gain Attention as BTC Price Surpasses $71K
Tether invests $18.75 million in XREX Group to enhance cross-border B2B payments and develop regulatory technology for stablecoins. Tether, a stablecoin issuer, has disclosed an investment of $18.75 million in XREX Group, a cryptocurrency exchange headquartered in Taiwan. XREX stated in a statement that was shared with The Block that the company intends to further […]
BlackRock and Citadel Support New Texas National Stock Exchange
BlackRock and Citadel back the Texas Stock Exchange, which has secured $120 million and plans to file with the SEC by year-end. According to reports, a company that is establishing a new national stock exchange in Texas has received the support of the world’s largest asset manager, BlackRock, and market maker Citadel Securities. According to […]
Ethena and Chainlink Gain Traction as KangaMoon Hits $7.6M
Chainlink sees rapid adoption with 12 integrations in a week, Ethena goes live on Blast, and KangaMoon raises $7.6 million, making them top altcoin investment prospects. During the past week, 12 integrations of 5 services were adopted across 6 distinct chains, indicating a rapid increase in the adoption rate of Chainlink (LINK). Additionally, Ethena (ETA) […]