cryptobriefing
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SEC has the tools to provide clear guidelines but chose not to — Commissioner Hester Peirce
Key Takeaways Hester Peirce claims that the SEC should draw the lines on its jurisdiction and act within it. Gary…
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‘Diddy’ Combs, SBF share unit in Brooklyn jail
Key Takeaways Diddy and SBF are housed together in a Brooklyn federal jail unit designed for high-security needs. Both individuals…
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Bitcoin eyes $72,000 in October, says Bitget Research analyst
Key Takeaways US Federal Reserve’s interest rate cut signals a shift in monetary policy, potentially benefiting Bitcoin. Institutional buying and…
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Top finance leaders are finally allocating to crypto, says Bitwise CIO
Key Takeaways 70% of top financial advisors now own crypto in personal portfolios. Client allocations to crypto typically follow 6-12…
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INX taps Backed to launch tokenized Tesla, Google, and Microsoft stocks on Polygon
Key Takeaways INX and Backed are adding tokenized Tesla, Microsoft, Google, and GameStop stocks to their platform. INX will launch…
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DWF Labs to debut its synthetic stablecoin by Q1 2025
Key Takeaways DWF Labs’ synthetic stablecoin will launch between Q4 2024 and Q1 2025. The stablecoin will offer yields ranging…
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Kraken finalizes BCM buyout to expand European operations
Key Takeaways Kraken’s acquisition of BCM enhances its VASP capabilities in France and Poland. BCM clients will be able to…
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US Ethereum ETFs see largest single-day loss since late July as Grayscale Trust sheds $80 million
Key Takeaways Grayscale’s Ethereum Trust led the outflows with over $80 million withdrawn in one day. Bitwise’s Ethereum ETF was…
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Polymarket explores token launch amid $50 million fundraising talks
Key Takeaways Polymarket is negotiating over $50 million in funding linked to a potential token launch. The platform has attracted…
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Republicans urge SEC to drop SAB 121 crypto accounting rule
Key Takeaways Bipartisan congressional members request SEC to withdraw SAB 121. SAB 121 requires custodians to treat digital assets as…
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