FTT, the native currency of FTX and its ecosystem, is up 45% when writing on June 28. This positive price action follows a report by the Wall Street Journal that the exchange’s new management has started receiving proposals from parties interested in restarting the exchange. The unconfirmed report cited the chief executive officer, John J. Ray […]

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial.

While crypto smoulders, some of the world’s biggest asset managers make their move. You have to hand it to the bear market: it has a perverse sense of humour. Here we are, deep in crypto’s most existential of winters, a time of bankruptcies, protocol collapse and 99% drawdowns, a time when allies are turning on […]

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”

High-profile NFT collections Azuki Elementals and Bored Ape Yacht Club face market turbulence amid controversial moves. Despite a sluggish NFT market, Azuki, a renowned name from Chiru Labs, has successfully raised a staggering $38 million worth of Ethereum. This feat was achieved in a brisk 15 minutes through a complete sell-out in its latest drop. […]

The U.S. Secret Service DATA Squad utilizes personalized NFTs to demonstrate their involvement and expertise in cryptocurrency. The U.S. Secret Service, well-known for its protective duties, recently stirred curiosity with its unconventional involvement in the world of non-fungible tokens (NFTs). The San Francisco Field Office’s “Digital Asset Technology Alliance” (DATA) Squad maintains a unique collection […]

The UK Law Commission recommends a tailored legal framework to accommodate crypto as collateral and boost digital asset growth. In a landmark move, the Law Commission in the UK, a body constituted of legal scholars and funded by the Ministry of Justice, proposes an innovative framework aimed at incorporating crypto into the legal structure. They […]

FTX is inching closer to a potential reboot, with CEO John Ray reportedly opening up the floor to bidders looking to finance the new venture.

Bitcoin miners were recording extremely high exchange interaction, sending an all-time high of $128 million to exchanges.

Bitcoin (BTC) has again taken center stage in the cryptocurrency market as institutional interest surges. This interest has been spurred by major financial giants such as BlackRock, Fidelity, and Ark Invest, who have applied with the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin Exchange Traded Fund (ETF).  According to Coin Metrics, […]