Saylor again teases Bitcoin buying strategy ahead of Columbus Day

Saylor again teases Bitcoin buying strategy ahead of Columbus Day

Strategy Chair Michael Saylor teased investors watching Sunday for a signal from the company’s recent bitcoin purchases with the message “there’s always room for more oranges” in a post on X. However, an official notification via a filing with the US Securities and Exchange Commission likely won’t come before Tuesday, as federal offices will be … Read more

The CFTC aims to separate swaps from gambling

The CFTC aims to separate swaps from gambling

The Commodity Futures Trading Commission (CFTC) has issued two proposals, one that would define event contracts as “swaps” under federal law and another that would exclude traditional casino gambling from that definition. Several states have sued prediction-market operators, including Kalshi and Polymarket, alleging illegal gambling, and the CFTC has countersued to defend its federal jurisdiction … Read more

NY AG Protects Up to $35M in Celsius Founder Alex Mashinsky Settlement

NY AG Protects Up to M in Celsius Founder Alex Mashinsky Settlement

Former Celsius CEO Alex Mashinsky has been permanently banned from the cryptocurrency, securities and commodities industries under a settlement with New York Attorney General Letitia James that includes a conditional payment of up to $35 million. New York contractAnnounced Friday, Mashinsky settled a 2023 civil lawsuit alleging he misled hundreds of thousands of investors about … Read more

Justin Sun says Tron post-quantum plans on testnet

Justin Sun says Tron post-quantum plans on testnet

Tron Networks founder Justin Sun said the company’s post-quantum cryptography was now live on the testnet.“We are closely monitoring the progress of quantum computing and AI, and we are ready to bring quantum resistance to the mainnet anytime, Sun said in a post Saturday at X. He added, “We are committed to protecting user assets, … Read more

Meanwhile, more funds are raised

Meanwhile, more funds are raised

Meanwhile, a life insurer licensed to operate entirely on bitcoin has announced $37.5 million in new funding from existing investors. Based in Bermuda meanwhilewhose backers include OpenAI CEO Sam Altman, has now raised more than $180 million. Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Morgan Creek Digital as well as … Read more

Treasury Secretary: US Targeting $1 Billion in Crypto Tied to Iran as Part of Deterrence Strategy

Treasury Secretary: US Targeting  Billion in Crypto Tied to Iran as Part of Deterrence Strategy

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THORchain executives accuse Tether of temporarily hoarding USDT vaults

THORchain executives accuse Tether of temporarily hoarding USDT vaults

Chad Barraford, the network’s technical co-founder, said the funds were frozen and then unfrozen without explanation. THORchain technical co-founder Chad Barraford accused stablecoin issuer Tether of blacklisting the network’s USDt (USDT) vaults without explanation, then unfreezing them hours later. A Friday at X Post, Barraford said Tether that blacklisted THORchain vault addresses, accumulated around 1.45 … Read more

ESMA investigates tokenized collateral for EU clearinghouses

ESMA investigates tokenized collateral for EU clearinghouses

The European Securities and Markets Authority (ESMA) wants proof that clearinghouses can access tokenized collateral and turn it into cash if markets are under stress. SMA published A call for evidence Friday to seek industry feedback on the impact of tokenized collateral. “We must create the conditions for tokenized markets to operate safely and across … Read more