News archive · Page 64
Ripple's David Schwartz Challenges Bitcoin's Purist Movements Amid Block Controversy
'Ripple's Schwartz responds to Bitcoin's spam purists, asserting that public blockchains thrive on user freedom and market choice, regardless of opinions.'
Citigroup's CEO Voices Support for CLARITY Act Amid Concerns Over Stablecoin Incentives
Citigroup CEO Jane Fraser supports the CLARITY Act but warns that stablecoin rewards could harm traditional banks by decreasing their deposits.
RedotPay Postpones U.S. IPO Amid Legal Challenges and Regulatory Hurdles
RedotPay's US IPO is delayed due to a $473M lawsuit involving Binance, as the company seeks regulatory approvals and prepares to enter the US market.
$11.8 Million Lost to Cryptocurrency Job Scam in Singapore
A crypto job scam in Singapore led to an $11.8 million loss after infected devices granted attackers access to corporate systems and funds.
Lawmaker Questions Equity of South Korea's Planned 22% Cryptocurrency Tax
South Korean lawmaker Park Soo-young criticizes a proposed 22% crypto tax, warning it could drive investment capital overseas and unfairly burden 13 million users.
Plume and Shinhan Asset Management Collaborate on KRW Tokenized Fund Trial
Plume and Shinhan Asset Management are testing a KRW tokenized fund as a proof of concept focused on offshore compliance and technical requirements.
Binance defamation suit sees Wall Street Journal request dismissal
The Wall Street Journal seeks to dismiss Binance's defamation lawsuit over claims of inadequate compliance and transactions linked to Iran, citing lack of malice.
User of Hyperliquid Loses $550K in Phishing Scam Linked to Google Advertisement
A Hyperliquid user lost $550,000 in a Google ad scam, linked to a phishing site impersonating the platform. Security measures and scams overview included.
SEC Cancels Crypto Regulation Meeting, Leaves Industry Awaiting Updates
The SEC has delayed its Regulation Crypto meeting, postponing a vote on proposed rules for crypto asset offerings without a new date.
JPMorgan Cuts Ties with Polymarket Amid Regulatory Issues and Ongoing Relations
JPMorgan Chase ended its banking relationship with Polymarket in October 2025 over regulatory issues, prompting Polymarket to seek a new banking partner.
Gemini Faces $107.7 Million Q2 Loss Amid Declining Trading Volumes
Gemini reported a $107.7M loss in Q2, as spot trading volume plummeted 66%, despite a year-over-year revenue growth of 37% to $45.5M.
FG Nexus Concludes Ethereum Strategy After Sustaining $45.2 Million Loss
FG Nexus exits its Ethereum treasury strategy after incurring a $45.2 million loss from digital asset operations, pivoting to real estate investments.
Norway's Sovereign Wealth Fund Takes $81.87 Million Stake in BitMine Immersion Technologies, Gaining Indirect Ethereum Exposure
Norway’s Government Pension Fund Global invests $81.9M in BitMine, gaining indirect exposure to Ethereum, boosting crypto market confidence.
Potential Changes to MSCI Index Could Affect Strategy and Metaplanet
MSCI is evaluating a proposal to potentially remove Strategy and Metaplanet from its Global Investable Market Indexes as of November 2026, amidst a broader methodology…
Study Reveals 65,340 Vulnerable Crypto Addresses on Ethereum and BNB with Losses Exceeding $574.8 Million
A USENIX Security '26 study reveals 65,340 risky Ethereum and BNB addresses linked to $574.8M in potential losses, emphasizing serious crypto vulnerabilities.
SharpLink Unveils $200M Investment in Ether via Lido for Enhanced Treasury Returns
SharpLink announces a plan to stake $200M in Ether via Lido, aiming to enhance returns from its Ethereum treasury through wstETH.
Crypto Market Sentiment for 2026-08-13
The cryptocurrency market sentiment is positive, driven by DeFi expansion, Tether's audit success, and regulatory advancements, enhancing investor confidence.
Ethereum Foundation Announces Strategic Shift from Poseidon to Traditional Hash Functions for L1 Security Enhancement
Ethereum moves away from Poseidon in its L1 roadmap, opting for established hash functions like SHA-2 and BLAKE2s, enhancing post-quantum security.
KPMG Issues Unqualified Audit for Tether’s First Comprehensive Financial Review
Tether completes its first full audit by KPMG, receiving an unqualified opinion on its 2025 financial statements, showcasing a $6.814 billion reserve surplus.
Settlement Negotiations Underway Between FCA and HTX Regarding Unauthorized Crypto Promotions in the UK
The FCA and HTX are negotiating a settlement over illegal UK crypto promotions as court proceedings are paused, aiming for compliance and resolution.
