The ongoing trial of Tornado Cash co-founder Roman Storm has ignited fierce debate over legal boundaries in blockchain technology, with prosecutors and defense attorneys clashing over whether the protocol constitutes a money laundering tool or lawful privacy infrastructure. Testimonies presented… Read More »Tornado Cash Trial Sparks Debate on Blockchain Privacy as Bitcoin Market Shows Recovery
The U.S. Securities and Exchange Commission (SEC) has temporarily suspended approval of the Bitwise 10 Crypto Index Exchange-Traded Fund, which tracks major digital assets including Bitcoin, Ethereum, XRP, and Solana, pending further regulatory assessment. This decision places a hold on… Read More »SEC Halts Bitwise 10 Crypto Index ETF Approval for Additional Review
The Aqua1 Foundation’s $100 million stake in traditional finance firm World Liberty Financial has drawn intense scrutiny following allegations of undisclosed connections to blockchain infrastructure provider Web3Port, raising significant transparency concerns within the cryptocurrency sector. Investigations reveal technical links contradicting… Read More »Aqua1 Foundation Faces Scrutiny Over Alleged Undisclosed Web3Port Ties During $100M World Liberty Stake
Binance has achieved $1 billion in profit during its inaugural year of operation, marking a significant milestone in digital asset market evolution. The exchange rapidly ascended as a dominant force by capitalizing on the 2017-2018 initial coin offering (ICO) surge,… Read More »Binance Hits $1 Billion Profit Milestone in First Year Amid Crypto Boom
Strategy has significantly increased its Bitcoin portfolio by acquiring 4,980 BTC for $531.9 million, executed at an average price of $106,801 per coin. This strategic purchase elevates the firm’s total holdings to 597,325 BTC, maintaining an average cost basis of… Read More »Strategy Expands Bitcoin Holdings to 597,325 BTC Through $532M Stock-Backed Acquisition Amid Legal Scrutiny
The U.S. Securities and Exchange Commission (SEC) has extended the decision timeline for Franklin Templeton’s proposed exchange-traded funds (ETFs) tied to XRP and Solana by 35 days, pushing the deadline to late July. The extension allows additional time to gather… Read More »SEC Extends Review Period for Franklin Templeton’s XRP and Solana ETFs Amid Regulatory Scrutiny
The U.S. Securities and Exchange Commission (SEC) has delayed decisions on two cryptocurrency exchange-traded fund proposals, extending the review period for Grayscale’s Polkadot Trust conversion to a spot ETF and Canary Capital’s Hedera (HBAR) ETF application. The new deadline for… Read More »SEC Extends Review Period for Polkadot and Hedera ETF Proposals Amid Regulatory Scrutiny