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A new U.S. rule aims to allow cryptocurrency investments within retirement accounts, potentially opening up an $8 trillion market. The rule, proposed by the Department of Labor, seeks to provide clearer guidelines for retirement plan fiduciaries regarding the inclusion of digital assets. This move is expected to enhance access
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Hashdex has expanded its diversified crypto exchange-traded fund (ETF) by introducing options for hedging and income generation. The new features allow investors to manage risk more effectively while also seeking potential income through options strategies. This move aims to enhance the ETF's appeal to a broader range of
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David Bailey's Nakamoto has sold approximately 5% of its bitcoin holdings, offloading 284 BTC. This sale comes amid fluctuating market conditions and reflects the company's strategy to manage its cryptocurrency assets. The decision to sell a portion of their holdings may indicate a shift in investment
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Democratic lawmakers are urging the Commodity Futures Trading Commission (CFTC) and an ethics watchdog to investigate potential insider trading in prediction markets, particularly focusing on platforms like Kalshi. They are concerned that individuals with non-public information could exploit these markets, undermining their integrity. The lawmakers emphasize the need for clear
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Satoshi Nakamoto has sold $20 million worth of Bitcoin, marking a significant move in the cryptocurrency market. In addition to the Bitcoin sale, Nakamoto has reduced their stake in Metaplanet, a venture capital firm focused on blockchain technology. This decision has raised eyebrows among investors and analysts, as Nakamoto is
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F2Pool co-founder Wang Chun revealed that a condominium in Thailand, purchased for 2,900 Bitcoin, was sold for just 7 Bitcoin. This significant loss highlights the drastic decline in Bitcoin's value over time. The condo's original purchase price, when Bitcoin was at its peak, underscores the
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Senator Cynthia Lummis has raised concerns regarding the Securities and Exchange Commission's (SEC) regulatory approach towards cryptocurrency businesses associated with former President Donald Trump. She questioned whether the SEC is applying inconsistent standards in its oversight of these firms compared to others in the crypto industry. Lummis emphasized
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The U.S. Department of Justice has charged a hacker for their involvement in the $53 million exploit of Uranium Finance, a decentralized finance platform. The individual, identified as a 27-year-old from Canada, allegedly manipulated the platform's smart contracts to siphon off funds. The charges include wire fraud
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A new U.S. rule aims to allow cryptocurrency investments within retirement accounts, potentially opening up an $8 trillion market. The proposal, introduced by the Department of Labor, seeks to provide clearer guidelines for retirement plan fiduciaries on including digital assets in investment options. This move is seen as a
China
The operator of cryptocurrency exchange KuCoin has been barred from operating in the U.S. following an order from the Commodity Futures Trading Commission (CFTC). This action comes after a separate case in which the Department of Justice (DOJ) imposed a $297 million penalty related to violations of U.S.
China
A Maryland man has been charged in connection with a $50 million hack of Uranium Finance, a decentralized finance platform. The U.S. authorities seized approximately $31 million in cryptocurrency linked to the hack. The individual allegedly exploited vulnerabilities in the platform to execute the theft. The case highlights ongoing
China
Bitcoin has maintained a price of $67,500 amid geopolitical tensions, particularly concerning the ongoing conflict in Iran. Former President Donald Trump hinted at a potential resolution to the Iran war, which has contributed to market volatility. Despite the closure of the Strait of Hormuz, a critical shipping route for