China

The Genius Act ripple effect: Sui executives say institutional demand has never been higher

Sui executives report a significant increase in institutional demand for cryptocurrency, attributing this surge to the recent passage of the Genius Act, which aims to provide clearer regulations for digital assets. They highlight that the act has created a more favorable environment for institutional investors, leading to heightened interest and investment in the crypto space. Sui's leadership emphasizes that this trend reflects a broader acceptance of cryptocurrencies among traditional financial institutions. The executives believe that the momentum generated by the Genius Act will continue to drive growth and innovation in the industry.

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Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

Publicly traded blockchain lender Figure has confirmed a data breach affecting customer information. The breach reportedly exposed sensitive data, including names, addresses, and financial details of some clients. Figure stated that they are investigating the incident and have implemented measures to enhance security. The company has also notified affected customers

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

Steve Kurz from Galaxy Digital highlights a "great convergence" in the cryptocurrency market, driven by the integration of traditional finance and digital assets. He believes that regulatory clarity and institutional adoption will play crucial roles in shaping the long-term outlook for crypto. Kurz emphasizes that the ongoing developments

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

Bitcoin's price has significantly declined, but analysts believe it has not yet reached its ultimate bear market bottom. Current market conditions suggest that further declines could occur before a recovery begins. Factors such as macroeconomic trends and investor sentiment are contributing to the ongoing bearish outlook. Analysts are

Elon Musk's X to launch crypto and stock trading in ‘couple weeks’

Elon Musk's platform X is set to introduce cryptocurrency and stock trading features within the next couple of weeks. This move aligns with Musk's vision of transforming X into an all-encompassing financial services platform. The trading capabilities will allow users to buy and sell various cryptocurrencies

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Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

Elon Musk's X to launch crypto and stock trading in ‘couple weeks’