SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project.... Read more »

Binance urges WazirX to compensate users after $235M hack

Key Takeaways Binance asserts it has never owned or controlled WazirX, countering claims from the Indian exchange. Binance urges WazirX to compensate users affected by the $235 million hack. Share this article... Read more »

SEC commissioners argue securities laws are unnecessary in Flyfish NFT case

SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners argued that securities... Read more »

UK Bill Recognizes Digital Assets as Personal Property Under New Law

The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister... Read more »

DBS to launch Bitcoin and Ethereum options trading for institutional clients

Key Takeaways DBS Bank will start offering crypto options and structured notes linked to BTC and ETH in Q4 2024. The bank’s new crypto products aim to provide hedging against market volatility.... Read more »

MicroStrategy to issues another $700 million in senior notes to continue Bitcoin acquisitions

MicroStrategy Incorporated announced plans to privately offer $700 million worth of convertible senior notes due 2028, subject to market conditions, according to a Sept. 16 press release. The company also expects to... Read more »

CFTC Teams up With SEC to Fight Cryptocurrency Scams

The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These... Read more »

Polymarket traders see 99% chance of rate cuts this week

Key Takeaways Expected rate cuts could drive Bitcoin prices higher as investors seek riskier assets. Share this article Polymarket traders are overwhelmingly betting on a Federal Reserve rate cut this week, with... Read more »

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and... Read more »

Bloomberg analyst refutes controversial allegations against Coinbase, says BlackRock is ‘not messing around’

Bloomberg senior ETF analyst Eric Balchunas refuted recent allegations against Coinbase that claimed the exchange was not using BlackRock’s funds to buy actual Bitcoins (BTC). The rumors surfaced on social media on Sept.... Read more »