Fri, October 9

Coin Center Analyzes Crypto Policy Under Trump as Surveillance Tops Concerns

Following Donald Trump’s re-election to the U.S. president earlier this month, the analysis of the crypto policy landscape was released by the non-profit crypto industry research and advocacy organization Coin Center. Though some difficult challenges will certainly remain. The organization does concede in the report that many in the sector,

November 23, 2024 2 mins read

South Korean Crypto Platform Delio Declared Bankrupt Amid $1.75B Debt

According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’

November 23, 2024 2 mins read

Polymarket Expands Access Restrictions Amid French Compliance Inquiry

In light of a rumoured inquiry into the platform’s compliance with local gambling regulations, prediction marketplace Polymarket has widened its access restrictions to include users in France. Although the company has not yet made an official announcement regarding the ban on French users. A message stating that Polymarket is in

November 23, 2024 2 mins read

Solana (SOL)-based HIO Music ($HIO) Platform Schedules Token Launch on November 29

HIO Music ($HIO), a fast-growing social music platform that leverages the Solana (SOL) network, has announced the date for its highly anticipated airdrop. According to the announcement, HIO Music, formerly Helios, will undertake the token generation event (TGE) on November 29, 2024. The HIO Music team has remained laser-focused and

November 23, 2024 3 mins read

US SEC Commissioner Lizárraga Announces Exit Amid Overhaul

Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.

November 23, 2024 2 mins read

Ethereum Futures Open Interest Hits $20.8B, Signaling Bullish Momentum

With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.

November 23, 2024 2 mins read

CFTC Commissioner Summer Mersinger Advocates for Clear Crypto Regulations

At the North American Blockchain Summit on November 21st, CFTC Commissioner Summer Mersinger spoke about the need for notice and comment regulation in creating uniform US regulations around cryptocurrency. As the new allegations against Uniswap Labs demonstrate, the current “regulation by enforcement” policy is a joint effort by the SEC

November 22, 2024 2 mins read

Allianz Acquires 25% of MicroStrategy 2031 Convertible Note Offering

Allianz SE, the second-largest insurance company in Europe, has purchased close to 25% of MicroStrategy’s 2031 convertible notes for $750 million, indirectly supporting its Bitcoin-centered strategy. Allianz SE, the second largest insurance company in Europe, has made a bold move by buying almost 25% of MicroStrategy’s convertible notes due in

November 22, 2024 2 mins read

Will Trump’s Crypto Agenda Revolutionize the US Market?

Since Donald Trump was elected President of the United States, the political landscape has undergone significant changes, concerning the crypto industry. With policy shifts and key resignations like that of SEC Chair Gary Gensler, the crypto environment in the U.S. has become increasingly dynamic.  One of the most notable developments

November 22, 2024 2 mins read